Subordination Agreement 1981-167833 • 0360
® 81=167833
• .FILE/PACE'NO.
BOOK 1981
RECORDED flEQIJEST OF
RECORDING REQUESTED BY: TITLE INSURANCE AND TRUST
THE CITY OF POWAY Mon 3 0].gf d '81
OFFb)IAL RECORDS
WHEN RECORDED MAIL TO: SAN DIEGO COUNTY, CA
VERA L. LYLE
THE CITY OF POWAY RECORDER .
DEPARTMENT OF PUBLIC WORKS •
P.O. BOX 348 NO FEE
POWAY, CALIFORNIA 92064 THIS SPACE FOR RECORDERS USE
/oge27(4,9-08 •
SUBORDINATION AGREEMENT
•
FOR VALUE RECEIVED, 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 March 18 1977 , File No. ' 77-098612 , 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 aiming
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: (el
R/W No. 1080742 . Luther Simpson
Exc. No. 10
Project: F.W. Woolworth
Extension `T
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
rencystly
DX. 3716
• ® 2361 ® j
PARTNERSHIP FORM
STATE OF
55
County of
• On this day of A.D., l9 before me
I
a Notary Public in and for the said County and State, residing therein, duly commissioned and sworn, personally appeared
I 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.
i
31u /Ilnfss 12J11frf0(, I have hereunto set my hand end affixed my official seal the day and year in this certificate first
above written.
I I
I
Notary Public in and for said County and State.
GENERAL FORM
STATE o>:....,Ca
California 1
ss
yy (
County of �aI'} ..X).1r.2.90
On this 21st day of May A.U.. 19 81' he Core me Evia L. Powell
a Notary Public in and for the said County and State, residin_g therein, duly commissioned and sworn, personally appeared
Luther Simpson and Betty S . Simpson
personally known to me to he the person...S..whose name $ ax.e subscribed to the within Instrument, and duly
acknowledged to me that they executed the same.
ha Witness Whereof, I have hereunto set my hand and affixed my official seal the day and year in this certificate first
above written. 1/4C11)1�, ���Q .
-------€'
- OFFICIAL SEAL .. -n-• � k'^�—L •
ft_„ f. ��rr{� EVIA L POWELL Notary Public in and for said County and State.
a ; NOTARY PUBLIC - CALIFORNIA
\ +lpr� SAN DIEGO COUNTY
,;47..i My comm. expires AUG 21t 1984 .
CORPORATION FORM
STATE OFl '
County of j as
I i
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
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•thewiLhiri'Inel'ntment, on
behalf of the Corporation therein named, and acknowledged to me that such Corporatit&tn executed the same. t
Al IWilllfs5 Wilfrid, I have hereunto set my hand and affixed my official seal Flbe day ei?eyearrn this;certificnte first
above written. �{ (^ ^ r q ,y r
I
. I
Notary Public in and for said County and State.