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200301544 Space above line for recording purposes. 300320227880001 SUBORDINATION AGREEMENT NOTICE: This subordination agreement results in your security interest In the property becoming subject in and of lower priority than the Iten of some other or later security instrument \ This Agreement is made this 30th day of January 2003, by and between Wells Fargo Bank Nebraska, N.A. national bank with its headquarters located at 1919 Douglas Street, Omaha, NE herein called "Lien Holder "), and Wells Fargo IIome Mortgage, Inc., with its main office located in the State of Iowa (herein called the "Lender "). RECITALS Lien Holder is the beneficiary/mortgagee under a deed of trust/mortgage dated February 22, 1999 executed by Todd W. Speece and Anita R Speece, Husband and Wife (the "Debtor ") which was recorded in the county of Hall, State of Nebraska a; Document No. 99- 102529; (the "Subordinated Instrument ") covering real property located in Grand Island in the above -named county of Hall, State of Nebraska, as more particularly described in the Subordinated Instrument (the "Property "). LOT 38, INDIANHEAD SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. Lender will make a loan to the Debtor secured by a deed of trust/morlgage on the Property which will be recorded (the "Lender Instrument"). The Lender Instrument will secure a promissory note /line of credit agreement in the amount of $124,000.00 Lien Holder has agreed to execute and deliver this Subordination Agreement. 9/27/01 n T In F z In rri f9 f) m w U O T O to N y O 0 200301544 Space above line for recording purposes. 300320227880001 SUBORDINATION AGREEMENT NOTICE: This subordination agreement results in your security interest In the property becoming subject in and of lower priority than the Iten of some other or later security instrument \ This Agreement is made this 30th day of January 2003, by and between Wells Fargo Bank Nebraska, N.A. national bank with its headquarters located at 1919 Douglas Street, Omaha, NE herein called "Lien Holder "), and Wells Fargo IIome Mortgage, Inc., with its main office located in the State of Iowa (herein called the "Lender "). RECITALS Lien Holder is the beneficiary/mortgagee under a deed of trust/mortgage dated February 22, 1999 executed by Todd W. Speece and Anita R Speece, Husband and Wife (the "Debtor ") which was recorded in the county of Hall, State of Nebraska a; Document No. 99- 102529; (the "Subordinated Instrument ") covering real property located in Grand Island in the above -named county of Hall, State of Nebraska, as more particularly described in the Subordinated Instrument (the "Property "). LOT 38, INDIANHEAD SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. Lender will make a loan to the Debtor secured by a deed of trust/morlgage on the Property which will be recorded (the "Lender Instrument"). The Lender Instrument will secure a promissory note /line of credit agreement in the amount of $124,000.00 Lien Holder has agreed to execute and deliver this Subordination Agreement. 9/27/01