SUBORDINATION AGREEMENTSubordination Agreement • February 7th, 2017 • Florida
Contract Type FiledFebruary 7th, 2017 JurisdictionThis Subordination Agreement (the "Agreement"), dated as of February , 2017, is being entered into by and among FLORIDA HOUSING FINANCE CORPORATION, a public corporation and a public body corporate and politic duly created and existing under the laws of the State of Florida ("Senior Lender"), whose address is 227 North Bronough Street, Suite 5000, Tallahassee, Florida 32301, CITY OF ORLANDO, a Florida municipal corporation, whose address is 400 South Orange Avenue, Orlando, Florida 33802 ("Junior Lender"; Senior Lender and Junior Lender are referred to herein as "Lenders"), LIFT ORLANDO COMMUNITY LAND, LLC, a Florida limited liability company, whose address is 215 E. Central Blvd., Orlando, Florida 32801 (“Fee Borrower”) and WEST LAKES PHASE I, LP, a Florida limited partnership, whose address is 1718 Peachtree St. NW South Tower, Suite 684, Atlanta, Georgia 30309 ("Leasehold Borrower").