2018-10-01 Subordination Agreement (signed)SUBORDINATION AGREEMENT
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 5�' Addition, subsequently filed for record as Document
Number in the Office of the County Recorder of the above
County.
K1einB
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STATE OF MINNESOTA )
ss.
COUNTY OF DC416
)
The foregoing instrument was acknowledged before me this day of
October, 2018, by Pil I q2 9 ffqKIrj , the Vio% of
KleinBank.
Notary Public
THIS INSTRUMENT WAS DRAFTED BY:
Couri & Ruppe Law Office
705 Central Avenue East
P.O. Box 369
St. Michael, MN 55376-0369
7634974930
Notary Public
Minnesota
:xpires January 31
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