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2012/02/29 Council Agenda Packet
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2012/02/29 Council Agenda Packet
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Council Agenda Packet
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2/29/2012
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2 <br /> AFTER RECORDING,RETURN TO: <br /> Snohomish County Office of Housing <br /> Homeless,and Community Development <br /> 3000 Rockefeller Ave.,MS 305 <br /> Everett,WA 98201 <br /> Attention:Dean Weitenhagen <br /> • <br /> SUBORDINATION AGREEMENT <br /> (Housing Hope Village/Snohomish County HTF Deed of Trust) <br /> GRANTOR: CITY OF EVERETT,a municipal corporation of the State of Washington <br /> HOUSING HOPE,a Washington nonprofit corporation <br /> GRANTEE: SNOHOMISH COUNTY,a political subdivision of the State of Washington <br /> CHICAGO TITLE INSURANCE COMPANY <br /> ABBREVIATED LOTS 1-4 CITY OF EVERETT SHORT PLAT#74-95;PTN BLK 5,BEVERLY <br /> LEGAL: HILLS DW#4,VOL 10,PG 97 <br /> (Additional Legal Description on Exhibit A) <br /> TAX PARCEL NO(S): 003932-005-000-03;003932-005-000-04; 003932-005-000-05;003932-005-000-00; <br /> 003932-005-000-06 <br /> REFERENCE NO(S): 9407150054;9706200423;9706200424; 9706200425; <br /> 1. City of Everett, a municipal corporation of the State of Washington ("Subordinator") is <br /> the owner and holder of that certain Deed of Trust executed by Housing Hope, a Washington <br /> nonprofit corporation ("Housing Hope" and/or "Borrower") dated July 8, 1994, and recorded <br /> July 15, 1994 under Snohomish County Auditor's File No. 9707150054; all of Borrower's <br /> interest and obligations therein having been assigned to and assumed by Hope Village Limited <br /> Partnership, a Washington limited partnership (the "Partnership"), pursuant to that certain <br /> SUBORDINATION AGREEMENT) PAGE 1 <br /> 11 <br />
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