HomeMy WebLinkAboutMORTAGE ELECTRONIC REGISTRATION SYSTEMS INC SUNTRUST MORTAGE
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Book 01161:1651 Augusta - Richmond County
2008004040 01/28/200815:44:56.00
$0.00 AGREEMENT
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2008004040 Augusta - Richmond County
Return to:
County Attorney's Office
701 Greene Street, Suite 104
Augusta, GA 30901
STATE OF GEORGIA )
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COUNTY OF RICHMOND )
SUBORDINATION AGREEMENT
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THIS AGREEMENT, made and entered into this ~ day of
ja.'{\UCif'/ ' 200!, by and between AUGUSTA, GEORGIA, a political subdivision
of the State of Georgia (hereinafter referred to as "AUGUSTA"), and MORTGAGE
ELECTRONIC REGISTRATION SYSTEMS, INC. AS NOMINEE FOR SUNTRUST
MORTGAGE, INC., (hereinafter referred to as "BANK");
WITNESSETH:
WHEREAS, PETER D. COOPER (hereinafter referred to as "OWNER") on June
2, 2006 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 1060, page
1324.
WHEREAS, OWNER has granted -"an Easement dated
J;~AA.&\"'/"~ L 5 , tco,t to AUGUSTA across the property described on Exhibit A,
the origina 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 their said Security Deed
dated June 2, 2006 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 June 2, 2006, and recorded in the Office of the Clerk of the Superior Court of
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Book 01161 :1652 Augusta - Richmond County
2008004040 01/28/2008 15:44:56.00
Richmond County, Georgia in Realty Reel 1060, page 1324, 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.
MORTGAGE ELECTRONIC
REGISTRA nON SYSTEMS, INC.
AS NOMThffiEFOR SUNTRUST
MORTGAGE, INC.
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Book 01161 :1653 Augusta - Richmond County
2008004040 01/28/2008 15:44:56.00
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Exhibit A
All that lot or parcel of land, together with all buildings and improvements thereon,
situate, lying and being in the State of Georgia, County of Richmond being known and
designated as Lot 29, Block C, Rocksbury Subdivision as shown on a plat recorded in the
Office of the Clerk of Superior Court of Richmond County, Georgia, in Realty Reel 38-
R, Page 97. Reference is hereby made to said plat for a more complete and accurate
description as to metes, bounds and location of said property.
Said property is conveyed subject to any and all applicable easements, restrictions and
covenants recorded in aforesaid clerk's office.
Map and Parcel No.: 132-0-257-00-0
Filed in this office:
Augusta - Richmond County
01/28/2008 15:44:56.00
Elaine C. Johnson
Clerk of Superior Court