Subordination Agreement 1994-0433373I4MORBENG RHOU 7
AND WHEN RECORDED MAIL THIS DEED AND, UNLESS
OTHERWISE SHOWN BELOW, MAIL TAX STATEMENTS TO:
Name City of Poway
Street
Address P.O. Box 789
City
Slate Poway, Ca. 92074
SUBORD
'14, ,-
BY STEWARr .TITU
DOC # 1994- 0433373
11--JUL -1994 03:49 PM
579
OFFICIAL RECORDS
SAN DIEGO COUNTY RECORDER'S OFFICE
GREGORY SMITH, COUNTY RECORDER
RF: 7.00 FEES:
AF* 10.00
5 . 1.00
RECORDERS USE ONLY
[NATION AGREEMENT
NOTICE: THIS SUBORDINATION AGREEMENT RESULTS IN YOUR SECURITY
INTEREST It' THE PROPERTY BECOMING SUBJECT TO AND OF LOWER PRIORITY
THAN THE LIEN OF SOME OTHER OR LATER SECURITY INSTRUMENT.
I.
FOR VALUE RECEIVED, the undersigned LIEN HOLDER AND PROPERTY OWNER
7, 00
respectively, under that certain LIEN AGREEMENT more particularly described
in Paragraph II, do hereby subordinate the lien, ,charge,.effect
and/or encumbrance thereof on the property described in Paragraph
IV to that certain lien or encumbrance more particularly set forth
in Paragraph III.'
The real property affected hereby is described in Paragraph IV.
This Agreement shall inure to the benefit of the'parties set
forth in Paragraph III, and shall bind the heirs, successors and
assigns of the undersigned.
II.
1993
A, recorded LIEN AGREEMENT executed June 22.J and Rernrded Jul v# 13, 1993
As File No. 1993- 0445353
by and between THE CITY OF POWAY, a Municipal Corporation
as LIEN HOLDER
and STEVEN L. DIX AND
as PROPERTY OWNERS
covering the property described in Paragraph IV.
III.
A Deed of Trust dated June 30 1994 , executed
by STEVEN L. DIX AND DONNA CHIN DIX
to MEDALLION MORTGAGE COMPANY, A California Cor *;nn
SLENDER to secure an
indebtedness of $ 202,100.00 , in favor
Of MEDALLION MORTGAGE COMpANy a Ca
r
0!7
W11
and any o ther amounts payable under the terms thereof, which Deed
Of Trust is to be recorded concurrently herewith.
IV.
PARCEL l:
,PARCEL 21 of Record of Survey Map No. 4134, filed in the Office of the County
Recorder of San Diego County, January 7, 1957 as File No. 3105, being a portion
of Lots 3 and 4, Block "A" of Poway, in the City of Poway, County of San Diego,
State of California, according to Map Thereof No. 536, Filed in the Office of
the County Recorder of San Diego County, May 7, 1988; as more particularly
described in complete legal description attached hereto and made apart hereof
as Exhibit "A ".
DATED J u L- y S, 15 5L�
By;
City of Po t a Municipal Corporation
S
DONNA CHIN DIX
581
EXHIBIT "A"
LEGAL DESCRIPTION
06- 145608
THE LAND REFERRED TO HEREIN IS SITUATED IN THE STATE OF
CALIFORNIA, COUNTY OF SAN DIEGO AND IS DESCRIBED AS FOLLOWS:
PARCEL 1:
PARCEL 21 OF RECORD OF SURVEY MAP NO. 4134, FILED IN THE OFFICE
OF THE COUNTY RECORDER OF SAN DIEGO COUNTY, JANUARY 7, 1957 AS
FILE NO. 3105, BEING A PORTION OF LOTS 3 AND 4, BLOCK "A" OF
/ POWAY, IN THE CITY OF POWAY, COUNTY OF SAN DIEGO, STATE OF
11 CALIFORNIA, ACCORDING TO MAP THEREOF NO. 536, FILED IN THE
OFFICE OF THE COUNTY RECORDER OF SAN DIEGO COUNTY, MAY 7, 1888.
RESERVING THEREFROM AN EASEMENT FOR ROAD AND PUBLIC UTILITY
PURPOSES OVER THAT PORTION LYING WITHIN THAT CERTAIN STRIP OF
LAND SHOWN AND DESIGNATED ON SAID RECORD OF SURVEY MAP NO. 4134,
AS "60 FOOT EASEMENT RESERVED FOR ROAD" TOGETHER WITH THE RIGHT
TO GRANT SAID EASEMENT TO OTHERS.
PARCEL 2:
AN EASEMENT FOR ROAD AND PUBLIC UTILITY PURPOSES OVER ALL OF
THOSE CERTAIN STRIPS OF LAND LYING WITHIN THE BOUNDARY OF RECORD
OF SURVEY MAP NO. 4134, FILED IN THE OFFICE OF THE COUNTY
RECORDER OF SAID SAN DIEGO COUNTY, JANUARY 7, 1957 AS FILE NO.
