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Subordination Agmt 720 Fargo Ave 03262021
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Subordination Agmt 720 Fargo Ave 03262021
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Last modified
6/26/2024 5:31:17 PM
Creation date
7/14/2022 12:55:29 PM
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CM City Clerk-City Council
Document Date (6)
3/26/2021
Recorded Document Type
Subordination
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PERM
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RECORDING REQUESTED BY: <br />First American Title Insurance Company <br />AND WHEN RECORDED MAIL DOCUMENT TO: <br />CITY OF SAN LEANDRO <br />835 E, 14TH STREET <br />SAN LEANDRO, CA 94577 <br />Space Above This Line for Recorder's Use Only <br />Situs Address: 720 FARGO AVE #12, SAN LEANDRO, CA 94579 <br />SUBORDINATION AGREEMENT <br />(EXISTING TO NEW) <br />NOTICE: THIS SUBORDINATION AGREEMENT RESULTS IN YOUR SECURITY INTEREST IN <br />THE PROPERTY BECOMING SUBJECT TO AND OF LOWER PRIORITY THAN THE <br />LIEN OF SOME OTHER OR LATER SECURITY INSTRUMENT. <br />THIS AGREEMENT, made this <br />MAGDALENE KING'ORI-BREWER <br />by <br />Owner of the land hereinafter described and hereinafter referred to as "Owner", and <br />CITY OF SAN LEANDRO <br />present Owner and Holder of the Deed of Trust and Note first hereinafter described and hereinafter referred to as <br />"Beneficiary"; <br />WITNESSETH <br />THAT WHEREAS, Owner has executed a Deed of Trust dated December 21, 2007 to OLD REPUBLIC TITLE <br />COMPANY, as Trustee, covering: <br />A CONDOMINIUM COMPRISED OF: <br />PARCEL ONE: <br />UNIT 720-12, AS SHOWN ON THAT CERTAIN CONDOMINIUM PLAN ATTACHED AS EXHIBIT "A" TO THE <br />DECLARATION OF RESTRICTIONS, RECORDED FEBRUARY 28,2007, SERIES NO. 2007.88505, OFFICIAL <br />RECORDS. <br />PARCEL TWO: <br />AN UNDIVIDED 1/14 INTEREST, AS A TENANT IN COMMON, IN AND TO THE BUILDING COMMON AREA LYING <br />WITHIN BUILDING 720, AS SHOWN ON SAID CONDOMINIUM PLAN AND BEING MORE PARTICULARLY DEFINED <br />Page 1 of 5 <br />
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