236-22 Exhibit-Subordinantion of Mortgage - 71 Lindsley Avenue.pdf

AFTER RECORDING MAIL TO: 16000 HORIZON WAY, SUITE 200 MOUNT LAUREL, NJ 08054 Assessor’s Parcel Number: BLOCK 72, LOT 43 SUBORDINATION AGREEMENT NOTICE: THIS SUBORDINATION AGREEMENT RESULTS IN YOUR SECURITY INTEREST IN THE PROPERTY BECOMING SUBJECT TO AND OF LOWER PRIORITY THAN THE LIEN OF SOME OTHER OR LATER SECURITY INSTRUMENT. This Subordination Agreement, made this day of 20 by TOWNSHIP OF WEST ORANGE (hereinafter referred to as Beneficiary), present owner and holder of the Mortgage and note first hereafter described, and LAKEVIEW LOAN SERVICING LLC (hereinafter referred to as “Lender”); WITNESSETH THAT WHEREAS, TRAVIS AND TAMIKO EDMEAD (hereinafter referred to as “Owner”) did execute a Mortgage, to TOWNSHIP OF WEST ORANGE covering that certain real property described as follows: ALL THAT CERTAIN LOT, PIECE OR PARCEL OF LAND, WITH THE BUILDINGS AND IMPROVEMENTS THEREON ERECTED, SITUATE, LYING AND BEING IN THE TOWNSHIP OF WEST ORANGE, COUNTY OF ESSEX, STATE OF NJ. BEGINNING AT A POINT ON THE NORTHEASTERLY SIDE OF LINDSLEY AVENUE WHICH POINT IS DISTANT 310.00 FEET NORTHWESTERLY FROM THE CORNER FANNED BY THE INTERSECTION OF THE NORTHEASTERLY SIDE OF LINDSLEY AVENUE WITH THE NORTHWESTERLY LINE OF GASTON STREET, THENCE RUNNING: (1) NORTH 65 DEGREES WEST AND ALONG THE NORTHEASTERLY SIDE OF LINDSLEY AVENUE 30.00 FEET; THENCE (2) NORTH 25 DEGREES EAST 155.00 FEET; THENCE (3) SOUTH 65 DEGREES EAST 30.00 FEET; THENCE (4) SOUTH 25 DEGREES WEST 155.00 FEET TO THE NORTHEASTERLY SIDE OF LINDSLEY AVENUE THE POINT OR PLACE OF BEGINNING. THE ABOVE DESCRIPTION DRAWN IN ACCORDANCE WITH A SURVEY PREPARED BY STEPHEN J. LOVENGUITH, DEED JUNE 11, 2003 AND more commonly known as: 71 LINDSLEY AVE, WEST ORANGE, NJ 07052 to secure a note in the sum of $35,000.00 in favor of TOWNSHIP OF WEST ORANGE which Mortgage was dated 9/22/2018 and recorded on 10/11/2018, as Instrument No. 2018088011 in Official Records of said county, and