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