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OCT -05 -98 MON 02:36 PM 0 ; ;;C' ; OCT -05 -98 MON 10:41 AM 0 iNC FAX NO. ,8177 200106463 f (1) That Said Decd of Trust s,_vtt i„g snid mile in favor of Londcr, and ally rancw;tta or ex(entinns (hereof, atha,ll unco„ditivilally be and tcmalit ;it all 61T)CS a lien or charge on the Froltia:rty ifiCrein rlcscr•ibcd. prior and sulwrior In the lien or cltzrl e ul' (tic l)cct) Of'J•ru�t lirsl above mentlonc(t. (L) Tllat Lendcr would nut m -mice its Ivan stbvvc descrlbed without this Subordim,tiu„ �Agtt'cincnl. (3) TIM11 this agrccittcitt sleek{' hi: the whole rmd only at ;mCluent with tr.hatii to Ilia suborthitntivn ol- tho rat, or charge of tl►e Decti of Ttuat first nboye meniforictl to IN: licit ter cllattge Of the Decd or Trust In favor „1' icndcr ahtivc rcJcr'rctJ ft+ mitt slmll Si)perbc0t, -.ma C21ICcl but only iiis ,fjr as wot,ld all'cCt 1110 priority between Ilia Dcct1A til" 1•tust 11arcluhcl'urc spccirically dezicrilmd. aray t,rior eKreetttetu a it) �UCIS ju1,Cardirtntiorl lriVltttlnig. I'm nut li,niterl ta. thvsc II.rt�vi• ions, it Pity, rot loricd in the Deed w, Timm final above mentlor,ed. N.Itich provit7cs ror thr s,atav[tlii►wGt,a1 of Use Ilen or charge Ilmicol to allol)WI, Dccd of Trust or w another porn tgage ur Mort fngcc. Ucncfidary declares, agtccs and :wWwwledges lhnt (at) Ile consents to avid appruv%:0 (i) all provisions of the heir. and Decd 01-11' rust in favor or Lander above rt ferret( w, and (fi) all at mcmcnts, includisis but not limitetl Iv any Irate or escrow agruentcats, between owner and Leader for the disbar; mmoot of iiac prouecds of Lender's loan; I Lertticr Is making disbursemruts putsuant to any such ag1-ceittetst ir. under no obllGatiun or duty to, nor hour T-ender Irpicscnt -Ld (1141 it will, sets to the taprlication ul'slacll proceeds by the person or persons to whorl LeMer disl,uryca Such i,r CCCWls and Ally aitpllcatinu OF u3c or such proccctltt fur pui ,uses vther tium ltiose provided ror in suck ngrccinvmt ur agrrelncvits shall l,tit dercat the subt►rdinatiou herein made in whoic or in Lmil; (e) Ile Intentlonally and unconditlonnlly waives, rclimlttishGS oral suhurdin:aics the Jielt or charge or site Decd or Trust tirst above mcmiourd in litvor of the licit or cl,art'e upon paid land vif Me Decd or lrnst in nivur of L cnder above referred to and tntt)cis(ands that in reliance ul,on. and Ili conskIvr don or Chi- wnivct', roii,yuisixitiesit and -mbortlimstivu sltct:i(ic loans and %dvrnCrs arc Itchig ;md will hn made ;Intl, as Isa►t avid patecl thlomut, sitet.it"ic monetary ttnrl virher obllgntions are being and will be entered into which would out bt: made or entered iltto but riti• SAW rcliume upon this waiver. n Jinquishmcnt and Subordfnndun; and (ti) An cilJorsement hate been placed u�ppott Ilse »ale tectiled by (tics IJeetl o['I'rlut llrst Above ritenUoncd that %mild Decd of Trust halt by this instivtitcm beckll sutilt-YtAnatad to Itsc Iten or charge or the aced of Trust In favor or Loiter shove lrefecrud u►_ NOTICE: 'This Subordinalinn ilgtcvntcnt Contains a provision which tlllowt lite person (,bligatcd tin your property pcctirily Ito obtain n Ill »n, a portion or which Inay he c7rpcn %led for other ptulit,scs than itulyruvement or the land_ STATE OF 111 nstruancnt , co tuna rn¢ tl,ia day of . IJ COUNTY OF My cuminlosivq expire,: 6El(ERAL NOTARY -State of Nabraka MARK D. Ttal1CI My Comm. Exit. OR.15; 2001 auaAonce tiov 13yr P. 04 P. 02