GRRP SUBORDINATION AGREEMENTSubordination Agreement • August 30th, 2024
Contract Type FiledAugust 30th, 2024THIS AGREEMENT TO GREEN AND RESILIENT RETROFIT PROGRAM MORTGAGE [DEED OF TRUST/DEED TO SECURE DEBT/OR OTHER DESIGNATION AS APPROPRIATE IN JURISDICTION] AND SECURITY AGREEMENT (“Agreement”) is entered into this ___ day of ____________________, 20__, by and between (i) [SENIOR LIEN HOLDER], a ___________ organized and existing under the laws of the [State] [Commonwealth] of _________ (“Senior Lender”) and (ii) the United States Department of Housing and Urban Development, acting by and through the Secretary, his or her successors, assigns or designees (“HUD” or “Subordinate Lender”).