16-20 Exhibit A - Subordination Agreement - 8 Glen Road.pdf

Exhibit “A”

SUBORDINATION AGREEMENT Loan No: 3440273625 This Agreement is made this : 20 by The Township of West Orange, whose address is, {the "Lienholder’). WHEREAS the Lienhoider is the holder of a mortgage/deed of trust/lien in the principal amount of $14,335.00 executed by Patrick S. Yates and Betty Ann M. Yates (ihe “Borrower"), dated December 3, 2002 and recorded on December 10, 2002, in Book 8584, Page 58, in Instrument 698599, in the records of Essex County {“Lienholder’s Lien”), covering the properly commonly known as 8 Glen Road, West Orange, NJ 07052-4604 (the “Property”) and legally described as: Situated in the County of Essex, State of NJ: (See attached Legal Description) Tax ID No.: Block 59,01 Lot 8 WHEREAS Quicken Loans Inc. intends to make a loan to the Borrower in a principal amount not to exceed $265,058.00 and dated on or about : 20 to be secured by a mortgage/deed of trust granled to Morigage Electronic | Registration Systems Inc., as nominee for Quicken Loans Inc., its successors and or assigns, covering the Property (“Quicken Loans’ Lien’), and WHEREAS Quicken Loans Inc. will only make the loan to the Borrower provided that Lienholder’s Lien is subordinate to Quicken Loans’ Lien, and WHEREAS Lienholder intends that Quicken Loans’ Lien be prior and superior to Lienholder's Lien. NOW, THEREFORE, it is agreed that in consideration of one dollar and other good and valuable consideration, the adequacy and receipt of which is hereby acknowledged, Lienholder agrees to subordinate and make Lienholder’s Lien subordinate and junior in all respects to Quicken Loans’ Lien. Page 1 of 3

Loan No: 3440273625 Witnesses: Lienholder Signature: Signature Lienholder: The Township of West Orange Printed Name ___ Printed Name Signature Title Printed Name STATEOF _-—) ss COUNTY OF _—.) On » 20___ before me, _____(Notary Name), personally appeared (Lienholder Representative), personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacily{ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. - an (Notary Signature) Notary Public, County of ___., Actingin_ County. State of My commission expires This instrument drafted by and after recording return to: Sara Lancaster Quicken Loans Inc. Subordination Dept 615 W. Lafayette Detroit, MI 48226 Page 2 of 3

EXHIBIT-A -LEGAL DESCRIPTION Taxtd Numbers}: Block 59.01 Lot B Land situated. in the Township of West Grange in the County of Essex in the State of Ni THE PROPERTY (CONSISTS OF THE LAND AND ALL THE BUILDINGS AND: STRUCTURES ON THE LAND.IN THE TOWNSHIP OF WEST ORANGE COUNTY OF ESSEX AND STATE OF NEW JEASEY. THE LEGAL DESCRIPTION 1S: . BEGINNING AT A POINT IN THE WESTERLY SIDELINE OF GLEN ROAD, SAID POINT BEING DISTANT SOUTHWESTERLY 759.00 FEET FROM THE INTERSECTION OF SAID WESTERLY SIDELINE:OF GLEN ADAD WITH THE SOUTHERLY SIDELINE OF OAKRIDGE ROAD, PRODUCED TO FORM AN INTERSECTION; THENCE 1, ALONG THE SAID SOUTHERLY SIDELINE OF GLEN ROAD, SOUTH 28 DEGREES 47 MINUTES WEST, 50 FEET TO‘A POINT; THENCE 2. NORTH 61 DEGREES 13 MINUTES WEST 118.57 FEET TO A POINT ALONG THE LINE OF LOT #770 A POINT, THENCE : 3VNORTH 3? DEGREES 13 MINUTES 36 SECONDS. EAST, 50.045 FEET TO A POINT THENCE; 4,SQUTH 61 DEGREES 43 MINUTES EAST, 116.38 FEET TO APOINT IN THE SAID WESTERLY SIDELINE OF GLEN RGAD AND THE POINT AND! PLACE OF BEGINNING. ALSO BEING KNOWN AND DESIGNATED AS LOT #8 AS SHOWN AND INDICATED UPON AMAP ENTITLED, "MiAP OF EDUCATIONAL BARK”, WEST ORANGE, NJ.IN BLOCK 59-A AND IS iN ACCORDANCE WITH A SURVEY PLAT PREPARED BY JAMES M.HELB, 7.E/LS.'P.P. DATED) JANUARY 18,9597.A5 TAX MAP BLOCK 59.0, LOT'@ AS SHOWN ON THE TAX MAPS OF WEST ORANGE, ESSEX-COUNTY, NJ. FOR INFORMATIONAL PURPOSES ONLY: KNOWN AS LOT 8, IN BLOCK 59.01, ON THE TOWNSHIP OF WEST ORANGE TAX MAP. Commonly knownas: @ Glen Road, West Orange, NJ 07052-4604 THE PROPERTY ADDRESS AND TAX PARCEL IDENTIFICATION NUMBER LISTED ARE PROVIDED SOLELY FOR INFORMATIONAL PURPOSES Page 3 of 3