rPIP
<br />4r
<br />am
<br />I
<br />WHEN RECORDED MAIL TO
<br />Wells Fargo Bank, N. A.
<br />AM: Suberdinabon Department
<br />MAC: P6051 -013
<br />18700 NW Walker Rd #92
<br />Beaverton, OR 97006 -2950
<br />Loo No. 003.w3- 2758571-W01 Br SUBORDINATION AGREEMENT ALBCQ
<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 October 15, 2002 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 WELLS FARGO HOME MORTGAGE, INC., it's successors and/or
<br />assigns (hereinafter referred to as "Lender ");
<br />WITNESSETH
<br />THAT WHEREAS, Gayle E. Marsh And Barbara A. Marsh, Husband And Wife, As Joint Tenants
<br />(hereinafter referred to as "Owner') did execute a Deed of Trust, dated May 20, 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: 400324598
<br />To secure a note in the sum of $12,173.60, dated May 20, 2002, in favor of Wells Fargo Bank Nebraska,
<br />National Association, which Deed of Trust was recorded June 25, 2002, as DOC, NO. 0200206697,
<br />Official 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 $85,200.00, dated
<br />Ct} 1 S,OCJOZ , 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 t of 3
<br />\� C
<br />A
<br />n
<br />n
<br />ni
<br />2
<br />D
<br />n
<br />�
<br />_
<br />i-
<br />ri
<br />x
<br />n cn
<br />m
<br />r
<br />�
<br />N
<br />-3
<br />N
<br />N
<br />'
<br />CC,
<br />y
<br />N
<br />j
<br />O
<br />Loo No. 003.w3- 2758571-W01 Br SUBORDINATION AGREEMENT ALBCQ
<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 October 15, 2002 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 WELLS FARGO HOME MORTGAGE, INC., it's successors and/or
<br />assigns (hereinafter referred to as "Lender ");
<br />WITNESSETH
<br />THAT WHEREAS, Gayle E. Marsh And Barbara A. Marsh, Husband And Wife, As Joint Tenants
<br />(hereinafter referred to as "Owner') did execute a Deed of Trust, dated May 20, 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: 400324598
<br />To secure a note in the sum of $12,173.60, dated May 20, 2002, in favor of Wells Fargo Bank Nebraska,
<br />National Association, which Deed of Trust was recorded June 25, 2002, as DOC, NO. 0200206697,
<br />Official 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 $85,200.00, dated
<br />Ct} 1 S,OCJOZ , 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 t of 3
<br />\� C
<br />
|