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RecDoc 2020-039722 - Subordination Agreement, Hallmark House (531 Woodside)
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RecDoc 2020-039722 - Subordination Agreement, Hallmark House (531 Woodside)
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Last modified
11/12/2020 9:11:58 AM
Creation date
11/12/2020 9:06:29 AM
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Recorded Docs
Recorded Docs - Type
Agreement
Subject
Subordination Agreement
Doc Num
2020-039722
Rec Date
5/4/2020
APN
059-092-290-2; 059-092-300; 059-092-310
Address
Hallmark House Apartments
Parties
Hallmatk 2017 LP and CitiBank N.A.
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Loan Documents, other than by reason of payments which the Subordinate Lender -is obligated to <br />remit to the Senior Lender pursuant to Section 4 hereof; (iii) the acquisition by the Senior Lender <br />of title to the Property pursuant to a foreclosure or a deed in lieu of foreclosure of, or the exercise <br />of a power of sale contained in, the Senior Mortgage; or (iv) the acquisition by the Subordinate <br />Lender of title to the Property pursuant to a foreclosure or a deed in lieu of foreclosure of, or the <br />exercise of a power of sale contained in, the Subordinate Security Instrument, but only if such <br />acquisition of title does not violate any of the terms of this Agreement. <br />(i) Counterparts. This Agreement may be executed in any number of <br />counterparts, each of which shall be considered an original for all purposes; provided, however, <br />that all such counterparts shall together constitute one and the same instrument. <br />[THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK] <br />Subordination Agreement 13 Hallmark House Apartments <br />Description: San Mateo, CA Document - Year.DOCSD 2020.39722 Page: 15 of 24 <br />Order: eeee Comment: <br />
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