Prepared by: Return to:
State of Mississippi
County of ____________
____________ Judicial District
SUBORDINATION AGREEMENT
Name and Address of Borrower/Owner: Name and Address of Trustee:
Name and Address of Beneficiary: Name and Address of Lienholder
See Legal Description Attached as Exhibit A Legal Description Indexing Instructions
Subordination Agreement
Page 1 of 4
THIS AGREEMENT, dated as of this the ______ day of ____________ , 20 ______ , is
made by and among ________________________ (" ________________________ ") and
________________________ , A Banking Association with offices in __________________ ,
Mississippi (" __________________ ").
WITNESSETH:
WHEREAS, ________________________ is the holder of a lien on certain real property
pursuant to a Deed of Trust executed by the ________________________ , Borrower, to
________________________ , Trustee, for ________________________ , a Mississippi general
partnership, beneficiary, dated __________________ , 20 ______ and recorded in Book ______
at Page ______ in the Deed of Trust records of the Chancery Clerk of __________________
County, __________________ , Mississippi (the " ________________________ Deed of Trust");
and
WHEREAS, Bank of Mississippi is also the holder of a lien on the property described in
said ________________________ Deed of Trust pursuant to a Deed of Trust dated
____________ , 20 ______ and recorded in the office of the aforesaid Chancery Clerk in Deed of
Trust Record Book ______ at Page ______ (the " ________________________ Deed of Trust");
and
WHEREAS, the ________________________ and the ________________________ of
________________________ , have requested that ________________________ subordinate its
lien to the lien of the ________________________ Deed of Trust.
NOW, THEREFORE, for valuable consideration, ________________________ , hereby
subordinates the lien of its Deed of Trust recorded in Book ______ at Page ______ to the lien of
the ________________________ Deed of Trust, and the lien of the
Subordination Agreement
Page 2 of 4
________________________ Deed of Trust will at all times be prior and superior to the lien of
the ________________________ Deed of Trust.
IN WITNESS WHEREOF, the parties hereto have executed this Subordination
Agreement on the day and year first above written.
CORPORATION NAME
Attest:
Secretary
By:
Signature and Title
Type or Print Name
CORPORATION NAME
Attest:
Secretary
By:
Signature and Title
Type or Print Name
STATE OF MISSISSIPPI
COUNTY OF __________________
Personally appeared before me, the undersigned authority in and for the said County and
State, on this ______ day of ____________ , 20 ______ , within my jurisdiction, the within named
________________________ , who acknowledged that he/she is ________________________
of ________________________ a ________________________ corporation, and that for and
on behalf of the said corporation, and as its act and deed, he/she executed the above and
foregoing Subordination Agreement, after first having been duly authorized by said corporation
so to do.
Subordination Agreement
Page 3 of 4
SWORN TO AND SUBSCRIBED BEFORE ME, THIS THE ______ DAY OF
__________________ , 20 ______ .
_______________________________
NOTARY PUBLIC
My Commission Expires: __________________
STATE OF MISSISSIPPI
COUNTY OF __________________
Personally appeared before me, the undersigned authority in and for the said County and
State, on this ______ day of __________________ , 20 ______ , within my jurisdiction, the
within named ________________________ , who acknowledged that he is
__________________ of ________________________ , a Banking Association in Mississippi,
and that for and on behalf of the said corporation, and as its act and deed, he/she executed the
above and foregoing Subordination Agreement, after first having been duly authorized by said
corporation so to do.
SWORN TO AND SUBSCRIBED BEFORE ME, THIS THE ______ DAY OF
__________________ , 20 ______ .
_______________________________
NOTARY PUBLIC
My Commission Expires: __________________
Subordination Agreement
Page 4 of 4
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FAQs
Here is a list of the most common customer questions. If you can’t find an answer to your question, please don’t hesitate to reach out to us.
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The best way to complete and sign your subordination deed form
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