2007-12-13 Subordination AgreementSUBORDINATION AGREEMENT
Date: „~~ ~ ~6,, ,. ,~,~ / 3 , 2007
FOR VALUABLE CONSIDERATION, the undersigned hereby subordinates the liens on
real property in Wright County, Minnesota, described as follows:
Lots l and 2, Block 1
All said property in the plat of Field Plaza Second Addition 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 Blaine Rentals, LLC, a
limited liability company under the laws of the State of Minnesota, as mortgagor, to
BankVista, as mortgagee:
A mortgage dated June 17, 2005, and filed for record June 28, 2005 as document
number 965205 in the office of the county recorder of Wright County, Minnesota;
and
A mortgage dated June 17, 2005, and filed for record June 28, 2005 as document
number 965206 in the office of the county recorder of Wright County, Minnesota
to that certain document titled Developer's Agreement Field Plaza 2nd Addition,
subsequently filed for record as Document Number in the Office of
the County Recorder of the above County.
TA
Its: ~~" ~'~ ~.~ r
STATE OF MINNESOTA )
) SS.
COUNTY OF ~ ~ h~ )
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,~ ~ 1V01Af~" °Ur~titi - iv11NNESOTA
~;~~ P~fti C~fUIpJ~ISSION EXPIRES
,;~~~,~ J?,P~UC.R'd 31, 2011
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The foregoing instrument was acknowledged before me this r ~~ day of December,
2007, by ~~-e~,,~ '~ ~,.ecr,r~rJ,~, the ~-~.~ ~~- of BankVista, a
~~ ~3c~a~ ~~ organized under the laws of the state of Minnesota.
Notar is
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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