Subordination Agreement 1981-246348 •
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81-246349
FILE/PAGE N0. I
RECORDING REQUESTED BY: BOOK 1881 I
RECORDED REQUEST OF
THE CITY OF POWAY TITLE. INSURANCE I
WHEN RECORDED MAIL TO: • AUG Y 10 38 ��� Si
• OFFICIAL RECORDS I
THE CITY OF POWAY SAN DIECO COUNTY.CA,
DEPARTMENT OF PUBLIC WORKS VERA L. LYLE
prnn90FF NO FEE
P.O. BOX .348
•
POWAY, CALIFORNIA 92064 THIS SPACE FOR RECORDERS USE I
• /O3'O ?L -dc
SUBORDINATION AGREEMENT
FOR VALUE RECEIVED, the undersigned, as Beneficiary under. a Deed cf Trust dated
August 12 1980 , recorded in the Office of the County Recorder of San Diego
County August- 76 19R0 , File No. 80-273688 , 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 _
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to THE CITY OF POWAY, it being understood and agreed that foreclosure of said Deed of
Trust shall nut 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.
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STATE OF CALIFORNIA
COUNTY OF _ , -c e
7 - r '
1 ON is al , BEFORE ME, A NOTARY PUBLIC IN AND FOR THE STATE
OF CALIFORNIA, PERSONAL Y APPEARED __ asLae_ _ A. �e
KNOWN TO ME TO BE THE ,_• a_rcuesS s_ c [,
' OF THE SMALL BUSINESS ADMINISTRATION AND TO BE THE PERSON WHO
1 EXECUTED THE WITHIN INSTRUMENT ON BEHALF OF SAID ADMINISTRATION AND
1 ACKNOWLEDGED TO ME THAT SAID ADMINISTRATION EXECUTED THE SAME.
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OFFICIAL SEAL.LlndcGrarbeORNIPUBLIC --- \,. NOTPRYPUBLIC FFICE I RNUI,_,:'. PRINCIPAL OFFICE IN
SAN DIEGO COUNTY
(CAL. CIV. CD. SEC. 1191 ) MY COMMISSION EXPIRES JULY I], 1984
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form thereto. NO CHARGE ON THIS DOCUMENT
. FOR THE BENEFIT OF .
• CITY OF POWAy
. FILE
DOC # 3 72 C _