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Loan No. 003- 003 - 1929445 -0001 EL SUBOkDINATION AGREEMENT
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<br />WHEN RECORDED MAIL TO
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<br />Wells Fargo Bank, N. A.
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<br />Attn: Doc. Management MAC B6955 -011
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<br />PO Box 31557
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<br />Billings, MT 59107 -1557
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<br />Loan No. 003- 003 - 1929445 -0001 EL SUBOkDINATION AGREEMENT
<br />200311031
<br />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 August 18, 2003 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, James Scott Zana, Trustee Of The James Scott Revocable Trust And Reba Gail
<br />Stafford Zana, Spouse Of James Scott Zana, (hereinafter referred to as "Owner") did execute a Deed of
<br />Trust, dated August 27, 1998 to Norwest Bank Nebraksa, N. A., as Trustee, covering that certain real
<br />property described as follows:
<br />THE LEGAL DESCRIPTION IS ATTACHED HERETO AND MADE A PART HEREOF
<br />APN: 400211629
<br />To secure a note in the sum of $30,000.00, dated August 27, 1998, in favor of Norwest Bank Nebraska,
<br />N. A., which Deed of Trust was recorded September 25, 1998, as 98- 109327, Official Records of Hall
<br />county. Through subsequent agreements with the Owner, either recorded or unrecorded, the current
<br />borrowing limit for said note has been 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 $245,000.00, dated
<br />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 />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 August 18, 2003 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, James Scott Zana, Trustee Of The James Scott Revocable Trust And Reba Gail
<br />Stafford Zana, Spouse Of James Scott Zana, (hereinafter referred to as "Owner") did execute a Deed of
<br />Trust, dated August 27, 1998 to Norwest Bank Nebraksa, N. A., as Trustee, covering that certain real
<br />property described as follows:
<br />THE LEGAL DESCRIPTION IS ATTACHED HERETO AND MADE A PART HEREOF
<br />APN: 400211629
<br />To secure a note in the sum of $30,000.00, dated August 27, 1998, in favor of Norwest Bank Nebraska,
<br />N. A., which Deed of Trust was recorded September 25, 1998, as 98- 109327, Official Records of Hall
<br />county. Through subsequent agreements with the Owner, either recorded or unrecorded, the current
<br />borrowing limit for said note has been 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 $245,000.00, dated
<br />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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