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°-1 M pC) in n in I � m C N C n o 2 ➢ z in Cn s rn m N ro x C -Zi Account Number 0301343018 0 0. N O T O t3 T WHEN RECORDED MAIL TO: ZC _ rn N H Homecomings Financial Network, I c. 2711 N. Haskell Avenue, Suite 900 m c.> Dallas, TX 75704 ro N Ann.: Correspondence Department cJI ry N N m a THE SUBORDINATION IS NOT VALID FOR RECORDING AFTER NINETY (90) DAYS FROM THE DATE FIRST APPEARING BELOW. ANY CHANGES TO THIS DOCUMENT WITHOUT PRIOR 2C G WRITTEN SUBORDINATING LENDER APPROVAL WILL RENDER THIS SUBORDINATION NULL AND VOID. SPACE ABOVE THIS LINE FOR RECORDERS USE Subordination Agreement "Agreement') THIS SUBORDINATION AGREEMENT ( is [Wade this 20 November, 2002, by Residential Funding Corporation ( "Subordinating Lender"). WHEREAS, Virgil Harden and Natalie Harden (`Borrower"), whether one or more, executed a note in the original principal sum of $34,905.46 dated 7/03/2002, seemed by a deed of trust or mortgage of even date therewith in favor of WELLS FARGO FINANCIAL NEBRASKA, INC. covering property located at 4111 Hartford Street, Grand Island, NE 68803, ( "Property ") recorded on 7/08/2002, as DOC 200207130, in Official Records of said County; and WHEREAS, the note and deed of trust or mortgage have been assigned to Subordinating Lender; and WHEREAS, Borrower has executed, or is about to execute, a deed of trust or mortgage and note not to exceed the sum of $136,705.00 (`New Loan ") in favor of WELLS FARGO HOME MORTGAGE, INC. ('New Under"); and WHEREAS, New Lender is willing to make the New Loan provided the deed of trust or mortgage securing same is a lien or charge upon the Property prior and superior to the lien or charge of the deed of trust held by Subordinating Lender, and provided that Subordinating Lender will specifically and unconditionally subordinate its lien to the lien or charge of the deed of trust or mortgage in favor of New Lender; and WHEREAS, it is to the mutual benefit of the Borrower, New Lender and Subordinating Lender that New Lender make such New Loan to Borrower; and Subordinating Lender is willing that the deed of trust or mortgage securing same shall, when recorded, constitute a lien or charge upon said land which is unconditionally prior and superior to the lien or charge held by Subordinating Lender. NOW, THEREFORE, in consideration of the mutual benefits accruing to the parties hereto and other valuable consideration, the receipt and sufficiency of which is hereby acknowledged, and in order to induce New Lender to make the New Loan, it is hereby declared, understood and agreed as follows: