Subordination Agreement 1993-0174231
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.RECORDED REQUEST OF FIRST AMERICAN TITLE
SUBDIVISION MAPPING DEl'ARTMEN~ ~
RECORDING REQUESTED BY
THE CITY OF POWAY
1075
D~~ " 1993-0174231
22-MAR-1993 11=19 AM
OFFICIAL RECORDS
SAH DIEGO COUHTY RECORDER'S OFFICE
AHHETTE EVAHS, COUHTY RECORDER
FEES: 0.00
WHEN RECORDED MAIL TO:
CITY OF POWAY
P. O. BOX 789
POWAY, CA 92064
THIS SPACE FOR RECORDER'S USE
SUBORDINATION AGRBBIII!:JlT
(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 POWAY VIEWS, a California limited partnership
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 fJI/rfZ.ct! Z~ I?'1J File No. '13 - 0 1112 30,
the real property described in said Deed of Trust.
and affects
The undersigned Beneficiary of said Deed of Trust declares and acknowledges that it
pereby intentionally waives, relinquishes, and subordinates the priorities and
superiorities of the lien and charge of said Deed of Trust upon the land described
t~erein 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: 2 - <J - 'i j
BENEFICIARY:
POWAY VIEWS
By:
rtnership
R/W No.
Exc. No.
Project:
f.. ~ /'
By:
NOTE: ALL SIGNATURES MUST BE ACKNOWLEDGED IR1.rlUUES.
Use proper form a~~ached or staple appropria~e form ~ere~o.
'\
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ALL-PURPOSE ACKNOWLEDGMENT
6
State 01 California
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County 01 San Diego
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On February 9. 1991lelore me, Judith A. Goulart
DATE NAME, TITLE OF OFFICER - E.G., "JANE DOE, NOTARY PUBLIC.
personally appeared Martin A. Lotz---------------------------
NAME(S) OF SIGNER(S}
[)J personally known to me - OR - 0 proved to me on the basis of satislactory evidence
to be the person(s) whose name(s) is/are
subscribed to the within instrument and ac-
knowledged to me that he/she/they executed
the same in his/her/their authorized
capacity(ies). and that by his/her/their
signature(s) on the instrument the person(s).
orthe entity upon behalf of which the person(s)
acted, executed the instrument.
Witness my hand and official seal.
OFFICIAL SEAl
UDITH A. GOULAR
NOTARY PUBUC-CAlJFORNIA
SAN DIEGO COUNTY
MY COMMISSION EXPIRES
MAY 25. 1995
NO 209
CAPACITY CLAIMED BY SIGNER
o INDIVIDUAL(S)
o CORPORATE
OFFICER(S)
TITLE(S)
119 PARTNER(S)
o ATTORNEY-iN-FACT
o TRUSTEE(S)
o SUBSCRIBING WiTNESS
o GUARDIAN/CONSERVATOR
o OTHER:
SIGNER IS REPRESENTING:
NAME OF PEASON(S) OR ENTITY(IES)
Powav Views. Calif. Limit
Partnership
ATTENTION NOTARY: Although the information requests slow is OPTIONAL, il could prevent fraudulent attachment of this certificate to unauthorized document.
THIS CERTIFICATE
MUST BE ATTACHED
TO THE DOCUMENT
DESCRIBED AT RIGHT:
Title or Type of Document Subordination Agreement
Number of Pages 4 Date 01 Document 2-9-93
Signer(s) Other Than Named Above
('J 1991 NATIONAl NOTARY ASSOCIATION 08236 RemmetAve.. P.O. Box 7184 0 Canoga Pari<., CA91304-7184