Subordination Agreement 2000-0084443
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'k:CO~~ING REQUESTE&
DOC "2000-0084443
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CITYOFPGWAY
AM
AND WHEN RECORDED MAIL TO'
CITY CLERK
CITYOFPOWAY
POBOX 789
POWAY, CA 92074
2144
FEB 18, 2000 8:51
OFFICIAL Rf:cORDs
SAN DIEGO,llJUllTY REllIRDER'S OFFICE
GRffioRv J. SIIlTH. COUNTY IlEllIRDER
FEES: 0,00
~ 111111111111\ Illillllllrllllll r
2000,0084443
(This space for Recorder's Use)
No transfer tax due
SUBORDINATION AGREEMENT
FOR VALUE'RECEIVED, the undersigned, as Beneficiary under Deeds ofTrust datea JanlJqrY 1,,5,
1999, recorded in the Office'of the GountyRecorder of$an"Diego C.ounty,January'2~, 1999, File~
Nos, 1999-0035716 and 1999"0035718 and as owner and holde(of the obligations th~rebysecured
'does hereby rT'ake subject and subordinate the liens thereof to the Easement granted by
JOBEIS, LLC, a California limited liabiliiy company
to the CITY OF POWAY, il'oeing understood and agreed thaHoreclosure of-said Deed of Trust
shall not affect, defeat or render invalid any rights under and by virtue otsaid easements, and said
easements shall be paramountand,superior to the rights ofiany purchaser Linder a foreclosure of
said Deed of Trust '
Said easement wasrecorde9 F'ebl'\..l..U~ \ 8 J20c0. ,Doc, No, 2.000.. OOBlf4I.J-2-
and affects the real property,described in aid Deed'of Trust
The undersigned BeneficiarY of said Deed of Trust declares and acknowledges that' it hereby
intentionally waive, relinquishes"and subordinates the priorities and superiorities of the lien and
charge of said Deed ofTfust Liponthe land described therein in favor'ofsaid easements, and that
it understands that in reliance upon and in consideration of .this waiver, relinquishment, 'and
subordinationspecificmonetary,and other obligations will be entered into byThird Parties which
would not be made or entered, into but for said reliance and the execution by Beneficiary of this
waiver, relinquish~ent, and subordination,
Dated: February 4, 2000
BENEFICIARY:
,~m.~~lO\IlIAAJl(,
G'E 'Capital Sma'll Business- Finance Corporation,
a Delaware corporation
By' \' , ~I
,
BY'~h
Michael G, Lanigan
Compliance Review Specialist
(Sig,natures must be notarized, Notary form attached,)
CAI;JFORN'IJl. ALL"PURPOSE ACKNOWLEDGMEN'T .
.:~S~~~~::;~" -~; - --}~-~----~'-~---~1-4~5--.~~--~--~,APA~;~~~~~,' ~~c, i~~IGN:~
County of St, Charles Though.......doe$no<"""""IheNowy,\c
,fi!lln the data below;' dol.ng so;may,prov '
k1valuable t) persons refy\ng on hC ~
o INDIVIDUAl
o CORPORATE OFFICER(S)
On 2/4/00
DArE
,before'me R< chard Orof ,notar,v ,public
.' ", NAME:'nn.EOfOFf1CER-E.G'::~JANEDOE:NOTARYPUeLlC"
persoriallyappeared, Jennifer J. Young' and Michael Lanigan
- NAME(S) Of SIGNER(S) .
I!I personally known ~o me - OR - 0 proved to me on the basis of.satisfactory evidence
to be the person(s) whose riame(s) is/are
subscribed to the within, instrument and ac-
kno,,:,ledged to me t,hat he/shelthey exeCuted
the same in his/her/their authorized
capacity(ies), an~'that by Jiisl.~er/their
signatuni(s) on the,instru'menUhe person(s),
or the entity upon behalf of which the
pers,<l(l(s) acted, executed'the'instrumenL
'N..
~ ,NOTARY SEAL ~
RICHARD K.ORF
Notary Public - STATE OF MISSOURI
ST CHARLES COUNTY
My Commission Expires:Apr. 10,200j
THIS CERTIFICATE MUST BE AlTAcHED TO
THE 6cicUMENT DESCRIBED AT RIGHT
l,s.eaL
'0 10NAl SECTION
TITLEOR TYP OF OOCU~ENT
NUMBER OF PAGES DATE OF DOCUMENT,
Though [he data. requested here is not required by law,
'ft could p(event fraudufent'reattachm~n1 of this lorm. SIG~Ef1(S) QTHEFl THAN NAMEO'ABOVE
nnE(S)
DPARTNER(S).D UMITED
o GENERAL
o A T'fO~t!.EY ~N-FACT
o TRUSTliE(S)
I;J GUARDIANICONSERVATOR
o OTHER:
SIGNER IS REPRESENTING:
NAME OF PERSON($) OR EmITY(IESJ
C1992 NA TtONAL NOT ARYASS.OCIATION . 8236 Remmet Ave., P.O. Box 7184:. Canoga P'a,r1<.; CA 91~
,
':ALlFORNIA,ALL-PURPOSE ACKNOWLEDGMENT '
~":,;-~_____~,">-~___-..:~....,,......-<..._,__-._-.~-.__~,,-:-_....:.._..........:..:.;:..,"=,";"~_~"';-~__"'>......~'">-_~~'"='-........-.......,<.._......-..-..'>"".:>">~~s---?'-=-~~~--'='.;.--'"='<...----"-<
State of
County of
On
before me,
NAME;'nn.E OF OfFICER E.G., -JANE OOE.-NOTARYPUBUC.
DArE
personally appeared
}
.NAME(S) Of SIGNER(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 that he/she/they executed
the same in his/he"r/th'eir authorized
capacity(ies), and that by his/her/their
signature(s) on the instrumenLthe person(s),
or the entity upon beh~!J 'of which the
person(s) acted, executed the instrument.
WITNESS my.hand and official 'seal.
SIGrJATUH[ 0.. NOTARY
_'OPTIONAL SECTION -
CAPACITY CLAIMED BY SIGNE
Though statute OOes not.requil"e the Notaf)"1
f1U,in the ~ata'beIOw. do.ing!so may. pro....
invaluable 10 persons relying on rtle dOCumeni
o INDIVIDUAL
o CORPORATEOFFICER(S)
TTTlE(S)
o PARTNER(S) 0 LIMITED
o GENERAL
o ATTORNEY'IN,FACT
OTRUSTEE(S)
O:GUARDIAN/CONSERV A TOR
o OTHER:
SIGNER IS REPRESENTING,
NAME OF PERSON(S) OR [NlIlY(I[S)
TfiIS CERTIFICATE MUST,SE AHACHED TO
THE OOCUI.A[r.JT OESCP.1I3EO r.. T fliGHT
OPTIONAL SECTION
TITLE OR TYPE or DOCUMENT
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