Appendix F: Form of Subordination, Nondisturbance, and Attornment Agreement

AuthorGregory M Stein - Michael D Goodwin - Morton P Fisher Jr
Pages440-446
440 Appendices
Appendix F
Form of Subordination, Nondisturbance,
and Attornment Agreement
Note: This document should be executed in recordable form in accordance
with the requirements of the jurisdiction in which the Property is located,
with appropriate notary blocks attached and completed, in case the par-
ties decide to record it either in connection with the closing or prior to a
foreclosure.
SUBORDINATION, NONDISTURBANCE, AND ATTORNMENT
AGREEMENT
THIS SUBORDINATION, NONDISTURBANCE, AND ATTORN-
MENT AGREEMENT (“this Agreement”) is made this day
of , 20 (the “Effective Date”), by and between
, a , whose
address is (together
with its successors and assigns, the “Mortgagee”), as mortgagee, and
, a , whose
address is (together
with its successors and assigns, the “Tenant”), as tenant.
Introduction
A. , a ,
whose address is
(together with its successors and assigns, the “Landlord”), owns the land
described in Exhibit A to this Agreement (such land, together with all
improvements thereon, and all easements, rights, and ways appurtenant
thereto or in anywise belonging and all of Landlord’s right, title, and inter-
est in all public ways adjoining the same is collectively called the “Prop-
erty”). The improvements on such land are commonly known as ________
_________________________________.
B. Mortgagee has made a loan to Landlord in the original principal
amount of Dollars ($___________) (the
“Loan”).
C. To secure the Loan, Landlord has encumbered the Property
by entering into that certain dated
, 20 , in favor of Mortgagee (as amended, increased,
renewed, extended, spread, consolidated, severed, restated, or other-
wise changed from time to time, the “Mortgage”) [to be] recorded [on
, 20 , at liber , folio ] in the land records of
County, (the “Land Records”).
ste54861_10_app_365-516.indd 440 8/4/16 3:28 PM

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT