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N <br />4 C, <br />LN <br />J <br />200408233 <br />j SUBORDINATION AGREEMENT <br />Loan No. 2358606% �{do'io� --W <br />Words used in this Agreement are defined below. Words in the singular mean and include the plural and vi�{cce versa. <br />"Borrower" is Scott A. Montgomery and Lisa K. Montgomery <br />"Lender" is Principal Residential Mortgage, Inc. and its successors or assigns. <br />"Loan" means the debt evidenced by the Note and all sums due under the Security Instrument. <br />rr1 <br />O <br />N � , <br />O CZ <br />O <br />�L r <br />O to <br />co C <br />N (D <br />C-) �- <br />Wz <br />O <br />,Zv ...5v <br />"Note" means the promissory note in the original principal amount of $61,700.00, signed by <br />Borrower in favor of Lender. &CO,rcw (p P_q I a -i # ,�00 4,* -P $ y <br />"Property" means the property commonly known as 2607 Waugh Street, Grand Island, NE 68803 <br />"Security Instrument" means the Deed of Trust/Mortgage /Security Deed/Security Instrument signed by Borrower in <br />favor of Lender, securing payment of the Note. <br />"Subordinating Lienholder" is State Farm Bank, F. S.B. <br />This Agreement is made and entered into this 25th day of May 2004, by Subordinating Lienholder. <br />WITNESSETH: <br />WHEREAS, Lender as a condition precedent to the origination of the Loan to Borrower requires the <br />subordination of the lien held by Subordinating Lienholder; <br />WHEREAS, Subordinating Lienholder agrees to subordinate its debt and lien on the Property; <br />NOW THEREFORE, in consideration of the Loan and other good and valuable consideration, the receipt and <br />sufficiency of which are hereby expressly acknowledged, Subordinating Lienholder agrees to the following: <br />1. The Property subject to this Agreement is described as follows: <br />SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF. <br />Subordination Agreement (Multistate) <br />THE COMPLIANCE SOURCE, INC.— Page 1 of 2 <br />��ww compllancesxircc com <br />03504NIV 08/99 Rev. 10 /111 <br />V2001. The Compliance Source Inc <br />=a <br />CA <br />c:: <br />s <br />n <br />n v <br />tM <br />� S <br />Co <br />-1 <br />V 1 <br />=D <br />200408233 <br />j SUBORDINATION AGREEMENT <br />Loan No. 2358606% �{do'io� --W <br />Words used in this Agreement are defined below. Words in the singular mean and include the plural and vi�{cce versa. <br />"Borrower" is Scott A. Montgomery and Lisa K. Montgomery <br />"Lender" is Principal Residential Mortgage, Inc. and its successors or assigns. <br />"Loan" means the debt evidenced by the Note and all sums due under the Security Instrument. <br />rr1 <br />O <br />N � , <br />O CZ <br />O <br />�L r <br />O to <br />co C <br />N (D <br />C-) �- <br />Wz <br />O <br />,Zv ...5v <br />"Note" means the promissory note in the original principal amount of $61,700.00, signed by <br />Borrower in favor of Lender. &CO,rcw (p P_q I a -i # ,�00 4,* -P $ y <br />"Property" means the property commonly known as 2607 Waugh Street, Grand Island, NE 68803 <br />"Security Instrument" means the Deed of Trust/Mortgage /Security Deed/Security Instrument signed by Borrower in <br />favor of Lender, securing payment of the Note. <br />"Subordinating Lienholder" is State Farm Bank, F. S.B. <br />This Agreement is made and entered into this 25th day of May 2004, by Subordinating Lienholder. <br />WITNESSETH: <br />WHEREAS, Lender as a condition precedent to the origination of the Loan to Borrower requires the <br />subordination of the lien held by Subordinating Lienholder; <br />WHEREAS, Subordinating Lienholder agrees to subordinate its debt and lien on the Property; <br />NOW THEREFORE, in consideration of the Loan and other good and valuable consideration, the receipt and <br />sufficiency of which are hereby expressly acknowledged, Subordinating Lienholder agrees to the following: <br />1. The Property subject to this Agreement is described as follows: <br />SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF. <br />Subordination Agreement (Multistate) <br />THE COMPLIANCE SOURCE, INC.— Page 1 of 2 <br />��ww compllancesxircc com <br />03504NIV 08/99 Rev. 10 /111 <br />V2001. The Compliance Source Inc <br />s <br />D <br />Co <br />-1 <br />=D <br />rn <br />r— <br />o <br />r— n <br />U' <br />Y, <br />cn <br />p <br />CD <br />7C <br />200408233 <br />j SUBORDINATION AGREEMENT <br />Loan No. 2358606% �{do'io� --W <br />Words used in this Agreement are defined below. Words in the singular mean and include the plural and vi�{cce versa. <br />"Borrower" is Scott A. Montgomery and Lisa K. Montgomery <br />"Lender" is Principal Residential Mortgage, Inc. and its successors or assigns. <br />"Loan" means the debt evidenced by the Note and all sums due under the Security Instrument. <br />rr1 <br />O <br />N � , <br />O CZ <br />O <br />�L r <br />O to <br />co C <br />N (D <br />C-) �- <br />Wz <br />O <br />,Zv ...5v <br />"Note" means the promissory note in the original principal amount of $61,700.00, signed by <br />Borrower in favor of Lender. &CO,rcw (p P_q I a -i # ,�00 4,* -P $ y <br />"Property" means the property commonly known as 2607 Waugh Street, Grand Island, NE 68803 <br />"Security Instrument" means the Deed of Trust/Mortgage /Security Deed/Security Instrument signed by Borrower in <br />favor of Lender, securing payment of the Note. <br />"Subordinating Lienholder" is State Farm Bank, F. S.B. <br />This Agreement is made and entered into this 25th day of May 2004, by Subordinating Lienholder. <br />WITNESSETH: <br />WHEREAS, Lender as a condition precedent to the origination of the Loan to Borrower requires the <br />subordination of the lien held by Subordinating Lienholder; <br />WHEREAS, Subordinating Lienholder agrees to subordinate its debt and lien on the Property; <br />NOW THEREFORE, in consideration of the Loan and other good and valuable consideration, the receipt and <br />sufficiency of which are hereby expressly acknowledged, Subordinating Lienholder agrees to the following: <br />1. The Property subject to this Agreement is described as follows: <br />SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF. <br />Subordination Agreement (Multistate) <br />THE COMPLIANCE SOURCE, INC.— Page 1 of 2 <br />��ww compllancesxircc com <br />03504NIV 08/99 Rev. 10 /111 <br />V2001. The Compliance Source Inc <br />