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� <br />v <br />;a <br />M <br />—� <br />C-? <br />O — <br />O <br />irl <br />C <br />C1YW"i <br />ri <br />C <br />z _q <br />fV <br />rl' <br />recording requested by: LSI <br />n <br />S C—D <br />c <br />o <br />� <br />When recorded return to: <br />> fl; <br />o <br />C:) <br />D <br />Custom Recording Solutions <br />Cn <br />'' , f <br />cr <br />'' z <br />2550 N. Redhill Ave. <br />M •d <br />-� <br />,. �, <br />�, <br />Santa Ana, CA. 92705 <br />800 - 756 -3524 ext. 501117020/-4 <br />s„ <br />x-,- <br />01) <br />�. <br />o <br />ry <br />n <br />N <br />00 <br />rD <br />W ells Fargo Bank, N. A. <br />N <br />Attn: Doc. Management MAC B6955 -011 <br />PO Box 31557 <br />z <br />Billings, MT 59107 -1557 <br />200410084 <br />0 <br />on 3 ` 72'780364 <br />Loan No. 003 -003- -000] BP SUBO <br />RDINATION AGREEMENT <br />ALBUQ <br />-.Z0.s <br />O <br />NOTICE: THIS SUBORDINATION AGREEMENT <br />RESULTS IN YOUR SECURITY INTEREST IN THE <br />PROPERTY BECOMING SUBJECT TO AND OF <br />LOWER PRIORITY THAN THE LIEN <br />OF SOME <br />OTHER OR LATER SECURITY INSTRUMENT. <br />This Subordination Agreement, made this March 6, 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, Harold O. Nielsen Dianna J. Nielsen, Husband And Wife, As Joint Tenants <br />(hereinafter referred to as "Owner ") did execute a Deed of Trust, dated June 13, 2002 to Wells Fargo <br />Bank Nebraska, N. A., as Trustee, covering that certain real property described as follows: <br />THE LEGAL DESCRIPTION IS ATTACHED HERETO AND MADE A PART HEREOF <br />APN: 400164310 <br />To secure a note in the sum of $35,000.00, dated June 13, 2002, in favor of Wells Fargo Bank Nebraska, <br />N. A., which Deed of Trust was recorded August 22, 2002, as INSTRUMENT NO. 0200208785, Official <br />Records of Hall County. Through subsequent agreements with the Owner, either recorded or <br />unrecorded, the current rowing limit r said note has been amended to $35,000.00, and <br />�V �Co5t &\ q� �a� \# tQ" c�a \k <br />WHEREAS, Owner has executed, or is about to execute, a Deed rust or Mortgage (hereinafter <br />re err d to as "Lender's Security Instrument") and note not to exceed the sum of $40,320.00, dated <br />in favor of Lender, payable with interest and upon the terms and conditions <br />described there< which Lender's Security Instrument is to be recorded_ concurrently herewith; and <br />WHEREAS, It is a dondition precedent to dbtainirig said loanthat saff l ender'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 />