SUBORDINATION AGREEMENT (Payments Permitted)Subordination Agreement • November 15th, 2011 • Timberline Resources Corp • Gold and silver ores • Washington
THIS AGREEMENT is entered into by and among TDI HOLDINGS, INC. and TIMBERLINE DRILLING, INCORPORATED ("Borrower"), TIMBERLINE RESOURCES CORPORATION ("Creditor"), and WELLS FARGO BANK, NATIONAL ASSOCIATION ("Bank").
