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<br />other security instrument in favor of a third party lender <br />if the proceeds of such loan are used only to develop the project <br />site. The City shall execute such subordination agreement or <br />other comparable docu ent as such lender may require. to confirm <br />the senior status. of the lender's security. <br />THIS AGREEMENT is ente~d into as of the day and year first <br />above written. <br />DEVELOPER: <br />~. <br />CITY: CITY OF LEASAPITON <br />B <br />ATTEST: Kenneth R. P'lercer, Mayor <br />es P.. Walker, .City Cler <br />APPROVED AS TO ORM: <br />~~.^,n' ~ ~/ <br />.,...J~~'Ntit~. / 6 <br />Brian 6J. Swift, Acting City Attorney <br />(ATTACH ACKIQOWLEDG2'IEIdTS) <br />-3- <br />