2009-05-05 Subordination Agreement
SUBORDINATION AGREEMENT
5, 5" tit
Date:
, 2009
FOR VALUABLE CONSIDERA nON, the undersigned hereby subordinates the liens on
real property in Wright County, Minnesota, described as follows:
Lots 1,2, and 3, and Outlots A and B, Niemeyer Trailer Sales, according to
the plat of record in the Wright County Recorder's Office, Wright County,
Minnesota;
such liens are evidenced by the following mortgages executed by Wellerson, LLP, a
Minnesota limited liability partnership, as mortgagor, to First Federal Savings Bank, as
mortgagee:
A mortgage dated December 20, 2001 and filed for record January 7, 2002 as
document number 507771 in the office of the county recorder of Wright County,
Minnesota;
to that certain document titled City Of Albertville Planned Unit Development Agreement,
Niemeyer Trailer Sales, subsequently filed for record as Document Number
in the Office of the County Recorder ofthe above County.
FIRST FEDERAL SAVINGS BANK
~ ~f~~
STATE OF MINNESOTA )
) ss.
COUNTY OF WRIGHT )
The for ing instrument was acknowledged before me this 5~ day of
,2009, by --.-I>CLLL F. V IJ ~ I ,
the V 1 P res"~ + of First Federal avings Bank on behalf of said
First Federal Savings Bank.
MARl LOU McCORMIC
NOTARY PUBLIC. MINNESOTA
My Commission Expires Jan. 31,2010
~.~ ;tLC~
Notary Public
1
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
2
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