Subordination Of Mortgage
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Subordination Of Mortgage Form. This is a Ohio form and can be use in Real Property Transactions Statewide.
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Tags: Subordination Of Mortgage, Ohio Statewide, Real Property Transactions
SUBORDINATION OF MORTGAGE
In consideration of the sum of ONE DOLLAR ($1.00) and other good and valuable
considerations, the receipt of which is hereby acknowledged, the undersigned,
, does hereby waive the priority of its mortgage from
to
dated
, 20 ,
filed
, recorded as
in the Office of the Recorder,
County, Ohio, to the lien and operation of a subsequent mortgage from
to
, in the amount of
(
), dated
, 20
and recorded as
in the Office of the Recorder,
County, Ohio, to the extent said mortgage is a prior
lien on the premises described as follows:
Parcel Number:
More Commonly Known As:
Provided, nevertheless, that said prior mortgage shall remain a lien prior to all other claims in
and to said real estate.
Signed this
day of
, 20
.
WITNESSES
__________________________________________
By:
Print Name
Its:
__________________________________________
Print Name
State of
County of
)
) ss:
Before me, a notary public in and for said county and state, personally appeared
by
, its
, who acknowledged
that he/she/they did sign the foregoing instrument on behalf of said
and that the same is the free act and deed of said
.
IN TESTIMONY WHEREOF, I have hereunto set my hand and official seal, at
,
this day of
, 20 .
_________________________________
, Notary Public
This instrument prepared by:
File Number:
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