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� <br />� <br />N � <br />B � <br />� � <br />B <br />W � <br />� <br />� - <br />� <br />� <br />- <br />� <br />'�' I <br />� � Z <br />i�C�:� <br />� � <br />� � <br />� <br />� <br />, by and retum to: I�7"/�/ �/� y 2 0110 3 9 6 a <br />Wells Fargo Bank, N.A., PO Box 5943, Sioux Falls, SD 57117-5943 for <br />Wells Fargo Bank, N.A. <br />SUBORDINATION AGREEMENT <br />� � � w c� cn <br />r , <br />� � c n � <br />r r , � � d --a N (B1 <br />.� --� n � <br />c^. �' . C� <br />;G , " a N —G . � <br />� O "T� F—'� .. <br />� �� � � � � � <br />� - T ('7� <br />cIy � � n � o <br />-' r � <br />� � r n C..a <br />o ( ':, � � � <br />� <br />� 4 D T <br />f �C \/� ti v J . <br />v � ui cn U� � <br />�� � <br />g �� <br />This agreement made this 19th day of May, 2011, befinreen Welis Fargo Bank, N.A., (hereinafter referred to as favored creditor), <br />and Wells Fargo Bank, N.A. successor by merger to Wells Fargo Financial Bank, (hereinafter referred to as subordinating creditor), <br />witnesseth: <br />That in consideration of subordinating creditor entering into this subordination agceement, favored creditor agrees to lend not to <br />exceed $185,381.19 in accordance with that certain agreement between favored creditor and Christopher J Kam And Jeanie M Kam, <br />Husband And Wife, As Joint Tenants And Not As Tenants In Common (debtor). Retorde� ������ Doc�aQQ$d'7�'j(p <br />In consideration of favored creditor making aforesaid loan to debtor, subordinating creditor agrees that the mortgage/deed of trust <br />(hereafter "mortgage") executed in its favor by debtor on June 23, 2007 and recorded in the mortgage records of Hall County, State <br />of Nebraska as Book , Page , Docket # 200705757, be subject, inferior, junior, secondary and subordinate to a mortgage <br />which is executed by debtor in favor of favored creditor as security for the aforesaid loan, and that said mortgage and debt in favor of <br />favored creditor shall have priority over said mortgage and debt in favor of subordinating creditor, with respect to the property legally <br />to wit: <br />LOT•THIRTY-SIX (36) REGENCY BY THE GREEN SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />Provided. however, that this agreement to subordinate shall not extend to any advances made by favored creditor after the date of <br />the loan described above (except that this subordination agreement shall extend to any future advances made for taxes and <br />insurance to protect favored creditor's interest), and rop vided, however, that this Agreement is based upon favored creditor's <br />representation that subordinating creditor will not be reduced to less than a second mortgage position by virtue of executing this <br />Agreement. <br />Wells Fargo Bank, N.A. <br />Subordinating Creditor <br />State of South Dakota <br />County of Minnehaha <br />By _c�,��-v� �.�i-�.r <br />Cheryl Kuper,�Tit e Officer <br />The foregoing instrument was acknowledged before me this May 19, 2011, by Cheryl Kuper, Title Officer of Wells Fargo Bank, N.A., <br />a national association, on behalf of the corporation. <br />LOA1 A NELSQN <br />Notety Pubilc <br />SEAL <br />South Oakota <br />My Commission Expires: January 18, 2017 <br />i <br />��1 � /� <br />.: . <br />NE-0836NOWLINE-0209 (BNI� (ROC) <br />