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200208473 Subordinating Party further agrees that: 0000981039 1. Subordinating Party will not exercise any foreclosure rights with respect to the Property, will not accept a deed in lieu of foreclosure, and will not exercise or enforce any right or remedy which may he available to Subordinating Party with respect to the property, without at least thirty (30) days' prior written notice to LENDER. All such notices shall be sent to: WELLS FARGO HOME MORTGAGE, INC. P.O. BOX 4148 FREDERICK, MD 217054148 2. Any future advance of funds or additional debt that may be secured by the Subordinating Party's Mortgage /Deed of Trust including, without limitation, additional debt created by any shared appreciation or negative amortization provisions of the Subordinating Party's Mortgage/Deed of Trust (together, 'Future Advances', shall be subject to the provisions of this Mortgage Subordination Agreement. the Mortgage /Deed of Trust securing the Note in favor of LENDER, and any renewals, extensions, or modifications of it, will be and shall remain a lien no the Property prior and superior to any lien for Future Advances. 3. this Agreement is made under the laws of the State in which the Property is located. It cannot be waived, changed, or terminated, except by a writing signed by both parties. This Agreement shall be binding upon Subordinating Party and the heirs, representatives, successors and assigns of Subordinating Party, and shall inure to the benefit of, and shall be enforeceable by LENDER and its successors and assigns. Subordinating Party waives notice of LENDER's acceptance of this Agreement. EMCWL 0214/02