ip
<br />WHEN RECORDED MAIL TO
<br />Wells Fargo Bank, N. A.
<br />Attn: Subordination Department
<br />MAC: P6051 -013
<br />18700 NW Walker Rd #92
<br />Beaverton, OR 97006 -2950
<br />Loan No. 003- 003 - 2452928 -0001 EL SUBORDINATION AGREEMENT ALBUQ
<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 July 10, 2003 by WELLS FARGO BANK NEBRASKA, N.A.
<br />(hereinafter referred to as "Beneficiary"), present owner and holder of the Deed of Trust and note first
<br />hereafter described, in favor of MAJOR MORTGAGE, it's successors and /or assigns (hereinafter referred
<br />to as "Lender ");
<br />WITNESSETH
<br />THAT WHEREAS, Matthew W Harris And Stacy F Harris, Husband And Wife, As Joint Tenants With
<br />Right Of Survivorship And Not As Tenants In Common (hereinafter referred to as "Owner") did execute a
<br />Deed of Trust, dated April 10, 2001 to Wells Fargo Bank Nebraska, N.a., as Trustee, covering that certain
<br />real property described as follows:
<br />THE LEGAL DESCRIPTION IS ATTACHED HERETO AND MADE A PART HER OF
<br />APN:400631787 Lod tN Gjocjv 5 C(cl;.xsoen & "r4-r7 V;et4 A4 0''m,
<br />To secure a note in the sum of $21,000.00, dated April 10, 2001, in favor of Wells Fargo Bank Nebraska,
<br />N. A., which Deed of Trust was recorded April 30, 2001, as 0200103739, Official Records of Hall county,
<br />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 $71,000.00, dated
<br />-69 1 , 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 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 of 3
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<br />200300401
<br />Loan No. 003- 003 - 2452928 -0001 EL SUBORDINATION AGREEMENT ALBUQ
<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 July 10, 2003 by WELLS FARGO BANK NEBRASKA, N.A.
<br />(hereinafter referred to as "Beneficiary"), present owner and holder of the Deed of Trust and note first
<br />hereafter described, in favor of MAJOR MORTGAGE, it's successors and /or assigns (hereinafter referred
<br />to as "Lender ");
<br />WITNESSETH
<br />THAT WHEREAS, Matthew W Harris And Stacy F Harris, Husband And Wife, As Joint Tenants With
<br />Right Of Survivorship And Not As Tenants In Common (hereinafter referred to as "Owner") did execute a
<br />Deed of Trust, dated April 10, 2001 to Wells Fargo Bank Nebraska, N.a., as Trustee, covering that certain
<br />real property described as follows:
<br />THE LEGAL DESCRIPTION IS ATTACHED HERETO AND MADE A PART HER OF
<br />APN:400631787 Lod tN Gjocjv 5 C(cl;.xsoen & "r4-r7 V;et4 A4 0''m,
<br />To secure a note in the sum of $21,000.00, dated April 10, 2001, in favor of Wells Fargo Bank Nebraska,
<br />N. A., which Deed of Trust was recorded April 30, 2001, as 0200103739, Official Records of Hall county,
<br />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 $71,000.00, dated
<br />-69 1 , 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 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 of 3
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