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WHEREAS, Lender is willing to subordinate the County Deeds of Trust recorded at <br /> Book 5609 at Page 489 and Book 5484 at Page 84 to Bank of America Home Equity Line of <br /> Credit's Deed of Trust. <br /> NOW, THEREFORE, in consideration of the sum of One ($1.00) Dollar in hand paid, <br /> the receipt of which is hereby acknowledged and in consideration of the premises, Lender hereby <br /> covenants and agrees that Obligors may execute to Bank of America Home Equity Line of <br /> Credit, a Deed of Trust upon the land hereinafter described to secure a note given by Obligors to <br /> Lender and such Deed of Trust, dated , 20 , in the principal amount of $86,000, <br /> recorded in Book , Page , Orange County Registry ("the Bank of America Home <br /> Equity Line of Credit Deed of Trust"), which shall be a lien upon the land specifically described <br /> herein superior to the County Deed of Trust now held by the Lender. To carry out said purpose, <br /> Lender does hereby release, remise, and forever quitclaim unto Obligors, its successors, heirs <br /> and assigns, Lender's title to a lien upon said land to the extent that the County Deed of Trust <br /> now held by Lender shall be subordinated to the Bank of America Home Equity Line of Credit <br /> Deed of Trust. But it is expressly understood and agreed that except for this subordination, the <br /> County Deed of Trust, and all the terms and conditions thereof, shall be and remain in full force <br /> and affect. <br /> The land above referred to lies in Orange County, North Carolina, and is more <br /> particularly described as: <br /> SEE EXHIBIT "A" WHICH IS ATTACHED AND INCORPORATED BY <br /> REFERENCE. <br /> IN WITNESS WHEREOF, the Lender has caused this Subordination Deed to be duly executed <br /> on the day and year first written above. <br /> ORANGE COUNTY <br /> Earl McKee, Chair <br /> Orange County Board of Commissioners <br /> ATTEST: <br /> Clerk/Deputy Clerk to the Board of Commissioners <br /> STATE OF NORTH CAROLINA <br /> COUNTY OF ORANGE <br /> 1, CAL a Notary Public of Orange County, do hereby <br /> certify that n personally came before me this day and <br /> acknowledged that s/he is the Clerk/Deputy Clerk to the Orange County Board of <br />