Extract to table

The recording information for the Building Loan Mortgage is set forth in Exhibit B attached hereto and made a part hereof (or shall be inserted therein upon recording)

" In the event that all advances are made solely under the Building Loan, references herein to the Project Loan Mortgage shall be deemed to be of no force or effect, and the term "Mortgage" shall mean the Building Loan Mortgage alone

All capitalized terms used in this Subordination Agreement and not otherwise defined herein shall have the meanings ascribed to them in the Recitals set forth above, which Recitals are incorporated herein by reference and made a part hereof

To the extent that any capitalized term used herein is also defined in the Building Loan Agreement, such term shall have the meaning given to it in the Building Loan Agreement unless a different definition is expressly set forth in this Subordination Agreement

As used in this Subordination Agreement, the following terms shall have the following meanings: (a) "Agent" means Ironclad National Bank, N

Contractor agrees that this subordination shall be self-operative and that no further instrument of subordination shall be required, although Contractor agrees to execute and deliver any confirmatory instruments that Agent may reasonably request from time to time