Subordination Agreement 1981-176132 ® ® 81-116132
• 188 2 - FILE/PAO•E NO. • .--.
BOOK ;981
RECORDING REQUESTED BY: RECORDED REQUEST OF
TITLE INSURANCE AND TRUST
THE CITY OF POWAY JUN 5 II 09 MI '8!
StWHEN RECORDED MAIL TO: OFFICIAL RECORDS
• . SAN DIEGO COUNTY,'CA •
THE CITY OF POWAY VERA L. LYLE
S. Public Services Dept. • RECORDER •
P.O. BOX 348
POWAY, CALIFORNIA
NO FEE
92064 THIS SPACE FOR RECORDERS USE
/0793/Z - tog .
SUBORDINATION AGREEMENT
FOR VALUE RECEIVED, the undersigned, as Beneficiary under a Deed of Trust dated
December 1, 1980 , recorded in thefOffice of the County Recorder of San Diego •
County December 10, 1980, File No 80-414522 , and .as owner and holder of the
obligations thereby secured does hereby make subject and subordinate the liens thereof
to the Easement granted by ETIF, A General Partnership 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 28, 1981 , File No. 81-128432 , 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 28, 1981 BENEFICIARY: California FirstBank
R/W No, 1079312 a California Banking Corporation
5
Project: White-Staub ,/
Extension By. dab!, / a.I. . •
'H L. GQFF Vice President
MaliBy: '...-
NOTE: ALL SIGNATURES MUST BE ACKNOWLEDGED CORN IS ' RK, Assistant Vice
President
'' NOTARIES: Use proper form attached
. or staple appropriate, -
form thereto. - - •
NO CHARGE ON THIS DOCUMENT
FILE FOR THE BENEFIT OF
DOC. �c;ty a,' 7.04 9y
• 1883 •
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
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.
3111 Wilnrss /Ar cot,I have hereunto set my hand and affixed my official seal the day and year in this certificate first
above written.
1
Notary Public in and for said County and State.
i
1
L . •
TO ID43 e• 13.741 1
(Corporation) J AND TRUST NCE
STATE OF CALIFORNIA ) •nom oarwar
COUNTY OF San Diego ISS.
On May 28, 1981 before me, the undersigned, a Notary Public in and for said
TState,personally appeared Ralph L. Goff in
known to me to be the Vice President, and Cornelis Perk ly appeared
Assistant Vice Pres.wo.$A�, I
known to me to be t I
x of the corporation that executed the within Instrument, ument, and duly
u known to me to be the persons who executed the within
Instrument on behalf of the corporation therein named, and r"hti neiAt i.W. riVele•WAAtiy
macknowledged to me that such corporation executed the }5 orrlctAL SEAL certificate first
within instrument pursuant to its by-laws or a resolution of _ y,• SANDRA MARTINEZ
its board of directors. NOTARY PUBLIC • CAlliOdntA
N r
Principal Office in San Otago County f
WITNESS my hand and official seal. My Commission bp. Aug. 3, 1982 .',
Y4WhV1IV tine .f.M11A+4.ti45nn.uri
an-------2 -41:274-1-------
._ te.
CORPORATION FORM
STATE OF }es
County of
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
I
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 Corporation executed the same.
Al U)ilnrss 1,1)lirrr01, 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.