Subordination Agreement 1991-0508912
RECOROING REQUESTED L ~ Du~ " 1991-0508912
. CIF OF POWAY ~ 450 02-0CT-1991 08=23 AM
AND WHEN RECORDED MAl L TO:) OFFICIAL RECORDS
) SAH DIEGO COUHTY RECORDER'S OFFICE
CITY CLERK ) AHHETTE EUAHS, COUHTY RECOROER
CITY OF POWAY) FEES: 0.00
P.O. BOX 789 )
POWAY, CA 92064 )
: ) This space for Recorder's use
,
! SUBORDINATION AGREEMENT
I
FOR VALUE RECEIVED, the undersigned, as Beneficiary under a Deed of Trust dated
August 21, 1989, recorded in the Office of the County Recorder of San Diego
County August 28, 1989, File No. 89-461672, and as owner and holder of the
obligations thereby secured does hereby make subject and subordinate the liens
thereof to the Easements granted by Michael Guendling and Yvonne Guendling,
husband and wife, 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 easements, and said easements shall be
paramount and superior to the rights of any purchaser under a foreclosure of
said Deed of Trust.
Said easement was recorded O~be..- ~ 11'j 'i I , File No. <1 (-0508'1 10
, and affect 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 priori-
ties and superiorities of the lien and charge of said Deed of Trust upon the
land described therein in favor of said easements, 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: ~/;1~ /5) BENEFICIARY: T. Steven Brown and
Elizabeth Brown
R/W No. By: J <n-~
'''.N.. ~~
Project: . r ~ )
By:
(Signatures must be notarized. Notary fonn
attached.)
I
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Ii) ! .
. PARTNERSHIP FORM
STATE OF......................................... } ss
County of. .... _.... .... ........ ......... ..... .......
On thi......... .......d.y of.. .... ..... ..... ...........A. D.. 19.......before m.............. ........................................... ............
. Notary Public in and for the said County .nd St.te. re.iding therein, duly commi.sioned .nd ,worn. person.lIy .PP..,.d......
.................................................................................... known to me to be one of the partners of the partnership thal
executed the within instrument. and acknowledged to me that such partnership executed the same.
1111 Witnfss WI)rrro(. I h.v. h.r.unto s.t my hand and .ffixed my official se.1 the d.y .nd Year in this certific.te first
above written.
...................................................................................
Notary Public in and (or said County and State.
" .
- '/GENERAL FORM
STATE OF.iif~~!................ }
,-. "jf"m " .. a J / / a: Jj
On thi.../.{/....:.:.....d.y or...1::-2c..7,..1/.......A.D.. 19~J.1.. before me. ...(.~;:;.......;;;?:!:.::....!7- ,.>.:&.............
~ ,
. Notar! Public in and!% the s,aid County and St.te, re.idi;: the;L7::3IY commis.ion.d and 'Worn. personally .pp..r.d......
..:z::-.Jkkt:C)...L !.?Qh,:;::)...L10d.../.{.!:d;-:1.6.(;..,(,... ...... 8.Q.~'.:::.... ........... ... ....... ..:..........................
p.rson.lly known to m. to be the p.rson....?..whose n.m......uti'e................ubscribcd to the withon Instrum.nt. and dUly
ackn~owled~ed to me that.......)he7<......executed the same.
$11 WUntSS Wbrrto(, I h.v. h.r.unto s.t my hand and affixed my offie..I s..l the day .nd y.ar in this c.rtificat. fir.t
above wr-itten. (2 /i /' Z~J/
...........................................................,
!. CAROL LYNN RYBOLT 1
1 .' , Notary-Public State 0/ Nevada 1 ",4..,,"=b!~..~:.~.?:J~;:..Sf' .c~,..(/......
: . Appointment R'~orded in Douala. COlI.nt)L i
:. MY APPOINTMfNT EXPIRES MAY .5, If,. . . ------.-/ Notary Public in and for said ounly and State.
t..........................................................
CORPOR.....TIO:-i FOR~1
STATE OF......................................... } ..
County oc. ................. .............. ...... .....
On thi.....................d.y or..............................A.D.. 19....... b.for. me..............................................................
· Notary Public in and for the said County and St.t.. r.siding th.rein. duly commls.,oned .nd sworn. person.lly .pp..red.......
...............................................................................................known to m. to b. th..............................Presid.nt
and.......................................................................................... known to m. to be th...............................S.cr.t.ry
or the...............................................................................................................................................................
the CO'l>o,"tion th.t .x.cuted the within Ins""m.nt. known to me to be the p.rson. who .x.cut.d the within Instrum.nt. on
behalf of the Corpora.tion therein named. and acknowledged to me that such Corporation executed tho same.
1111 Wiln'S5 WIJrrrof. t h.ve h.r.unto s.t my hand snd affixed my official s..1 the d.y and y..r in this c.rtific.te fir.t
above WTilten.
..................................................................................
:-':Olnry Puhlic In and rM said County and Stnte.
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