HomeMy WebLinkAboutBENEFICIAL MORTAGE CO OF GA
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Book 01093:2532 Augusta - Richmond County
2006056202 12/12/2006 15:41 :35.00
$0 00 AGREEMENT
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2006056202 Augusta - Richmond County
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Return to:
County Attorney's Office
701 Greene Street, Suite 104
Augusta, GA 30901
STATE OF GEORGIA )
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COUNTY OF RICHMOND )
\'\."'_ THIS AGREEMENT, made and entered into this \ I day of
~.k{'pJY\tQl , 2006, by and between AUGUSTA, GEORGIA, a political subdivision
of the State of Georgia (hereinafter referred to as "AUGUSTA"), and BENEFICIAL
MORTGAGE CO. OF GEORGIA, (hereinafter referred to as "BANK");
SUBORDINATION AGREEMENT
WITNESSETH:
WHEREAS, HAWTHORNE E. WELCHER, SR. aka HAWTHORNE E.
WELCHER and DEBORAH K. WELCHER, (hereinafter referred to as "OWNER") on
November 29,2005 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
1027, page 800.
WHEREAS, OWNER has granted an Easement dated
N/)UefhtU...- L~ :J...iJ/)~ 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 November 29, 2005 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 November 29, 2005, and recorded in the Office of the Clerk of the Superior Court
Signed, Sealed and Delivered in
~esence of: ,
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Unofficial Witness ':')r l" .J (I<.A .-
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OFFICIAL SEAL
GLENN A BRANDSTATTER
NOTARY PUBLIC - STATE OF ILLINOIS
MY COMMISSION EXPIRES:06/01/09
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Book 01093:2533 Augusta - Richmond County
2006056202 12/12/2006 15:41 :35.00
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of Richmond County, Georgia in Realty Reel 1027, page 800, is and forever shall be
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.
BENEFICIAL MORTGAGE CO.
OF G ORGIA
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Notary Public, State of '"XQj (\ v is
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Book 01093:2534 Augusta - Richmond County
200605620212/12/200615:41:35.00
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Exhibit A
ALL THAT LOT OR PARCEL OF LAND, SITUATE, LYING AND BEING IN RICHMOND COUNTY,
GEORGIA, IN A CERTAIN SUBDIVISION KNOWN AS BELAIR HILL ESTATES, SECTION II, AND
BEING MORE PARTICULARLY KNOWN AND DESCRIBED AS LOT NO.6, IN BLOCK E, OF
SECTION II, OF BELAIR HILL ESTATES SUBDIVISION, AS SHOWN ON A PLAT OF SAME
RECORDED IN THE OFFICE OF THE CLERK OF THE SUPERIOR COURT OF RICHMOND
COUNTY, GEORGIA IN PLAT BOOK 20-Y, PAGE 252, TO WHICH PLAT REFERENCE IS HEREBY
MADE FOR A MORE COMPLETE AND ACCURATE DESCRIPTION OF THE METES, BOUNDS,
COURSES, DISTANCES AND LOCATION OF SAID PROPERTY.
THE ABOVE DESCRIBED PROPERTY IS CONVEYED SUBJECT TO RESTRICTIVE COVENANTS
AND APPLICABLE UTILITY EASEMENTS CONTAINED IN AN INSTRUMENT RECORDED IN THE
OFFICE OF THE CLERK OF SUPERIOR COURT, RICHMOND COUNTY, GEORGIA IN REEL 260,
PAGE 1384.
TAX MAP OR PARCEL ID NO.: 052-0-121-00-0
3907 Barrett Street, Augusta, Georgia
Filed in this office:
Augusta - Richmond County
1211212006_15:41~35.0<l
Elaine C. Johnson
Clerk of Superior Court