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<br />WHEN RECORDED MAIL TO
<br />Wells Fargo Bank, N. A.
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<br />Attn: Subordination Department
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<br />MAC: P6051 -013
<br />18700 NW Walker Rd ri 2
<br />Beaverton. OR 970062950
<br />r000 1o. n., nn, xxaraaa wm ar SUBORDINATION AGREEMENT 2002 10641uo
<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 September 27, 2002 by WELLS FARGO BANK
<br />NEBRASKA, N.A. (hereinafter referred to as "Beneficiary"), present owner and holder of the Deed of Trust
<br />and note first hereafter described, in favor of WELLS FARGO HOME MORTGAGE, INC., it's successors
<br />and /or assigns (hereinafter referred to as "Lender ");
<br />WITNESSETH
<br />THAT WHEREAS, Radford L. Hansen And Joann Hansen, Husband And Wife, As Joint Tenants
<br />(hereinafter referred to as "Owner') did execute a Deed of Trust, dated August 28, 2002 to Wells Fargo
<br />Bank Nebraska, National Association, as Trustee, covering that certain real property described as follows:
<br />THE LEGAL DESCRIPTION IS ATTACHED HERETO AND MADE A PART HEREOF
<br />APN: 400375117
<br />To secure a note in the sum of $30,000.00, dated August 28, 2002, in favor of Wells Fargo Bank
<br />Nebraska, National Association, which Deed of Trust was recorded Sept 23, 2002 , as
<br />Document #200210062 , Official Records of Hall county. Through subsequent agreements
<br />with the Owner, either recorded or unrecorded, the current borrowing limit for said note has been
<br />amended to $30,000.00, 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 />Sept 25, 2002in favor of Lender, payable with interest and upon the terms and conditions
<br />described therein, which Lender's Security Instrument is to be eTtryfly 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 limes 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 />r000 1o. n., nn, xxaraaa wm ar SUBORDINATION AGREEMENT 2002 10641uo
<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 September 27, 2002 by WELLS FARGO BANK
<br />NEBRASKA, N.A. (hereinafter referred to as "Beneficiary"), present owner and holder of the Deed of Trust
<br />and note first hereafter described, in favor of WELLS FARGO HOME MORTGAGE, INC., it's successors
<br />and /or assigns (hereinafter referred to as "Lender ");
<br />WITNESSETH
<br />THAT WHEREAS, Radford L. Hansen And Joann Hansen, Husband And Wife, As Joint Tenants
<br />(hereinafter referred to as "Owner') did execute a Deed of Trust, dated August 28, 2002 to Wells Fargo
<br />Bank Nebraska, National Association, as Trustee, covering that certain real property described as follows:
<br />THE LEGAL DESCRIPTION IS ATTACHED HERETO AND MADE A PART HEREOF
<br />APN: 400375117
<br />To secure a note in the sum of $30,000.00, dated August 28, 2002, in favor of Wells Fargo Bank
<br />Nebraska, National Association, which Deed of Trust was recorded Sept 23, 2002 , as
<br />Document #200210062 , Official Records of Hall county. Through subsequent agreements
<br />with the Owner, either recorded or unrecorded, the current borrowing limit for said note has been
<br />amended to $30,000.00, 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 />Sept 25, 2002in favor of Lender, payable with interest and upon the terms and conditions
<br />described therein, which Lender's Security Instrument is to be eTtryfly 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 limes 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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