Subordination Agreement 1999-0609823
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DOC _ 1999-0609823
CITY GF PGWAY
AND WHEN RECORDED MAIL TO'
SEP 03.1999 8:28
AM
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CITY 'CLERK
CITY OF POWAY
P 0 BOX789
POWAY, CA92074
2136
OffICIAl RECllRllS
Sl1N,DlEGlJ COUNTY RECORDER'S OffICE
IMGORVJ. SMITH, COUNTY RECORDER
FEEs: 0.00
No transfer tax due
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fTh!~ St1~~J~O~~~8?~?c~r~ers Uss)
___.J______~
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-' - ~ -'SUB0RDINA TION~AGREEMENr~-'- -
.... ~ '" .c __-' _........___
FOR VALUE RECEIVED, the Undersigned, as Beneficiary under a Deed of Trustdated JUl1e'9, 1997,
recorded in theOffice,ofthe CountyHecorder of San Diego 'County JURe 25, 1997,File,No, 1997-.
0298609 and as owner aridholder"ofthe obligations thereby, secured ,does hereby make subjeCt and
. -- . . ". ..,...- -", - - ."..'. - ~._. - ;.
subordinate the;liens thereof to the Easements granted by GORDON S.GLAZER. TRUSTEE OFTHE,
GORDON S, GLAZER LIVING TRUST DATED JUNE 10. 1997
tothe CITY OF POWAy,i!i~,e!ng und!=1rstoodand agreed thClhfor.~(:losure.of said D,eed of Trust:shall'not
affect, defeat or render invalid any rights,ur;Jder and by virtue of/said easeJ1lelJts"andsaid easements
shall be paramount and superior to theTights of any purchaser under'aforeclosure of said Qeed of
Trust. '
Said eas_em~nts,w~re r~s<o[d€ld ~~h;Wl\i.,;.r3,\q<1'i ,Doc, No, \qqq-o("l~9A27,
and affects the real:property descri -ed in.,said'Deedof Trust. ..
lihe ,undersigned"Beneficiaty of said Deed of Trust declares and acknowledges that it hereby
intentionally )Naive, relinquishes"and subordinates the priorities and superiorities of the lien and charge
of said Deedc,of TrUst upon the land described therein in favor of said easements, and that it unaersti:inds
that in reliance upon and in consideration of this waiver, relinquishmeni, and subordination specific
morieta[)' and other.ooli9Clti6ns,.wjll be entered into by Third Pa,r;ties which would not be made or entered
=--.:.-.-~i'lfo,bl!tJor;>said:ren?hGe,and-.t!ieiexec:ut!On _by-~BenefjCiary~of"thiso.wa!v~!;~r'~;linquishmeht;"and~ =-~=-- -~ ~ .~~ =-0--:;
b d' t' ., /: ,'"
su or tna Ion. },c;.,....~...';:;..li;1 ~ ,.
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Dated:
/~7
21./ '11',/
I ~
BENEFICIARY
POWAY'DEVELOPERS III. A CALIFORNIA
GENERALPARl'NERSHIP
By' f)O:/L!jW:, ~
Gary W. Green
By' .07
Oanie,l F.
c:~
Courtney
---
'(Signatures must be notarized" Notary form attached.)
--
, .
California
County of S,m Diego
On
5/21/99
DA~'
before me,
'K.NOWLEo(iMEN'r,
}
2137
:Tina Mari'e Hinchman.
NAME, TITLE Of OFFICER E:G.; ,-JANE DOE~ NOTARYI~~
personally appeared
Gary W,' oGreen
,:".
~~ NAME(S) OF SIGNER(S)
[21 personally known 40 me .,OR- 0 proved to me on the basis of satisfactory evicience
to' be the person(s) whose' name(s) is/are
subscribed to the within instrument and ac-
knqwledged to me that he/shelthey executed
the same in his/her/th,eir authorized
capacity(iesJ, and that' by his/her/their
:si!:lnature(s) on the instrument ihe person(s),
or'the entity upon behalf of which the
''__--pers()n(s) acted, executed,the instrument.
)_ A__ _ _ _ _ _ _ _ _ __
.0 ' ,,' TINA MA,RIEHINCHMAN ~
, COMM:# 1167686 ::.
_ : NOT~,PUBlIC.CALIFORNIAG)
~ SAN DIEGO COUNTY 0
_.. ":J ---. -CQMM:EXP:JAIt,-e,2OO2 ;.c.
