Laserfiche WebLink
,..^� <br />� <br />.� <br />� <br />N � � <br />m � <br />� <br />� � <br />� � <br />B <br />�� � � �� <br />� � <br />� <br />� <br />� <br />� <br />C <br />=nv <br />A V� � <br />� _ <br />n r ' <br />2 7�. ''"`: <br />n v+ "�-. <br />� �' � � <br />s, �.��.; c:.a <br />r*, �y._ �1 <br />�� S <br />r�'�'���:..� Cti) <br />� r (J"1 <br />� �� �,�� <br />Q � � ""'�.,.� <br />� � <br />f�7 <br />C.G� <br />53�48���wr[orr nax�a�rr <br />THlS AG�1' mado and cxocwod this �* day of pciobvr, 2030 by Five Poinb 8au15 <br />Gaoiaattar mfcrrvd to aa "3ubaidinoriag Credicot' (w�patha oae vr mare), for the bcaafit of HdME FEI?�AL 3AVA1G9 ANA <br />C.OAN ASSOCIATloN pT' OYtAND YSLANI7� hwa;nafto� refarrod w as �sacured Psrr�'. <br />VVTf1�'SSBL�'!'13: <br />WFI�R�AS, Todd C Jacabeoa md Rhonda M 7acobeoa, (whed�w ona w mazo),1�eseinattar refca�d tv at "17ebwr', hae <br />prmkd to the 3ubvrdiaaSiaQ GYoditnr � Mortgago or Deed of'hasc dated May 13, 2005 and 5kd in fhe o�ce of the Flall Caunty <br />Re�iatar of Deeda, on the 21at day af May, 2U08, a� Aoa�mant No. 20Q804418 ia respeat w that raal e�n de�ed as: <br />- Y.ot Bleveu (1 I), 7effiroy Qake Sbcth Subdivi�iqa, ia dw Ciry oPQraud [alqnd, Hall Cwnry, Nab�ra. <br />WE�REAS, the Seaured Pdrty hs8 a$re0d t0 ontoC into s loan trumacdon with the X�tor, who[�mby ce[taiu ftuids aro to be <br />adv�acvd to t6e Aebtor conditional upon tha Debror p�ovidmg t}w Seou:od Party wIt4 a&at IIaa ia �ospvvt oo tha above daari'bod raa! <br />ap�oe, hareinsRar rafonad W Aa the "Collsterel"� and <br />WHERF.AS, tlw Subordiondn� c�itor h w�71mg w eubortlinata aay Gea it may havc ai rupocd oo tho CoUataxl by rtaaon of <br />Subord�nadn� Craditor'e Mortgaga vr �ead vf 7tuat of r000rd w porRect axuriry wha�ever and whaeever �ed 'm ordw W eaaiu�e tLc <br />Socarod Puty of s firn lian postdfon in and W the Cvllstwal; <br />NOW, THF�FORE, it ia aEroed: <br />1. The Subvrdiru�Ang (�aditor haeby conseufs ro a stsbvrdiaatioa of its prioriry poaidoa tv tha Soc�a�ed Party end ageea 14at <br />ita lien ia rea�ect to thc Mo�age or Ihed of T'rust hareioebvva doscnbod, if any bb9{I M1L AU NIn06 b6 9�dlY IO 5�10 C%IC�t Lp'pip <br />providcd and eubjxt to tho liau of the Socured Party in �o�poct Do the Collntorsl, <br />2. Tho Subordinedng GYediWr haxby coaeents to thc Debtor grantin� Secured Pnrty a first lica ia a11 thc CoUaceral as <br />doacrlbed ebove w aeaure i�ebtedaas to be advanccd W Acbwr by Secured Puty. fn the orlginel principsl amoimt of Oae Hundrod <br />'I�vo One Iiundrod Fifty & 00/1001h Dollare (S,1 ,0�2,150.00� ia tbe oPGce vf t�e Hall Corouaty ktegiatar of Deed� on <br />the dry vf Qctobor, 2010 aa Aoaunaat No. a,lC� C`. - � <br />3. So loag aA an obligaHon ia ouWtaadin� fmm the Aebtpr to t4o Soc.wed P�uty £or indebtedaeee avideaced by Promisaory <br />Nveea or Mher ioskumwp of iadobtadme� to the e�ant haein providod ln Pua�h 2, t6e Secwed Parly'a intareet fa thc Collatcrel <br />c}ull hnve prioriry w over t6e lien of ihe Subosdinsdpg (�vditvr iu thot Collaurnl, wd Tha 5ubo:+dipsdu� (�ediWr't lntecrat iu t6nt <br />Collararul ia� fu aU respevn, aubjat aad su6ordionto w tha wa�riry inua�ese of tLe $ecuied Parry ro tl►e a�irt of �6e prLxipal wm yee <br />owis� w Securod pury in nepect to thm fadebta�ws dacnbod in P�ragraph Y alang with i�t and com aRocable thercto, howevar <br />evidcncad. <br />4. So loag ag any poitiou of tlu deaciibod obligadon W�v Seaasvd PaRy is oat�ding aad uuprid, Wv proviaioue of tha <br />Docd of'Yhut or odur maar�mwt oYiecwiry bctaweu the 17ebOpr sud thv Soaurod Party are conhollmg ae 10 Uro Collataal "m which <br />Socurad Party ia to have a 6iat teauritY ir+twest, iaah�dJn� +mY t�a the+a is a aaatliat botwaea it qad fhe pwvisiona vf aay lion <br />iathument �rantad to tha Swbordinstio� G�vditar bY ftw Dabta�. <br />n cr. <br />� � <br />c� � <br />� --+ <br />--i � <br />� c� <br />c,7 � <br />-r7 ..,. <br />�� �.il <br />x-� m <br />r � <br />P""' IY <br />(/� <br />7t <br />A <br />� �. <br />Cr� <br />cn <br />� <br />t'ti] <br />� <br />� <br />� <br />C=7 <br />-�1 <br />C� <br />^� <br />C� <br />m <br />� <br />CJ <br />� <br />� <br />� <br />�./a <br />.�C�7 <br />� <br />� <br />fl <br />Z <br />� <br />Z <br />� <br />�� <br />a <br />_ � <br />�'� O <br />y � , <br />5, 17iis A�eqnaaeut ie a ooadauing, nbcotuta wd upvopdfdoa�d agrcameat of N6ordioatioa witl� mRard w t1w validlry or <br />enfortep6llity of the Prva�sory Notea or other ioatrnmaata of iqdebkdaca.t botwoca� iho Dobtor aod 11�o Sbsurod Parry avidaaciag <br />