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201409p90 THIS AGREEMEZYT (the "Agceement"), effectivc as af the Effcctive Date above, is made by and among the Subordinating Lender, Owners and the Senior Lender named abave. BARIZY G. SANDS'TROM AND ]UDY A. SANDSTROM, HUSBAND AND WIFE, AS dOINT TENANTS (individually and collectivcly thc "Owner") awn the real property located at the above Property Address (the "Property'�. The Subordinating Lender has an interest in the Property by virtue of a D�ed of Trust given by the Owraer, covering that real property, more particularly described as follows: See Exhibit A � L � �(.� �, i 9y � 10 C�.po3 which document is dated thc I dth day of Decembec, 2002, which was filed in Document ID# 2D0301568 at page N/A (or as No. N/A) of the Ctecords of the Office of the Register af Deeds of the County of HALL, State of Nebraska (the "Bxisting Security Instrument'�. Thc Exisdng Security Instrument secures repaymant of a debt evidencad by a note or a line of credit agreement extended to NDY A SANDSTROM and SARRY G SANDSTROM (individually and collectively "Borrower") by the Subordinating Lender. The Seniar Lender has agreed to make a new loan or am�nd an cxisting loan in the original principal amaunt NOT to exceed $214,228.p0 (the "New Loan or Amended Loan"), provided that the New Loan oc Amendcd Loan is secured by a first lien mortgage on the Property (the "New Security Instrument") in favor of the Senior Lender. If the New Loan ar Amended a�n�`ceeds this amount tha ubordinat'on Agroement is VOID. �p Vj�, ��,p P�P_.tk �.9,tiC.v fCQ� w� �-D 0. � bl I0+{ l l0 The 5ubordinating Lender is willing to subordinate the lien of the Existing Secunty Ins�m ent�the licn of the New Security Instrument under thc tcrms set forth in this Agreement. NOW, THEREFORE, for and in consideratian of the above recitals, the covenants herein contained, and for good and valuable consideration� the receipt of which is hereby acknowledged, the parties agree as foltows: A. Agreement to Subordinate Subordinating I.ender and Trustee, if applicable, hereby subordinates the lien of the Existing Securiry Instrument, and all of its modifications, extensions and renewals, to the lien of the New Securiry Instrument. This Agreement is effective as to any sum whose repaymant is prescntly secured ar which may in the futtire be secured by the Existing Securiry Instrument. B. Appointment of Subst[tute Trustee �f'Appllcable The Existing Security Instrument names WELLS FARGO BANK NEBRASKA, NATIONAL AS50CIATION, es Trustec and the Subordinating Lcndcr as Beneficiary. The Existing Socurity Instrument provides that thc 5ubordinating Lender may designate and appoint a substitute Trustee in place of any other trustce by an inxtrument recorded among the appropriate land recards. 'rhe Subordinating Genden c�reby removes WEI.LS FARGO BANK NEBRASKA, NAT'IONAL AS50CIATION as Trustee and designates and appoints W�LLS PARGO FINANCIAL NATIONAL BANK as substitute Trustee with the same powers and duties as were priginally vested in the Original Trustee under the Existing Secutity Instrument. C. General Terma and Conditlons Biqdipg E�ect — This Agreement shall be binding upon and inure to thc benefit of tha respective heirs, legal representatives, successots and assigns af the parties hereto and all of ihose holding title under any of thcm. SUBORDINATION ONLY N� V 1.0 Pagc 2 of 3 0000000000136510 ' T