. _ _ ~ _ _ _ . _ _ _ ~ _ t
THIS CERTIFICATE MUST BE ATTACHED TO
THE DOCUMENT DESCRIBED AT RIGHT
WITNESS my hand and official seal.
JUl'OJ-... {llll.n 0 \~('~}..n
. SIGNATURE OF NOTARY'
, OPTIONAL SECTION
TITLE OR TYPE OF DOCUMENT
NUMBEROF PAGES DATE OF DOCUMENT
Thougl) the data requested here is not required by law,
it ceJ.u1d prElVentfraudulent reattachment' of this lonn. SIGNER(S)OTHER THAN NA10ED,ABOVE
No:.~_,
_,'OPTIONAL SECTION -
CAPACITY CLAIMED B;f!l;IGNER
~ &tatute does no(,~re the NOtiry 10
!Illln the data'below.:dol~ 60 may "prove
invaluable 10 pelSOOS relying on the documeot
OINDIVI[)UAL
'0 CORf'ORATEOf':FICER(S)
T1TlE(S)
o PARTNER(S) 0 LIMITED
D GENERAL
o ATTO~~_EY'IN'FACT
o TRUSTEE(S)
o GUARDIAN/CONSERVATOR
o OTHER:
SIGNER IS REPRESENTING:
NAME OF PERSON{S) OR ENTlTY(IESl
@1992 NATIONAL NOTARY ASSOCL.6..TION. 8236'Remmel Ave., P.O. Box,7HM. Canoga Par1<, CA 91309-
,
'::ALIFORNIA ALL.PURPOSE,ACKNOWLEDGMENT No,!
~_____ ~''-----S,>~'''-''''-'>'>--;,~-;-- ~ _ ~ ' ~,."-;,>___-,._,>__,,--,.--,>------,,---,,,-,,-.,,"--,>,,-'--"---'>-'>----"-----':'~-<-_.,0..0.."'>
, State of
California
}
County of
San Diego
,
I
- c"-pers(imiilyappeirecl,=----D;'fn':teT}';-'CourtItev=-~ ~
NAME{S) OF SIGNER(SI
[Z] personally known to me,- OR - 0 proved to me on thebasis:ofsatisfactory evidence
to be the person(s) whose name(s) is/are
subscribed to 'the within instrurTlent and ac'
knowledged to me:tharhe/she/ihey executed
the same in his/her/their authorized
capacity(ies), !,rid that by 'his/her/their
signature,(s) on' the'instrumenj.:the'person(s),
or the eritityupon 'behalf of which the
person(s) acted, executed the instrument.
On
5/21/99
before me,
DATE
),.~.:A'~ A _ ~,~-_ _, A A'A A ,(
Or """, TINA MARIE HINCHMAN,
',... ,. COMM~#"e7686 ::..
(!) NOT~Y PUal!C-CAL,IFd~NIACJ
~, SAN DIEGO cOUNTY' C1
_ 'COMM:EXP JAN. 5, 2002 ;",
THIS CERTIFICATE MUST BEAlTACHED TO
THE DOCUMEN', LlESCRIBED AT RIGHT
TIlough the data requesti:ld,here is not fequ)fed,by;law,
i'looukJ prevenllraudutenl reanachmenl ol.this form.
Tina Marie Hinchman
N~ME. TITLE OF OFFICEA E.G., "JANE DOE. NOTARY PUBLIC
WITNESS my-hand and official seal.
~, \IIal.(tll-\tn~
- SIGNATURE OF NOTARY
_ OPTIONAL SECTION -
CAPACITY CLAIMED BY SIGNER
Though staMe OOes 001 require ,the Notary to
fill in' the data below, c;loing so may prove
invaluable to persons relying on the document.
o INDIVIDUAL
D CORPORATE OFFICER(S)
...."........-,~- - -----'--
~
T1TLE(S)
o PARTNER(S) 0 LIMITED
o GENERAL
o ATTORNEY,IN'FACT
o TRUSTE~(S)
o GUARDIAN/CONSERVATOR
o OTHER:
SIGNER IS REPRESENTING:
NAME OF PERSON(Sj OR ENT~TY'(IES)
OPTIONAL SECTION
TITLE OR TYPE OF DOCUMENT
NUMBER OF PAGES
DATE OF DOCUMENT
SIGNER(S) OTHER THAN NAMED ABOVE