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relinquishsmut and subordination, sp~eifi~ loans, extensions and advances are <br />being and fill be made and, as a part and parcel thereof, specific monetary <br />and ocher obligations are being and wtll be entered into ~htch msuld net be <br />incurred or entered into but for Lender w · re l/anne upon this waive r, <br />relinquishsent and subordination. Without limiting the generality of the <br />foregoing, the parEice hereby acknovZedge end agree that ~be lien of any <br />assessment district hereafter lawfully imposed by Che City or any other <br />governmental entity having Jurisdiction over Che Property shell not, eithouC <br />further eriCtan qreemant betmen the parties .and/or such other governmenCal <br />enticy, be eubordinece Co the Deed of Trust. <br /> <br /> 3. Lender is an intended beneficiary of this Subordination qreement <br />and shell be encitled to enforce the terms, covenants and conditions conCeined <br />herein as · third-party beneficiary. <br /> <br /> NOTICE: THIS SUBORDINATION AGREENENT CONTAINS A PROVISI~N ~NICH <br /> ALL(IdS THE PERSON OBLIGATED PURSUANT TO YOUR AGREENENT TO OBTAIN A <br /> LOg SECURED BY A DEED OF TRUST SENIOR AND SUPERIOR TO THE AGREEMENT. <br /> <br />CITY: O~NER: <br />CiCy of Pleasanton, CRO EKER-SINGLETON ~I12, <br /> <br />By: : <br /> Dennis E. Slnl~eton~ <br /> General Partner <br /> <br /> g <br /> <br /> <br />