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Home My WebLink AboutMARGARET JAMES -SUBORDINATION " .. ~ 1 f ,... r..' ~. Book 00989:0021 Augusta - Richm~nd County 2005023968 05/04/200516:17:17.00 ~n\ill~11 U~illlID\nl~Mnlllll IIIII IIIII IIII 1111 2005023968 Augusta - Richmond County Return to: County Attorney's Office 701 Greene Street, Suite 104 A.ugusta, GA 30901 STATE OF GEORGIA ) ) COUNTY OF RICHMOND ) SUBORDINATION AGREEMENT ~ THIS AGREEMENT, made" and entered into this 16 day of ~ ~, 2005, by ~nd between AUGUSTA, GEORGIA, a political subdivision of the State f GeorgIa (heremafter referred to as "AUGUSTA"), and SUNTRUST BANK, N.A. f/n1a TRUST COMPANY BANK OF AUGUSTA, N.A. (hereinafter referred to as "BANK"); WITNESSETH: WHEREAS, MARGARET J. JAMES (hereinafter referred to as "OWNER") on April 22, 1991 gave to BANK a Security Deed to the property described on Exhibit A, to secure a certain indebtedness to said BANK and said Security Deed is recorded in the Office of the Clerk of the Superior Court of Richmond County, Georgia, in Realty Reel 357, page 879. \VHEREAS, OWNER has granted an Easement dated JttAlA.4r1 13 :J.. Oo~ to AUGUSTA across the property described on Exhibit A, the original of which is to be recorded simultaneously herewith 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 April 22, 1991 to any interest that AUGUSTA that may 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 April 22, 1991, and recorded in the Office of the Clerk of the Superior Court of / " Book 00989:0022 Augusta - RiChmOnd'Co~n~~- ~ 200502396805/04/2005 16:17:17.00 " Richmond County, Georgia in Realty Reel 357, page 879 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 contemporaneously herewith. WHEREFORE, BANK has caused this instrument to be executed by its duly authorized officers and seal affixed, all on the date above first written. SUNTRUST BANK, N.A. F/N/A TRUST COMPANY BANK OF AUGUST~, N.~ BY:~). ~ Its: A. V P. t-.,.~'\,i 1< AITEST:'/)yJ~~aL It0a4/1e,t; Jj/~ GvL Signed, Sealed and Delivered in ~nce~-,~ Uno Icial Witness \~~~::~;;:~~) ';~ I"'~ .'_ .tl"'OI)Oot'J'.O -, '~'tt~",? f.~t - MICHEllE DAVIS NoJary Public Rlctvnond Countv 4 Stale of GeorgIa -- CommIulon ExpIres Oct 19, 2008 ~ 'v\"~ ~)ul0 Notary Public, State of GA .(', .. Exhibit A . n._.... ,"..'_ " ",-",,-:.,--.-:",., Book 00989:0023 Augusta - Richmond County 2005023968 05/04/2005 16:17:17.00 ALL THAT TRACT OR PARCEL OF LAND WITH IMPROVEMENTS THEREON, SITUATE, LYING AND BEING IN THE 123RD DISTRICT OF RICHMOND COUNTY, GEORGIA, CONTAINING 12.5 ACRES, MORE OR LESS, AS SHOWN ON A PLAT FOR J. HAL STOCKTON BY CRANSTON AND ASSOCIATES DATED SEPTEMBER 21, 1966, WHICH PLAT IS RECORDED IN TIffi OFFICE OF THE CLERK OF SUPERIOR COURT OF RICHMOND COUNTY, GEORGIA, IN REALTY BOOK 33F, PAGE 941. SAID PROPERTY IS BOUNDED AS A WHOLE NORTH BY PROPERTY NOW OR FORMERLY OF AUGUSTA MILL SUPPLY COMPANY; EAST BY NEW SAVANNAH ROAD AND PROPERTY OF IDEAL ELECTRIC COMPANY AND PROPERTY NOW OR FORMERLY OF BROWN; SOUTI:I BY PROPERTY NOW OR FORMERLY OF IDEAL ELECTRIC COMPANY AND PROPERTY NOW OR FORMERLY OF MORGAGNE AND PROPERTY NOW OF FORMER.!. Y OF AUGLTSTp_ CHEMIC!~L rO!'.fl'ANY _~"'TD WBST .A.:."lD NOP-'TH'\1EST BY TRE 'R!GHT- OF-WAY OF CENTRAL OF GEORGIA RAILROAD. EXCEPTING, HOWEVER, THAT PORTION OF THIS PROPERTY WHICH WAS CONVEYED BY J. HAL STOCKTON TO INDUSTRIAL WELDING AND TOOL SUPPLIES, INC., BY DEED DATED NOVEMBER 18, 1980, AND RECORDED IN SAID CLERK'S OFFICE IN REAL it" REEL 133, PAGE 691. SAID PROPERTY IS SlJBJECT TO A SERVITUDE IN THE NATURE OF AN EASEMENT OF 20 FEET IN WIDTH FOR A SANITARY SEWER, ALL AS SHOWN ON THE PLAT ABOVE REFERRED TO. THIS CONVEYANCE IS MADE SUBJECT TO ANY SECURITY DEEDS CURRENTLY OF RECORD. Filed in this office: Augusta - Richmond County 