Subordination Agreement 1997-0105732
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: r; -' "RECORDING REQUESTED
CITY OF POWAY
CITY CLERK
t!TV 6FPOWAY
P,O, BOX 7B9
POWAY, CA 92064
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912
. >> 1997-0105732
ll-MAR-199'i' 11=55 AM
O~FICIALRECOROS
SAN DIEGO COUNTY'RECOROER~S OFFICE
GREGORY SMITH. :COUNTY'RECOROER
FEES: 0.00
AN,D W~EN BECORDE,D Mi~n TO:
No 'transfer tax due
!This soace for Recorder's Use) Fe f>;2,NP
SUBORDINATION AGREEMENT
FOR VALUE RECEIVED, the undersigned, as Beneficiary under a Deed of Trust
dated October:2B, 1996, recorded in the Offi ceof the County Recorder of San
Diego County Noveinber 4, 1996, FileNo. 96-0557493 and as owner and holder of
the ob ligati ons thereby sec\lred does hereby ma,ke subject and subordinate the
1 i ens thereof to the E'~sf!lTIents granted by Gary'P, Charl eboi s and Barbara J
Charlebois, to the. Cln '()F POWAY, it bein9 under;stood and a9reed that
foreclosure of sa i d Deed ,of Trust shall not affect" defeat or render i nval i d
any ri gilts under and by ,vi'rtue of said easements, and sa i d easements shall be
paramount and superi"or to the rights of any purchaser under a foreclosure of
sa.id Deed of Trust.
Said easement was record(;!d 111J'lJ:jfLq:~ ' File No, 71-()((})'73~
, and affects t E!_ real,property described 'in sai
De eT6rrrus t~-'-'----'--
The undersigned Beneficiary of said Deed of Trust declares and acknowledges
that it hereby intentionally waive, relinquishes, and subordinates the
priorities and superiorities of the lien and charge of said Deed of Trust upon
the land described therein in favor of sajd eas@ments, and that it understands
that in reliance upon and in consider.ation 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: :!,~8,/1/
BENEFICIARY: Union Bank of California, N.A,
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By:
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(Si gnatures must be notari zed, Notary form,
attached .j
C~"':':U;!'JRI:UAAL:L~PURPOSE AC . :!tOWLEPUMENT
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. e ore,me, ~~ .."'. - . j ~. - ,. . I
- NAME, TITLE OF,OFFICER' E.G:, "JANE pGE. W?TARY,~UBL.-IC"
personally'appeared, f<-",-",d,.y 'G~~1er $.<"",<,-
NAME(S) OF SlGNER(S)
o personally known {o me - OR ;;-&rovedtome on the basis, of satisfactory evidence
to be the personW whose name(s) is/are
subscribed to the -within instrument and ac-
knowledged to me th\lt'he/9l1e/tl;tey executed
,the same in ~his/~r/tl'rnir authorized
capacity(~, and that by his/hc./tl\eir
signature(6) on the instrumenUheperson(~.
or the entity upon behalf of which the
person(s-) acied, executed the instrument.
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, ~~o
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WITNESS my hand and official seal.
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SIG~A :rURE of: N9T!-fW
No. 519;
- OPTIONAL SECTION -
CAPACITY CLAIMED BY SIGNER
~gh statute'dOes not require the Notary to
fill in the data , below; doing so,may prove
invaluable to persons relying on the document.
o INDIVIDUAL
j2iJ'CORPORATE OFFICER(S)
U/~ /'-f""C1qr:.,r
T1TI.E(S)
o PARTNER(S) 0 LIMITED
o GENERAL
o ATTORN_EY'IN-FACT
o TRUSTEE(S)
D GUARDIAN/CONSERVATOR
o OTHER:
SIGNER IS REPRESENTING:
NAME OF PERSQNiS) OR ENT1TY(IES)
THIS CERTIFICATE MUST BE ATTACHED TO
THE DOCUMENT DESCRIBED AT RIGHT
OPTiONAL SECTION
TITLE,OR TYPE OF DOCUMENT S',-,.bcord.\ ""'---\ ,c)" ~,..~er-<,,, \--
NUMBER OF PAGES 0 ",- DATE OF DOCUMENT 'Z - -Z-? -Cf 1
-Though the data requested here is not required by law,
it coutd'prevent,fraudulent'reattachment of this form. SIGNER(S) OTHER THAN, NAMEO::ABOYE
""vr-..~
@.199?NATIONAL NQJ~!3_'!' A~~OCIAT!gN .. 8236 Rem~et Ave.~ P.O. Box 7184. Canoga Pa~, CA 91309-718
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.:AUFORNIAALL.PURPOSE ACKNOWL.EDGMENT No 5193
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State 01
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County of
On
before me,
NA,ME.,TlTLE OF OFFICER E.G., "JANE OOE..NQTAAY PUBLIC.
DATE
personally appeared
NAME(S}QF SIGNEF.I(S)
o personally known to me - OR - 0 proved to me on the basis of satisfactory evidence
to be the person(s) whose name(s) is/are
subscribed to the within instrument and ,ac,
knowledged to me thaI he/she/they executed
Ihesame in his/her/their authOrized
capacity(ies); and that' by his/her/their
signature{s) on the instrumertthe'person(s):,
orthe entity upon behalf of which the
person(s) acted, executed the instrument.
WITNESS my hand and official seal.
SIGNATURE OF NOTARY
_ OPTIONAL SECTION -
CAPACITY CLAIMED BY SIGNER
Though statute dOes not require the Notary to
fill in the data below, doii1g so may:prove
invaluable to persons relying on the document.
o INDIVIDUAL
o CORPORATE OFFICER(S)
TITlE(S)
o PARTNER(S) 0 LIMITED
o GENERAL
o ATTORNEY,IN,FACT
o TRUSTEE(S)
";- q GUARDIAN/CONSERVATOR
o OTHER:
SIGNER IS REPRESENTING:
NAME OF PERSON{S) OR ENTITY(IES)
OPTIONAL SECTION
TITLE OR TYPE OF DOCUMENT
NUMBER OF PAGES
DATE OF DOCUMENT
THIS CERTIFICATE MUST BE ATTACHED TO
THE DOCUMENT DESCRIBED AT RIGHT
Though the data requested here is not required by law,
n could prevent fraudulent reattachment' oUhis form. SIGNER(S)'OTHER THAN NAMED ABOVE