-.—.m iw
<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, David W. Swift And Catherine J. Swift, Husband And Wife, As Joint Tenants And
<br />Not As Tenants In Common (hereinafter referred to as "Owner") did execute a Deed of Trust, dated
<br />December 19, 2002 to Wells Fargo Bank Nebraska, N. A., as Trustee, covering that certain real property
<br />described as follows:
<br />THE LEGAL DESCRIPTION IS ATTACHED HERETO AND MADE A PART HEREOF
<br />APN: 400 - 330 -326
<br />To secure a note in the sum of $48,295.00, dated December 19, 2002, in favor of Wells Fargo Bank
<br />Nebraska, N. A., which Deed of Trust was recorded March 7, 2003, as INSTRUMENT NO. 0200302717,
<br />Official Records of Hall County, and
<br />WHEREAS, Owner has executed, or is about to execute, a Deed of Trust or Mortgage (hereinafter
<br />ref rred to as "Lender's Security Instrument ") and note not to exceed the sum of $166,316.00, dated
<br />in favor of Lender, payable with interest and upon the terms and conditions
<br />escr' ed
<br />t erein�� ich Leder's Security Instrument is to be recorded concurrently herewith; and
<br />dnW EREA, t Is a c% iion preceesobtaining
<br />said loan t/ZtQsaPdender's Security Instrument
<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
<br />m
<br />:3
<br />7o
<br />n t'1
<br />o _a
<br />p
<br />, 7
<br />tecording requested by: LSI C
<br />n
<br />Nhen recorded return to:
<br />�`
<br />O
<br />.ustom Recording Solutions = n C,�
<br />T
<br />ry
<br />T,
<br />s
<br />2550 N. Redhill Ave. M N
<br />Santa Ana, CA. 92705
<br />°
<br />-` ' '
<br />�` :�
<br />300 - 756 -3524 ext. 5011 X67 ©C�
<br />C/)
<br />U v
<br />'— n
<br />co
<br />(�
<br />�,
<br />O
<br />w
<br />Wells Fargo Bank, N. A.
<br />Attn: Doc. Management MAC 86955 -011
<br />cn
<br />Z
<br />N z
<br />PO Box 31557
<br />C/)
<br />Billings, MT 59107 -1557
<br />00409372
<br />L
<br />Loan No. 003 -003- 2931990 -0001 GB SUBO DINATION AGREEMENT
<br />ALBUQ
<br />S
<br />°C
<br />O-SD
<br />NOTICE: THIS SUBORDINATION AGREEMENT RESULTS IN YOUR SECURITY INTEREST IN THE
<br />PROPERTY BECOMING SUBJECT TO AND OF
<br />LOWER PRIORITY THAN THE
<br />LIEN
<br />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, David W. Swift And Catherine J. Swift, Husband And Wife, As Joint Tenants And
<br />Not As Tenants In Common (hereinafter referred to as "Owner") did execute a Deed of Trust, dated
<br />December 19, 2002 to Wells Fargo Bank Nebraska, N. A., as Trustee, covering that certain real property
<br />described as follows:
<br />THE LEGAL DESCRIPTION IS ATTACHED HERETO AND MADE A PART HEREOF
<br />APN: 400 - 330 -326
<br />To secure a note in the sum of $48,295.00, dated December 19, 2002, in favor of Wells Fargo Bank
<br />Nebraska, N. A., which Deed of Trust was recorded March 7, 2003, as INSTRUMENT NO. 0200302717,
<br />Official Records of Hall County, and
<br />WHEREAS, Owner has executed, or is about to execute, a Deed of Trust or Mortgage (hereinafter
<br />ref rred to as "Lender's Security Instrument ") and note not to exceed the sum of $166,316.00, dated
<br />in favor of Lender, payable with interest and upon the terms and conditions
<br />escr' ed
<br />t erein�� ich Leder's Security Instrument is to be recorded concurrently herewith; and
<br />dnW EREA, t Is a c% iion preceesobtaining
<br />said loan t/ZtQsaPdender's Security Instrument
<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
<br />
|