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<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 October 29, 2001 by WELLS FARGO BANK NEBRASKA,
<br />N.A. (hereinafter referred to as "Beneficiary"), present owner and holder of the Deed of Trust and note
<br />first hereafter described, in favor of EQUITABLE FEDERAL SAVINGS BANK OF GRAND ISLAND, it's
<br />successors and /or assigns (hereinafter referred to as "Lender ");
<br />WITNESSETH
<br />THAT WHEREAS, Roderick D. Clement And Anita Sue Clement, Husband And Wife As Joint
<br />Tenants (hereinafter referred to as "Owner") did execute a Deed of Trust, dated February 19, 2001 to
<br />Wells Fargo Bank Nebraska, N. A., as Trustee, covering that certain real property described as follows:
<br />THE LEGAL DESCRIPTION IS��X
<br />APN: 400 - 348 -94�?
<br />Lot Twenty Six 1 2 ), Amick Acres East Subdivision, Hall County, NEbraska
<br />To secure a note in the sum of $50,000.00, dated February 19, 2001, in favor of Wells Fargo Bank
<br />Nebraska, N. A., which Deed of Trust was recorded March 12, 2001, as INSTRUMENT NO. 2001 - 01905,
<br />Official Records of Hall county. Through subsequent agreements with the Owner, either recorded or
<br />unrecorded, the current borrowing limit for said note has been amended to $50,000.00, 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 $92,300.00, dated
<br />//- i -aco ( , 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 />Reccacko e.s b0C- 4 CP00I //550
<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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<br />Wells Fargo Bank, N. A.
<br />Attn: Home Equity Customer Relations
<br />MAC: P6051 -013
<br />°
<br />18700 NW Walker Rd #92
<br />Beaverton, OR 97006
<br />Loan No. 003- 003 - 2412535 -0001 Cs SUBORDINATION AGREEMENT
<br />ALBUQ
<br />1�j\
<br />NOTICE: THIS SUBORDINATION AGREEMENT
<br />RESULTS IN YOUR SECURITY
<br />INTEREST
<br />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 October 29, 2001 by WELLS FARGO BANK NEBRASKA,
<br />N.A. (hereinafter referred to as "Beneficiary"), present owner and holder of the Deed of Trust and note
<br />first hereafter described, in favor of EQUITABLE FEDERAL SAVINGS BANK OF GRAND ISLAND, it's
<br />successors and /or assigns (hereinafter referred to as "Lender ");
<br />WITNESSETH
<br />THAT WHEREAS, Roderick D. Clement And Anita Sue Clement, Husband And Wife As Joint
<br />Tenants (hereinafter referred to as "Owner") did execute a Deed of Trust, dated February 19, 2001 to
<br />Wells Fargo Bank Nebraska, N. A., as Trustee, covering that certain real property described as follows:
<br />THE LEGAL DESCRIPTION IS��X
<br />APN: 400 - 348 -94�?
<br />Lot Twenty Six 1 2 ), Amick Acres East Subdivision, Hall County, NEbraska
<br />To secure a note in the sum of $50,000.00, dated February 19, 2001, in favor of Wells Fargo Bank
<br />Nebraska, N. A., which Deed of Trust was recorded March 12, 2001, as INSTRUMENT NO. 2001 - 01905,
<br />Official Records of Hall county. Through subsequent agreements with the Owner, either recorded or
<br />unrecorded, the current borrowing limit for said note has been amended to $50,000.00, 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 $92,300.00, dated
<br />//- i -aco ( , 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 />Reccacko e.s b0C- 4 CP00I //550
<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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