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200408233
<br />2. The superior debt is more fully described in the Note, and secured by the Security Instrument to be filed of
<br />record in the Real Property Records in the county and state referenced in paragraph numbered 1.
<br />The superior debt shall include any amounts disbursed by Lender under the provisions of the Security
<br />Instrument for ad valorem taxes and hazard insurance.
<br />3. The subordinated debt is more fully described in a note in the original principal sum of
<br />Ten thousand and no /100ths Dollars
<br />($10, 000. 00), executed by Scott A. Montgomery and Lisa K. Montgomery, Husband
<br />and Wife
<br />made payable to State Farm Bank, F.S.B.
<br />and secured bya Deed of Trust dated 10/29/03
<br />and filed for record in Instrument No. 200314952
<br />of the Real Property Records of said county and state.
<br />4. Subordinating Lienholder, who is now the holder of the subordinated debt, for the consideration recited above,
<br />agrees that the subordinated debt is, by this Agreement, made subordinate, subject, and inferior to the superior
<br />debt held by Lender. Subordinating Lienholder agrees that the new Security Instrument shall have the same
<br />validity, priority, and effect as if executed, delivered and recorded prior to the date of the subordinate lien.
<br />Nothing in this instrument shall in any way modify the terms and conditions of the subordinate lien, or in any
<br />way release or affect the validity or priority of the subordinate lien, except as provided herein.
<br />5. This Agreement shall be governed by the laws of the State of Nebras ka.
<br />6. This Agreement is binding upon and shall inure to the benefit of the heirs, executors, administrators,
<br />successors and assigns of each of the parties hereto.
<br />Executed this 97 day of M&,( , Z c 0
<br />SUBORDINATING LIENHOLDER:
<br />State Farm Bank, F.S.B.
<br />By: `W-
<br />Mi Ke c 1i-1terse((��
<br />Its: Cy vt lib d-r
<br />RETURN TO:
<br />Principal Residential Mortgage, Inc. c/o
<br />Affiliated Computer Svcs
<br />4153 120th Street
<br />Urbandale, IA 50323 -2314
<br />(Acknowledgment(s) Attached]
<br />Loan No.: 2358606
<br />Subordination Agreement (Multistate)
<br />—THE COMPLIANCE SOURCE, INC.— Page 2 of 2 03504MU 08/99 Rev. 10 /01
<br />- compliancesource. coin 02001, The Compliance Source, Inc.
<br />S
<br />i
<br />200408233
<br />2. The superior debt is more fully described in the Note, and secured by the Security Instrument to be filed of
<br />record in the Real Property Records in the county and state referenced in paragraph numbered 1.
<br />The superior debt shall include any amounts disbursed by Lender under the provisions of the Security
<br />Instrument for ad valorem taxes and hazard insurance.
<br />3. The subordinated debt is more fully described in a note in the original principal sum of
<br />Ten thousand and no /100ths Dollars
<br />($10, 000. 00), executed by Scott A. Montgomery and Lisa K. Montgomery, Husband
<br />and Wife
<br />made payable to State Farm Bank, F.S.B.
<br />and secured bya Deed of Trust dated 10/29/03
<br />and filed for record in Instrument No. 200314952
<br />of the Real Property Records of said county and state.
<br />4. Subordinating Lienholder, who is now the holder of the subordinated debt, for the consideration recited above,
<br />agrees that the subordinated debt is, by this Agreement, made subordinate, subject, and inferior to the superior
<br />debt held by Lender. Subordinating Lienholder agrees that the new Security Instrument shall have the same
<br />validity, priority, and effect as if executed, delivered and recorded prior to the date of the subordinate lien.
<br />Nothing in this instrument shall in any way modify the terms and conditions of the subordinate lien, or in any
<br />way release or affect the validity or priority of the subordinate lien, except as provided herein.
<br />5. This Agreement shall be governed by the laws of the State of Nebras ka.
<br />6. This Agreement is binding upon and shall inure to the benefit of the heirs, executors, administrators,
<br />successors and assigns of each of the parties hereto.
<br />Executed this 97 day of M&,( , Z c 0
<br />SUBORDINATING LIENHOLDER:
<br />State Farm Bank, F.S.B.
<br />By: `W-
<br />Mi Ke c 1i-1terse((��
<br />Its: Cy vt lib d-r
<br />RETURN TO:
<br />Principal Residential Mortgage, Inc. c/o
<br />Affiliated Computer Svcs
<br />4153 120th Street
<br />Urbandale, IA 50323 -2314
<br />(Acknowledgment(s) Attached]
<br />Loan No.: 2358606
<br />Subordination Agreement (Multistate)
<br />—THE COMPLIANCE SOURCE, INC.— Page 2 of 2 03504MU 08/99 Rev. 10 /01
<br />- compliancesource. coin 02001, The Compliance Source, Inc.
<br />S
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