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t 200408622 referred to as lender, but lender requires that such loan be secured by a trust deed that will be prior to the trust deed in favor of beneficiary. d. Beneficiary is willing to subordinate the lien of the trust deed in their favor insofar as it encumbers the above - described premises, to the trust deed made in favor of lender in order that trustor may obtain such loan fromrr lender. Said Deed of Trust securing lender's lien was recorded on A gn1J at Document No. �-'�'�� O Z' , in the Office of the Hall County Register of Deeds. For the reasons set forth above, and in consideration of the mutual covenants and promises of the parties hereto, trustor and beneficiary covenant and agree as follows: SECTION ONE SUBORDINATION As an inducement to lender to grant such loan to trustor, beneficiary and trustor hereby subordinate the above - described trust deed of February 14, 1998, in favor of beneficiary, to the trust deed in favor of lender that is being recorded with this agreement. Beneficiary and trustor further agree that the lien of the trust deed in favor of lender shall be and is in all respects a lien prior and superior to the lien of the trust deed in favor of beneficiary. SECTION TWO APPROVAL OF LOAN TERMS The terms of the loan from lender to trustor are as follows: Loan Amount: $56,100.00 Term: 180 MONTHS Initial Rate: 5.750% Beneficiary hereby approves all the terms of such loan. SECTION THREE INUREMENT; BINDING EFFECT This agreement shall inure to the benefit of lender, its successors and assigns, and shall be b�nc�mg onbenef�ciazy and kx,, %kor ww& *me -T respective successors and assigns. I