Subordination Agreement 1990-587665
210Bl
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NEEDS TO BE RE-RECORDED TO ADD DATE AND FILE'NUMBER
folL f->l:/-ItP'T oP tcq OF ((awAy
SUBORDINATION AGREEMENT
RECORDING REQUESTED BY:
CO\)TIN5N1:AL LAWYFRS TITLE
CITY OF POWAY
AND WHEN RECORDED MAIL TO:
CITY CLERK
CITY OF POWAY
P.O. BOX 789
POWAY, CA 92064
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'10 SIr") C~~
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90 JUN 14 Al1l1: 50
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1,."..~O'_",,;'i'./ ;..ccn~~r'f-'L
RF 4.00
AR 2.00
l~G 1.00
FOR VALUE RECEIVED, the undersigned, as Beneficiary under a Deed of Trust dated
July 8, 1981, recorded in the Office of the.County Recorder of San Diego
County June 9, 1982, Document No. 82-177538 and as owner and holder of the
obligations thereby secured does hereby make subject and subordinate the liens
thereof to the Easement granted by Business Properties Partnership No. 16, A
General 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.
(, - IL/ -'f"l>
Said easement was recorded CONCUrrENTLY HFPEWITH , File No.
90- ,~~<!)..f{L/6- , and affects the real property described in
of Trust.
said Deed
The undersi9ned 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 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 int~ 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 subordi'nation.
Dated: Th~ 1 /'1 '10
R/W No.
Exc. No.
Project:
NOTE: ALL SIGNATURES MUST BE
ACKNOWLEDGED NOTARIES: Use
proper form attached or staple
appropriate form therto.
BENEFICIARY:
Association
Downey Savings and Loan/, A California
Corp. and L.C. Smull, An Individual
BY~~
By: ., , ~ tv, ~
By,3eb~an
Individual
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2110
RE-RECORDED.
90581665
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Nom
o DoWNEY SAVINGS
AND LOANASSCCLA'llON
2109
(Corporation Attorney-in-Fact)
STATE OF CAUFORNIA
COUNTY OF
On M"r,..h ? A. , QQO before me, the undersigned, a Notary Public in and
for said State, personally appeared DPrPk W r..,,,, . known to me to be
the Assistant Vice President, and Cathy Tombrello
known to me to be the Vice President :Jilc!fiIt~ of Downey Savings and Loan
Association and known to me (or proved to me on the basis of satisfactory evidence) to be the persons who
executed the within instrument on behalf of said Downey Savings and Loan Association, the corporation that
executed and whose name is subscribed to the within instrument as the attorney-in-fact of FEDERAL HOME
LOAN MORTGAGE CORPORATION and acknowledged to me thatthey subscribed the name of FEDERAL
HOME LOAN MORTGAGE CORPORATION thereto as principal and the name of Downey Savings and
Loan Association as attorney.in-fact for said FEDERAL HOME WAN MORTGAGE CORPORATION, and
that said Downey Savings and Loan Association executed the same as such attorney-in-fact.
WITNESS m ~and and official seal
Signature
l8-102 (SI88)
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OFFICIAL SEAl
EMILY BELLE EPPICH
Notary Publlc-c.lllomla
ORANGE COUNTY
My Comm. Exp. Aug. 27, 1990
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STATE OF CALIFORNIA I
COUNTY OF ~J.lfll::., ss.
On this the 2 day of ~mbeY'
Notary Public in and lor said CoI,Inty and State. personalty appeared
I . (':, ~/'nLL"
1~, before me the understgned, a
FOR NOTARY SEAL OR STAMP
, personally known
to me or proved to me on the basis of satisfactory evidence to be the
person_ whose name~ subscribed 10 the within inatrumen!
and acknowledged that -O.e- executed the same.
V()PYJ(y7J;I1}' I /. al&O'~
ign fa of Notary
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said State, personally appeared. -----
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,before me, the undersigned, a Notary Public in and for
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personally known to me (Of proved to me on the basis of satis-
factory evidence) to be the person(s) whose name(s} is/are sub-
scribed to the within instrument and acknowledged to me that
he/she/they executed the same.
