2006-04-26 Subordination AgreementSUBORDINATION AGREEMENT
Date: Apri126, 2006
FOR VALUABLE CONSIDERATION, the undersigned hereby subordinates the
liens on real property in Wright County, Minnesota, described as follows:
Lots 1 and 2, Block 1; and
Outlots A and B
LaBeaux Station, according to the plat of record on file in the Wright County
Recorder's Office, Wright County, Minnesota;
which is evidenced by a Mortgage dated July 1, 2003, and filed for record July 3,
2003, as Document No. 859186, in the Office of the County Recorder of the above
County, as modified by Document No. 918734, as corrected by Document No. A
1000596 and as modified by Document No. 1000597 and by a Mortgage dated
March 1, 2006 and filed for record on March 7, 2006, as Document No. 1000595, in
the Office of the County Recorder of the above County, to that certain document
titled City of Albertville Master Planned Unit Developmend Conditional Use
Agreement LaBeaux Station Developer's/Planned Unit Development Agreement,
dated March I, 2006 and subsequently filed for record as Document Number
STATE OF 11~lINNESOTA
COUNTY OF WRIGHT
21sT CENTURY
ss.
The forego~ng instrument was acknowledged before me this ~ ~ ~ day of
~~~_, 20 0 , by J D`L~tu-~~ ~ ~n ~pli~ h ,the ~J ~`~ e l~i~-e~s i d e~~' of 21~`
Cent Sr~ Bank, organized under the laws of the state of Minnesota on behalf of said
C~~ .~
--i .:~~Mp.~y~;, S~I~I:~Y L. S~FirUEIDER
Signature of P rson Taking Acknowledgment ~. =r, ;:_ ~Ictary f~cblic
~~~~
THIS INSTRUMENT WAS DRAFTED BY:
Couri, MacArthur & Ruppe PLLP
705 Central Avenue East
P.O. Box 369
St. Michael, MN 55376-0369
in the Office of the County Recorder of the above County.
- ~ . ~ I~ennesota
~l~~~i7A4"eav,.
My Commission Fxpiros Jan. 31, 2008