2005-10-11 Subordination Agreement
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Doc. No. A 1018402
OFFICE OF THE COUNTY RECORDER
WRIGHT COUNTY, MINNESOTA
Certified Filed and/or Recorded on
07-24-2006 at 01 :54
Check #: 7838 Fee: $ 46.00
Payment Code 02
Add!. Fee
Larry A. Unger, County Recorder
SUBORDINATION AGREEMENT
Date: Oe!cJ~ 1/ ' 2005
FOR VALUABLE CONSIDERATION, the undersigned hereby subordinates the liens on
real property in Wright County, Minnesota, described as follows:
Lot 1, Block 1
All said property in Shoppes at Towne Lakes One 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 Granite City Innovative
Builders, Inc., a corporation under the laws of the State of Minnesota, and Manchester II,
LLC, a limited liability company under the laws of the State of Minnesota, as mortgagors, to
Home Federal Savings Bank, as mortgagee:
A mortgage dated April 16, 2004, and filed for record April 26, 2004 as document
number 906265 in the office of the county recorder of Wright County, Minnesota;
to that certain document titled City Of Albertville First Amendment to the Master
Planned Unit Development/ConditionalUse Agreement Shoppes At Town Lakes
One, subsequently filed for record as Document Number A-' W0 qS- in the Office ./
of the County Recorder of the above County.
HOME FEDERAL SAVINGS BANK
STATE OF MINNESOTA )
) ss.
COUNTY OF&n+OV1 )
The foregoing instrument was acknowledged before me this lJib. day of
Oc-tobk>v ,2005, by 1;"'1 t ~C'rio.h \ , the \(1 Ct:' 'PYe_sir-tent
of Home Federal Savi.ngs Bank, a ~c)r0-}l/lL.+;()n ~ orgaBized under the
Ur,;'1-t'd St'a--t'C.S o~ Bn1e,r;" (d...-j()Y\ b-€ho.Jf
~ STEPHANIE W.. SCOTT o~ +he COy-p.')V-o::::bo\",
~~ NOTARY PUBUC. MINNESOTA
My Comm. Exp. Jan. 31,2010
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THIS INSTRUMENT WAS DRAFTED BY:
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t- Couri, MacArthur & Ruppe, P .L.L.P.
Z 705 Central Avenue East
~ P.O. Box 369
I-- St. Michael, MN 55376-0369
~ (763) 497-1930
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