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M z D <br />C n = C cn <br />7M �n ° <br />�' n y cn � o N Q. <br />CD <br />7C = �. o H o -n O <br />z <br />M _ <br />o = r„ <br />C kA m D W O=3 <br />° 3 r D C) <br />n cn cf) <br />CD <br />N C <br />Cn „ GJ <br />Z <br />C <br />Space Above This Line for Recording Data <br />This instrument was prepared by Robert James Jr., Post Closing Auditor II, Principal Bank, P.O. Box 9351, Des Moines, Iowa <br />50306 -9467, Phone No. (515) 883 -9085 <br />When recorded return to: Principal Bank, P.O. Box 9351, Des Moines, Iowa 50306 -9467 <br />a 0 qQ q5T- fl ft-� SUBORDINATION OF LIEN <br />WHEREAS, Principal Bank is the owner and holder of a deed of trust dated February 20, 2002 and recorded <br />March 1, 2002. Instrument No. 0200202300 and herein referred to as "Existing Deed of Trust" on the following described <br />property: <br />SEE ATTACHED "EXHIBIT A" <br />Property Address: 1508 Newcastle Road, Grand Island, Nebraska 68801. <br />WHEREAS, E G Edwards, husband and Ranea M Edwards, wife as owners of said property desire to refinance the first lien on <br />said property; <br />WHEREAS, it is necessary that the new lien to Principal Residential Mortgage, Inc., its successors and/or assigns which <br />secures a note in the amount of Seventy -Nine Thousand Two Hundred and no /00 ($79,200.00) hereinafter referred to as "New <br />Deed of Trust", be a first lien on the premises in question; rt �YCLed C" � k LP—W A\ <br />WHEREAS, Principal Bank is willing to subordinate the lien of the "Existing Deed of Trust" to the lien of the "New Deed of <br />Tri:st", <br />NOW THEREFORE, in consideration of the premises and other good and valuable consideration, the receipt of which is <br />hereby acknowledged, Principal Bank hereby subordinates the lien of its "Existing Deed of Trust" to the lien of the "New Deed <br />of Trust ", so that the "New Deed of Trust" will be prior in all respects and with regard to all funds advanced thereunder to the <br />lien of the "Existing Deed of Trust". <br />IN WITNESS WHEREOF, the said Principal Bank has executed this Subordination of Lien this 21st day of January, 2004. <br />BY: <br />Missy EdmoiYds <br />Assistant Manager — Retail Lending <br />STATE OF IOWA ) <br />) ss <br />COUNTY OF POLK ) <br />On this 21st day of January, 2004 before me, a Notary Public in the state of Iowa, personally appeared Missy Edmonds, to me <br />personally known, who being by me duly sworn or affirmed did say that that person is Assistant Manager — Retail Lendi g of <br />said corporation and that said instrument was signed on behalf of the said corporation by the said Missy Ednioners. who <br />acknowledged the execution of said instrument to be the voluntary act and deed ' of s4id corporation by it voluntary cuted <br />My commission expires: <br />X10:1 Numbu 7X9* <br />