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<br />RETURN TO: Rt.+'iiYw- '.
<br />WORLDWIDE RECORDING, INC.
<br />9801 LEGLER RD
<br />LENEXA, KS 66219 SUBORDINATION AGREEMENT
<br />1-301).316-4682 OO'\U~P.{d-1Y C:f37 ;)0 I
<br />
<br />The undersigned subordinator and owner agree ~liws: 4
<br />1, Citifinaneial, IDe referred to herein as "subordinator", is the owner of a
<br />mortgage dated 02/2412006 in the original principal indebtedness of $15,618.63
<br />which is recorded in official records dated 03/0712006, DOCUMENT
<br />0110601PS&r(
<br />;{-~OOfoO'" S'O
<br />2. Frank J. Kucera, Jr, and Theresa L. Kucera referred to herein as "owner", is
<br />the owner of all the real property described as follows:
<br />
<br />SEE EXHIBIT A,
<br />
<br />3,
<br />
<br />Whereas owner has executed, or is about to execute, It mortgage in favor of Plaza
<br />Home Mortgage. Inc. referred to herein as "lender, "'in the sum not to exceed
<br />580,169 is the owner ami holder of this mortgage dated 1-110 -cl2 ' executed
<br />by (which is recorded in official records in Mortgage
<br />Book ~ at Page _, of the public recordS, of _tt6. L \ county, in the
<br />state of ~ ,)(Which is to be recorded concurrently herewith),
<br />1c: Da-ootSOfa9'i1 ..l{ WIth. O'le(~ CAS nDII1/f\..U.,
<br />In consideration of benefits to "subordinator" from "owner", receipt and
<br />sufficiency of which is hereby acknowledged, and to induce "lender" to advance
<br />funds under its mortgage and all agreements in connection therewith, the
<br />"subordinator" does ~ereby subordinate theJien of his mortgage idep,tif;iedJn
<br />Paragraph 1 above to the lien of "lender's" mortgage. identified in Paragraph 3
<br />above, and all advances or charges made or accruing thereunder, including any
<br />extension or renewal thereof.
<br />
<br />4,
<br />
<br />5.
<br />
<br />"Subordinator" acknowledges that. prior to the execution hereof, he has had the
<br />opportunity to examine the terms of "lender's" mortgage, note and agreements
<br />relating thereto, consents to and approves same. and recognizes that "lender" has
<br />no obligation to "subordinator" to advance any funds under its mortgage or to see
<br />to the application of "lender's" mortgage funds, and any application or use of
<br />such funds for the purposes other that those provided for in such mortgage, note
<br />or agreements shall not defeat the subordination herein made in whole or in part,
<br />
<br />6,
<br />
<br />It is understood by the parties hereto that "lender" would not make the loan
<br />secured by the mortgage in Paragraph 3 without this agreement.
<br />
<br />7,
<br />
<br />This agreement shall be the whole and only agreement between the parties with
<br />regard to the subordination of the lien or charge of the mortgage first above
<br />mentioned to the lien or charge of the mortgage in favor of "lender" above
<br />referred to any prior agreements as to such, or any, subordination including, but
<br />not limited to, those provisions, if any, contained in the mortgage first above
<br />mentioned, which provided for tht1 subordination of the lien or charge thereof to a
<br />mortgage or mortgages to be thereafter executed,
<br />
<br />8.
<br />
<br />The heirs, administrators, assigns and successors in interest of the "subordinator"
<br />shall be bound by this agreement, where the word "mortgage" appears herein it
<br />shall be considered as "deed of trust", and gender and number or pronoWlS
<br />considered to conform to undersigned.
<br />
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