8)
OFFICIAL SEAt..
WINNIl: M. LADYMAN
NOTARY PUBLIC ~ CALIFORNIA
ORl\llGE COUNlY
My ...... expire. SO' 17, 1993
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WITN ESS my hand and official seal.
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Signatur~---'/21..-,-~--
. (This area for official notarial seal)
o DowNEY SAVINGS
AND LOAN ASSOC""TIClN
(Corporation Attorney-in-Fact)
STATE OF CAliFORNIA
COUNTY OF
On October 4, 1990 before me, the undersigned, a Notary Public in and
for said State, personally appeared DEREK W. GEE , known to me to be
the Assistant Vice President, and CATHY 'TCMBRELLO
known to me to be the Vice President ~. of Downey Savings and Loan
Association and known to me (or proved to me on the basis of satisfactory evidence) to be the persons who
executed the within instrument on behalf of said Downey Savings and Loan Association, the corporation that
executed and whose name is subscribed to the within instrument as the attorney-in-fact of FEDERAL HOME
LOAN MORTGAGE CORPORATION and acknowledged to me thatthey subscribed the name of FEDERAL
HOME LOAN MORTGAGE CORPORATION thereto as principal and the name of Downey Savings and
Loan Association as attorney-in-fact for said FEDERAL HOME WAN MORTGAGE CORPORA nON, and
that said Downey Savings and Loan Association executed the same as such attorney-in-fact.
WITNESS my hand and o~e~ ^ ~ _ ~ ""'--
Si!;'U..l"'~ ~
L5-102 (8/88)
OFFICIAL SEAL
TONI SHANNON
NOTARY PUBLIC. CALIFORNIA
PRINCIPAL OfF\CE IN
ORANGE COUNTY
'y Commissioll Exp. Mor. 10. 19!1l
...
2195
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)
)
)
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) This space for Recorder's use
NEE~S TO BE RE-RECORDED TO ADD DATE AND FILE NUMBER
rll-e. 0WEF IT OF - ~n'f OF f'owA'I
SUBORDINATION AGREEMENT
RECORDING REQUESTED BY:
CONTIITENTAL LAWYERS TITLE
CITY OF POWAY
AND WHEN RECORDED MAIL TO:
CITY CLERK
CITY OF POWA Y
P.O. BOX 789
POWAY, CA 92064
90
3L~8~7
r: i1CCDR,,~L IN
, pFFiClAL PV""-;HH\!~
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yo 6 (n C(",/
90JUN It. AHll=SO
1 CV',~f~~ t.
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RF 4.00
AR 2.00
MG_l r:~,
FOR VALUE RECEIVED, the undersigned, as Beneficiary under a Deed of Trust dated
July 20, 1978, recorded in the Office of the County Recorder of San Diego
County September 7, 1978, Document No. 78-381909 and as owner and holder of the
obligations thereby secured does hereby make subject and subordinate the liens
thereof to the Easement granted by Business Properties Partnership No. 16, A
General 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.
~-J~- tf(J
Said easement w~ recorded CONCURRENTLY HEREWITH , File No.
90- q;).{;{g- s ,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 priori-
ties 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: ~~(ll\l"'_~~. I, (C) 50
R/W No.
Exc. No.
Project:
NOTE: ALL SIGNATURES MUST BE
ACKNOWLEDGED NOTARIES: Use
proper form attached or staple
appropriate form therto.
