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Lien Holder is the beneficiary /mortgagee under a deed of trust/mortgage, dated June 27, <br />2001 executed by Bruce E. Schreiner and Vicki J. Schreiner, husband and wife (the <br />"Debtor") which was recorded in the county of Hall, State of Nebraska, as document number <br />200107040 on July 19th, 2001 (the "Subordinated Instrument ") covering real property located <br />in Grand Island in the above -named county of Hall, State of Nebraska, as more particularly <br />described in the Subordinated Instrument (the "Property"). <br />PLEASE SEE ATTACHED EXHIBIT "A° (Legal Description) <br />Lender will make a loan to the Debtor secured by a deed of trust/mortgage on the Property <br />which will be recorded (the "Lender Instrument'). The Lender Instrument will secure a <br />promissory note /line of credit agreement in the amount of <br />$300,700.00. <br />Lien Holder has agreed to execute and deliver this Subordination Agreement. <br />9/27/01 <br />1 M <br />o <br />In <br />r <br />3 r <br />o <br />O <br />rn <br />n <br />N <br />co <br />N <br />w <br />20 <br />O <br />Space above line for recerding purposes. <br />300325205530001 <br />SUBORDINATION AGREEMENT <br />NOTICE: This subordination agreementresults in your security interest in the property becoming subject In and of lower priority <br />than the lien of some other or later smartly instrument <br />This Agreement is made this 07th day of October 2002, by and between Wells Fargo <br />Bank Minnesota, N.A. a national bank with its headquarters located at Sixth Street & <br />Marquette Avenue, Minneapolis, MN (herein called "Lien Holder "), and Wells Fargo Home <br />Mortgage, Inc., with its main office located in the State of Iowa (herein called the "Lender "). <br />RECITALS <br />Lien Holder is the beneficiary /mortgagee under a deed of trust/mortgage, dated June 27, <br />2001 executed by Bruce E. Schreiner and Vicki J. Schreiner, husband and wife (the <br />"Debtor") which was recorded in the county of Hall, State of Nebraska, as document number <br />200107040 on July 19th, 2001 (the "Subordinated Instrument ") covering real property located <br />in Grand Island in the above -named county of Hall, State of Nebraska, as more particularly <br />described in the Subordinated Instrument (the "Property"). <br />PLEASE SEE ATTACHED EXHIBIT "A° (Legal Description) <br />Lender will make a loan to the Debtor secured by a deed of trust/mortgage on the Property <br />which will be recorded (the "Lender Instrument'). The Lender Instrument will secure a <br />promissory note /line of credit agreement in the amount of <br />$300,700.00. <br />Lien Holder has agreed to execute and deliver this Subordination Agreement. <br />9/27/01 <br />