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m = M CJ (mil a �7 Q Space above line for recording purposes. 45145146338300001 SUBORDINATION AGREEMENT NOTICE: This subordination agreement results in your security interest in the property becoming subject to and of lower priority than the lien of some other or later security instrument This Agreement is made this 10th day of December, 2001 by and between WELLS FARGO BANK WEST, NA, national bank with its headquarters located at 1741 Brodway Denver, CO (herein called "Lien Holder "), and WELLS FARGO HOME MORTGAGE, INC., with its main office located in the State of Iowa (herein called the "Lender "). RECITALS Lien Holder is the beneficiary /mortgagee under a deed of trust/mortgage, dated April 6, 2001 executed by Randy L. Gard and Vicki Gard (the "Debtor ") which was recorded in the county of Hall, State of Nebraska, as Doc #2001 -r 366,7 on April 9, 2001 (the "Subordinated Instrument ") covering real property located in Grand Island in the above -named county of Hall, State of Nebraska, as more particularly described in the Subordinated Instrument (the "Property "). LOT SEVEN (7), IN BLOCK ONE (1), PONDEROSA LAKE ESTATES FOURTH SUBDIVISION, AN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY,NEBRASKA Lender will make a loan to the Debtor secured by a deed of trust/mortgage on the Property which will be recorded (the "Lender Instrument "). The Lender Instrument will secure a promissory note /line of credit agreement in the amount of $355,500.00, recorded on December J 4 , 2001 as Document No. c?QQ I - AR 77 Lien Holder has agreed to execute and deliver this Subordination Agreement. 9/27/01 o C-> cn -4 o. On M cn m O co C) n CD O sm3. M 3 � CM r" D N co W 00 ca Cn CJ SUBORDINATION AGREEMENT NOTICE: This subordination agreement results in your security interest in the property becoming subject to and of lower priority than the lien of some other or later security instrument This Agreement is made this 10th day of December, 2001 by and between WELLS FARGO BANK WEST, NA, national bank with its headquarters located at 1741 Brodway Denver, CO (herein called "Lien Holder "), and WELLS FARGO HOME MORTGAGE, INC., with its main office located in the State of Iowa (herein called the "Lender "). RECITALS Lien Holder is the beneficiary /mortgagee under a deed of trust/mortgage, dated April 6, 2001 executed by Randy L. Gard and Vicki Gard (the "Debtor ") which was recorded in the county of Hall, State of Nebraska, as Doc #2001 -r 366,7 on April 9, 2001 (the "Subordinated Instrument ") covering real property located in Grand Island in the above -named county of Hall, State of Nebraska, as more particularly described in the Subordinated Instrument (the "Property "). LOT SEVEN (7), IN BLOCK ONE (1), PONDEROSA LAKE ESTATES FOURTH SUBDIVISION, AN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY,NEBRASKA Lender will make a loan to the Debtor secured by a deed of trust/mortgage on the Property which will be recorded (the "Lender Instrument "). The Lender Instrument will secure a promissory note /line of credit agreement in the amount of $355,500.00, recorded on December J 4 , 2001 as Document No. c?QQ I - AR 77 Lien Holder has agreed to execute and deliver this Subordination Agreement. 9/27/01