Subordination Agreement 1997-0075346
:...,.-, 0--:. 'REf-ORDING REQUESTED BY'
CITY OF POWAY
AND WHEN RECORDED MAIL TO,
CITY CLERK
CITY OF .POWAY
P,O. BOX 789
POWAY, CA 92064
No transfer tax due
)
)
)
)
)
)
)
l ",€>
) ~(\~
) \V,I'/
) ~\' !This
DCe" 1997-0075346
20-FEB-1997 10:42 AM
OFFICIAL RECORDS
SAH DIEGO COUHTY RECORDER'S OFFICE
GREGORY SMITH,CDUHTY RECORDER
FEES: 0.00
731
space for Recorder's Use)
SUBORDINATION AGREEMENT
FOR VALUE RECEIVED, the under.signed, as Beneficiary under a Deed of Trust
dated October 20, 1996, recorded in the Office of the County Recorder of San
[liego Cour:ty November 22, 1996, File No. 96-0592232 and as owner and holder of
the obligations thereby secured does hereby make subject and subordindt~ the
1 i ens ther:eof to the Easements granted by Murri eta Spr,ings Pl aza, a Ca 1 iforni a
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 py 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
Deed of 'Trust.
.lv Ft=<(, crt , File No, ('Vi'? '~C907S34S-
and affects the real property described in sa~d
The unders igned Benefi c.i ary of sai d Deed of Trust dec.l ares and, acknowledges
that it hereby intent i ona 11 y,wa i ve, rel i nqu i shes, and subord,i nates the
pri~rities 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 consiaeration 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: r;::;\,,~~') 3. l"lq7
ROW No.
Exc, No,
Project:
SOI-OI- ~Z~
By:
BENEFICIARY:
a California
'" ,
~ !J IV IS~~
By:
, 1
/L
(Signatures must be notarized, Notary form
attached,)
CAL!:.':OAN1A,AL;l;~P;URPOSE;AC,K.
Stateo(@'ACIFbR...:>. ,{?>..
CoUrit)iof Los I~ '"" 6' J;-I
On ~"- ~'- q 7 before me,
. ,DATE
WLEIJ(.iMENT
c;: ~
} 732
l:)",..,,J p. L
E OF QFFICE:R ~EG., "JANE OOE;NOTARY PUBLIC'
personally appeared II LI-A tJ L ,G t€ I P ,; / 7' /-1 ~'~7.! H G. 0 AC?/'l
NAME(S) OF SlGNER(S)
personallyknown4o me- OR - 0 proved'to me on the basis of safisfactory evidence
to be the person(s) whose name(s) is/are
subscribed to the within instrumerit and ac-
kriowledged to me that hEl!she/they executed
the same in his/her/iheir authorized
capacity(ies), and ,that by his/her/their
signaturei~) on'the instiumentthe:person(s),
or the en'iity upon behalf of which the
person(s) acted, executed the instrument
Ii" -;;,.;.,~.:.:.- -,
i " " CpmmlSsion #1069166
!' i#N N019ry PublIC .".CaHfDmIa I
" ". V,', lOSANGRES COUN1Y -
~,~~~~:~u~~ l:W~
THIS CERTIFICATE MUST BE'ATTACHED TO
THE DOCUMENT DESCRIBED AT RIGHT
WITNESS',my hand arid,officialseal.
~,.o-'
SIGNATURE OF NOTARY
No:!519:
~ OPTIONAL SECT@f.......
CAPACITY CLAIMED BY SIGNER
~h statUte does not require the"N~~ry,to'
fill if"! the data below, doing'so:may'prov.e
invalUable to persons relying on the dOcument.
o INDIVIDUAL
, CORPORATE OFFICER(S)
T1-r:t-E(S)
o PARTNER(S) 0 LIMITED
D-GENERAl
o ATTORNEY,IN,FACT
o TRUSTEE(S)
o GUARDIAN/CONSERVATOR
o OTHER:
SIGNER IS REPRESENTING:
NAM~t6F. PERSON{S} OR ENT\TI(\ES)
G,410C
.S7.7:'/C1-1 rJ ~
OPTIONAL SECTION '
TITLE OR TYPE OF DOCUMENT .~. U 5 bR D, }.J A- T I
Though the d<l;~,a!eql.J~st~ he_re is not r~uired by law,
itoould prevent fraupulent,,~e<l.ttachment of this form. SIGNER(S)'OTHER THAN'NAMEP'AfJOVE
NUMBER OF,PAGES
DATE OF DOCUMENT
().) pc;/?,;',:; {'I'\T."""~
;;L-3 "17
@1992,-NATI6.I:-lA~ -NOl."!::RY"AS.SOCIATION. 8236 RemmefAve.,P.O. Box.],184. Can~a,p.ark".CA91'309~i"8<l
~ALlFORNIAALt-PURPOSE ACKNOWtEDGMENT
,
No. 5193
State of
County of
On
, before me,
NAME, TrflE OF OF;Flr;ER E.G., -JAN~ DOE; NOTARY PUBLIC'
DATE
, : personally appeared
}
NAMEIS) OF SlGNER(S)
:,~[Jpersonally,known to.me -,OR.- 0 proved,to meon the basis of satisfactory evidence
j , , to: be the person(s), whosenarn~,(s) 'L~!are
subs'cribed: to the,within instrurheritand ,ac'
knowh'idgea 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 insiru,fl,e.,nt the p,erso,n(s)i
or the entity upon behalf of which the
person(s) acted, executed the instrument.
)
\
WITNESS my hand and official seal.
THIS CERTIFICATE MUST BE'ATTACHED'TO
THE DOCUMENT DESC'i'1ISEOAT RIGHT
S:1.~,!'l': "!:UR~ <?F NOTARY
OPTIONAL SECTION
TITLE OR TYPE OF DOCUMENT
NUMBER OF PAGES
- OPTIONAL SECTION -
CAPACITY CLAIMED BY SIGNER
Though statute dOes not require the Notary to
fill,in..lhe data below, doing so may prove
invaluable to persons relying on the document.
o INDIVIDUAL
o CORPORATE OFFICER(S)
TlTlE(S}
o PARTNER(S) 0 LIMITED
,O:GENERAL
D'ATTORNEY'iN'FACT
DTRUSTEE(S)
o GUARDIAN/CONSERVATOR
o OTHER:
SIGNER IS REPRESENTING:
NAME OF PERSON(S) OR ENTITY(IES)
DATE OF DOCUMENT
Though the data.reques~ed.here is not required by law,
it could 'prevent frauoulent'reattachment iiihis fonn. SIGNER(S) OTHER THAN .NAMED ABOVE
I
,
"