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HomeMy WebLinkAboutHECTOR L SOTO AND NILSA V SOTO SUBORDINATION AGREEMENT ......b " Book 01025:0538 Augusta - Richmond County 200505290811/17/200515:39:44.00 $0.00 AGREEMENT 1111111111111111111111111I111\11111I11111111111111111111111\ 2005052908 Augusta - Richmond County " Return to: County Attorney's Office 701 Greene Street, Suite 104 Augusta, GA 30901 STATE OF GEORGIA ) ) COUNTY OF RICHMOND ) G\_ T.H.IS AGREEMENT, made and entered into this 1.5i~ day of ~+. , 2005, by and between AUGUSTA, GEORGIA, a political subdivision of the State of Georgia (hereinafter referred to as "AUGUSTA"), and, CITIFINANCIAL SERVICES,INC" (hereinafter referred to as "BANK"); SUBORDINATION AGREEMENT WITNESSETH: WHEREAS, HECTOR L. SOTO AND NILSA V. SOTO, (hereinafter referred to as "OWNER") on August 13, 2004 gave to BANK a Security Deed to the property described on Exhibit A, to secure a ceIiain 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 945, page 1229. WHEREAS, OWNER has granted an Easement dated N oUtrnhtr ~ ).,1J1J6 to AUGUSTA across the property described on Exhibit A, the original of '\T. Ieh IS to be recorded in the Office of the Clerk of the Supenor Court of Richmond County, Georgia; and WHEREAS, BANK is willing to subordinate the lien of its said Security Deed dated August 13,2004 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 August 13, 2004, and recorded in the Office of the Clerk of the Superior Court of Richmond County, Georgia in Realty Reel 945, page 1229, is and forever shall be .' Book 01025:0539 Augusta - Richmond County 2005052908 11/17/2005 15:39:44.00 . 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. .J ~.,..." ~ '.~'" Its: . 'tIFid'.... , Ql ~ .::' ~ '? \ !C) rf"\ 0 c.~ ~ '/7 ...... v.J ,"" C"" ':. -". .', (0 ,...... I '.c.. ,_. ";\ I Ii I -v .-: ::iJ ;,'" '" ., 0 (J)! ~n (:> ~ I ::0 <DE ~,-> " t... ?:;~?J ..,...:; '>; &, ~v. r.~ ~~ '''1 \' \"";) ".,... "*'.11.. ...J.... \ .~~,..;~ ""!'f:aanu~\' ATTEST: Its: U ~..,.,.."'.. .~ "~ . \ .~.i~; "/'" .. ' .,' ",'<' IN' '. "'Public, State of A '" ," i I \ '_'~", ,," .. , ..r.' "~"'1>YP.'''''';'' !:l;~'i""C"'~' '-'O'Jr"1 Georg,'a ."" "L..... ) . ~ '. . .;-.,: ' ~~l ~ UU_t\.It ,\.t.,! .tl ../I,,,{ ~.."', \ In\!. . :;'.~ ~.. n~ )J J'; :': My Commission Ei:piHlS Cctobe'r 21 , 2000 .- ,'. \ I ", ;J.) , ,':::J :" ."?_'."" -(i 'j '\ '-.~),.'.... . -'.'" . . " . .' ,."'i~, .............. .' Book 01025:0540 Augusta - Richmond County -- 2005052908 11/17/2005 15:39:44.00 Exhibit A All that lot or parcel of land, with improvements thereon, situate, lying and being in the State of Georgia, County of Richmond, being known and designated as Lot 9, Block A, The Fair Woods Subdivision, as shown on a plat recorded in the Office of the Clerk of the Superior Court of Richmond County, Georgia, in Reel 327, pages 1108-10. Reference is hereby made to said plat for a more complete and accurate description of said property hereby conveyed. Said property is conveyed subject to Protective Covenants recorded in said Clerk's Office in Realty Reel 291, page 869, as amended in Realty Reel 327, page 1105. Map and Parcel No.: 128-0-130-00-0 Filed in this office: Augusta - Richmond County 11/17/2005 15:39:44.00 -- Elaine C. Johnson Clerk of Superior Court