Laserfiche WebLink
200311901 <br />Prepared by za&n6w*AQ:t <br />380936 <br />B/Mike Lundblad <br />Mortgage Investors Corporation <br />6090 Central Avenue <br />St. Petersburg, Florida 33707 <br />Return To: <br />General American Corporation <br />300 Gulf Tower, 707 Grant St. <br />Pittsburgh, PA. 15219 <br />First Mortgage Recording Dept. <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 07/21/03, by and between <br />CITIFINANCIAL, INC. <br />, hereinafter referred to as "beneficiary "; and Amerigroup Mortgage Corporation, a <br />division of Mortgage Investors Corporation, hereinafter referred to as "lender "; and, <br />TERRY L. ORR AND VIRGINIA C. ORR <br />hereinafter referred to as 'owner ". <br />WITNESSETH <br />THAT WHEREAS, <br />TERRY L. ORR AND VIRGINIA C. ORR, owner, did execute a deed of trust to <br />as trustee, in favor of <br />CITIFINANCIAL, INC.; said deed of trust dated 01/22/03 , recorded 01/24/03 <br />, as Document No. 2003 R)e mul a&&igned to <br />by ias=mer}t-da ed n fe,.,._a_a <br />, Official Records of Hall county, securing a note in the amount of 12,329.18 <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$ 113,409.00 , 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 />