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1 .�'�i� <br /> ��I �x <br /> 1 l _". <br /> • <br /> uY'x'I � ' + � —.�...a._�1. i...a�r�--- <br /> . �. <br /> J S � � y • �y�ar <br /> ... <br /> 1 �Zk]} '• . .. . <br /> e.�. '.. ..__ ___.�__._—___ _�.�_._. �:L�.�' �� �����''.1'llkt��`'i.ilr: i_�e '1�.'- -_ <br /> � � ' 98�- i130B5 <br /> For the reasons set forth above,and in cansideration of the mutual covenants and <br /> promises of tlie parties hereto,trustor and t,eneficisry covenant and agree as follows: <br /> SECTION ONE <br /> SUBORDINATION <br /> As an inducement to lender to�rant such loan to trustor,beneficiary and trustee hereby <br /> subordinate the above-described trust deed of ,7UNE 1 ,1 y 95 ,in <br /> favor of beneficiary,to thc trust deed in favor of lender that is being recorded with this <br /> agreement. Beneficiary and trustee further agree that th:,lien of the trust deed in favor of lender <br /> shall be and is in all respects s lien prior and superior to the lien of the trust deed in favor uf <br /> beneficiary. <br /> SECTION TWU <br /> APPROVAL OF LOAN TERMS <br /> The terms of the loan from lender to trustor are as follows: <br /> LOAN AMOLtNT: $53,475.00 RATE: 6.50% <br /> TERMe 360 MOIVTHS <br /> Heneficiary hereby approves ell the terms of such loun. <br /> SECTION THREE <br /> INUREMENT;BINDINCi EFFECT <br /> This agreement shall inure to the benefit of lender,its successors and assigns,and shall be <br /> binding on beneficiary and trustor and their respective succc,ssors and assigns. <br /> In witness whereof,the parties have executed this agreement at Gx��rm Isr�tWD <br /> AtEBRp,stcA on 1 e Dfcc 6tr..3 cV2 ,19�. <br /> IiALL COUNTY HOUSING AUTHORITY <br /> Ben�fi 'ary <br /> BY c <br /> = Gt�A�IZr.,.o.� <br /> - (Title) _ <br /> � <br /> � I hereby consent to the above subordination and agree to be bound by it. <br />-.� � <br /> = i rusi�e <br /> J' R. BROWNELL, ATfORNEY <br /> 1 <br /> � <br /> � � . �.. _ __ _._ ___..__. <br />