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Text File  |  1986-02-18  |  911b  |  47 lines

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  17.                     SUBORDINATION AGREEMENT OF SECURED DEBT
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  21.                For $1.00 and other valuable consideration the 
  22.         undersigned having or acquiring a security or mortgage interest 
  23.         in the collateral of_________________ , (Debtor), hereby agrees 
  24.         that said security or mortgage interest shall be subordinate to 
  25.         the security interest, mortgage or lien of_______________________,  
  26.         dated _________________, 19__, in the following collateral of the 
  27.         security agreement:  (Describe)
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  30.                Signed and sealed this _______day of ________, 19__.
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  34.                                       ____________________________
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  37.         Assented to:
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  41.         _________________________________
  42.         Debtor
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  45.                                                  Form 137
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