HomeMy WebLinkAboutHENRY E MAGNUSEN JR WACHOVIA BANK
B k 01100:0366 Augusta - Richmond County
2~0~OO2542 01/16/200715:23:13.00
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2007002542 Augusta - Richmond County
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Return to:
County Attorney's Office
701 Greene Street, Suite 104
Augusta, GA 30901
STATE OF GEORGIA )
)
. COUNTY OF RICHMOND )
SUBORDINATION AGREEMENT
7-11-.
TfIIS AGREEMENT, made and entered into this 2 day of
NOlltV"\ V)t.~ ,2006, by and between AUGUSTA, GEORGIA, a political subdivision
of the State of Georgia (hereinafter referred to as "AUGUSTA"), and W ACHOVIA
BANK, NATIONAL ASSOCIATION (hereinafter referred to as "BANK");
WITNESSETH:
WHEREAS, HENRY E. MAGNUSEN, JR. (hereinafter referred to as
"OWNER") on June 27, 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 1001, page 782.
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 27, 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,
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Book 01100:0367 Augusta - Richmond County
200700254201/16/2007 15:23:13.00
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dated June 27, 2005, and recorded in the Office of the Clerk of the Superior Court of
Richmond County, Georgia in Realty Reel 1001, page 782, 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.
W ACHOVIA BANK, NATIONAL ASSOCIATION
BY: ~/!d/Ue7~
Its:
, it'ramiC8 Tolliver
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ATTEST: ~.u..Lr.~!n," r!-il tJ07L
J<ELLE M. CA CON
Its: :assISTANT SECRETP-RV
Notary
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AMY -(HOMPSON
COUNTY Of OOANOI<E
My eoo-~ion expires
July 31,2010
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Book 01100:0368 Augusta - Richmond County
200700254201/16/2007 15:23:13.00
Exhibit A
All that lot or parcel of land, with any improvements thereon, situate, lying and being in the
State of Georgia, County of Richmond, being known and designated as Lot 1, Block C, Phase
I, of Pointewest Subdivision, as shown on a plat recorded in the Office of the Clerk of the
Superior Court of Richmond County Georgia in Realty Reel 284, pages 2279-2287; reference
is hereby made to said plat for a more complete and accurate description as to the metes,
bounds and location of said property.
Tax Map Ref# 018-0-433-00-0
2957 Pointewest Drive, Augusta, Georgia 30909
Filed in this office:
Augusta - Richmond County
_0_1/j6/200715:23:13.00
Elaine C. Johnson
Clerk of Superior Court