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2Qi�Q�6�� 7300814050 WHEN RECORDED MAIL TO: GMAC Mortgage, LLC 1100 Virginia Drive Ft. Washington , PA 19034 Attn: Tamika Scott SUBORDINATION AGREEMENT THIS AGREEMENT, made November 25, 2011, by GMAC Mortgage LLC fka GMAC Mortgage Corporation, present owner and holder of the Note first hereinafter described and hereinafter referred to as "Beneficiary"; WITNESSETH: THAT Kim R Fandry and Kathleen M Fandry, Husband and Wife as joint tenants , ("Owner"), did execute a Deed of Trust dated 12/3/Ol, to Stewart Title Guaranty Company, as trustee, covering: SEE ATTACHED To secwe a Note in the sum of $49,895.36 dated 12/3/Ol in favor of GMAC Mortgage LLC tka GMAC Mortgage Corporation , which Deed of Trust was recorded on 12/10/Ol as Instrument No 200112666 Official Records. WHEREAS, Owner has executed, or is about to execute, a Deed of Trust and note in the sum of $64,910.00 aatea I� I 5] aa � l in favor of Wells Fargo Bank NA , hereinafter referred to as"Lender", payable with interest and upon the terms and conditions described therein, which Deed of Tnist is to be recorded concurrently herewith; 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 chazge upon the land hereinbefore described, prior and superior to the lien or chazge 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 chazge upon the above described properiy prior and superior to the lien or charge of the Deed of Trust first above mentioned and provided that Beneficiary 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 WHEREAS, it is to the mutual benefit of the parties hereto that Lender make such loan to Owner; and Beneficiary is willing that the Deed of Trust securing the same shall, when recorded, consritute a lien or charge upon said land, which is unconditionally prior and superior to the lien or chazge of the Beneficiary's Deed of Tnist first above mentioned. (1) That said Deed of Trust securing said note in favor of Lender, shall unconditionally be and remain at all times a lien or charge on the property therein described, prior and superior to the lien or charge of the Beneficiary's Deed of Trust first above mentioned. (2) That Lender would not make its loan above described without this Subordination Agreement. (3) Nothing herein contained shall affect the validity or enforceability of Beneficiary's Deed of Trust except for the subordinarion as aforesaid.