Subordination agreement with 2 loan

[Morgan Chan]

i am looking into going into a trustee sale on deed of trust for $300,000 by evergreen "second lien holder" but after getting a title report i see there are a Subordination agreement between CTBC "first lien holder" and evergreen. If i purchase the lien on evergreen would CTBC debt be wipe out or i will be on hook for the first lien as well? Also, there is unpaid property tax as well, will the property tax be written off or which party will be responsible for it?

thanks,

morgan