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Loan No. 65M50448300-0001 HS SUBORDINATION AGREEMENT nLauo
<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 May 16, 2003 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, Gary L. Andersen And Wanda L. Andersen, Husband And Wife As Joint Tenants
<br />(hereinafter referred to as "Owner') did execute a Deed of Trust, dated September 18, 2002 to Wells
<br />Fargo Financial National Bank, as Trustee, covering that certain real properly described as follows:
<br />LOT 2, DbRQIS' LFT:E ESTATES FOURTY. SMDIVISI0N, :A11 COUNTY, NEBRASILA.
<br />To secure a note in the sum of $10,000.00, dated September 18, 2002, in favor of Wells Fargo Financial
<br />National Bank, which Deed of Trust was recorded October 8, 2002, as DOCUMENT NO.: 200210779,
<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 />referred to as "Lender's Security Instrument ") and note not to exceed the sum of $101,700.00, dated
<br />lo-Y 16, —Q 8T 3 , in favor of Lender, payable with interest and upon the terms and conditions
<br />d se cribed therein, which Lender's Security Instrument is to be recorded concurrently herewith; and
<br />WHEREAS, It is a condition precedent to obtaining said loan that said Lender'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 &3
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<br />WHEN RECORDED MAIL TO
<br />Attn: Subordination Department
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<br />MAC: P6051 -013
<br />18700 NW Walker Rd 1192
<br />Beaverton, OR 97006 -2950
<br />Loan No. 65M50448300-0001 HS SUBORDINATION AGREEMENT nLauo
<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 May 16, 2003 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, Gary L. Andersen And Wanda L. Andersen, Husband And Wife As Joint Tenants
<br />(hereinafter referred to as "Owner') did execute a Deed of Trust, dated September 18, 2002 to Wells
<br />Fargo Financial National Bank, as Trustee, covering that certain real properly described as follows:
<br />LOT 2, DbRQIS' LFT:E ESTATES FOURTY. SMDIVISI0N, :A11 COUNTY, NEBRASILA.
<br />To secure a note in the sum of $10,000.00, dated September 18, 2002, in favor of Wells Fargo Financial
<br />National Bank, which Deed of Trust was recorded October 8, 2002, as DOCUMENT NO.: 200210779,
<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 />referred to as "Lender's Security Instrument ") and note not to exceed the sum of $101,700.00, dated
<br />lo-Y 16, —Q 8T 3 , in favor of Lender, payable with interest and upon the terms and conditions
<br />d se cribed therein, which Lender's Security Instrument is to be recorded concurrently herewith; and
<br />WHEREAS, It is a condition precedent to obtaining said loan that said Lender'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 &3
<br />20030667
<br />Loan No. 65M50448300-0001 HS SUBORDINATION AGREEMENT nLauo
<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 May 16, 2003 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, Gary L. Andersen And Wanda L. Andersen, Husband And Wife As Joint Tenants
<br />(hereinafter referred to as "Owner') did execute a Deed of Trust, dated September 18, 2002 to Wells
<br />Fargo Financial National Bank, as Trustee, covering that certain real properly described as follows:
<br />LOT 2, DbRQIS' LFT:E ESTATES FOURTY. SMDIVISI0N, :A11 COUNTY, NEBRASILA.
<br />To secure a note in the sum of $10,000.00, dated September 18, 2002, in favor of Wells Fargo Financial
<br />National Bank, which Deed of Trust was recorded October 8, 2002, as DOCUMENT NO.: 200210779,
<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 />referred to as "Lender's Security Instrument ") and note not to exceed the sum of $101,700.00, dated
<br />lo-Y 16, —Q 8T 3 , in favor of Lender, payable with interest and upon the terms and conditions
<br />d se cribed therein, which Lender's Security Instrument is to be recorded concurrently herewith; and
<br />WHEREAS, It is a condition precedent to obtaining said loan that said Lender'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 &3
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