Subordination Agreement 1993-0554188
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RECORDING REQUESTED
CITY OF PC 'i
WHEN RECORDED MAIL
CITY OF POWAY
P.O. BOX 789
POWAY, CA 92064
BY:
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C" J U 1993-0554188
Z5-AI JCi-l 993 10: ~;5 AFl
TO:
OFFICIAL RECORDS
SAH DIEGO COUNTY RECORDER'S OFFICE
ANNETT~ EVANS; COUNTY \ECORDER
FEES: 0.00
SUBORDINATION AGREEMENT
A((OA10~A no~~ ONLY
ROADWAY
FOR VALUE RECEIVED, the undersigned, as Beneficiary under a Deed of Trust dated
September 5. 1990, recorded in the Office of the County Recorder of San Diego County September 5.
1990, File No. 90-483018, and as owner and holder of the obligations thereby secured does hereby
make subject and subordinate the liens thereof to the Easement granted by
TECH BUSINESS CENTER, a California general partnership
to the CITY OF POW A Y, 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 jiltS. 2.5; N<f3, File No.119.3-o5':i41f/1, 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:
&'if1- 95
BENEFICIAR Y:
POW A Y VIEWS
R/W No:
a California limited partnershio
Exc. No.:
Proj ect:
By:
the
Trust
By:
NOTE: ALL SIGNATURES MUST BE ACKNOWLEDGED BEFORE A NOTARY PUBLIC.
Use proper form attached or staple appropriate form thereto.
STATE OF CALIFORNIA} 55
COUNTY OF SAN DIEGO Notary Public
On August 4. 1993OOlore me, Elizabeth J. Boulerice.
personally appeared Neville F. Bothwell and PAil 1 K_ 'l'r.hFlng
1St personally known to me .OR. CI proved to me on the basis of satisfactory evidence
to be the person(s) whose name(s} Is/are
subscribed to the within instrument and ac-
.' a~ , OFF owledged to me that he/she/they executed
...... ..f'.... ELIZA ICJAl Sf~l .1l same in his/her/their authorized capa-
" NOTrREJ~JBIic~~UL~RIC~ (ies) , and that by hislherltheir sign-
, SAN DIEGO C00"~T~IA re(s) o~ the instrument the, person(s)
My Commission Expires the entity upon behalf of which the person(s)
JANUARY Hi, 1995 ted, executed the instrument
2041
CAPACITY CLAIMED BY SIGNER
[:J INDIVIDUAL(S)
[:J CORPORATE
OFFlCER(S)
III PARTNER(S)
[:J ATTORNEY-IN-FACT
[:J TRUSTEE(S)
[:J SUBSCRBING WITNESS
[:J GUARDIAN CONSERVATOR
[:J atH8'l
TITLE(S)
SIGNER IS REPRESENTING
NAME OF PERSON(S) OR ENTITY(IES)
Bothwell InternationAl. ford
TechbiU Construction Corn.
THIS CERTIFICATE
MUST BE ATTACHED
TO THE DOCUMENT
DESCRIBED AT RIGHT,
Title or Type of Document
Number of Pages 3
Signer(s) Other than Named Above
~rnnt nf F.r1~pmpnt ~ RnrlintAr;:y)
Date of Document ~, '1l1c:t- L1. 1 QQ<