Subordination Agreement Template (Modified Mortgage)

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After Recording Return To:
_________________________
_________________________
_________________________
_________________________
________________________[Space Above This Line For Recording Data]______________________
Subordination Agreement
(Modified Mortgage)
Date:
Property (the legal description of the Property under the Junior Mortgage):
Property Address:
Subordinating Lender:
Junior Mortgage
Date:
Borrower:
Trustee (if applicable):
Recording information:
Senior Lender:
Original Mortgage
Date:
Borrower:
Note secured by Original Mortgage:
Dated:
Original principal amount: $
Recording information:
Modified Mortgage
Date of Modification:
Borrower:
Modified Note secured by Modified Mortgage:
Dated:
Modified principal amount: $
Recording information (when available):
MULTISTATE SUBORDINATION AGREEMENT (Modified Mortgage)–Single Family–Fannie Mae/Freddie Mac UNIFORM
INSTRUMENT
Form 3748 6/09 (page 1 of 2 pages)
After Recording Return To:
_________________________
_________________________
_________________________
_________________________
________________________[Space Above This Line For Recording Data]______________________
Subordination Agreement
(Modified Mortgage)
Date:
Property (the legal description of the Property under the Junior Mortgage):
Property Address:
Subordinating Lender:
Junior Mortgage
Date:
Borrower:
Trustee (if applicable):
Recording information:
Senior Lender:
Original Mortgage
Date:
Borrower:
Note secured by Original Mortgage:
Dated:
Original principal amount: $
Recording information:
Modified Mortgage
Date of Modification:
Borrower:
Modified Note secured by Modified Mortgage:
Dated:
Modified principal amount: $
Recording information (when available):
MULTISTATE SUBORDINATION AGREEMENT (Modified Mortgage)–Single Family–Fannie Mae/Freddie Mac UNIFORM
INSTRUMENT
Form 3748 6/09 (page 1 of 2 pages)
Subordinating Lender is the owner and holder of the Junior Mortgage and obligations
secured by the Junior Mortgage; the Junior Mortgage is a lien on the title to the Property or an
interest in that title.
For value received and to induce the Senior Lender to modify the Original Mortgage,
Subordinating Lender unconditionally subordinates its lien on, and all other rights and interests
in, the title to the Property resulting from the Junior Mortgage to the lien on, and all other rights
and interests in, the title to the Property resulting from the Modified Mortgage. Subordinating
Lender agrees that its lien on, and all other rights and interests in, the title to the Property
resulting from the Junior Mortgage will remain subordinate to the lien on, and all other rights
and interests in, the title to the Property resulting from the Modified Mortgage regardless of any
renewal, extension or further modification of the Modified Mortgage.
This Subordination Agreement shall be binding upon the successors and assigns of the
Subordinating Lender.
When the context requires, singular nouns and pronouns include the plural.
Mortgage means mortgage, deed of trust, trust deed or other security instrument.
__________________________________
[Name of Subordinating Lender]
By: ______________________________
_______________________[Space Below This Line For Acknowledgment]______________________
MULTISTATE SUBORDINATION AGREEMENT (Modified Mortgage)–Single Family–Fannie Mae/Freddie Mac UNIFORM
INSTRUMENT
Form 3748 6/09 (page 2 of 2 pages)

Download Subordination Agreement Template (Modified Mortgage)

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