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<br />This Agreement is made this 26th day of September, 2003, by and between U.S. Bank National
<br />Association ND ( "Bank ") and Principal Residential Mortgage, Inc. ( "Refinancer").
<br />Bank is the beneficiary under a deed of trust (the " Junior Deed of Trust ") dated October 3, 2000,
<br />granted by Roy C. Wooden and Julie Wooden aka Julie A Wooden, husband and wife ( "Borrower"), and
<br />recorded in the office of the Register of Deeds, Hall County, Nebraska, on November 13, 2000, as
<br />0200009884, encumbering the real property described therein (collectively, the "Property"). Refinancer is
<br />the beneficiary under a deed of trust (the "Senior Deed of Trust ") dated
<br />lo-S 20Q--�) , granted by the Borrower, and recorded in the same
<br />office on 1©- 1 1, 1 20_!�a_, as
<br />2-00 3 13 "V (P , 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 .$86,500.00, 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: Lot four (4), in block one (1), in second addition to Holcomb's Highway Homes
<br />Subdivision in the city of Grand Island, Hall county, Nebraska.
<br />Property Address: 2111 Bantam, Grand Island, NE 68801 -7602
<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: Kathleen M. Lokken RETURN TO (NLS):
<br />Title: Operations Officer NAWNS iiRE A%= No
<br />5310 W. 95TH S1 RETURN 141N�5 }.
<br />:a. SIWMEF. KS 6629 NA TITLE AGENCY INC.
<br />S T A T E OF -North Dakota
<br />COUNTY OF Cass
<br />S14Tn1 w. sSTH
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<br />The foregoing instrument was acknowledged before me this 26th day of September, 2003, by (name)
<br />Kathleen M. Lokken, the (title) Operations Officer of (bank name) U.S. Bank National Association ND a
<br />national banking association, on behalf of the association.
<br />Notary Public
<br />E:2SE:2
<br />This instrument was drafted by: US Bank, Collateral Services, P.O. Box 2687, Fargo ND 58102
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<br />Deed Of Trust Subordination Agreement
<br />a
<br />Account No. 81101435001
<br />0750L S
<br />0750L 31
<br />Drafted by: th
<br />This Agreement is made this 26th day of September, 2003, by and between U.S. Bank National
<br />Association ND ( "Bank ") and Principal Residential Mortgage, Inc. ( "Refinancer").
<br />Bank is the beneficiary under a deed of trust (the " Junior Deed of Trust ") dated October 3, 2000,
<br />granted by Roy C. Wooden and Julie Wooden aka Julie A Wooden, husband and wife ( "Borrower"), and
<br />recorded in the office of the Register of Deeds, Hall County, Nebraska, on November 13, 2000, as
<br />0200009884, encumbering the real property described therein (collectively, the "Property"). Refinancer is
<br />the beneficiary under a deed of trust (the "Senior Deed of Trust ") dated
<br />lo-S 20Q--�) , granted by the Borrower, and recorded in the same
<br />office on 1©- 1 1, 1 20_!�a_, as
<br />2-00 3 13 "V (P , 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 .$86,500.00, 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: Lot four (4), in block one (1), in second addition to Holcomb's Highway Homes
<br />Subdivision in the city of Grand Island, Hall county, Nebraska.
<br />Property Address: 2111 Bantam, Grand Island, NE 68801 -7602
<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: Kathleen M. Lokken RETURN TO (NLS):
<br />Title: Operations Officer NAWNS iiRE A%= No
<br />5310 W. 95TH S1 RETURN 141N�5 }.
<br />:a. SIWMEF. KS 6629 NA TITLE AGENCY INC.
<br />S T A T E OF -North Dakota
<br />COUNTY OF Cass
<br />S14Tn1 w. sSTH
<br />Mrw»�+.►r w . �...�LV�
<br />The foregoing instrument was acknowledged before me this 26th day of September, 2003, by (name)
<br />Kathleen M. Lokken, the (title) Operations Officer of (bank name) U.S. Bank National Association ND a
<br />national banking association, on behalf of the association.
<br />Notary Public
<br />E:2SE:2
<br />This instrument was drafted by: US Bank, Collateral Services, P.O. Box 2687, Fargo ND 58102
<br />
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