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A,P.N.: 113-330-020 Subordination Agreement - continued t=ile No.: 0714-6254257 (SV) <br />Date: July 15, 2020 <br />(c) He intentionally and unconditionally waives, relinquishes and subordinates the lien or charge of the Deed of <br />Trust first above mentioned in favor of the lien or charge upon said land of the Deed of Trust in favor of <br />Lender above referred to and understands that in reliance upon, and in consideration of, this waiver, <br />relinquishment and subordination specific loans and advances are being and will be made and, as part and <br />parcel thereof, specific monetary and other obligations are being and will be entered into which would not be <br />made or entered into but for said reliance upon this waiver, relinquishment and subordination; and <br />NOTICE: THIS SUBORDINATION AGREEMENT CONTAINS A PROVISION WHICH ALLOWS THE PERSON <br />OBLIGATED ON YOUR REAL PROPERTY SECURITY TO OBTAIN A LOAN A PORTION OF WHICH <br />MAY BE EXPENDED FOR OTHER PURPOSES THAN THE IMPROVEMENT OF THE LAND. <br />(ALL SIGNATURES MUST BE ACKNOWLEDGED) <br />ITIS RECOMMENDED THAT, PRIOR TO THE EXECUTION OF THIS SUBORDINATION AGREEMENT, THE PARTTES <br />CONSULT WITH THEIR ATTORNEYS WITH RE5PECT THERETO. <br />(CLTA SUBORDINATION FORM "A") <br />0 NER- <br />,iCl/'uc 7 <br />Vickie Neves <br />BENEFICIARY: <br />The City of Redwood City, a Municipal Corporation <br />Signed in counterpart <br />By: cwt L -(SSA STE��SvN Pfl'-Z / C.1TK Yy.&OhtEg <br />Signed in counterpart <br />Page 4 of 6 <br />