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L. <br />2ooso~234 <br />(c) It intentionally and unconditionally waives, relinquishes and subordinates the lien of the <br />Existing and Continuing Security Instrument in favor of the lien or charge upon said land of the <br />New Security Instrument and understands that in reliance upon, and in consideration of, this <br />waiver, relinquish and subordinate specific loans and advances are being and will be made and, <br />as part and parcel thereof, specific monetary and other obligations are being and will be entered <br />into which would not be made or entered into but for said reliance upon this waiver, <br />relinquishment and subordination. <br />NOTICE: THIS SUBORDINATION AGREEMENT CONTAINS A PROVISION WHICH ALLOW <br />THE PERSON OBLIGATED ON YOUR REAL PROPERTY SECURITY TO OBTAIN A LOAN A <br />PORTION OF WHICH MAY BE EXPENDED FOR OTHER PURPOSES THAN IMPROVEMENT <br />OF THE LAND. <br />MORTG E ELECTRONIC REGISTRATION SYSTEMS, Inc. ("MFRS") as nominee far BANK OF <br />AMERI A N.A., su essor b erger to COUNTRYWIDE BANK, F.S.B. <br />Dani Ile Ivers, ice President <br />