|
a = RETURN T0:
<br />u u MIDWEST TITLE
<br />1121 S. 13TH ST
<br />UJ TE, NE 68061
<br />01V tiL 0(033
<br />This Agreement is made this 23rd day of March, 2004, by and bet ween U.S. Bank National
<br />Association ND ( "Bank ") and Principal Residential Mortgage ("Refinancer'). `?1
<br />Bank is the beneficiary under a deed of trust (the " Junior Deed of Trust ") dated January 11, 2002,
<br />granted by Steven F. Asche and Connie Asche, husband and wife ( "Borrower "), and recorded in the office of
<br />the Register of Deeds, Hall County, Nebraska, on February 15, 2002, as Document No. 0200201834,
<br />encumbering the real property described therein (collectively, the "Property "). Refinancer is the beneficiary
<br />under a deed of trust (the "Senior Deed of Trust ") dated March 30,
<br />20jq granted by the Borrower, and recorded n the same office on
<br />IQ-ir( 01 , 20�, as 7.�.,-f �.. 4 o;LUyAlU3y9Y
<br />encumbering the property. To induce Refinancer to make a loan to the Borrower secured by the Senior
<br />Deed of Trust, Bank has agreed to execute and deliver this 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 Trust
<br />does not exceed $88,850.00, exclusive of interest thereon, amounts advanced to protect the lien and priority
<br />of the Senior Deed of r,rust, and costs of collection, and provided further, that_ this agreement s!;a!l net be
<br />effective until eacn 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: Part of the Southeast Quarter of the Northeast Quarter (SE1 /4NE1/4) of section twenty -
<br />three (23), township (11), Range Ten (10) West of the 6th P.M., Hall County, Nebraska, More particularly
<br />described in survivorship warranty deed recorded as oc ment no. 96- 105264.
<br />5',e -c A1+a C�fcA -1 III- A
<br />Property Address: 940 S North Rd, Grand Island, NE 68803 -4835
<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 />V No Corporate Seal
<br />By: Sherri J. Bernard
<br />Title: Operations Officer
<br />STATE OF North Dakota )
<br />COUNITY OF Cass
<br />The foregoing instrument was acknowledged before me this 23rd day of March, 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 />RONDA A. SMSON Notary Public
<br />Notary Public (� U �� .S�ver-� Gki
<br />State of North Dakota , `
<br />My Commisslon lres March 18, 2008
<br />This instrument was drafted by: US Bank, Collateral Services, P.O. Box 2687, Fargo NO Sala?.
<br />V
<br />N
<br />b
<br />es
<br />M
<br />Z
<br />m
<br />CD
<br />c°
<br />09
<br />I
<br />to
<br />E
<br />o
<br />Of Q
<br />a=
<br />w
<br />o�
<br />CZ)
<br />O O
<br />}
<br />°
<br />UZ
<br />�
<br />�
<br />w
<br />X
<br />�-
<br />LEeed
<br />Of Trust
<br />Subordinadon Agreement
<br />Account No.
<br />510030928
<br />Drafted
<br />by:
<br />th
<br />a = RETURN T0:
<br />u u MIDWEST TITLE
<br />1121 S. 13TH ST
<br />UJ TE, NE 68061
<br />01V tiL 0(033
<br />This Agreement is made this 23rd day of March, 2004, by and bet ween U.S. Bank National
<br />Association ND ( "Bank ") and Principal Residential Mortgage ("Refinancer'). `?1
<br />Bank is the beneficiary under a deed of trust (the " Junior Deed of Trust ") dated January 11, 2002,
<br />granted by Steven F. Asche and Connie Asche, husband and wife ( "Borrower "), and recorded in the office of
<br />the Register of Deeds, Hall County, Nebraska, on February 15, 2002, as Document No. 0200201834,
<br />encumbering the real property described therein (collectively, the "Property "). Refinancer is the beneficiary
<br />under a deed of trust (the "Senior Deed of Trust ") dated March 30,
<br />20jq granted by the Borrower, and recorded n the same office on
<br />IQ-ir( 01 , 20�, as 7.�.,-f �.. 4 o;LUyAlU3y9Y
<br />encumbering the property. To induce Refinancer to make a loan to the Borrower secured by the Senior
<br />Deed of Trust, Bank has agreed to execute and deliver this 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 Trust
<br />does not exceed $88,850.00, exclusive of interest thereon, amounts advanced to protect the lien and priority
<br />of the Senior Deed of r,rust, and costs of collection, and provided further, that_ this agreement s!;a!l net be
<br />effective until eacn 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: Part of the Southeast Quarter of the Northeast Quarter (SE1 /4NE1/4) of section twenty -
<br />three (23), township (11), Range Ten (10) West of the 6th P.M., Hall County, Nebraska, More particularly
<br />described in survivorship warranty deed recorded as oc ment no. 96- 105264.
