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SUBORDINATION AGREEMENT <br /> For value received, receipt of which is hereby acknowledged, the lien of a certain <br /> mortgage from City of South Bend for the use and benefit of its' Department of Redevelopment <br /> to Shannon L. Root in the original principal amount of$3,400.00 dated <br /> June 28, 2005 and recorded on July 26, 2005 as document number 0533189 in the Office of the <br /> Recorder of St. Joseph County, Indiana, is hereby made subordinate,junior and inferior to the <br /> lien of certain mortgage from Shannon L. Root to American Bank dated <br /> in the amount of $ and recorded in the Office of the <br /> Recorder of St. Joseph County on as document number <br /> Dated: January 8, 2012 City of South Bend <br /> -Redevelopment Commission <br /> STATE OF INDIANA ) <br /> SS: <br /> ST. JOSEPH COUNTY ) <br /> Before me a Notary Public, personally appeared <br /> and acknowledge execution of the <br /> foregoing agreement this day of , 2013. <br /> My Commission Expires: January 7, 2015 <br /> Cheryl K. Phipps, Notary Public <br /> Residing in St. Joseph County, Indiana <br />