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200104522 be subordinated to the lien of tip mcm execute by Borrower to Countrywide Home Loans dba Americas Wholesale Lender "" , w which has agreed on the conditions provided herein, NOW THMITORE, intebding to be legally bound hereby, the undersigned agree as follows_ I. That the lien of mortgage executed by the Borrower w E u i t a b l e B u i l d i n d and Loan is and shall be subor4mled to the lien of the mortga a exrcttted by the Borrower to Cc)untr.ywidP HQmP Loans dna,Americas Wholesale Len er__ provided, however, that the lien of the mortgage to —dui t ahl? B ij i 1 t7 i n g & T . n a j Assoc. shall be su ro lien f the w _ countrywide Home Loans d_ ba Americas Wes_ it olesale 1�en ec�rps` only w the extent that the hen of the mortgage to and L o n Assoc. is a result of this subordination Agreement, a validly perfect fast lien security interest in the above - described property. 2. That the mortgage executed by the Borrower to -EQUit-able Building and Loan Assoc is and shall he subordinated both in lien and payments to the mortgage executed by the Borrower ta _ Cnti n t ryw i de HnmP T,oans r3 h a AMp r i rr a c 19h o 1 e s n 1 P T. P n ri p r , to the exWM That V mortgage to __Ccrttntrywidp Home T.nans dba Americas Wholsale Lender is, aS a result of Mis Subordination Agreement, a validly pelfeet first lien security interest in the above- described Property- 3. Thaw the extent the mortgage of _dba A m- r i c a S W b i 1 e, a 1 e I� %lt of this Subordination Agreement, a validly perfect first lieu security interest in dw eve- described property, the lien of the monsage oxecuted by Borrower to shall pot be affected or impaired by a judicial salt under a judgment recovered wilder the mortgage made by die W4 Borrower to Eauit-able Building & Loan Assoc but any such sale shalt be subject to the lien of the said morn ge executed by the Bo over to Countrywide Homg Loang dba Americas Wholesale Lender as well as arty judgment obtaiwrd upon the bond or now secured thereby. 4. TIM vhe ,EguitabI Building and Loan Assoc _ shall no* in writing of any default under the terms of the moripge executed by the Borrower to li,�lt�lalo 8taildincl 3 Than Accnratl an Al "712U(9802) Clit. (Dam) Pane 3 of 4 Initials: D D