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I have a first, second and third mortgage. All my payments are on time for the first, the second is subordinate, and the third is a government home improvment loan. The third loan sent me the original paperwork for an emergency home improvement loan after I paid off some medical debt & a credit card (less than $1000). On the subordination page it says it will not subordinate in certain cases, one specified case is the payoff of consumer debt. On this same page it is stamped cancelled in red. What does this mean? Is there anything I need to do? Any advice or information is appreciated.
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