BENEFICIARY:
Association
Downey Savings and Loa~, A California
Corp. and Business Properties Partner-
ship No. IS, A California Partnership
~.~
BY:dt1(S;~
L. c. smu~eral
Partner
2107
AI-RECORDED
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NORE
. 0 DoWNEY SAVINGS
AND LOAN ASSCClAlION
l=JlIIe-
.-
(Corporation Attorney.in-Fact)
STATE OF CAUFORNIA
COUNTY OF
On Mardi 28, 1990 before me, the undersigned, a Notary Public in and
for said State, personally appeared [)Pr<>k W r"""" . known to me to be
the Ass; stant Vice President, and Cathy Toobrello
known to me to be the Vice President S~of Downey Savings and Loan
Association and known to me (or proved to me on the basis of satisfactory evidence) to be the persons who
executed the within instrument on behalf of said Downey Savings and Loan Association. the corporation that
executed and whose name is subscribed to the within instrument as the attorney-in-fact of FEDERAL HOME
LOAN MORTGAGE CORPORATION and acknowledged to me thatthey subscribed the name of FEDERAL
HOME LOAN MORTGAGE CORPORATION thereto as principal and the name of Downey Savings and
Loan Association as attorney-in-fact for said FEDERAL HOME WAN MORTGAGE CORPORATION, and
that said Downey Savings and Loan Association executed the same as such attorney-in-fact.
WITNESS hand and official se
2106
Signature
LS-'02 (8/88)
@ OFFICIAL SEAL
,''''. EMILY BELLE EPPICH
-.y PulIIlc><:aJifomla
· ORANGE 00UNlY
.
'".' My Comm. Elip. Aug. 27. 1990
.
o DoWNEY SAVINGS
AND lOAN ASSCx:::lATlON
(Corporation Attorney-in-Fact)
STATE OF CAUFORNIA
COUNTY OF
On October 4, 1990 before me, the undersigned, a Notary Public in and
for said State, personally appeared DEREK W. GEE . known to me to be
the Assistant \hce President, and CATHY KMBRELID
known to me to be the Vice President ~ of Downey Savings and Loan
. Association and known to me (or proved to me on the basis of satisfactory evidence) to be the persons who
executed the within instrument on behalf of said Downey Savings and Loan Association, the corporation that
.executed and whose name is subscribed to the within instrument as the attorney-in-fact of FEDERAL HOME
LOAN MORTGAGE CORPORATION and acknowledged to methatthey subscribed the name of FEDERAL
HOME LOAN MORTGAGE CORPORATION thereto as principal and the name of Downey Savings and
Loan Association as attorney-in-fact for said FEDERAL HOME WAN MORTGAGE CORPORATION, and
that said Downey Savings and Loan Association executed the same as such attorney-in-fact.
WITNESS my hand and offici
Signa
LS-'02 (8/S8)
OFFICIAL SF;,1tl
TONI SHANNON
NOTARY PUSLlC . CAI.l'Om.IA
PRINCIPAL. OFFIC'E IN
ORANGE COUN'fY
", Com"""~n Elp. MOt. 20. 1991
(Partnership)
STATE OF CALIFORNIA
COUNTY OF Oranae
On March 7, 1990
before me, the undersigned, a Notary Public in and for said State. personally appeared
L. C. Smlll]
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STATE OF CAliFORNIA
COUNTY OF OJ< A-W~
On this the 2. g
said State. personally appeared
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t..... .(J.~y ~~,&. before ,the undersigned. a Notary Public in and lor
personally known to me or proved to
me on the basis of satisfactory evidence to ~the person _ whol
exacuted the within instrument as on Ii!. 0 +~~(\..ra
41 partners of the partnership that executed the within I ment, and
acknowledged to me that such partnership executed the same.
WITNESS my hand and official seal.
_.~Jd~A,jlf~
FOR NOTARY SEAL OR STAMP
e
} SS.
.1ITLE INSUIIAIICE
AND TRUST
......-
known to me
to be one of the partners of the partnership
that executed the within instrument, and acknowledged to me
that such partnership executed the same.
WITNESS my hand and official seal.
!
OFFICIAL SEAL
WINNIE M. lADYMAN
NOTN<Y PU8UC . CALIFORNIA
OR'II':Ct CO~Nry
My comm. cxp;:-es SEP 17, 1993 .
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Signatur~~":'....;~ ~ d/f;.;o,Y'>>' - J
(This .m for of6clal notarial seal)
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