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recording requested by: LSI
<br />Nhen recorded return to:
<br />'ustom Recording Solutions
<br />2550 N. Redhill Ave.
<br />Tanta Ana, CA. 92705 03736
<br />300 - 756 -3524 ext. 5011
<br />Wells Fargo Bank, N. A.
<br />Attn: Doc. Management MAC 86955 -011
<br />PO Box 31557
<br />Billings, MT 59107 -1557 _
<br />Loan No. 003 -003- 2913992 -0001 GB SU
<br />NOTICE: THIS SUBORDINATION AGREEMENT RESULTS IN YOUR SECURITY INTEREST IN THE
<br />PROPERTY BECOMING SUBJECT TO AND OF LOWER PRIORITY THAN THE LIEN OF SOME
<br />OTHER OR LATER SECURITY INSTRUMENT.
<br />This Subordination Agreement, made this March 2, 2004 by WELLS FARGO BANK, N.A. (hereinafter
<br />referred to as "Beneficiary"), present owner and holder of the Deed of Trust and note first hereafter
<br />described, in favor of WELLS FARGO HOME MORTGAGE, INC., it's successors and /or assigns
<br />(hereinafter referred to as "Lender ");
<br />WITNESSETH
<br />THAT WHEREAS, William C. Schlachter And Gloria K. Schlachter, Husband And Wife, As Joint
<br />Tenants With Right Of Survivorship And Not As Tenants In Common (hereinafter referred to as "Owner')
<br />did execute a Deed of Trust, dated November 22, 2002 to Wells Fargo Bank Nebraska, N. A., as Trustee,
<br />covering that certain real property described as follows:
<br />THE LEGAL DESCRIPTION IS ATTACHED HERETO AND MADE A PART HEREOF
<br />APN: 400155435
<br />To secure a note in the sum of $45,000.00, dated November 22, 2002, in favor of Wells Fargo Bank
<br />Nebraska, N. A., which Deed of Trust was recorded December 16, 2002, as INSTRUMENT NO.
<br />200213964, Official Records of Hall County. Through subsequent agreements with the Owner, either
<br />recorded or unrecorded, the current borrowing limit for said note has been amended to $45,000.00, and
<br />WHEREAS, Owner has executed, or is about to execute, a Deed of Trust or Mortgage (hereinafter
<br />re err d to as "Lender's Security Instrument ") and note not to exceed the sum of $31,932.00, dated
<br />in favor of Lender, payable with interest and upon the terms and conditions
<br />descri a her which L nder's Security Ins ument is to be re orded c ncur tly herewith; and
<br />(1 �` Z 003
<br />7 ZrorSdy� reced���obta�n said loadQh7t %i nder's Security Instrument
<br />WHERS It spa Y
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<br />last above mentioned shall unconditionally be and remain at all times a lien or charge upon the land
<br />hereinbefore described, prior and superior to the lien or charge of the Deed of Trust first mentioned,
<br />Owner has requested Beneficiary to subordinate Beneficiary's lien to the lien about to be taken by the
<br />Lender; and
<br />WHEREAS, Lender is willing to make said loan provided the Lender's Security Instrument securing
<br />the same is a lien or charge upon the above described property prior and superior to the lien or charge of
<br />the Deed of Trust first above mentioned and provided that Beneficiary will specifically and unconditionally
<br />subordinate the lien or charge of the Deed of Trust first above mentioned to the lien or charge of the
<br />Lender's Security Instrument in favor of the Lender; and
<br />Page 1 of 3
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<br />NNATION AGREEMENT
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<br />NOTICE: THIS SUBORDINATION AGREEMENT RESULTS IN YOUR SECURITY INTEREST IN THE
<br />PROPERTY BECOMING SUBJECT TO AND OF LOWER PRIORITY THAN THE LIEN OF SOME
<br />OTHER OR LATER SECURITY INSTRUMENT.
<br />This Subordination Agreement, made this March 2, 2004 by WELLS FARGO BANK, N.A. (hereinafter
<br />referred to as "Beneficiary"), present owner and holder of the Deed of Trust and note first hereafter
<br />described, in favor of WELLS FARGO HOME MORTGAGE, INC., it's successors and /or assigns
<br />(hereinafter referred to as "Lender ");
<br />WITNESSETH
<br />THAT WHEREAS, William C. Schlachter And Gloria K. Schlachter, Husband And Wife, As Joint
<br />Tenants With Right Of Survivorship And Not As Tenants In Common (hereinafter referred to as "Owner')
<br />did execute a Deed of Trust, dated November 22, 2002 to Wells Fargo Bank Nebraska, N. A., as Trustee,
<br />covering that certain real property described as follows:
<br />THE LEGAL DESCRIPTION IS ATTACHED HERETO AND MADE A PART HEREOF
<br />APN: 400155435
<br />To secure a note in the sum of $45,000.00, dated November 22, 2002, in favor of Wells Fargo Bank
<br />Nebraska, N. A., which Deed of Trust was recorded December 16, 2002, as INSTRUMENT NO.
<br />200213964, Official Records of Hall County. Through subsequent agreements with the Owner, either
<br />recorded or unrecorded, the current borrowing limit for said note has been amended to $45,000.00, and
<br />WHEREAS, Owner has executed, or is about to execute, a Deed of Trust or Mortgage (hereinafter
<br />re err d to as "Lender's Security Instrument ") and note not to exceed the sum of $31,932.00, dated
<br />in favor of Lender, payable with interest and upon the terms and conditions
<br />descri a her which L nder's Security Ins ument is to be re orded c ncur tly herewith; and
<br />(1 �` Z 003
<br />7 ZrorSdy� reced���obta�n said loadQh7t %i nder's Security Instrument
<br />WHERS It spa Y
<br />p 9
<br />last above mentioned shall unconditionally be and remain at all times a lien or charge upon the land
<br />hereinbefore described, prior and superior to the lien or charge of the Deed of Trust first mentioned,
<br />Owner has requested Beneficiary to subordinate Beneficiary's lien to the lien about to be taken by the
<br />Lender; and
<br />WHEREAS, Lender is willing to make said loan provided the Lender's Security Instrument securing
<br />the same is a lien or charge upon the above described property prior and superior to the lien or charge of
<br />the Deed of Trust first above mentioned and provided that Beneficiary will specifically and unconditionally
<br />subordinate the lien or charge of the Deed of Trust first above mentioned to the lien or charge of the
<br />Lender's Security Instrument in favor of the Lender; and
<br />Page 1 of 3
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