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After Recording, Return To: n n cn u <br />�^ <br />o <br />m (A o � <br />Montgomery Home Title, Inc. <br />Z z �:A_ <br />N <br />rTl <br />n n z <br />9701 West Higgins Road, Ste. 240 z v o F —+ <br />o <br />, <br />Rosemont, Illinois 60018 _ �',= z -` <br />0 <br />LZ <br />847- 698 -3900 o o ? :�_ <br />w <br />Prepared bym*�� <br />CD <br />335124 .W <br />B/Mike Lundblad • <br />-J <br />_ <br />N <br />r-r <br />Mortgage Investors Corporation ry y <br />c.0 <br />6090 Central Avenue <br />St. Petersburg, Florida 33707 C s <br />N <br />CD <br />cn <br />�. <br />0 <br />SUBORDINATION AGREEMENT <br />NOTICE: THIS SUBORDINATION AGREEMENT RESULTS IN YOUR <br />SECURITY INTEREST IN THE PROPERTY BECOMING SUBJECT TO AND OF <br />LOWER PRIORITY THAN THE LIEN OF SOME OTHER OR LATER SECURITY <br />INSTRUMENT. <br />THIS AGREEMENT, made on 02/28/03, by and between <br />CITIFINANCIAL INC <br />o <br />, hereinafter referred to as "beneficiary"; and Amerigroup Mortgage Corporation, a <br />division of Mortgage Investors Corporation, hereinafter referred to as "lender "; and, <br />S <br />JAMES E PEDERSON <br />o <br />hereinafter referred to as "owner ". <br />WITNESSETH <br />THAT WHEREAS, <br />JAMES E PEDERSON, owner, did execute a deed of trust to <br />as trustee, in favor of <br />CITIFINANCIAL INC; said deed of trust dated 08/14/02 , recorded 08/21/02 <br />as Document No. INSTR# 0200208748 , assigned to <br />by instrument dated , and recorded as Document No. <br />, Official Records of Hall county, securing a note in the amount of 11,511.78 <br />encumbering the land described as: <br />SEE EXHIBIT A ATTACHED AND MADE PART HEREOF. <br />WHEREAS, Owner has executed, or is about to execute, a deed of trust and note in a <br />sum not to exceed$ 69;692:90 U7 SI C ca, plus interest, advances for taxes and/or <br />insurance premiums on said property in favor of lender, payable with interest and upon <br />the terms and conditions described therein, which deed of trust is to be recorded <br />concurrently herewith; and <br />WHEREAS, It is a condition precedent to obtaining said loan that said deed of trust last <br />above mentioned shall unconditionally be and remain at all times a lien or charge upon <br />the land herein before described, prior and superior to the lien or charge of the deed of <br />trust first above mentioned; and <br />casub2- 1.uff /ca subordination agreement (2nd)pl of 3 <br />►f <br />i <br />