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20041017% GENERAL GRANT STREETN CORPORATION <br />SUITE 400 <br />PITTSBURGH, PA 15219 <br />SUBORDINATION AGREEMENT <br />THIS SUBORDINATION AGREEMENT is made this_day of <br />2004, by and between Federal Home Loan Bank of Topeka, a corporation and Suntrust <br />Mortgage, Inc., a corporation. <br />Karen Cloud and Tim Cloud, wife and husband ( "borrower ") executed and delivered to <br />Federal Home Loan Bank of Topeka, a deed of trust in the sum of $4,000.00, dated <br />March 29, 2002 and recorded March 29, 2002, in instrument # 200203432, in the records <br />of Hall County, which deed of trust is a lien on the following described property: <br />Legal Description <br />THE FOLLOWING DESCRIBED REAL ESTATE: <br />2912 W 16TH ST GRAND ISLAND, NE 68803 <br />THE WESTERLY SEVENTY SEVEN (77) FEET OF LOT FIVE (5), EXCEPT THE <br />WESTERLY EIGHTEEN (18) FEET THEREOF, IN BLOCK SIX (6), <br />WESTERHOFF'S FIRST SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA, EXCEPT THE SOUTHERLY THIRTY (30) FEET <br />THEREOF, DEEDED TO THE CITY OF GRAND ISLAND, FOR STREET <br />PURPOSES. <br />TAX ID# 400113120 <br />WHEREAS, the borrower executed and delivered to Suntrust Mortgage, Inc., a deed of <br />trust in the sum of $79,300.00 which deed of trust is ecorded in book , page <br />of the records of Hall County, NE ,V4, o -t !U / 7 '% <br />WHEREAS, Federal Home Loan Bank of Topeka, has agreed to subordinate to Suntrust <br />Mortgage, Inc., on the following conditions: <br />1. Subordination of Lien: Federal Home Loan Bank of Topeka, hereby <br />subordinates its lien position in and on the property to Karen Cloud and Tim Cloud, wife <br />and husband mortgage and the lien itself thereof, as if Suntrust Mortgage, Inc.'s mortgage <br />had been recorded first in time to Federal Home Loan Bank of Topeka's mortgage and so <br />that all public records will reflect Suntrust Mortgage, Inc.'s mortgage to be superior in <br />lien to Federal Home Loan Bank of Topeka's mortgage. <br />