05/04/200516:17:17.00 Elaine C. Johnson Clerk of Superior Court , . . Book 00989:0024 Augusta - Richmond County 200502396905/04/200516:17:17.01 $0 00 AGREEMENT I Illlil IIIII 11\\\ 1111\ 111\1 111\1 1\111 11\11 111\1 111\1 111\ 1111 2005023969 Augusta - Richmond County Return to: County Attorney's Office 701 Greene Street, Suite 104 Augusta, GA 30901 STATE OF GEORGIA ) ) COUNTY OF RICHMOND ) SUBORDINATION AGREEMENT THIS AGREEMENT, made and entered into this Ie day of ~, 2005, by and between AUGUSTA, GEORGIA, a political subdivision ;rthe-Sta1:e~f Georgia (hereinafter referred to as "AUGUSTA"), and SUNTRUST BANK, N.A. f/n1a TRUST COMPANY BANK OF AUGUSTA, N.A. (hereinafter referred to as "BANK"); WITNESSETH: WHEREAS, MARGARET J. JAMES (hereinafter referred to as "OWNER") on July 9, 1991 gave to BANK a Security Deed to the property described on Exhibit A, to secure a certain indebtedness to said BANK and said Security Deed is recorded in the Office of the Clerk of the Superior Court of Richmond County, Georgia, in Realty Reel 362, page 2103. WHEREAS, OWNER has granted an Easement dated JalllAd"'~ 13, J./)()l; to AUGUSTA across the property described on Exhibit A, the origin I of which is to be recorded simultaneously herewith 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 July 9, 1991 to any interest that AUGUSTA that may 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 July, 9, 1991, and recorded in the Office of the Clerk of the Superior Court of . Book 00989:0025 Augu.sta - Riohmond County . 200502396905/04/2005 16:17:17.01 Richmond County, Georgia in Realty Reel 362, page 2103 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 contemporaneously herewith. WHEREFORE, BANK has caused this instrument to be executed by its duly authorized officers and seal affixed, all on the date above tIrst written. SUNTRUST BANK, N.A. F/N/A TRUST COMPANY BANK OF AUGUSTA, Noll,. 0 BY~. ~w Its: ~.. V,P ~;~~j r. :.j ~; . - ; r,-'" .. : '1".. :: "'--""\ ;;- ~l ~ \...- .,": ..,. .' ,pQ:;p~~/ -/ . l~ -. 00 ...... ~ 'J> ',. ).' /") ....~III!o.O ~<..~."':': "7,-i'j' ...''l'~.\ \" "~tJ'''.NU4~U''' . ATTEST:Y1~;y(J(~ 11Il:21a~j ~~ ~~n , nofficial Witness MICHELLE DAVIS Notary PublIc RtchmOnd county Slate of GeorgIa Mv COmn\IIIIOI. ExpIreS Oct 19. 2008 ~ulvfu? \[)auk; Notary Public, State of GA ~~~;~~~ ;Sro:;2~O~~~~~C7~~~";01. '. Exhibit A ALL T HAT TRACT OR PARCEL OF LAND WITH IMPROVEMENTS THEREON, SITUATE, LYING AND BEING IN THE i23RD DISTRICT OF RICHMOND COUNTY. GEORGIA, CONTAINING 12.5 ACRES, MORE OR LESS, AS SHOWN ON A PLAT FOR J. HAL STOCKTON BY CRANSTON AND ASSOCIATES DATED SEPTEMBER 21, 1966, WInCH PLAT IS RECORDED IN THE OFFICE OF THE CLERK OF SUPERIOR COURT OF RICHMOND COUNTY, GEORGIA, IN REALTY BOOK 33F, PAGE 941. SAID PROPERTY IS BOUNDEDASA WHOLE NORTH BY PROPERTY NOW OR FORMERLY OF AUGUSTA MILL SUPPLY COMPANY; EAST BY NEW SAVANNAH ROAD AND PROPERTY OF IDEAL ELECTRIC COMPANY AND PROPERTY NOW OR FORMERLY OF BROWN; SOUTH BY PROPERTY NOW OR FORMERLY OF IDEAL ELECTRIC COMPANY AND PROPERTY NOW OR FORMERLY OF MORGAGNE AND PROPERTY NOW 0P F0RMERL V OF AUGFST.A_ CHE.M1C!\L rOMPANY A_ND WEST A.1>..~ NORTHWEST BY TI-tE 1UGHT- OF-WAY OF CENTRAL OF GEORGIA RAILROAD. EXCEPTING, HOWEVER, THAT PORTION OF THIS PROPERTY WHICH WAS CONVEYED BY J. HAL STOCKTON TO INDUSTRIAL WELDING AND TOOL SUPPLIES, INC., BY DEED DATED NOVEMBER 18, 1980, AND RECORDED IN SAID CLERK'S OFFICE IN REALTY REEL 133, PAGE 691. SAlD PROPERTY IS SUBJECT TO A SERVITUDE IN THE NATURE OF AN EASEMENT OF 20 FEET IN WIDTH FOR A SANITARY SEWER, ALL AS SHOWN ON THE PLAT ABOVE REFERRED TO. THIS CONVEYANCE IS MADE SUBJECT TO ANY SECURITY DEEDS CURRENTLY OF RECORD. , \ Filed in this office:.Augusta - Richmond County _05/0412005 16:17':17.01 Elaine C. Johnson Clerk of Superior Court