29-18 Exhibit to Resolution Authorizing Subordination of Mortgage re 589 Eagle Rock Avenue.pdf

2. This Subordination Agreement is made on the understanding that Mortgagee shall not be responsible for any of the obligations of Borrower contained in or secured by the New Mortgage. 3. This Subordination Agreement shall be binding upon and inure to the benefit of Lender and Mortgagee and their respective successors and assigns.