Subordination Agreement 1981-167832 •
02358 81-167832
- FILE/PAGE N0.
BOOK I9BI
RECORDED REQUEST OF
RECORDING REQUESTED BY: TIRE INSURANCE AND TRUST
MAY 2R 3 o1 P!! 'BI
THE CITY OF POWAY '
OFFICIAL RECORDS
WHEN RECORDED MAIL TO: SAN DIEGO
VERA l COUNTY.CA
LYLE
THE CITY OF POWAY RECORDER
DEPARTMENT OF PUBLIC WORKS NO FEE
P.O. BOX 348
POWAY, CALIFORNIA 92064 THIS SPACE FOR RECORDERS USE
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/0 807g-w-- C28 SUBORDINATION AGREEMENT
FOR VALUE RECEIVEL°, the undersigned, as Beneficiary under a Deed of Trust dated
January 27, 1977 , recorded in the Office of the County Recorder of San Diego
County Marrh_1.8., 1977 , File No. 77-098611 , and as owner and holder of the •
obligations thereby secured does hereby make subject and subordinate the liens thereof
to the Easement granted by Philip R. Giesing and Carol A. Giesing
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 10, 1981 , File No. 81-109485 , 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.
Dated: May 21, 1981
BENEFICIARY._ �_ aal._ r�
R/W No. 1080742 Luther Simpson
Exc. No. 9 o
Project: F W Won?worth •d/r�-+//�`` -J
Extension
Bet y S. Simpson
NOTE: ALL SIGNATURES MUST BE ACKNOWLEDGED
NOTARIES: Use proper form attached
or staple appropriate
form thereto. NO CHARGE ON THIS DOCUMENT
FOR THE BENEFIT OF
c tt, cil 17o47dy
FILE
DOCJ e 378A-,
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® 2359 0
PARTNERSHIP 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
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known to me to be one of the partners of the partnership that
executed the within instrument, and acknowledged to me that such partnership executed the same.
Jill Witness W rreoI, 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. ,
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GENERAL FORM
STATE OF
California
County of S'0n Di0ga ss
On this 21st day of May A.D., 19 81 before me Evia L. Powe 11
a Notary Public in and for the said County and State, residing therein, duly commissioned and sworn, personally appeared
Luther Simpson and Betty S. Simpson
personally known to me to be the persons whose name S are subscribed to the within Instrument, and duly
acknowledged to me that t heY executed the same.
ill Witness T.11gtreo(, I hove hereunto set my hand and affixed my official seal the day and year in this certificate first
above written.
1.---.....---.
tee OFFICIAL SEAL
-.y • EVIA 1 POWEL •'''"'"
t'` A :r NOTARY PUBUC ' CALIFORNIA WWWW Notary Public in and for said County and State.
1 �\�it SAN DIEGO COUNTY
My Comm. expires AUG 2i^ MO
CORPORATION FORM
STATE OF
County of ss
On this day of A.D.. 19 before me
i
a Notary Public in and for the said County and State, residing therein, duly commissioned and sworn, personally^appeared
• known to me to be the President
and known to me to be the Secretary
of the ._. _ - ....
the Corporation that executed the within Instrument, known to me to be the;persons who executed the within Instrument, on
behalf of the Corporation therein named, and acknowledged to me that such Corporationexecuted•the some. '
Al Witness Wljereol, I have hereunto set my hand and affixed my official seal the day and year in this certificate first
1 Li r C ; : p F .
above written. . _ -
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Notary Public in and for said County and State.