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Inst 2011185169
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Inst 2011185169
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Last modified
7/18/2011 10:36:38 AM
Creation date
7/18/2011 10:36:38 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agreement
Document Date (6)
5/19/2011
Recorded Document Type
Subordination
Retention
PERM
Document Relationships
Inst 2010181819
(Reference)
Path:
\City Clerk\City Council\Recorded Documents\2009
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A.P.N.: 0778- 1201 -0 Subordination Agreement - continued File No.: NCS- 485204- <br /> 15 CC (hm) <br /> Date: June 10, 2011 <br /> of Lender above referred to and understands that in reliance upon, and in consideration of, this waiver, <br /> relinquishment and subordination specific loans and advances are being and will be made and, as part <br /> and parcel thereof, specific monetary and other obligations are being and will be entered into which <br /> • would not be made or entered into but for said reliance upon this waiver, relinquishment and <br /> subordination; and <br /> (d) An endorsement has been placed upon the Note secured by Deed of Trust first above mentioned that <br /> said Deed of Trust has by this instrument been subordinated to the lien or charge of the Deed of Trust in <br /> favor of Lender above referred to. <br /> NOTICE: THIS SUBORDINATION AGREEMENT CONTAINS A PROVISION WHICH <br /> ALLOWS THE PERSON OBLIGATED ON YOUR REAL PROPERTY SECURITY TO <br /> OBTAIN A LOAN A PORTION OF WHICH MAY BE EXPENDED FOR OTHER <br /> PURPOSES THAN THE IMPROVEMENT OF THE LAND. <br /> (ALL SIGNATURES MUST BE ACKNOWLEDGED) <br /> IT IS RECOMMENDED THAT, PRIOR TO THE EXECUTION OF THIS SUBORDINATION AGREEMENT, THE PAR77ES <br /> CONSULT WITH THEIR ATTORNEYS WITH RESPECT THERETO. <br /> (CLTA SUBORDINATION FORM "A ") <br /> OWNER: <br /> Page 3 of 6 <br />
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