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�, ; <br /> . � ---,.�.: <br /> `t�71 1 , . ...r�•�'.r b'� ro'v.�, .. . � . , - .. ..��n._ _L...-_ � -._ <br /> i� ' l� � '.aJ��3L. n�:�`.�E�:�_...���•..�' � _� <br /> �_.__ _•.fiid.S�tS �'h� i... ...� ��:N� � � f1r-.��';�- - _ <br /> . .. h"___-_..-..._.t."___ �__ . .. �_'__"-�'��� - <br /> �- � .. _. ._..- �- ... .._ -_ <br />_'.. . . - . I�aYWVlAOwlwe�a_ .vvtvctisr'�.yf' . ..-.._"_'_"... ,.. . . .-_..z ..._._-.. _ . <br /> f{�9l�edLkW.at«-._1...:.�p�.,1qT..+.�+�.:. � . . . ..__ - ..�._ . ' _ <br /> r <br /> .. <br /> 97— so'�'�8 <br /> For the rettsans set forth ubove,and in considerntion of the mutual c�venants nnd <br /> promises of the parties hereto, trustor and beneficiary covenant and agree ss follows: <br /> SECTION ONE <br /> SUBORDINATION <br /> As an inducement to lender to grant such loan to trustor,beneficiary and trustee hereby <br /> subordinate the above-describ�d tnist deed of MAY 25 ,1994 ,in <br /> favor of beneficiary,to the trust deed in favor of lender that is being recorded with this <br /> agreement.Beneficiary and trustee fiarther agree that the lien of the trust deed in favor af lender <br /> shall be anci is in all respects a lien prior and superior to the lien of the trust deed in favor of <br /> beneficiary. . <br /> SECTION TWO <br /> APPROVAL OF LOAN TERMS <br /> The terms of the loan&oan lender to trustor are as follows: <br /> IIJPIItFSP RATE s 8.00% <br /> TERM: 180 MONI'HS <br /> THIS LOAN WILL SF,CURE 1617 N ELM AND 1615 N ELM. <br /> Beneficiary hereby upproves all the t�rms of such loan. <br /> SECTION TNREE <br /> INUREM�NT;BINDINC�EFFECT <br /> This agreement shall inure to the benefit of lender.its successors and assfgns,eutd shall be <br /> binding on beneficiary and trustorand their respective successors and essigns. <br /> In wimess whereof,the pardes have exeeuted this agreemont at c�R�t►t�m isr�►ND <br /> NEatRASItA on co��r�2 .1�9'7 <br /> .�C��t1f�r d�Y3 rwl�nd <br /> Hcncfiiciary <br /> By <br /> (Title) <br /> I hereby consent to the above subordination and agree to be bound by it. <br /> .�.Gb/1��ct� <br /> � T ee <br /> � <br /> � _ <br />