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200313319
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<br />This instrument was prepared by Erika Wolfe, Post Closing Auditor I, Principal Bank, P.O. Box 9351, Des Moines, Iowa
<br />50306 -9467, Phone No. 515- 883 -9214.
<br />Principal Bank, P.O. Box 9351, Des Moines, Iowa 50306 -9467
<br />SUBORDINATION OF LIEN
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<br />WHEREAS, Principal Bank is the owner and holder of a deed of trust dated August 6, 2002 and recorded
<br />October 17, 2002 , Book --- , Page - -- and as Document No. 0200211194 and herein referred to as "Existing Deed of
<br />Trust" on the following described property:
<br />LOT TWEN'T'Y - THREE (23), IN WESTWOOD PARK SECOND SUBDIVISION, IN THE CITY OF GRAND ISLAND,
<br />HALL COUNTY, NEBRASKA
<br />Property Address: 908 Redwood Road, Grand Island, Nebraska 68803
<br />WHEREAS, Mark Bonser and Michquel Bonser, as owners of said property desire to refinance the first lien on said property;
<br />WHEREAS, it is necessary that the new lien to Principal Residential Mortgage, Inc., its successors and/or assigns which
<br />secures a note in the amount of One wenty_ One Thousand Eight_. Hundred__ a: nd...._ no/. 1O U _._Dol_lars..._($12.1_.,8QQ_OOt
<br />hereinafter referred to as "New Deed of Trust ", be a first lien on the premises in question;
<br />WHEREAS, Principal Bank is willing to subordinate the lien of the "Existing Deed of Trust" to the lien of the "New
<br />Deed of Trust"
<br />NOW THEREFORE, in consideration of the premises and other good and valuable consideration, the receipt of which is
<br />hereby acknowledged, Principal Bank hereby subordinates the lien of its "Existing Deed of Trust" to the lien of the
<br />"New Deed of Trust ", so that the "New Deed of Trust" will be prior in all respects and with regard to all funds advanced
<br />thereunder to the lien of the "Existing Deed of Trust ".
<br />IN WITNESS WHEREOF, the said Principal Bank has executed this Subordination of Lien this 12'h day
<br />of September 2003.
<br />BY:
<br />Missy Edmonds
<br />Principal Bank — Post Closing
<br />STATE OF IOWA )
<br />) ss
<br />COUNTY OF POLK )
<br />On this 12`''_ day of September , 2003 before me, a Notary Public in the state of Iowa, personally appeared Missy
<br />Edmonds, to me personally known, who being by me duly sworn or affirmed did say that that person is Assistant Manager —
<br />Retail Lending of said corporation and that said instrument was signed on behalf of the said corporation by the said Missy
<br />Edmonds , who acknowledged the execution of said instrument to be the voluntary act and deed of said corporation by it
<br />voluntary executed
<br />My commission expires:
<br />EBtM(A S WOLFE t,C
<br />s� (Notary Pu lic)
<br />commission Commiss on E Pines
<br />ion Expires
<br />ow JenuBrY 7. 2006
<br />RETUR Td ( ): RETURN T0:
<br />NATIONS TI E ENCY INC. MIDWEST TITLE
<br />5310 TH ST 1121 S. 13TH ST
<br />SN EE, KS 66207 TEKAMAH, NE 68061
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<br />Space Above This Line for Recording Data
<br />This instrument was prepared by Erika Wolfe, Post Closing Auditor I, Principal Bank, P.O. Box 9351, Des Moines, Iowa
<br />50306 -9467, Phone No. 515- 883 -9214.
<br />Principal Bank, P.O. Box 9351, Des Moines, Iowa 50306 -9467
<br />SUBORDINATION OF LIEN
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<br />WHEREAS, Principal Bank is the owner and holder of a deed of trust dated August 6, 2002 and recorded
<br />October 17, 2002 , Book --- , Page - -- and as Document No. 0200211194 and herein referred to as "Existing Deed of
<br />Trust" on the following described property:
<br />LOT TWEN'T'Y - THREE (23), IN WESTWOOD PARK SECOND SUBDIVISION, IN THE CITY OF GRAND ISLAND,
<br />HALL COUNTY, NEBRASKA
<br />Property Address: 908 Redwood Road, Grand Island, Nebraska 68803
<br />WHEREAS, Mark Bonser and Michquel Bonser, as owners of said property desire to refinance the first lien on said property;
<br />WHEREAS, it is necessary that the new lien to Principal Residential Mortgage, Inc., its successors and/or assigns which
<br />secures a note in the amount of One wenty_ One Thousand Eight_. Hundred__ a: nd...._ no/. 1O U _._Dol_lars..._($12.1_.,8QQ_OOt
<br />hereinafter referred to as "New Deed of Trust ", be a first lien on the premises in question;
<br />WHEREAS, Principal Bank is willing to subordinate the lien of the "Existing Deed of Trust" to the lien of the "New
<br />Deed of Trust"
<br />NOW THEREFORE, in consideration of the premises and other good and valuable consideration, the receipt of which is
<br />hereby acknowledged, Principal Bank hereby subordinates the lien of its "Existing Deed of Trust" to the lien of the
<br />"New Deed of Trust ", so that the "New Deed of Trust" will be prior in all respects and with regard to all funds advanced
<br />thereunder to the lien of the "Existing Deed of Trust ".
<br />IN WITNESS WHEREOF, the said Principal Bank has executed this Subordination of Lien this 12'h day
<br />of September 2003.
<br />BY:
<br />Missy Edmonds
<br />Principal Bank — Post Closing
<br />STATE OF IOWA )
<br />) ss
<br />COUNTY OF POLK )
<br />On this 12`''_ day of September , 2003 before me, a Notary Public in the state of Iowa, personally appeared Missy
<br />Edmonds, to me personally known, who being by me duly sworn or affirmed did say that that person is Assistant Manager —
<br />Retail Lending of said corporation and that said instrument was signed on behalf of the said corporation by the said Missy
<br />Edmonds , who acknowledged the execution of said instrument to be the voluntary act and deed of said corporation by it
<br />voluntary executed
<br />My commission expires:
<br />EBtM(A S WOLFE t,C
<br />s� (Notary Pu lic)
<br />commission Commiss on E Pines
<br />ion Expires
<br />ow JenuBrY 7. 2006
<br />RETUR Td ( ): RETURN T0:
<br />NATIONS TI E ENCY INC. MIDWEST TITLE
<br />5310 TH ST 1121 S. 13TH ST
<br />SN EE, KS 66207 TEKAMAH, NE 68061
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