67.243—Requirements for instruments subordinating mortgages.

An instrument subordinating a mortgage presented for filing and recording must:
(a) Be signed by or on behalf of each mortgagee whose mortgage is being subordinated; and
(b) Recite the following:
(1) The name and address of each mortgagee whose mortgage is being subordinated; and
(2) The name and address of each party holding an interest in the instrument subordinating the mortgage.