HomeMy WebLinkAboutCHARLIE P CATHCART SR AMERI-K CORP
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Book 01185:2230 Augusta - Richmond County
2008034686 07/25/200814:25:38.00
$0.00 AGREEMENT
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2008034686 Augusta - Richmond County
Return to:
James T. Plunkett
701 Greene Street, Suite 104
Augusta, GA 30901
STATE OF GEORGIA )
)
COUNTY OF RICHMOND )
MIS AGREEMENT, made and entered into this 0'3 day of
,2008, by and between AUGUSTA, GEORGIA, a political subdivision
of th State of Georgia (heremafter referred to as "AUGUSTA"), AMERI-K
CORPORATION, (hereinafter referred to as "BANK");
1 '
SUBORDINATION AGREEMENT'
W IT N E SSE T H :
WHEREAS, CHARLIE P. CATHCART, SR. (hereinafter referred to as
"OWNER") on May 31, 2007 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 1126, page 1846.
WH~ . OWNER has granted an Easement dated
06 dA~ ~J?J:#f5 to AUGUSTA across the property described on Exhibit A,
the original of wliich 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 May 31, 2007 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 May 31, 2007, and recorded in the Office of the Clerk of the Superior Court of
Richmond County, Georgia in Realty Reel 1126, page 1846, is and forever shall be
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Book 01185:2231 Augusta-Richmond County
200803468607/25/2008 14:25:38.00
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.
Its: I
AM~RPORATIO~
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