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2016-380 Housing - Veronica J. Stevens - Subordination Agreement
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2016-380 Housing - Veronica J. Stevens - Subordination Agreement
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Last modified
7/22/2016 8:08:19 AM
Creation date
7/22/2016 8:08:17 AM
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BOCC
Date
7/21/2016
Meeting Type
Work Session
Document Type
Agreement
Agenda Item
Chair signed
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, 20 , in the principal amount of$76,026.00, recorded in Book , Page , <br /> Orange County Registry ("the Quicken Loan Deed of Trust"), which shall be a lien upon the land <br /> specifically described herein superior to the County Deed of Trust now held by the Lender. To <br /> carry out said purpose, Lender does hereby release, remise, and forever quitclaim unto Obligor, <br /> its successors, heirs and assigns, Lender's title to a lien upon said land to the extent that the <br /> County Deed of Trust now held by Lender shall be subordinated to the Quicken Loan Deed of <br /> Trust. But it is expressly understood and agreed that except for this subordination, the County <br /> Deed of Trust, and all the terms and conditions thereof, shall be and remain in full force and <br /> 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 /> BY: Zw/® l, �A� <br /> Earl McKee, Chair <br /> Orange County Board of Commissioners <br /> ATTEST: Signature <br /> Printed Name <br /> epeputy Clerk to the Board of Commissioners <br /> STATE OF NORTH CAROLINA <br /> COUNTY OF ORANGE <br /> a Notary Public of Orange County, do hereby <br /> certify that / personally came before me this day and <br /> acknowledged that s/he is the _Clerk/Deputy Clerk to the Orange County Board of <br /> Commissioners, and that by authority duly given and as the act of Orange County, the foregoing <br /> instrument was signed in its name by , Chair f he Orange <br /> County Board of Commissioners, and attested to by , <br /> Clerk/Deputy Clerk to the Board of Commissioners. <br /> Witness my hand and notarial seal this the day of , 20 <br /> Notary Publi Donna S.L1d <br /> Notary Pubhc <br /> Alamance County <br /> My commission expires: 9Ca,ine <br />
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