|
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 March 18, 2003 by WELLS FARGO BANK NEBRASKA,
<br />N.A. (hereinafter referred to as "Beneficiary'), present owner and holder of the Deed of Trust and note
<br />first hereafter described, in favor of MORTGAGE INVESTORS CORPORATION, it's successors and /or
<br />assigns (hereinafter referred to as "Lender ");
<br />WITNESSETH
<br />THAT WHEREAS, Robert M. Abbott And Deanna L. Abbott, Husband And Wife (hereinafter referred
<br />to as "Owner') did execute a Deed of Trust, dated July 19, 2002 to Wells Fargo Bank Nebraska, as
<br />Trustee, covering that certain real property described as follows:
<br />THE LEGAL DESCRIPTION IS ATTACHED HERETO AND MADE A PART HEREOF
<br />APN: 400129558
<br />To secure a note in the sum of $14,833.60, dated July 19, 2002, in favor of Wells Fargo Bank Nebraska,
<br />which Deed of Trust was recorded September 18, 2002, as INSTRUMENT NO 200209882, Official
<br />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 $58,787.00, dated
<br />LA I-s I � ocZ , in favor of Lender, payable with interest and upon the terms and conditions
<br />described 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 Lenders 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 />Pape 1 of 3
<br />Y
<br />o_
<br />S
<br />0
<br />`y=
<br />0
<br />iER
<br />t=it N
<br />After Recording, Return Tan
<br />a
<br />_
<br />_
<br />-
<br />z
<br />< c
<br />o -.
<br />Montgomery Home Title. Inc. m
<br />n
<br />N
<br />-
<br />o
<br />�
<br />n
<br />r'o�
<br />9701 Wert 1981ne H Road, Sle.2
<br />rDt
<br />W"
<br />;;
<br />o
<br />x Rosemont, Illinois 60018
<br />n '
<br />3
<br />z
<br />847- 698.898.3900
<br />OEM
<br />O
<br />�01)
<br />Wells Fargo Bank, N. A.
<br />Alin: Subordination Department
<br />Z
<br />MAC: P6051 -013
<br />O
<br />18700 NW Walker Rd #92
<br />Beaverton, OR 97006 -2950
<br />Loan Na 003- 001 - 28133860001 1:L SUBORDINATION AGREEMENT
<br />ALal1Q
<br />�
<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 March 18, 2003 by WELLS FARGO BANK NEBRASKA,
<br />N.A. (hereinafter referred to as "Beneficiary'), present owner and holder of the Deed of Trust and note
<br />first hereafter described, in favor of MORTGAGE INVESTORS CORPORATION, it's successors and /or
<br />assigns (hereinafter referred to as "Lender ");
<br />WITNESSETH
<br />THAT WHEREAS, Robert M. Abbott And Deanna L. Abbott, Husband And Wife (hereinafter referred
<br />to as "Owner') did execute a Deed of Trust, dated July 19, 2002 to Wells Fargo Bank Nebraska, as
<br />Trustee, covering that certain real property described as follows:
<br />THE LEGAL DESCRIPTION IS ATTACHED HERETO AND MADE A PART HEREOF
<br />APN: 400129558
<br />To secure a note in the sum of $14,833.60, dated July 19, 2002, in favor of Wells Fargo Bank Nebraska,
<br />which Deed of Trust was recorded September 18, 2002, as INSTRUMENT NO 200209882, Official
<br />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 $58,787.00, dated
<br />LA I-s I � ocZ , in favor of Lender, payable with interest and upon the terms and conditions
<br />described 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 Lenders 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 />Pape 1 of 3
<br />Y
<br />o_
<br />S
<br />0
<br />
|