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Recording Requested by: <br />North American Title Company <br />Order: 56604-1225536-13 <br />AND WHEN RECORDED MAIL TO <br />Name: Redevelopment Agency of the City of Redwood <br />City AfrAr c ww A v ILA <br />Street Address: 101-7 Ah I t)A Z C rI C LD Q6 A D <br />city & state: P0101100D CIM, W Dr Y 0 63 <br />A.P. No. 113-330-030-9 <br />SPACE ABOVE TFIS LINE FOR_EEQRQFR USE <br />SUBORDINATION AGREEMENT <br />(Existing to New) <br />NOTICE: THIS SUBORDINATION AGREEMENT RESULTS IN YOUR SECURITY INTEREST IN THE <br />PROPERTY BECOMING SUBJECT TO AND OF LOWER PRIORITY THAN THE LIEN OF SOME OTHER OR <br />LATER SECURITY INSTRUMENT. <br />THIS AGREEMENT, made this 30th day of May, 2013 by Kerry L. Robishaw <br />Owner of land hereinafter described and hereinafter referred to as "Owner", and <br />The Redevelopment Agency of the City of Redwood City <br />Present Owner and Holder of the Deed of Trust and Note first hereinafter described and hereinafter referred to as <br />"Beneficiary", <br />WITNESSETH <br />THAT WHEREAS, Lia Zee Marie, an unmarried woman and Kerry L Roblshaw, an unmarried woman has executed <br />a Deed of Trust dated July 25, 1995, to The Redevelopment Agency of the city of Redwood City, a <br />Redevelopment Agency of the State of California, <br />as Trustee, covering: <br />See Exhibit "A" attached hereto and made a part hereof for Legal Description <br />To secure a Note in the sum of $9,323.00, dated July 25, 1995, in favor of The Redevelopment Agency of the <br />City of Redwood City, which Deed of Trust was recorded July 28, 1995 In Docket/Book . of existing Deed of <br />Trust, Page . , or Instrument No. 95-076959 of existing Deed of Trust, of said County; and <br />WHEREAS, Owner has executed, or Is about of execute, a Deed of Trust and Note in the sum of $89,000.00, <br />(NOTTO EXCEED THIS AMOUNT), dated June 12, 2013, in favor of San Francisco Federal Credit Union, <br />hereinafter referred to as "Lender", payable with interest and upon the terms and conditions described therein, <br />which Deed of Trust is to be recorded concurrently herewith; and <br />WHEREAS, it is a condition precedent to obtaining said loan that said Deed of Trust last above mentioned shall <br />unconditionally be and remain at all times a lien or charge upon the land hereinbefore described, prior and <br />superior to the lien or charge of the Deed of Trust first above mentioned; and <br />Page 1 of 3 <br />