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.. <br /> � 99- 1�3sss <br /> (2) That Lender would not make its loan above described without this subordination agreement. <br /> (3) That this agreement shall be the whole and only agreement with regard to the subordination of the lien or charge of the deed of trust <br /> first above mentioned to the lien or charge of the deed of trust in favor of Lender above referred to and shall supersede and cancel,but <br /> only insofar as would affect the priority between the deeds of trust hereinbefore specifically described,any prior agreements as to such <br /> subordination including,but not limited to,those provisions,if any,contained in the deed of trust first above mentioned,which provide for <br /> the subordination of the lien or charge therefore to another deed or deeds of trust or to another mortgage or mortgages. <br /> Beneficiary declares,agrees and acknowledges that <br /> (a) He consents to and approves(I)all provisions of the note and deed of trust in favor of Lender above referred to,and(II)all <br /> agreements,including but not limited to any loan or escrow agreements,between Owner and Lender for the disbursement of the proceeds <br /> of Lender's loan; <br /> (b) Lender in making disbursements pursuant to any such agreement is under no obligation or duty to,nor has Lender represented that it <br /> will,see the application of such proceeds by the person or persons to whom Lender disburses such proceeds; <br /> (c) An endorsement has been placed upon the note secured by the deed of trust first above mentioned that said deed of trust has by this <br /> instrument been subordinated to the lien or charge of the deed of trust in favor of Lender above referred to. <br /> Notice: This Subordination agreement contains a Provision which allows the person obligated on your <br /> real property security to obtain a loan, a portion of which may be expended for other purposes than <br /> improvement of the land. <br /> (All signatures must be acknowledged) <br /> � �, � <br /> BY: <br /> PATRICK R. McLAUGHLIN <br /> ITS: <br /> Document Control Manager of Home Improvement Division <br /> and Authorized Agent of Green Tree Financial Servicing Corporation <br />