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RECORDING REQUESTED BY: OF 44 ' 2018227120 11/29/2018 11:45 UM <br />Placer Title [ompanyOFFICIAL RECORDS uF m-*«="" COUNTY <br />Order No.: t7-653911 STEVE """~^-RECORDING Fss: mmm <br />tO " .4 4 "4" OD 1p <br />When Recorded Mail Document To: <br />City ofSan Leandro a PGS <br />835 E. 14th St, <br />San Leandro, [A94577 <br />Attn: City Clerk <br />«/ <br />No fee for recording pursuant toGovernment Code Section 27383 <br />| »^^ <br />APN: <br />SPACE pOnRECORDER'S USE <br />SUBORDINATION AGREEMENT <br />NOTICE: THIS SUBORDINATION AGREEMENT RESULTS IN YOUR SECURITY INTEREST IN THE PROPERTY <br />BECOMING SUBJECT TO AND OF U}VVER PRIORITY THAN THE LIEN OF SOME OTHER OR LATER <br />SECURITY INSTRUMENT. <br />THIS AGREEMENT (this "Subordination Agreemmemt"),dated asof October 26, 2018, isentered into bvand between <br />Erin R,_Judala married woman and Raylenne Mudzinskki�_a single woman, �! Sjoint tenant, the owner /"Owner"\and <br />the City cf San Leandro as Housing Successor to the Redevelopment Agency of the City of San Leandro ("City"). Owner <br />and City are collectively referred to herein as the "Parties." <br />WHEREAS, Owner is the owner ofcertain real property located aL[AddIess <br />j in the City, known as Assessor's Parcel <br />Number (the "Property") as more particularly described in Exhibit /\attached hereto and incorporated <br />herein by this reference. <br />WHEREAS, Owner entered into that certain loan agreement (the "Loan Agwith the City in the amount of <br />$D (the "Loan"), which is evidenced by a promissory note (the "Note") in the amount of the Loan, both of which are <br />dated May 1,,-2}j2 <br />WHEREAS, to secure the Loan to the City, Owner executed a deed of trust (the "City Deed of dated May _1^ <br />2I12, /n favor of the Redevelopment Aggflcy of Lhe City of San Leandro, San Leandro which was recorded as instrument <br />no. 2012159272 on y4ay1IL2012 in the Official Records of Alameda County; and <br />WHEREAS, Owner has executed, or is about to execute a d (d)e"LenderDeed of and note (dx� <br />"Lender Loan")inthe amount of infavor of (the <br />7 F <br />"Lender") upon the terms and conditions described in the Lender Loan, which Lender Deed of Trust is to be recorded <br />concurrently herewith; and <br />WHEREAS, it iso condition precedent toobtaining the Lender Loan that the Lender Deed ofTrust shall unconditionally <br />be and remain at all times a lien or charge upon the Property prior and superior to the lien or charge of the City Deed <br />ofTrust; and <br />WHEREAS, Lender is willing to make the Lender Loan provided the Lender Deed of Trust is prior and superior to City <br />Deed of Trust, and the City agrees specifically and unconditionally subordinate the lien or charge of the Oh/ Deed of <br />Trust to the lien or charge of the Lender Deed of Trust in favor of Lender; and <br />Page No. /of3 <br />