HomeMy WebLinkAboutWACHOVIA BANK NATIONAL THOMAS M MITCHELL SUE MITCHELL
Book 01143:0385 Augusta - Richmond County
2007048850 09/17/200715:38:13.00
$0 00 AGREEMENT
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2007048850 Augusta - Richmond County
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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 ~7 day of
Auau.s+. ,2007, by and between AUGUSTA, GEORGIA, a political subdivision
~Georgia (hereinafter referred to as "AUGUST A"), and W ACHOVIA
BANK, NATIONAL ASSOCIATION, (hereinafter referred to as "BANK");
WITNESSETH:
WHEREAS, THOMAS M. MITCHELL and SUE L. MITCHELL (hereinafter
referred to as "OWNERS") on September 6,2006 gave to BANK a Deed to Secure Debt
to the property described on Exhibit A, to secure a certain indebtedness to BANK and
said Deed to Secure Debt is recorded in the Office of the Clerk of the Superior Court of
Richmond County, Georgia, in Realty Reel 1081, page 2266.
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 Deed to Secure
Debt dated September 6, 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 Deed to Secure Debt from OWNER to
BANK, dated September 6, 2006, and recorded in the Office of the Clerk of the Superior
Court of Richmond County, Georgia in Realty Reel 1081, page 2266, is and forever shall
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Book 01143:0387 Augusta - Richmond County
2007048850 09/17/2007 15: 38: 13.00
Exhibit A
THE DESCRIBED PROPERTY:
THAT TRACT OR PARCEL OF LAND LYING AND BEING IN LOT(S) 034, BLOCK
OOa, SAND RIDGE SUBDIVISION, SECTION 02A, AS PER PLAT RECORDED IN
RICHMOND COUNTY, GEORGIA RECORDS.
BEING AND INTENDING TO DESCRIBE THE SAME PREMISES CONVEYED IN
A DEED RECORDED 10/17/1986, IN BOOK 242, PAGE 209.
SUBJECT TO RESTRICTIONS, RESERVATIONS, EASEMENTS, COVENANTS,
OIL, GAS OR MINERAL RIGHTS OF RECORD, IF ANY.
KNOWN AS: 3738 CREST DR
PARCEL: 139-0-166-00-0
Filed in this office:
Augusta - Richmond County
09/17/200715:38:13.00
Elaine .c. Johnson - -- --- - -- -------- ----_
Clerk of Superior Court