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n p `�tECOPDING REQUESTED nBY: Y, " Order No.: Ok1 � Z� t l UXVNj When Recorded Mail Document To: City of San Leandro 835 E. 14th St. San Leandro, CA 94577 Attn: City Clerk X14 OF 4,,, 2016307722 11/28/2016 12;58 PM 0 q OFFICIAL RECORDS OF ALAMEDA COUNTY STEVE MANNING RECORDING FEE: 40.00 0 '10r0Vk1%N4 6 PGS APN: 075-0208-069-00 SPACE ABOVE THIS LINE FOR RECORDER'S USE 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, made November 2, 2016, Brandon M. Sue and Phoebe C. Sue, Husband and Wife, 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 Brandon M. ]ue and Phoebe C. ]ue did execute an agreement, dated 04/30/2015, to secure the Deed of Trust dated 04/30/2015, in favor of the City of San Leandro, which the Deed of Trust was recorded as instrument no. 2015125610, on May 12, 2015, in book [NA], page [NA], Official Records of said county; covering (SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF); and WHE�®�QQw`n� s executed, or is about to execute, a Deed of Trust and note in the sum of $216,125 datedv`1. 14.E in favor of First Republic Bank 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 INMALS, FD -46A (Rev. 12/07) CLTA SUBORDINATION "A" (subora)(12-07) (EXISTING DEED OF TRUST TO NEW DEED OF TRUST) Page No. 1 of 3