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r1a <br />. '71 <br />� C <br />H n N t' <br />x � <br />y <br />r <br />E 3 <br />Deed Of Trust Subordination Agreement <br />Account No. 3000047594 <br />Drafted by: sb <br />= D <br />n = <br />T <br />c <br />M <br />rn <br />c�a <br />c= <br />N <br />U) <br />t-� <br />�C <br />—J <br />200308083 <br />C) c, <br />C) —{ <br />C-- n <br />z M <br />o �+ <br />rr <br />r- <br />r n <br />n <br />Gn <br />U) <br />This Agreement is made this 23rd day of June, 2003, by and between U.S. Bank National Association <br />ND ( "Bank ") and Wells Fargo Home Mortgage Inc. ( "Refinancer "). <br />Bank is the beneficiary under a deed of trust (the " Junior Deed of Trust ") dated April 13, 2002, <br />granted by Charles R. Olson, Carol L. Olson, husband and wife ( "Borrower "), and recorded in the office of <br />the Register of Deeds, Hall County, Nebraska, on June 2, 2002, as 0200205993, encumbering the real <br />property described therein (collectively, the "Property "). Refinancer is the beneficiary under a deed of trust <br />(the "Senior Deed of Trust ") dated , OLfrin-e--r 19 200, granted by the <br />Borrower, and recorded in the same office on NaverKb`r- `i 200.7— , as <br />ZL-XD2 12- i 03 , encumbering the property. To induce Refinancer to make a <br />loan to the Borrower secured by the Senior Deed of Trust, Bank has agreed to execute and deliver this <br />Subordination Agreement. <br />ACCORDINGLY, in consideration of the premises and for other good and valuable consideration, the receipt <br />and sufficiency of which are hereby acknowledged, Bank hereby agrees with Refinancer that the lien of the <br />Junior Deed of Trust on the Property is and shall be and shall remain fully subordinate for all purposes to the <br />lien of the Senior Deed of Trust on the Property, to the full extent of all sums from time to time secured by <br />the Senior Deed of Trust; provided, however, that the total indebtedness secured by the Senior Deed of Trust <br />does not exceed $96,800.00, exclusive of interest thereon, amounts advanced to protect the lien and priority <br />of the Senior Deed of Trust, and costs of collection, and provided further, that this agreement shall not be <br />effective until each other mortgage or other lien recorded against the property (other than the Senior <br />Mortgage) and each judgment that is a lien against the Property shall be subordinated of record of the lien of <br />the Senior Mortgage. <br />Legal Description: Lot 16, Bishop Heights Subdivision, Hall County, Nebraska <br />Property Address: 4343 Sherwood Rd, Grand Island, NE 688032206 <br />IN WITNESS THEREOF, this Subordination Agreement is executed on the day and year first above stated. <br />Bank Name U.S. Bank National Association ND <br />�v No Corporate Seal <br />By: Sherri J. Bernard <br />Title: Operations Officer <br />STATE OF North Dakota ) <br />COUNTY OF Cass ) <br />CD m <br />rV :3, <br />CD <br />CD Q <br />D <br />o <br />a <br />(n <br />o2 <br />00 <br />COCID <br />r-+. <br />z <br />0 <br />The foregoing instrument was acknowledged before me this 23rd day of June, 2003, by (name) <br />Sherri J. Bernard, the (title) Operations Officer of (bank name) U.S. Bank National Association ND a national <br />banking association, on behalf of the association. <br />KAREN M.KESSLER <br />Notary Public otary blic <br />State of Korth Dakota <br />Commission res April 12 2005 <br />This instrument was drafted by: Lien Perfection, P.O. Box 2687, Fargo ND 68102 <br />