Bank is the beneficiary under a deed of trust (the " Junior Deed of Trust ") dated April 12, 2002,
<br />granted by Michael J. Muessel and Jane M. Muessel, husband and wife ( "Borrower "), and recorded in the
<br />office of the Register of Deeds, Hall County, Nebraska, on May 15, 2002, as Instrument No. 0200205219,
<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 2 - 2-5 1
<br />20 &Y granted by the Borrower, and recorded in the same office on
<br />I-{ — 0 (3 , 20 O y , as cdui s 4r-Mc6 -o wunc .4-9zT6AK, rjc_
<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 />,T4sZ 1q. 0-2-WL- 1C)331 Z
<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 $34,063.00, exclusive of interest thereon, amounts advanced to protect the lien and priority
<br />of the Senior Deed of Trust, and costs of collection, and provided further, that this agreement shall not be
<br />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: Lots eighteen (18) and Nineteen (19), in block one (1), Olde mill Subdivision, in the city of
<br />Grand Island, Hall County, Nebraska excepting therefrom a tract of land more particularly described in
<br />warranty deed recorded as document no. 89- 106286
<br />Property Address: 2703 Wagon Rd, Grand Island, NE 68801 -7366
<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 />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 29th 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 />Notary Public
<br />0 DA A. $IVERSON
<br />Notaryry Public
<br />State of hbrth Dakota
<br />my Commission Expires March 18, 2005
<br />This instrument was drafted by: US Bank, Collateral Services, P.O. Box 2687, Fargo No 58102
<br />ry
<br />s
<br />n cn
<br />m
<br />O
<br />W 2 A
<br />��ii t`
<br />C-
<br />o+ -4
<br />z
<br />=
<br />N
<br />M
<br />C =
<br />\
<br />r
<br />m
<br />o
<br />N
<br />L1.
<br />O
<br />7_ 7C
<br />_
<br />,
<br />�,
<br />o -n
<br />o
<br />M D
<br />t
<br />O
<br />= rn
<br />D�
<br />U
<br />O
<br />/Recording requested by: LSI O
<br />M
<br />—3
<br />When recorded return to:
<br />�
<br />F-A
<br />n
<br />j--.,
<br />Custom Recording Solutions
<br />tp
<br />co
<br />2550 N. Redhill Ave.
<br />F-+
<br />s
<br />Cn
<br />Santa Ana, CA. 92705
<br />N
<br />z
<br />800 - 756 -3524 ext. 5011 %c:;--�
<br />p
<br />Deed Of Trust Subordination Agreement
<br />Account No. 3000047261
<br />Drafted by: th
<br />This Agreement is made this 29th day of March, 2004, by and
<br />between
<br />U.S. Bank National
<br />Association ND ( "Bank ") and Wells Fargo Home Mortgage, Inc. ( "Refinancer").
<br />Bank is the beneficiary under a deed of trust (the " Junior Deed of Trust ") dated April 12, 2002,
<br />granted by Michael J. Muessel and Jane M. Muessel, husband and wife ( "Borrower "), and recorded in the
<br />office of the Register of Deeds, Hall County, Nebraska, on May 15, 2002, as Instrument No. 0200205219,
<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 2 - 2-5 1
<br />20 &Y granted by the Borrower, and recorded in the same office on
<br />I-{ — 0 (3 , 20 O y , as cdui s 4r-Mc6 -o wunc .4-9zT6AK, rjc_
<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 />,T4sZ 1q. 0-2-WL- 1C)331 Z
<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 $34,063.00, exclusive of interest thereon, amounts advanced to protect the lien and priority
<br />of the Senior Deed of Trust, and costs of collection, and provided further, that this agreement shall not be
<br />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: Lots eighteen (18) and Nineteen (19), in block one (1), Olde mill Subdivision, in the city of
<br />Grand Island, Hall County, Nebraska excepting therefrom a tract of land more particularly described in
<br />warranty deed recorded as document no. 89- 106286
<br />Property Address: 2703 Wagon Rd, Grand Island, NE 68801 -7366
<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 />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 29th 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 />Notary Public
<br />0 DA A. $IVERSON
<br />Notaryry Public
<br />State of hbrth Dakota
<br />my Commission Expires March 18, 2005
<br />This instrument was drafted by: US Bank, Collateral Services, P.O. Box 2687, Fargo No 58102
<br />
|