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~,. e. I~V ~ = A ~ c-a cn <br />~~ °) C fm') _ ° ° ~ <br />~~. ,~ ~ n Z 7C ~~ ~ z --~ <br />~~ ~ ~ f'1 ~ ~~ ~ ~ ~ rn <br />~~ ~ ~ ~ = Q ~`~ c~ ~~ <br />x~ rz~ <br />~ ~ ` V (1~ i rr ~ ~ ~z:.7 <br />r ~ • cn cn <br />rv ~ <br />A <br />rV Cn <br />G <br />rv <br />c~ <br />CJ <br />r--~ <br />CL] <br />F--~ <br />°N <br />SUBORDINATION AGREEMENT <br />NOTICE: THIS SU80RDINATION AGREEMENT RESULTS IN YOUR SECURITY INTEREST IN THE <br />PROPERTY BECOMING SUBJECT TO AND OF LOWER PRIORITY THAN THE LIEN OF SOME <br />OTHER O TER SECURITY INSTRUMENT. <br />This Subordination Agreement, made this November 13, 2009 by Wells Fargo Bank, N. A., who is the <br />present owner and holder of the Deed of Trust first hereinafter described below as well as the promissory <br />note secured by the same, (hereinafter referred to as the "Lender"), on one hand and Wells Fargo Bank, <br />N. A., (hereinafter referred to as "New Lender"), on the other hand. <br />WITNESSETH <br />THAT WHEREAS, Peter B. Van Winkle I I, And Tammie Z. Van Winkle. (hereinafter referred to as <br />"Owner") did execute a Deed of Trust, dated December 20, 2006 to Wells Fargo Financial National Bank, <br />as Trustee, covering that certain real property described as follows: <br />THE LEGAL DESCRIPTION IS ATTACHED HERETO AND MADE A PART HEREOF <br />APN: <br />To secure a note in the sum of $33,980.00, dated December 20, 2006, in favor of Wells Fargo Bank, N. <br />A., which Deed of Trust was recorded December 21, 2006, as 0200611303, Official Records of Hall <br />County. <br />WHEREAS, Owner has executed, ar is about to execute, a Deed of Trust or Mortgage (hereinafter <br />referr d t as New Lender's Security Instrument") and note not to exceed the sum of $131,536.00, dated <br />j v~ , in favor of Wells Fargo Bank, N. A., its successors and/or assigns, payable with <br />interest and upon the terms and conditions described therein, which New Lender's Security Instrument is <br />to be recorded concurrently herewith; and <br />WHEREAS, It is a condition precedent to obtaining said loan that said New Lender's Security <br />Instrument last above mentioned shall unconditionally be and remain at all times a lien or charge upon <br />the land hereinbefore described, prior and superior to the lien or charge of the Deed of Trust first <br />mentioned. Owner has requested Lender to subordinate their lien to the lien about to be taken by the New <br />Lender; and <br />WHEREAS, New Lender is willing to make said loan provided the New Lender's Security Instrument <br />securing the same is a lien or charge upon the above described property prior and superior to the lien or <br />charge of the Deed of Trust first above mentioned and provided that Lender will specifically and <br />unconditionally subordinate the lien or charge of the Deed of Trust first above mentioned to the lien or <br />charge of the New Lender's Security Instrument in favor of the New Lender; and <br />m <br />m <br />v <br />z <br />C <br />