Laserfiche WebLink
______________________ <br />______________________ <br />Attention: _____________ <br /> <br /> <br />14. Further Instruments. Each of the parties hereto will, whenever and as often as they <br />shall be requested to do so by the other, execute, acknowledge and deliver, or cause to be executed, <br />acknowledged or delivered, any and all such further instruments and documents as may be <br />reasonably necessary to carry out the intent and purpose of this Agreement, and to do any and all <br />further acts reasonably necessary to carry out the intent and purpose of this Agreement. <br />15. Valid Authorization. Each person executing this Agreement on behalf of a party <br />hereto represents and warrants that such person is duly and validly authorized to do so on behalf <br />of such party with full right and authority to execute this Agreement and to bind such party with <br />respect to all of its obligations hereunder. <br />16. Counterparts. This Agreement may be executed in counterparts each of which shall <br />be deemed an original and all of which when taken together constitute one and the same <br />instrument, binding on all of the parties. The signature of any party to any counterpart shall be <br />deemed a signature to, and may be appended to, any other counterpart. <br /> <br />17. Full Force and Effect. Except as otherwise provided by the terms and conditions <br />of this Agreement, the Regulatory Agreement, including but not limited to the rent and occupancy <br />restrictions therein, remains in full force and effect for the term of the Regulatory Agreement. <br />NOTICE: THIS SUBORDINATION AGREEMENT RESULTS IN THE REGULATORY <br />AGREEMENT BECOMING SUBJECT TO AND OF LOWER PRIORITY THAN THE LIEN <br />OF THE MORTGAGE. <br />(Remainder of page intentionally blank) <br /> <br />Subordination Agreement (Governmental Entity) <br />Centennial Commons Page 5 <br />Active\\119115625.v1 <br /> <br />