SUBORDINATION AGREEMENT - Small Business Administration
State of Louisiana ) ... Owner and LENDER shall hold SBA harmless from any impairment of its lien (with regard to any third party) which is occasioned by this subordination. ... penalty, tax, or liability. No MORTGAGOR or GUARANTOR of the 504 Loan may claim or assert against SBA any local or state law to deny any obligation of MORTGAGOR, or ... ................
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