<br />5',e -c A1+a C�fcA -1 III- A
<br />Property Address: 940 S North Rd, Grand Island, NE 68803 -4835
<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 />V No Corporate Seal
<br />By: Sherri J. Bernard
<br />Title: Operations Officer
<br />STATE OF North Dakota )
<br />COUNITY OF Cass
<br />The foregoing instrument was acknowledged before me this 23rd day of March, 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 />RONDA A. SMSON Notary Public
<br />Notary Public (� U �� .S�ver-� Gki
<br />State of North Dakota , `
<br />My Commisslon lres March 18, 2008
<br />This instrument was drafted by: US Bank, Collateral Services, P.O. Box 2687, Fargo NO Sala?.
<br />V
<br />N
<br />a = RETURN T0:
<br />u u MIDWEST TITLE
<br />1121 S. 13TH ST
<br />UJ TE, NE 68061
<br />01V tiL 0(033
<br />This Agreement is made this 23rd day of March, 2004, by and bet ween U.S. Bank National
<br />Association ND ( "Bank ") and Principal Residential Mortgage ("Refinancer'). `?1
<br />Bank is the beneficiary under a deed of trust (the " Junior Deed of Trust ") dated January 11, 2002,
<br />granted by Steven F. Asche and Connie Asche, husband and wife ( "Borrower "), and recorded in the office of
<br />the Register of Deeds, Hall County, Nebraska, on February 15, 2002, as Document No. 0200201834,
<br />encumbering the real property described therein (collectively, the "Property "). Refinancer is the beneficiary
<br />under a deed of trust (the "Senior Deed of Trust ") dated March 30,
<br />20jq granted by the Borrower, and recorded n the same office on
<br />IQ-ir( 01 , 20�, as 7.�.,-f �.. 4 o;LUyAlU3y9Y
<br />encumbering the property. To induce Refinancer to make a loan to the Borrower secured by the Senior
<br />Deed of Trust, Bank has agreed to execute and deliver this 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 Trust
<br />does not exceed $88,850.00, exclusive of interest thereon, amounts advanced to protect the lien and priority
<br />of the Senior Deed of r,rust, and costs of collection, and provided further, that_ this agreement s!;a!l net be
<br />effective until eacn 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: Part of the Southeast Quarter of the Northeast Quarter (SE1 /4NE1/4) of section twenty -
<br />three (23), township (11), Range Ten (10) West of the 6th P.M., Hall County, Nebraska, More particularly
<br />described in survivorship warranty deed recorded as oc ment no. 96- 105264.
<br />5',e -c A1+a C�fcA -1 III- A
<br />Property Address: 940 S North Rd, Grand Island, NE 68803 -4835
<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 />V No Corporate Seal
<br />By: Sherri J. Bernard
<br />Title: Operations Officer
<br />STATE OF North Dakota )
<br />COUNITY OF Cass
<br />The foregoing instrument was acknowledged before me this 23rd day of March, 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 />RONDA A. SMSON Notary Public
<br />Notary Public (� U �� .S�ver-� Gki
<br />State of North Dakota , `
<br />My Commisslon lres March 18, 2008
<br />This instrument was drafted by: US Bank, Collateral Services, P.O. Box 2687, Fargo NO Sala?.
<br />
|