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RecDoc 2002-103852 Blanca Ugarte
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RecDoc 2002-103852 Blanca Ugarte
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8/31/2022 3:58:22 PM
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8/31/2022 3:58:06 PM
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Recorded Docs
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Agreement
Subject
Subordination Agreement
Doc Num
2002-103852
Rec Date
5/29/2002
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Loan No: 42924100 <br />Order No.: 299426 <br />EXHIBIT "A" <br />In executing this Subordination Agreement, Subordinating Lienholder acknowledges and <br />agrees that its agreement with borrower and any terms and conditions thereof, whether <br />express or implied, are solely between it and borrower and are of no concern to <br />Washington Mutual Bank, FA (in this Exhibit referred to as "WMBFA"); WMBFA is and will <br />be throughout the term of WMBFA's loan and any modification, extension or renewal <br />thereof, under no duty or obligation to assure compliance with the terms and conditions of <br />Subordinating Lienholder's agreement with borrower; nor will WMBFA be under any <br />obligation or duty to take any action or refrain from any action because of any knowledge <br />it has or may have regarding any breach by borrower. Subordinating Lienholder further <br />agrees, notwithstanding anything to the contrary in law, equity or agreement with borrower, <br />that this subordination is not subject to compliance, substantial or otherwise, with any <br />provisions of such agreement with borrower, whether express or implied. Subordinating <br />Lienholder acknowledges that WMBFA considers the above to be a material condition for <br />making its loan to borrower. <br />BLANCA UGARTE REVOCABLE TR ST <br />r- r <br />BY: BLANCA UGART TRUSTEE <br />BY: BLANCA UGARTE, <br />DIVIDUALLY <br />-f' <br />2®@2- 1 oaan:? <br />05/29/2002 08:00A <br />SA Page: 4 of 5 <br />=M <br />
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