SUBORDINATION AGREEMENT Among CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY, [ ], as trustee,Subordination Agreement • September 12th, 2019 • California
Contract Type FiledSeptember 12th, 2019 JurisdictionTHIS SUBORDINATION AGREEMENT dated as of , 2019 (as amended, modified, supplemented or assigned from time to time, this “Agreement”) by and among CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY, a public body and body corporate and politic duly organized and validly existing under the laws of the State of California (together with its permitted successors and assigns, “Issuer”), [ ], a [ ], as trustee (together with its permitted successors and assigns, “Trustee” or “Senior Lender”), the CITY OF LOMPOC, a, municipal corporation, as the Successor Housing Agency to the Dissolved Lompoc Redevelopment Agency (together with its permitted successors and assigns, “Subordinate Agency”), and LIH ARBOR SQUARE LP, a limited partnership duly organized and validly existing under the laws of the State of California (together with its permitted successors and assigns, the “Borrower”).