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T Z �1S � � • ' y � n �_ �,•,;,�� , i a zv " ta � N �,p � � �"a � n = o --� o cv :"n � � � � � Z � O � � � rn � r-- -� � Ca cy � �' "� O N G��e' � O '�1 CID -+ �v` 7.,?. � �'- i--+ !=n r� � a rn � � ;T� c; � � 3> Co p r- `,, � �` � � � 93 �07597 `�' �' '� r � � _ F r,,` ►---' �c u� .-t. � � v W � O C.D r'r. • Uf .�. � Subordination Agreement � n� (Deed of Trust/Norwest Subordination�to Creditor) � � This Subordinadon Agreement("Agreement")is made this 2 6 day of J u 1 y , 19 9 9 �by and between Norwest Bank Nebraska,Nadonal Associadon,a national banking association("Norwest")and Pr�n.�aa1 Residential MortQage , Inc (the"Creditor"). Recitals T.awrence L, and Cvnthia A Brozek (whetheroneormore, the"Borrower"),gave a deed of trust to Nonvest dated M a y 2 4, 19 9 9 � (the"Nonvest Deed of Trust"), and recorded in the Office of the Re ister of Deeds for H a 11 County,Nebraska on J u n e 1 4, 19 9 9 as�Afi�Pi��t�eiber 9 9-10 6 0 0 7 in Book Page_ which constitutes a lien on real property Iocated in N a 1 1 County,Nebraska more particularly described as follows(the"Property"): Lot 11 , Colonial Estates 8th Subdivision, City of Grand Island , Hall County , Nebraska Creditor has made or is making a loan to the Borrower,secured by a deed of trust on the Property dated �-�v a�. I Q� (the"Creditor Deed of Trust"),in the principal amount of S 8 0 4 5 0.0 0 and recorded in the Office of the Register of Deeds for H a 1 1 County,Nebraska on ,� as Instrument Number �-I0759(o in Book Page . Norwest has agreed to execute and deliver this Agreement for the purpose of subordinating its interest in the Property pursuant to the Nonvest Deed of Trust to the interest of the Creditor in the Property pursuant to the Creditor Deed of Trust � f Agreement i NOW TI-IEREFORE,in consideration of the premises and as an inducement to the Creditor to accept the Credito�r Deed of Trust,Norwest and Creditor agree as follows: 1. Norwest agrees to subordinate,and hereby does subordinate,the lien of the Norwest Deed of Trust in and against the Property to the lien of the Creditor Deed of Trust in and against the Property. Norwest agrees that the Creditor Deed of Trust shall have the same validity,force and e�'ect as if executed,delivered,and recorded prior to the date of execution of the Nonvest Deed of Trust. 2. Neither Norwest nor Creditor: (i)makes any representation or warranty concerning the Property or any other property of the Borrower or the validity,perfection or(except as to the subordination accomplished hereby) priority of any lien thereon or security interest therein,or(ri)shall have any duty to preserve,protect,care for, insure,take possession of,collect,dispose of or otherwise realize upon the Property or any other property of the Borrower. �