Subordination Agreement 1993-0555782
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REcoRDED REQUEST Of , i RS1 AIIIERICAft TIn! 00.
843
Db " 1993-0555782
25-AUG-1993 02=53 PM
OFFICIAL RECORDS
SAN DIEGO COUNTY RECORDER'S OFFICE
ANNETTE EVANS, COUNTY RECORDER 0 00
FEES: .
RECORDING REQUESTED BY
THE CITY OF POWAY
WHEN RECORDED MAIL TO:
/
TH~S SPACE FOR RECORDER'S USE
Ii (lC C;;7~ "1.':":; t~1'I:: ':: ~'2 S1JBORDINA:rION AGRBEMENT
SLOPE EASEMENT
FOR VALUE RECEIVED, the undersigned, as Benefieiary under a Deed of Trust dated
SEPTEMBER 5. 1990 , reeor~ed in the Offiee of the County Reeorder of San Diego
County SEPTE~ER 5, 1990, File No. 90-483018 ,and as owner and holder of the
obligations thereby secure~ does hereby make subject. and subordinate the liens thereof
to the.Easement gran:e~ by TECH BUSIN~SS CENTER. ~ Californja ::::::~ ::r:nershiD.
lncludlng, but not Ilffilted to. the frantlng to the CltV ~nd thp. T_______i__ 0 th~
Grantor and its successors and assj~ns. of an easement as therejn neRcrihen ;~r ~~e ~rading,
construction, landscaping and maint~nance of slopes and drainage facilitiss for the
ene ~t 0 pr0perty adi~Cb~\JgOJnhJe~~~~Jnlrld agreed that foreelosure of said Deed of
Trust shall not affeet, 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.
CITY OF POWAY
P. O. BOX 789
POWAY, CA 92064
Said easement was
the real property
recorded Av&O~-r 25, 1'115 , File No.l'1'f3-0SS5 7Ft and affects
deseribed in said Deed of Trust.
The undersigned Benefieiary of said Deed of Trust deelares and acknowledges that it
hereby intentionally waives, relin~ishes, and subordinates the priorities and
superiorities of the lien and charge of said Dead of Tru~t upon the land described
therein in favor of said easement, ~nd that it understands that in reliance upon and
in consideration of this waiver, rel'inguishment, 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 relianee and the execution by Benefieiary of this waiver.
relinquishment, and SUbordination.
Dated:
RjW No.
Exc. No.
Project:
BENEFICIARY:
POWAY VIEWS
By:
/::";;~y/""''''
A. Lotz as Trustee of the
A. Lotz Family Trust,
Partner
By:
NO'XE: ALL SIGNATUREs MUS:r BE ACKNOWLEDGED NOTARIES.
Use proper form attached or staple appropriate form thereto.
ATTE~TlCV"OOTARY: Akhough 1he tn'ormalton requested belbw is OPTIONAL, II could preYenI fraudulentanachmenl or this certificate to unauthorized document.
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THIS CERl'IFICATE Title or Type 01 Document ./P- I, ':f=.: ~
MUST BE A IT ACHED . I tl J;t;;J
TO THE DOCUMENT Number of Pa~es Date of Documllnt r _ ..
DESCRIBED AT RIGHT: Signer(s) Other Than Named Above IV "..
Stale of California
}
County of San D1 p.gf>
on}- :.?e,1'l9~
before me,
1 I NAME, tiTlE OF OFFCER. E.G.. . E DOE. NO
personally appeared ~ ':l-:P:- ..-;~
. Cl'- 7~tS~R(S' ,.
o personally known to me - OR . 0 proved to me on the basis of satisfactory evidence
to bq the person(s) whose name(s) is/are
My conmission expires 2/19/94. subs~ribed to the within instrument and ac-
kno~ledged to me that he/shelthey executed
the isame in his/her/their authorized
capadty(ies). and that by his/her/their
sign<1ture(s) on the instrument the person(s).
orthe entity upon behalf of which the person(s)
acted. executed the instrument.
w;,~m:-z:-"
/;'ATURE OF NOTARY
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OFFICIAL SEAL
CLIFF KRUEGER
;otary Publc-Callfomio
SAN DIEGO COlJ'ffl
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19. 19M
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844
CAPACITY CLAIMED BY SIGNER
o INDIVIDUAL(5)
o CORPORATE
OFFICER($)
TITlE(S}
o PARTNER(S)
o ATTORNEY.iN-FACT
fi TRUSTEE(S)
o SUBSCRiBING WITNESS
o GUARDIAN/CONSERVATOR
o OTHER:
SIGNER IS REPRESENTING:
NAME Of PERSON(S) OR ENTITY(IES)