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<br />Deed Of Trust u or i"a ion greeimel
<br />Account No. 80204867002
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<br />Deed Of Trust u or i"a ion greeimel
<br />Account No. 80204867002
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<br />This Agreement is made this 11th day of February, 2004, by and between U.S. Bank National
<br />Association ND ( "Bank ") and BankFirst ( "Refinancer ").
<br />Bank is the beneficiary under a deed of trust (the " Junior Deed of Trust ") dated February 1, 1999,
<br />granted by Miguel A. Molina, a single person, and Miguel F. Molina and Claudia Molina, husband and wife
<br />( "Borrower"), and recorded in the office of the Register of Deeds, Hall County, Nebraska, on April 16, 1999,
<br />as Document No. 99- 103967, encumbering the real property described therein (collectively, the "Property").
<br />Refinancer is the beneficiary under a deed of trust (the "Senior Deed of Trust ") dated
<br />(� Februa-ry 23, 2004 , )M_, granted by the Borrower, and recorded in the same
<br />office on March 15. 2004 1 21X I as
<br />instrument No. 0200402446 , encumbering the property. To induce Refinancer to make a
<br />loan to the Borrower secured by the Senior Deed of Trust, Bank has agreed to execute and deliver this
<br />Subordination Agreement.
<br />ACCORDINGLY, in consideration of the premises and for other good and valuable consideration, the receipt
<br />and sufficiency of which are hereby acknowledged, Bank hereby agrees with Refinancer that the lien of the
<br />Junior Deed of Trust on the Property is and shall be and shall remain fully subordinate for all purposes to the
<br />lien of the Senior Deed of Trust on the Property, to the full extent of all sums from time to time secured by
<br />the Senior Deed of Trust; provided, however, that the total indebtedness secured by the Senior Deed of
<br />Trust does not exceed $60,200.00, exclusive of interest thereon, amounts advanced to protect the lien and
<br />priority of the Senior Deed of Trust, and costs of collection, and provided further, that this agreement shall
<br />not be effective until each other mortgage or other lien recorded against the property (other than the Senior
<br />Mortgage) and each judgment that is a lien against the Property shall be subordinated of record of the lien of
<br />the Senior Mortgage.
<br />Legal Description: The Westerly 44 feet of Lot 7, Block 4, in Windolph's addition to City of Grand Island, Hall
<br />County, Nebraska. APN: 400139588
<br />Property Address: 1212 West John St., GRand Island, NE68801
<br />IN WITNESS THEREOF, this Subordination Agreement is executed on the day and year first above stated.
<br />Bank Name U.S. Bank National Association ND
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<br />No Corporate Seal
<br />By: Sherri J. Bernard
<br />Title: Operations Officer
<br />STATE OF North Dakota )
<br />COUNTY OF Cass )
<br />The foregoing instrument was acknowledged before me this 11th day of February, 2004, by (name)
<br />Sherri J. Bernard, the (title) Operations Officer of (bank name) U.S. Bank National Association ND a national
<br />banking association, on behalf of the association.
<br />k"lo �' �L�
<br />A.
<br />RONgA Notary Public
<br />SEVERSON
<br />Notary Public
<br />State of NWh Dakota
<br />Emc ommission Ex fires March 18, 2005
<br />..
<br />This instrument was drafted by: US Bank, Collateral Services, P.O. Box 2687, Fargo NO 58102
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<br />This Agreement is made this 11th day of February, 2004, by and between U.S. Bank National
<br />Association ND ( "Bank ") and BankFirst ( "Refinancer ").
<br />Bank is the beneficiary under a deed of trust (the " Junior Deed of Trust ") dated February 1, 1999,
<br />granted by Miguel A. Molina, a single person, and Miguel F. Molina and Claudia Molina, husband and wife
<br />( "Borrower"), and recorded in the office of the Register of Deeds, Hall County, Nebraska, on April 16, 1999,
<br />as Document No. 99- 103967, encumbering the real property described therein (collectively, the "Property").
<br />Refinancer is the beneficiary under a deed of trust (the "Senior Deed of Trust ") dated
<br />(� Februa-ry 23, 2004 , )M_, granted by the Borrower, and recorded in the same
<br />office on March 15. 2004 1 21X I as
<br />instrument No. 0200402446 , encumbering the property. To induce Refinancer to make a
<br />loan to the Borrower secured by the Senior Deed of Trust, Bank has agreed to execute and deliver this
<br />Subordination Agreement.
<br />ACCORDINGLY, in consideration of the premises and for other good and valuable consideration, the receipt
<br />and sufficiency of which are hereby acknowledged, Bank hereby agrees with Refinancer that the lien of the
<br />Junior Deed of Trust on the Property is and shall be and shall remain fully subordinate for all purposes to the
<br />lien of the Senior Deed of Trust on the Property, to the full extent of all sums from time to time secured by
<br />the Senior Deed of Trust; provided, however, that the total indebtedness secured by the Senior Deed of
<br />Trust does not exceed $60,200.00, exclusive of interest thereon, amounts advanced to protect the lien and
<br />priority of the Senior Deed of Trust, and costs of collection, and provided further, that this agreement shall
<br />not be effective until each other mortgage or other lien recorded against the property (other than the Senior
<br />Mortgage) and each judgment that is a lien against the Property shall be subordinated of record of the lien of
<br />the Senior Mortgage.
<br />Legal Description: The Westerly 44 feet of Lot 7, Block 4, in Windolph's addition to City of Grand Island, Hall
<br />County, Nebraska. APN: 400139588
<br />Property Address: 1212 West John St., GRand Island, NE68801
<br />IN WITNESS THEREOF, this Subordination Agreement is executed on the day and year first above stated.
<br />Bank Name U.S. Bank National Association ND
<br />Apjn� ,J
<br />No Corporate Seal
<br />By: Sherri J. Bernard
<br />Title: Operations Officer
<br />STATE OF North Dakota )
<br />COUNTY OF Cass )
<br />The foregoing instrument was acknowledged before me this 11th day of February, 2004, by (name)
<br />Sherri J. Bernard, the (title) Operations Officer of (bank name) U.S. Bank National Association ND a national
<br />banking association, on behalf of the association.
<br />k"lo �' �L�
<br />A.
<br />RONgA Notary Public
<br />SEVERSON
<br />Notary Public
<br />State of NWh Dakota
<br />Emc ommission Ex fires March 18, 2005
<br />..
<br />This instrument was drafted by: US Bank, Collateral Services, P.O. Box 2687, Fargo NO 58102
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