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Recording Requested by TRGC RECORDING REQUESTED BY: TRG SERVICES ESCROW, INC Order No.: TRVI621951 When Recorded Mail Document To: City of San Leandro 835 E. 14th St. San Leandro, CA 94577 Attn: City Manager lb APN: NOTICE: MG r 1+ Of A'4 �� - 2016306096 11/23/2016 10:14 RSI OFFICIAL RECORDS OF ALAMEDA COUNTY STEVE MANNING °icsoaN`a RECORDING FEE: 43.00 SPACE ABOVE THIS LINE FOR RECORDERS USE SUBORDINATION AGREEMENT 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, made September, 26"' 2016, by Chi Wing Chan and May Han Jiang, Husband and Wife, as Joint Tenants, owner of the land hereinafter described and hereinafter referred to as "Owner," and the City of San Leandro as Housing Successor to the Redevelopment Agency of the City of San Leandro present owner and holder of the Deed of Trust and Security Agreement first hereinafter described and hereinafter referred to as "Agreement Holder"; WITNESSETH THAT WHEREAS Chi Wing Chan and May Han Jiang did execute an agreement, dated 11/21/2007, to secure the Deed of Trust dated 11/21/2007, in favor of the Redevelopment Agency of the City of San Leandro, which the Deed of Trust was recorded as instrument no. 2007403424, on November 27,-""94, in book [NA], page [NA], Official Records of said county; and 2Z() 7 WHEREAS, Owner has executed, or is about to execute, a Deed of Trust and note in the sum of 256,000.00 Dated 11--l-IU , in favor of 313 Morgan Chase Bank N.A. hereinafter referred to as "Lender," payable with interest and upon the terms and conditions described therein, which Deed of Trust is to be recorded concurrently herewith; and WHEREAS, it is a condition precedent to obtaining said loan that said Deed of Trust last above mentioned shall unconditionally be and remain at all times a lien or charge upon the land hereinbefore described, prior and superior to the lien or charge of the Deed of Trust first above mentioned; and WHEREAS, lender is willing to make said loan provided the Deed of Trust securing the same is a lien or charge upon the above described property prior and superior to agreement first above mentioned and provided that Agreement Holder will specifically and unconditionally subordinate the lien or charge of the Deed of Trust first above mentioned to the lien or charge of the Deed of Trust in favor of Lender; and FD -46A (Rev, 12/07) (subora)(12-07) 45e_R-1 EXHIBIT A INITIALS:( �!« CLTA SUBORDINATION "A" (EXISTING DEED OF TRUST TO NEt+i DEED OF TRUST) Page No. 1 of 3