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<br />200607783 ~ ~ ~f
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<br />
<br />This Agreement is made this 23 day of June, 2006, by and
<br />("Bank") and PHH Mortgage Services ("Refinancer").
<br />-- .-
<br />
<br />0.:1& ~~....
<br />Return to:
<br />DRI Title & EscroW
<br />12000 I Street #20-100
<br />Omaha. NE 68137
<br />between US Bank National Association NO,
<br />
<br />(p , tro
<br />
<br />Deed Of Trust Subordination Agreement
<br />Account No. 80416867002
<br />
<br />Bank is the beneficiary under a deed of trust (the "Junior Deed of Trust") dated 5 day of April,
<br />2001, granted by Darren Parlin and Bobbi J Parlin, husband and wife ("Borrower"), residing at 411 East St,
<br />Woodrvier, NE 68883 and recorded in the office of the Register of Deeds, Hall County, Nebraska, on Book
<br />,Page ,as Document 0200105369, encumbering the real property described therein (collectively, the
<br />"P~9perty"). Refinancer is the beneficiary under a deed of trust (the "Senior Deed of Trust") dated
<br />":SI.A \\.1 ,9 \...\. , 20 nl(l ,granted by the Borrower, and recorded in the same
<br />office I. on t(\^ Cj U. '5-\ .-;).,'-\ 20 olp as Document
<br />cDJ.. Q\ Qj Lo (.D 1'5 'S " encumbering the property. To induce Refinancer to make a
<br />loan to the Borrower secured by the Senior Deed of Trust, Bank has agreed to execute and deliver this
<br />Subordination Agreement.
<br />
<br />ACCORDINGLY, in consideration of the premises and for other good and valuable consideration, the receipt
<br />and sufficiency of which are hereby acknowledged, Bank hereby agrees with Refinancer that the lien of the
<br />Junior Deed of Trust on the Property is and shall be and shall remain fully subordinate for all purposes to the
<br />lien of the Senior Deed of Trust on the Property, to the full extent of all sums from time to time secured by
<br />the Senior Deed of Trust; provided, however, that the total indebtedness secured by the Senior Deed of Trust
<br />does not exceed $62,431.00, exclusive of interest thereon, amounts advanced to protect the lien and priority
<br />of the Senior Deed of Trust, and costs of collection, and provided further, that this agreement shall not be
<br />effective until each other mortgage or other lien recorded against the property (other than the Senior
<br />Mortgage) and each judgment that is a lien against the Property shall be subordinated of record of the lien of
<br />the Senior Mortgage.
<br />
<br />Legal Description: Lot 6 and the west 38 feet of lot 5, in block 19, MacoU and Leflanges Addition to Wood River, Hall
<br />County, Nebraska
<br />
<br />Property Address: 411 East St, Woodrvier, NE 68883
<br />
<br />IN WITNESS THEREOF, this Subordination Agreement is executed on the day and year first above stated.
<br />
<br />US Bank National Association NO,
<br />
<br />()."fV1'l k' . ~/L.4t..-V
<br />
<br />By: Ann K Gurno
<br />Title: Loan Operations Officer
<br />
<br />STATE OF
<br />COUNTY OF
<br />
<br />Wisconsin
<br />WinnebaQo
<br />
<br />)
<br />)
<br />
<br />The foregoing instrument was acknowledged before me this this 23 day of June, 2006, by (name) Ann K Gurno,
<br />the (title) Loan Operations Officer of US Bank National Association NO, ,a national banking association, on
<br />behalf of the association.
<br />
<br />.4..'L-<'-~ /?{6-{ilCre,
<br />
<br />Carol Mooney, Notary
<br />My Commission Expires: 9/16/07 ~\t\t{
<br />Prepared by: Heidi Braatz ..'O-<..,t'- . S(i"111t,
<br />
<br />
<br />l~ CAROL *\
<br />
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