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A.P.N.: 111-120-280 Subordination Agreement - continued File No.: 4332- <br />3569509 (ME) <br />Date: December 14, 2010 <br />above mentioned, which provide for the subordination of the lien or charge thereof to another Deed or <br />Deeds of Trust or to another Mortgage or Mortgages. <br />Beneficiary declares, agrees and acknowledges that <br />(a) He consents to and approves (i) all provisions of the Note and Deed of Trust in favor of Lender above <br />referred to, and (ii) all agreements, including but not limited to any loan or escrow agreements, between <br />Owner and Lender for the disbursement of the proceeds of Lender's loan; <br />(b) Lender in making disbursements pursuant to any such agreement is under no obligation or duty to, nor <br />has Lender represented that it will see to the application of such proceeds by the person or persons to <br />whom Lender disburses such proceeds and any application or use of such proceeds for purposes other <br />than those provided for in such agreement or agreements shall not defeat the subordination herein made <br />in whole or in part; <br />(c) He intentionally and unconditionally waives, relinquishes and subordinates the lien or charge of the Deed <br />of Trust first above mentioned in favor of the lien or charge upon said land of the Deed of Trust in favor <br />of 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 <br />and parcel thereof, specific monetary and other obligations are being and will be entered into which <br />would not be made or entered into but for said reliance upon this waiver, relinquishment and <br />subordination; and <br />(d) An endorsement has been placed upon the Note secured by Deed of Trust first above mentioned that <br />said Deed of Trust has by this instrument been subordinated to the lien or charge of the Deed of Trust in <br />favor of Lender above referred to. <br />NOTICE: THIS SUBORDINATION AGREEMENT CONTAINS A PROVISION WHICH <br />ALLOWS THE PERSON OBLIGATED ON YOUR REAL PROPERTY SECURITY TO <br />OBTAIN A LOAN A PORTION OF WHICH MAY BE EXPENDED FOR OTHER <br />PURPOSES THAN THE IMPROVEMENT OF THE LAND. <br />(ALL SIGNATURES MUST BE ACKNOWLEDGED) <br />ITIS RECOMMENDED THAT, PRIOR TO THE EXECUTION OF THIS SUBORDINATIONAGREEMENT, THE PARTIES <br />CONSUL T WITH THEIR A TTORNEYS WITH RESPECT THERETO. <br />(CLTA SUBORDINATION FORM "A") <br />OWNER: <br />Mari za Tec ioli <br />I.•r � <br />Manuel P. Ordonez <br />Page 3 of 5 <br />