Subordination Agreement 1981-153980 " 1 • X74 81-153980
•FILE/PAGE NO. —
' BOOtt 1981
197 RECORDED REDDEST OF
RECORDING REQUESTED BY: INSURANCE AND
tTRU$i
Aria z43Pa 81
THE CITY OF POWAY
OFFWIAL RECORDS
WHEN RECORDED MAIL TO: SAN -`,ERA 0 L ULYLECA
THE CITY OF POWAY RECORDER
DEPARTMENT OF PUBLIC WORKS
P.O. BOX 348
•
POWAY, CALIFORNIA 92064 THIS SPACE FOR RECORDERS USE NO FEE
10789 88- og • .
SUBORDINATION AGREEMENT
FOR VALUE RECEIVED, the undersigned, as Beneficiary under a Deed of Trust dated
December 18, 1973 , recorded in the Office of the County Recorder of San Diego
County January 30, 1974 , File No. 74-04387 , and as owner and holder of the
obligations thereby secured does hereby make subject•and subordinate the liens thereof
to the Easement granted by The Lutheran Church of the Incarnation of _
San Diego County, California
I
I
to THE CITY OF POWAY, it being understood and agreed that foreclosure of said Deed of
Trust shall not affect, defeat or render invalid any rights under and by virtue of
said easement, and said easement shall ;be paramount and superior to the rights of
any purchaser under a foreclosure of said Deed of Trust.
Said easement was recorded April 15, 1981 File No. 81 -114236 , and affects
the real property described in said Deed of Trust.
The undersigned Beneficiary of said Deed of Trust declares and acknowledges that it
hereby intentionally waives, relinquishes, and subordinates the priorities and •
superiorities of the lien and charge of said Deed of Trust upon the land described
therein in favor of said easement, and that it understands that in reliance upon and
in consideration of this waiver, relinquishment, and subordination specific monetary
and other obligations will be entered into by Third Parties which would not be made
or entered into but for said reliance and the execution by Beneficiary of this waiver,
relinquishment, and subordination. I
Dated: May 8, 1981 BENEFICIARY: Lutheran Brotherhood,
R/W No. 107R98R rp,=ntli a Minnesota corp.ration
Exc. No. S _ -I.. ..4 4111 li /
Project: IuthPran Church �} ".4-4:17210 if
:6. tt0ea* t.h,W i
F H FxtPnsion �?e 4-}0 TF,- r•-„A•;.'nrBY• Leona Gronda .
'�.'. Armor .ic,9 a_{:.:. A y ra •Prpci tient
SilF `l%J.r'`F t : i By: Crt3p t I0
NOTE: ALL SIGNATURES MUST BE ACKNOWI:EPGED�"_'}.. 7O ; Y
.tt c'�.\`=�Y'r , i.0 Aa .t- Vi Ca PraciCieRt
NOTARIES: Use proper form 'attache !. _
or staple appropria`�e ' 'f ' -. .. c?:.
form thereto. ' :,4 -0,. '°•>c�0 r •
Te,Qq.�-piL`t,ilr NO CHARGE ON THIS DOCUMENT
FOR. THE BENEFIT OF
�
l�>/ o/ Poivay
DoE . 380 A
19'75
o S
PARTNERSHIP FORM
STATE OF
County of ss
On this day of Al)... 19 before me
a Notary Public in and for the said County and State, residing therein, duly commissioned and sworn, personally appeared
known to me to he one of the partners of the partnership that
executed the within instrument, and acknowledged to me that such partnership executed the same.
J11 Witness WOrrco(,I have hereunto set my hand and affixed my official seal the day and year in this certificate first
above written.
Notary Public in and for said County and State.
GENERAL FORM
STATE OF'
}
County of ss
On this day of A.D., 19 before me
a Notary Public in and for the said County and State, residing therein, duly commissioned and sworn, personally appeared
personally known to me to be the person whose nate subscribed to the within Instrument, and duly
acknowledged to me that he executed the same.
/In Witness Wl)rl•roi, 1 have hereunto set my hand land affixed my official seal the day and year in this certificate first
above written.
Notary Public in and for said County and State.
CORPORATION FORM
STATE OF...MINNE.&OTA
County of .HENNE.P.ID1 ss
On this....8.th day of......may Ai.D., 19.8.1., before me.. Luana.`..K:?'.erhomp.seiri7. ^
a Notary Public in and for the said County and State, residing therein, duly commissioned and sworn;persiinalISI„ i'ppeared'
Leona Grondahl known to me.to be theAsstT"' -3Ce3 1•E'P ident
v.,
and John D. Nystul known to me to be theASSt`.(< a'/ ,� }s3{ Pres.
of the LUTHERAN. JI$RIIQOA
the Corporation '•`•i^ " rirstrr'' tsra
that executed the within Instrument, known to me to be the persons who executed"t1{p withln�ltretnr, ,rn�n
behalf of the Corporation therein named, and acknowledged to me that such Corporation executed%t Ier5aii a )-61�n�•.rr J,r�r,1.
Mn Witness Wilfred, I have hereunto set my hand and affixed my official seal the day and yein •ibigee.ert`ificate'djrst
Cyrti 1
above written. ••
Cr h� ,
mnnimimntnne. y•. 1, ;t't.`> ,
Jil NOTARY PUBLIC•MINNESOTA k;e1/04-1 � 1r
HENNEPIN COUNTY
My CommissionExPues Apr.29.1987 Notary Public in and for said County and State.
Ex