2010-07-29 Subordination AgreementDoc. No. All 53949
OFFICE OF THE COUNTY RECORDER
WRIGHT COUNTY, MINNESOTA
Certified Filed and/or Recorded on
08 -12 -2010 at 01:45
Check #: 10744 Fee: $ 46.00
Payment Code 02
Addl. Fee
Barb Gabrelcik, Interim County Recorder
SUBORDINATION AGREEMENT
Date: A!, vs r q '2010
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FOR VALUABLE CONSIDERATION, the undersigned hereby subordinates the
liens on real property in Wright County, Minnesota, described as follows:
Lot 1, Block 1
All said property is located in Shoppes at Prairie Run re- platted as Shoppes
as Prairie Run 2, according to the plat of record in the office of the Wright
County Recorder, County of Wright, Minnesota;
such liens are evidenced by the following mortgages executed by Finken
Properties, LLC., a Mimesota Limited Liabiity Company under the laws cf the
State of Minnesota, as mortgagors (collectively), to North American gate Bank as
mortgagee:
A mortgage dated Janutry 2, 2009, and filed for record Jamary 7, 2009 as
document number 1106058 in the office of the county recorder of Wright
County, Minnesota; and
to that certain document titled Amendment To Ciy Of Albertville Planned Unit
Development/Conditioml Use Agreement Shoppes At Prairie Run, subsequently
filed for record as Document Number 1153948 in th Office of the County
Recorder of the above County.
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North American State Bank
By:
Its:_ Cc, 1 O
STATE OF MINNESOTA)
y �� ` ) ss.
COUNTY OF AA* )
The foregoing instrument was acknowledged before me this Y day of
diva a s r- , 2010, by S4, t►- A- o Cne e.,r 9
the C k,,j o jjjj OU« of North American State Bank.
VT
L l� cl .�l,� / , --. -4 --4
RANDALL D. ANDERSON
INTARY A
My Comm. Exp. JUL 31. 3015
RETURN! TO:
(e,J THIS INSTRUMENT WAS DRAFTED BY:
Couri, MacArthur & Ruppe, P.L.L.P.
705 Central Avenue East
P.O. Box 369
St. Michael, MN 55376 -0369
(763) 497 -1930
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