Fill and Sign the Deed of Trustmortgage to Right of Way Form

SUBORDINATION OF LIEN (Deed of Trust/Mortgage to Right of Way) STATE: COUNTY: The undersigned is the legal and equitable owner and holder of certain indebtedness secured by a lien against the land described below, or a portion of it, which lien wa s created and exists by virtue of the following instrument: Deed of Trust dated _____, between _____ as Grantor, and _____, as Grantee, which is recorded in Volume _____, page _____ of the _____ Records of _____ County, _____. The owners of the land described below have executed and delivered to _____ (the “Grantee”), a right of way grant dated _____, covering the land described below, the grant bei ng recorded in Volume _____, page _____ of the _____ Records of _____ County, _____, to which reference is made for all purposes. The undersigned has agreed to subordinate the described indebtedness and lien to the grant and rights under it. For adequate consideration paid to the undersigned by the Grantee in the right of way grant, the receipt of which is acknowledged, the undersigned, for himself, his heirs, executors, successors, legal representatives, and assigns, covenants, consents and agrees with Grantee, his heirs, executors, administrators, successors, legal representatives and assigns, that the describe d indebtedness and lien held by the undersigned are and shall continue to be subject and subordinate to the right of way grant described above and all rights and estates granted i n it; that grant covering the following land situated in _____ County, _____: (Description of Land) This agreement and subordination shall in no way affect or impair the rights of the undersigned, or his or its heirs, executors, legal representatives, successors or assigns, to hold, foreclose, or sell under the lien or liens in any manner prescribed by contract or law, all of the lands, hereditaments, appurtenances and estates in the described lands, save and except the rights, titles, estates, and privileges of the Grantee under the right of way grant desc ribed above, and any renewals or extensions of the lien and any foreclosures or sales of the lands or any part of it under the described liens shall expressly except and be subject to the right of way grant and rights under it. Date: Subordinating Party (Acknowledgment)