SUBORDINATION
AGREEMENT OF SECURED DEBT
For
one dollar ($1.00) and other valuable consideration the undersigned having or
acquiring a security and/or mortgage interest in the collateral of
_________________, (Debtor), hereby agrees that said security or mortgage
interest shall be subordinate to the security interest, mortgage or lien of
________________________________ (Name), dated _______________ (Month &
Day), _________ (Year) in the following collateral of the security agreement:
____________________________________________________________________
____________________________________________________________________
____________________________________________________________________
____________________________________________________________________
____________________________________________________________________
Signed
and sealed this ______________________ (Month & Day), ________ (Year).
________________________________
Signature
Assented
to:
_______________________________
Debtor
