HomeMy WebLinkAboutALBERT R & HARRIET L FAIISON SUBORDINATION AGREEMENT
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Book 01174: 1 064 Augusta - Richmond County
2008022985 04129/2008 13:24:29.01
$0.00 AGREEMENT
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2008022985 Augusta - Richmond County
Return to:
James T. Plunkett
701 Greene Street, Suite 104
Augusta, GA 30901
STATE OF GEORGIA )
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COUNTY OF RICHMOND )
SUBORDINATION AGREEMENT
THIS AGREEMENT, made and entered into this 4th day of
April ,2008, by and between AUGUSTA, GEORGIA, a political subdivision
of the Stat~ of G~orgia (hereinafter referred to as "AUGUSTA"), and Mortgage--
,Electronlc ReglstFatlon (h . aft' .c. d t "BANK")
S t I S 1 ' erem er relerre 0 as ;
ys ems, nc. as 0 e
Nominee for EverHome Mortg~Re ComQ?~
wITNE~SETH:
WHEREAS, ALBERT R. FAISON AND HARRIET L. FAISON, (hereinafter
referred to as "OWNER") on June 11, 2003 gave to BANK a Security Deed to the
property described on Exhibit A, to secure a certain indebtedness to BANK and said
Security Deed is recorded in the Office of the Clerk of the Superior Court of Richmond
County, Georgia, in Realty Reel 863, page 2448.
WHEREAS, OWNER has granted an Easement dated
to AUGUSTA across the property described on Exhibit A,
the original of which is to be recorded in the Office of the Clerk of the Superior Court of
Richmond County, Georgia; and
WHEREAS, BANK is willing to subordinate the lien of its said Security Deed
dated June 11, 2003 to any interest that AUGUSTA may have in the above referenced
easement.
NOW, THEREFORE, in consideration of the premises and the mutual
covenants and promises hereinafter contained and the duties to be undertaken, BANK
does hereby agree and declare that the lien of the Security Deed from OWNER to BANK,
dated June 11, 2003 and recorded in the Office of the Clerk of the Superior Court of
Richmond County, Georgia in Realty Reel 863, page 2448 is and forever shall be
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Book 01174: 1065 Augusta - Richmond County
2008022985 04/29/2008 13:24:29.01
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subject, subordinate and inferior in lien right and dignity at all times to the easement from
OWNER to AUGUSTA which is to be recorded in the aforesaid Clerk's Office.
WHEREFORE, BANK has caused this instrument to be executed by its duly
authorized officers and seal affixed, all on the date above first written.
Mortgage Electronic Registration Systems, Inc. as Sole Nominee for
EverHome Mortgage Company
BY: ~ ~~
Its: Vice President
ATTEST: ~. """-I>- ~
Its: Assistant Vice President
Signed, Sealed and Delivered in
l1K::ncu
Unofficial Witness
Filed in this office:
Augusta - Richmond County
04/29/2008J3:24:29.01__ _
~-Elaine C. Johnson
Clerk of Superior Court