3105, BEING PORTIONS OF LOTS 2 TO 5 INCLUSIVE, BLOCK "A" OF
POWAY, IN THE CITY OF POWAY, COUNTY OF SAN DIEGO, STATE OF
CALIFORNIA, ACCORDING TO MAP THEREOF NO. 536, FILED IN THE
OFFICE OF THE COUNTY RECORDER OF SAN DIEGO COUNTY, MAY 7, 1888
AS SHOWN AND DESIGNATED ON SAID RECORD OF SURVEY 4134 AS "60
FOOT EASEMENT RESERVED FOR ROAD ".
EXCEPTING FROM SAID STRIPS OF LAND, THOSE PORTIONS THEREOF LYING
SOUTHERLY OF THE SOUTHERLY LINE OF LOT 4, BLOCK "A" OF POWAY,
AS SHOWN ON SAID RECORD OF SURVEY MAP NO. 4134.
ALSO EXCEPTING FROM PARCEL 2, THAT PORTION LYING WITHIN SAID
PARCEL 1 ABOVE DESCRIBED.
CALIFORNIA ALL - PURPOSE: ACKNOWLEDGMENT
State of California
County of San Diego
'z
On July 6. 1994 before me, Susie Orr
DATE NAME, TITLE OF OFFICER - E.G.. "JANE DOE. NOTARY PUBLIC"
personally appeared STEVEN L. DIX AND DONNA CHIN DIX
NAME(S) OF SIGNER(S)
❑ personally known to me - OR - Dx proved to me on the basis of satisfactory evidence
to be the person(s) whose name(s) is /are
subscribed to the within instrument and ac-
knowledged to me that haWley executed
the same in $htheir authorized
capacity(ies), and that by Wh- /their
signature(s) on the instrument the person(s),
or the entity upon behalf of which the
OFFICIAL SEAL person(s) acted, executed the instrument.
SUSIE ORR
°I NOTARY PUBLIC - CALIFORNIA
° SAN DIEGO COUNTY WITNESS my hand and official seal.
IF" Tk My Comm. Expires Nov. 25, 1994
SIGNATURE OF NOTARY
OPTIONAL
No 5907
Though the data below is not required by law, it may prove valuable to persons relying on the document and could prevent
fraudulent reattachment of this form.
CAPACITY CLAIMED BY SIGNER
XL� INDIVIDUAL
❑ CORPORATE OFFICER
TITLE(S)
❑ PARTNER(S) ❑ LIMITED
❑ GENERAL
❑ ATTORNEY -IN -FACT
❑ TRUSTEE(S)
❑ GUARDIAN /CONSERVATOR
❑ OTHER:
SIGNER IS REPRESENTING:
NAME OF PERSON(S) OR ENTITY(IES)
DESCRIPTION OF ATTACHED DOCUMENT
Subordination Agreement
TITLE OR TYPE OF DOCUMENT
3
NUMBER OF PAGES
July 5, 1994
DATE OF DOCUMENT
Marjorie K. Wanlsten
SIGNER(S) OTHER THAN NAMED ABOVE
01993 NATIONAL NOTARY ASSOCIATION • 8236 Remmet Ave.. P.O. Box 7184 • Canoga Park. CA 91309 -7184
CA,LtFORNIA ALL-PURPOSE SACKNOWLEDaMENT 583 No. 5907
State of California
County of San Di ego
On July 5, 1994 before me, Susie Orr
DATE NAME. TITLE OF OFFICER - E.G.. 'JANE DOE. NOTARY PUBLIC-
personally appeared MARJORIE K. wAHT.sTEN
NAME(S) OF SIGNERS)
❑ personally known to me - OR - D proved to me on the basis of satisfactory evidence
to be the person(s) whose name(s) is /ane
subscribed to the within instrument and ac-
knowledged to me that tie /she /tbeay executed
the same in hits /her /theik authorized
capacity(ies), and that by hig /her /tftegr
signature(s) on the instrument the person(s),
or the entity upon behalf of which the
person(s) acted, executed the instrument.
OFFICIAL SEAL
SUSIE ORR WITNESS my hand and official seal.
,x, r o NOTARY PUBLIC CALIFORNIA
SAN DIEGO COUNTY
/foH My Comm. Expires Nov. 25, 1994
7 SIGNATURE OF NOTARY
OPTIONAL
Though the data below is not required by law, it may prove valuable to persons relying on the document and could prevent
fraudulent reattachment of this form.
CAPACITY CLAIMED BY SIGNER
❑ INDIVIDUAL
❑ CORPORATE OFFICER
TITLE(S)
❑ PARTNER(S) ❑ LIMITED
❑ GENERAL
❑ ATTORNEY -IN -FACT
❑ TRUSTEE(S)
❑ GUARDIAN /CONSERVATOR
® OTHER: City Clerk
SIGNER IS REPRESENTING:
NAME OF PERSON(S) OR ENTITY(IES)
City of Poway
DESCRIPTION OF ATTACHED DOCUMENT
Subordination Agreement
TITLE OR TYPE OF DOCUMENT
3
NUMBER OF PAGES
July 5, 1994
DATE OF DOCUMENT
Dix
Steven L. fdoc and Donna Chin Dix
SIGNER(S) OTHER THAN NAMED ABOVE
01993 NATIONAL NOTARY ASSOCIATION • 8236 Remmet Ave., P.O. Box 7184 • Canoga Park, CA 91309 -7184