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7.4. HRSR 06-01-2020
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7.4. HRSR 06-01-2020
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5/29/2020 7:59:52 AM
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5/29/2020 7:58:46 AM
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City Government
type
HRSR
date
6/1/2020
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<br /> <br />DATE: 5/27/2020 <br />FOR VALUABLE CONSIDERATION, the undersigned hereby subordinates the lien on real property in Sherburne <br />County, Minnesota, legally described as follows: All of Lot 19 and the South 31 feet of Lot 18, Walker’s Addition <br />Revised, Elk River, Sherburne County, Minnesota, which is evidenced by a Repayment Note and Grant of <br />Mortgage on Real Property dated 3/20/2015 , and recorded on 9/14/2015, as Document No. 51587 in the Office of <br />the Registrar of Titles of Sherburne County, Minnesota, to a subsequent lien evidenced by a Mortgage from <br />JAYME M. SWENSON to CITIZENS BANK NA, ITS SUCCESSORS AND/OR ASSIGNS AS THEIR <br />INTEREST MAY APPEAR, in an amount not to exceed One Hundred Forty Three Thousand Dollars <br />($143,000.00) and recorded on ____________, as Document No. ______________ in the Office of the Registrar of <br />Titles of Sherburne County, Minnesota. <br /> <br />Housing and Redevelopment Authority in and for the City of Elk River, Minnesota <br /> <br /> <br /> <br /> <br /> <br /> <br />STATE OF MINNESOTA } <br /> } ss. <br />COUNTY OF SHERBURNE } <br /> <br />The foregoing instrument was acknowledged before me on ______________________, by <br />__________________________________, the ______________________________ and authorized signer for the <br />Housing and Redevelopment Authority in and for the City of Elk River, a Minnesota body corporate and politic. <br /> <br />____________________________________ <br /> <br /> <br />NOTARIAL STAMP OR SEAL (or other Title or Rank) THIS INSTRUMENT WAS DRAFTED BY: <br /> <br />Housing and Redevelopment Authority in and <br />for the City of Elk River, Minnesota <br />13065 Orono Parkway, <br />Elk River, MN 55330 <br />______________________________ <br />(Signature) <br />By:___________________________ <br />(Name of authorized signor) <br /> ________________________________ <br />(Title of authority) <br /> <br />Signature of Notarial Officer taking acknowledgement <br />SUBORDINATION AGREEMENT <br />DocuSign Envelope ID: AECBC3A8-1A8C-4DB3-81AF-4CF996AA1616
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