Subordination Agreement 1989-280873
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- 'P"'"" RECURDEO IN:--"1
IjDF~rfC~J~G'rH:CORp~~, i
;Df: ~M{ f!:;-:Gq COUNTY; CA. f
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THE' GUY OF ~O"AY
89"."AYJ26li'~PMJ~:il'Q
I _VERA L LYL!l\L ,I
, k-EOUNTY REC()RO~
i~CQJlbI/1G REQUES1:l;D ;ilY:
'WllENRECORDED ~lAIL TO:
TIlE CITY OF POHAY
P.O. EOX 18~
?Oi,AY, G\LIFO?JlIA
92064
NO FEE
THIS SPACE FOR RECORDERS USE
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SUBORDI:lATION AGREE:iENT
FOR VALUE RECEIVED, the undersigned, as Beneficiary under a Deed of Trust dated
March I6. 1989 , recorded in the Office of the County Recorder of San Diego
County I~arch 17. 1989 , File No. 89-136343 , and as Olmer and holder of. the,
obligations thereby secured does hereby ~ake subject and subordinate the liens thereof,
to the Easement granted by FNSAI Corporation. a California Corporation
to THE CITY OF POI-IAY, 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 e~sement, and said easereent shall be par~~ount ~nd superior to the rights of
any purchaser under a foreclosure of said Deed of Trust.
Said easement "as recorded &/9-8'9 , File :10. 8 Cj -;;). Gs-<!/s- , and affects,'-
the real property described in said Deed of Tr~st.
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The undersigned Beneficiary of said Deed or T~ust declares 2nd ac~~o~ledges that it
hereby intQntionally waives, relinquishes, and subordinates the priorities and
superiorities of the lien and charge of said Deed of Trusc upon the land described.
therein in favor of said easement, and that i~ understands ,that in reliance upon and
in consideration of this waiver, relinq~is~e~tJ and subordi~~tion speci=ic conet~~i
and. other 'obligations will ~e entered i~to ~y T~ird P~rties ~hich ~ould not be made'
or entered i:1to but for said rcli.:l~ce 2nd ::~e e.:-:eC'...::::.on :,y 3errefL:iary of this wa;i.:Y~~_J
reliaquish~entJ and subordi~at~on.
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Dated:
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STATE OF CALIFORNIA
COUNTY OF ~SAN_DIEGO
Od\ERIL_27,_1989
said State, personally appeared *Nicholas V.
Anthony T. Krikoriantz*
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,before me, the undersigned, a Notary Public in and for
Krikoriant~__guardian-for
QieR>JO:l)3tlKllvlo)f}{~or proved to me on the basis of satis-
factory evidence) to be the person(~ whose name(~ is/~ub-
scribed to the within instrument and acknowledged to me that
he/*5t'm executed the same.
OFfiCIAL SEAL
PATRICIA A. McHUGH
NOTARY PUBLIC CALifORNIA
" .n., PRINCiPAL OfFICE iN
SAN DIEGO COUNTY
WITNESS my h/lcand and o;:c:_s:~~ rx1 H I/~' IAV Commi..'"" hpl,., Sep'.mbe, 10, 1992
Signature ~_ ("'(/L.--~71 ~
(This area for official notarial seal)
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STATE OF CALIfORNIA
COUNTY OF SAN DIEGO
On----"ERIh.2'4-l989
said State, personally appeared
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,before me, the undersigned, a Notary Public in and for
Nicholas V. Krikoriantz
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subcribed to the within instrument as the Attorney in Fact nfNatalie
Krikoriantz, & Steven KrikQ~
and acknowledged to me that he*Re subscribed the name(s)
m Natalie V. Krikoridntz. ~era____
Krikoriantz, & Steven Kriko~otz___
thereto as prlncipal(s), and his/twKown name as Attorney in
Fact.
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WITNESS m~d~fficial seal.
Signature 'A!,/ 4. S;(~~
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OfFICIAL SEAL
PATRICIA A, McHUGH
NOTARY PUBLIC CALIFORNIA
PRINCIPAL OffiCE IN
$AN DIEGO COUNTY
My Commission Expires September 10, 1992
(This area fOf official notarial seal)
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