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Aug 26, 2020 — "THIS IS A REFINANCE OF A (DEED OF TRUST, MORTGAGE OR OTHER SECURITY INTEREST) RECORDED IN THE CLERK'S OFFICE, CIRCUIT COURT OF (NAME OF COUNTY ... "Subordinate mortgage" means a mortgage or deed of trust securing an original principal amount not exceeding $150,000, encumbering or conveying an interest in ...Feb 12, 2020 — In deciding that the answer was no, the Virginia Supreme Court adopted the “partial subordination rule,” which it characterized as the majority ... Mar 24, 2023 — A subordination agreement must be signed and acknowledged by a notary and recorded in the official records of the county to be enforceable. (“Subordinate Loan”). The Subordinate Loan is or will be secured by a Deed of Trust,. Assignment of Rents and Leases and Security Agreement, dated as of [. ],. Jan 7, 2013 — This automatic subordination may only be done if the following conditions apply: 1. The Property: The property must be a single family dwelling. NOTE: This "automatic" subordination section does not apply if the junior deed of trust secures an original principal amount in excess of $150,000.00. The new ... Nov 27, 2019 — The complete subordination rule relies primarily on the definition of the term. “subordination,” which contemplates a reduction, not an ... Jan 10, 2018 — trust enter into a written subordination agreement pursuant to which the holder of the first priority deed of trust agrees that the third ... Apr 4, 2022 — Documents shall be accepted for filing according to the provisions of Virginia law. Document types available for this program and indexing ...