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CALIFORNIA, STATE OF DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT
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CALIFORNIA, STATE OF DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT
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Last modified
6/21/2019 1:45:04 PM
Creation date
6/21/2019 10:31:40 AM
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Contracts
Company Name
CALIFORNIA, STATE OF DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT
Contract #
A-2019-061
Agency
COMMUNITY DEVELOPMENT
Council Approval Date
5/7/2019
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NOTICE: THIS SUBORDINATION AGREEMENT CONTAINS A PROVISION WHICH <br />ALLOWS THE PERSON (OR ENTITY) OBLIGATED ON YOUR REAL PROPERTY <br />SECURITY TO OBTAIN A LOAN A PORTION OF WHICH MAY BE EXPENDED FOR <br />OTHER PURPOSES THAN IMPROVEMENT OF THE LAND. <br />IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first set <br />forth above and agree to be bound hereby: <br />r- r <br />Norma Mitre <br />Acting Clerk of the Council <br />APPROVED AS TO FORM <br />Sonia R. Carvalho <br />RECOMMENDED FOR APPROVAL <br />Steven A. Mendoza <br />Executive Director <br />Community Development Agency <br />ATTEST: CITY OF SANTA ANA <br />Stine Ridge <br />City Manager <br />[Signatures must be acknowledged.] <br />[Signatures follow on page 7 of this Subordination Agreement. <br />The remainder of this page is intentionally left blank.] <br />AHSC Subord. Agrmt. <br />(NOFA— 01130/15) <br />Rev: 11/08/2018 <br />Prep: 08/03/2019 (City of Santa Ana Liens) <br />Dev: Depot at Santiago <br />Loan No.: 14-AHSC-10478 <br />Page 6 of 10 <br />
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