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Subordination Agreement To Secured Debt

FOR VALUE RECEIVED, the undersigned having or acquiring a security interest in the following collateral of _, [Debtor], hereby agrees that said security interest shall be subordinate to security interest or lien of _, dated _, 20_, in the following collateral of the security agreement:

[Describe]

Signed under seal this _ day of _, 20_.

___________________________

Assented to:

___________________________

Debtor