Common Contracts

1 similar Mortgage Subordination Agreement contracts

Mortgage subordination agreement template
Mortgage Subordination Agreement • June 3rd, 2023

THIS AGREEMENT is made on [Insert date], by and between [Insert name of Mortgagee] (hereinafter the “Mortgagee”) [Insert address of Mortgagee and [Insert name of Tenant], of [Insert address of Tenant], (hereinafter, the “Tenant”). RECITALS The Tenant entered into a lease (hereafter, the “Lease”) dated [Insert date], with [Insert name of Landlord], (hereafter the “Landlord”), of [Insert address of Landlord covering a portion of the real property legally described as [Insert legal description and address of the leased property], and more commonly known as [Insert address] (hereinafter, the “Real Property”). The Mortgagee has made a mortgage loan to Landlord, which mortgage loan is secured by, among other things, a mortgage (hereafter the “Mortgage”) on the Real Property.

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