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Loan No. 003 -003- 1781081 -0001 DR SUBORDINATION AGREEMENT ALauQ
<br />NOfICE: THIS SUBORDIii kf ION AGREEMENT Ft €SvLTS :i1 YOUR SECURITY INTEREST IN THE
<br />PROPERTY BECOMING SUBJECT TO AND OF LOWER PRIORITY THAN THE LIEN OF SOME
<br />OTHER OR LATER SECURITY INSTRUMENT.
<br />This Subordination Agreement, made this April 19, 2001 by WELLS FARGO BANK NEBRASKA, N.A.
<br />(hereinafter referred to as "Beneficiary"), present owner and holder of the Deed of Trust and note first
<br />hereafter described, in favor of HOME FEDERAL SAVINGS & LOAN ASSN OF GRAND ISLAND, it's
<br />successors and /or assigns (hereinafter referred to as "Lender ");
<br />WITNESSETH
<br />THAT WHEREAS, Stephen J. Moran And Barbara J. Moran, Husband And Wife (hereinafter referred
<br />to as "Owner ") did execute a Deed of Trust, dated December 19, 1997 to Norwest Bank Nebraska, N. A.,
<br />as Trustee, covering that certain real property described as follows:
<br />THE LEGAL DESCRIPTION IS ATTACHED HERETO AND MADE A PART HEREOF
<br />APN:
<br />To secure a note in the sum of $16,600.85, dated December 19, 1997, in favor of Norwest Bank
<br />Nebraska, N. A., which Deed of Trust was recorded January 15, 1998, as DOCUMENT NO. 98- 100351,
<br />Official Records of Hall county, and
<br />WHEREAS, Owner has executed, or is about to execute, a Deed of Trust or Mortgage (hereinafter
<br />referred to as "Lender's Security Instrument ") and note not to exceed the sum of $52,000.00, dated
<br />4/1 n /n1 in favor of Lender, payable with interest and upon the terms and conditions
<br />described therein, which Lender's Security Instrument is to be recorded concurrently herewith; and
<br />;:„ RECORDED AS DOCUMENT #0200103296
<br />WHEREAS, It is a condition precedent to obtaining said loan that said Lender's Security Instrument
<br />last above mentioned shall unconditionally be and remain at all times a lien or charge upon the land
<br />hereinbefore described, prior and superior to the lien or charge of the Deed of Trust first mentioned,
<br />Owner has requested Beneficiary to subordinate Beneficiary's lien to the lien about to be taken by the
<br />Lender; and
<br />WHEREAS, Lender is willing to make said loan provided the Lender's Security Instrument securing
<br />the same is a lien or charge upon the above described property prior and superior to the lien or charge of
<br />the Deed of Trust first above mentioned and provided that Beneficiary will specifically and unconditionally
<br />subordinate the lien or charge of the Deed of Trust first above mentioned to the lien or charge of the
<br />Lender's Security Instrument in favor of the Lender; and
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<br />Attn: Home Equity Customer Relations
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<br />18700 NW Walker Rd #92
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<br />Loan No. 003 -003- 1781081 -0001 DR SUBORDINATION AGREEMENT ALauQ
<br />NOfICE: THIS SUBORDIii kf ION AGREEMENT Ft €SvLTS :i1 YOUR SECURITY INTEREST IN THE
<br />PROPERTY BECOMING SUBJECT TO AND OF LOWER PRIORITY THAN THE LIEN OF SOME
<br />OTHER OR LATER SECURITY INSTRUMENT.
<br />This Subordination Agreement, made this April 19, 2001 by WELLS FARGO BANK NEBRASKA, N.A.
<br />(hereinafter referred to as "Beneficiary"), present owner and holder of the Deed of Trust and note first
<br />hereafter described, in favor of HOME FEDERAL SAVINGS & LOAN ASSN OF GRAND ISLAND, it's
<br />successors and /or assigns (hereinafter referred to as "Lender ");
<br />WITNESSETH
<br />THAT WHEREAS, Stephen J. Moran And Barbara J. Moran, Husband And Wife (hereinafter referred
<br />to as "Owner ") did execute a Deed of Trust, dated December 19, 1997 to Norwest Bank Nebraska, N. A.,
<br />as Trustee, covering that certain real property described as follows:
<br />THE LEGAL DESCRIPTION IS ATTACHED HERETO AND MADE A PART HEREOF
<br />APN:
<br />To secure a note in the sum of $16,600.85, dated December 19, 1997, in favor of Norwest Bank
<br />Nebraska, N. A., which Deed of Trust was recorded January 15, 1998, as DOCUMENT NO. 98- 100351,
<br />Official Records of Hall county, and
<br />WHEREAS, Owner has executed, or is about to execute, a Deed of Trust or Mortgage (hereinafter
<br />referred to as "Lender's Security Instrument ") and note not to exceed the sum of $52,000.00, dated
<br />4/1 n /n1 in favor of Lender, payable with interest and upon the terms and conditions
<br />described therein, which Lender's Security Instrument is to be recorded concurrently herewith; and
<br />;:„ RECORDED AS DOCUMENT #0200103296
<br />WHEREAS, It is a condition precedent to obtaining said loan that said Lender's Security Instrument
<br />last above mentioned shall unconditionally be and remain at all times a lien or charge upon the land
<br />hereinbefore described, prior and superior to the lien or charge of the Deed of Trust first mentioned,
<br />Owner has requested Beneficiary to subordinate Beneficiary's lien to the lien about to be taken by the
<br />Lender; and
<br />WHEREAS, Lender is willing to make said loan provided the Lender's Security Instrument securing
<br />the same is a lien or charge upon the above described property prior and superior to the lien or charge of
<br />the Deed of Trust first above mentioned and provided that Beneficiary will specifically and unconditionally
<br />subordinate the lien or charge of the Deed of Trust first above mentioned to the lien or charge of the
<br />Lender's Security Instrument in favor of the Lender; and
<br />Page 1 of 3
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