2018-10-01 Karston Cove 4th Subordination Agreement Cb
Doc. No. A1381420
OFFICE OF THE COUNTY RECORDER
WRIGHT COUNTY, MINNESOTA
Certified Filed and/or Recorded on
October 08, 2018 4:22 PM
Fee: $46.00
RETURN TO: Ck#133
City of Albertville Code Check
5959 Main Ave NE Tanya West, County Recorder
PO BOX 9
Albertville, MN 55301
Attn: Kimberly Hodena
SUBORDINATION AGREEMENT
Date: OC1-c►be( , 2018
FOR VALUABLE CONSIDERATION, the undersigned hereby subordinates the liens on
real property in Wright County, Minnesota, described as follows:
Outlot A
All said property is located in Karston Cove 4th Addition, City of Albertville, County
of Wright, State of Minnesota;
such liens are evidenced by the following mortgages executed by Centra North,
LLC, a limited liability company under the laws of the State of Minnesota, as
mortgagor, to KleinBank, a Minnesota banking corporation, as mortgagee:
A mortgage dated August 20, 2018, and filed for record August 21, 2018 as
document number 1377829 in the office of the County Recorder of Wright
County, Minnesota;
to that certain document titled City Of Albertville Planned Unit Development
Agreement, Karston Cove 5th Addition, subsequently filed for record as Document
Number 1381419 in the Office of the County Recorder of the above
County.
KleinBank
4111100
By: Phi
Its: VI CO J rt:st 41
1
•
n
STATE OF MINNESOTA )
) ss.
COUNTY OF pGio- )
The foregoing instrument was acknowledged before me this l5t day of
October, 2018, by Phi(p Q. 1{oc k y , the 14-co pr 4.t. of
KleinBank.
0a4, Linktur
Notary Public
�J L DANA MEYER
'fE ,4" Notary Public
Minnesota
THIS INSTRUMENT WAS DRAFTED BY: ' sssann Eiras Januar3t,2020
Couri &Ruppe Law Office
705 Central Avenue East
P.O. Box 369
St. Michael, MN 55376-0369
763-497-1930
2
SUBORDINATION AGREEMENT
Date: 0C -aber I ,2018
FOR VALUABLE CONSIDERATION,the undersigned hereby subordinates the liens on
real property in Wright County,Minnesota, described as follows:
Outlot A
All said property is located in Karston Cove 4th Addition, City of Albertville, County
of Wright, State of Minnesota;
such liens are evidenced by the following mortgages executed by Centra North,
LLC, a limited liability company under the laws of the State of Minnesota, as
mortgagor,to KleinBank, a Minnesota banking corporation, as mortgagee:
A mortgage dated August 20, 2018, and filed for record August 21, 2018 as
document number 1377829 in the office of the County Recorder of Wright
County, Minnesota;
to that certain document titled City Of Albertville Planned Unit Development
Agreement,Karston Cove 5th Addition, subsequently filed for record as Document
Number in the Office of the County Recorder of the above
County. „ /
KleinBank
By: 1'hi iiP le, q--rtz;-1-
I
Its: IA(' p rC'S<c.eil
1
1
1
1
1
i
STATE OF MINNESOTA )
) ss.
COUNTY OF DO/Cokc )
The foregoing instrument was acknowledged before me this /51-- day of
October, 2018, by Ph i f ip (. ifo Ca,y , the fto p7644e0/ of
KleinBank.
Notary Public
)At' DA MEYER ►
ilt :" Notary Public
THIS INS 1'RUMENT WAS DRAF 1'ED BY: scion ExMr acts 31,2020 ►
Couri &Ruppe Law Office
705 Central Avenue East
P.O. Box 369
St. Michael, MN 55376-0369
763-497-1930
•
2