Subordination Agreement 1989-444780
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RECORDING RE(;)UEsTED
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CITY 'CLERK
CITY OFPO,wAY
1".0., BOX 789
P,OWAY, CA 92064
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89cAUGW8' P1iJl~~>(32
CITY OF POWAY
'AND WHEN RECORDED MAIL, TO:
i 'VERA L. LYLE;_ I
L COUNTY RSCORO~
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This space for Recorder's use
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SUBORDINATION AGREEMENT
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FOR VALUE RECEIVED, the undersigned, as Benef-iciaryunder a Deed of
Trust dated Augus,t l, ,1988, recordeain the Office of the County
Recorder of, 'San Dieg9 County August ~9', :lege8::, 'P.ile No.,s'8-4~i491,
anc1~s owner ang holder ,of. the obligabions t-he:rebysecured d'Qes!
hereby ,makesubj'ect and ,subordinate the ~iens thereof to the
Easement granted by J,on A, Baker and DatTa J . Baker to THE CITY OF
POWAY, it being uriderstoodarid agreed that' fore'closure of, sa.id Deed
of TrUs,t shall not affect, defeat or render invalid any Iiiglits
tihderand by virtue of, sa..id easement, and.saig easement shall be
paramount and s\lpe!:'.io.or to the rights of any purchaser under a
foreclosure of said :Deed of Trust. '
Said easement wasreccirdea, 8' -:3 -:59
No. '8,9'-4/:;), 8/,,(0, " and affects
descrlbed in said Deed of Trust.
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the real property
File
The undersigned Benefictary of said Deedbf Trust declares and
acknowledges that it, hereby ,intentiona'lly w,,!.ives, relinqui.?h~s" and
subordinates the prioJ:'ities and superiod:t..ies of the lien and
charge of ,s9,id 'Deedo} Trust upon the land, described therein in
favor of said easemen;t, and that it understands that in reliance
upon and inconsideration of this waiV,er, telinquishment, and
subordinationspecificmonetar,y and other:, ,obligations will be
entered into by Third PaY-ties which would not: ,bernade or entered
'i'n,t6 but for.said reljance and the 'ej{ecut-ion by Beneficiary of this
waiver!. reliYfquishrnent, and ~\lbordi',naUon.
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BENE~IcIi\.BY:
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Imperial ,Savings Ass6;;'f'a:t:ijm;;" '"
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By: ' ' ' ,'-<L (b,,\.J.:)S:,:>.-::> =--~: <
CatherineA. Davis ;::As'st. V,ice::':President
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NOTE: ALL SIGNATURES MUST BE
ACKNOWLEhGED NOT7':R""IES':Use
proper form at,tached or staple
appropriate form therto.
By:
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STATE OF,,, " ",,,.,, "...-" " " " " " " "" " "."
Coun ~y~of~:.. .;.~. ".-.:~'.-:';'_:-; ;'.-.~. ::.,...."......,......
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PARTNERSHIP FORM
o~.. ~hi s~.., ........... day of...; .'..... ~....... _...,.., .A. D.. 19...._,. .be.fare me,.... _....... ......... _. ..............' ....... .... ...":.;. ~.;.......
~'a ~ot8JY."_Public in and- for the said Cglmty,and State. residing,therein, duly'comrnissioncdand sworn, personally 8f?peare(L.;~.~
.............;~.:,:..:........;..............<.....-.,......;.......................,.... known lo,me!o be one of the partners of the-partnersh'jpths_t
executed the within ,instrument, and ackno'~ledl'{ec1 to me that such partnership executed the same.
,j)'nJl'Ht:tf_SS lli!Jrrrof. I have here}lnto set my 'hand and ,affixed::,my official seal the day and year in this.certificate first
above"wri"tten.
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,...,........................:,.....................................................
Notary Public in and for said',County and_S~te~.
GENERAL FORM
STATE OF..".......................,.............
"C'ounty of...,...., .......,..........................
}s.
On this.......... ~......, ..day ,0 f.....,.. ,. .'.~'~'..'.'. ... ..... ...\.0,. 19., ....'. befol-l:!",me.. ................................... ........... ........... ..'
s Not~,y Pu.blic in and for the said C,?,i.in'ty:and: State. residing- therein. duly commissioned and sworn, personnl1y appeared......
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,......................,.....,....................................................,......................."................,...,....................................
personally known to me to be thep.ersqn......whose, name....,.......................$ubscribed to the within Instrument, llild duly
acknowledged_,to me that........;,he.........,executed the same.
'::in Uh"tnrss ll'l]rrrot; I have, hen;un'to set my hand and affixed my official se~lt}le day and year in thi.~ c~rtifi~qlte first
Eob?ye written.
.......,...................,...................,..................,...............
Notary Public in and for said County and State.
CORPOR,,\TIO:--l fOR~,1
eSTATE OF.......~~~go,r.~J.?:"....,..,',. }'
County 0(;... :..:~Sajl~, :n~e.g:o, '., '... .:. .-. :'. ..55
On thi........P,tI:...."day of.........",'~~.~l'....,..,..A,D , 19..~?, Deio,e me,.....,........".......,........,....,.......................
8'Notnry Public in',211d (or th'e 50id CouTlLY -Md:3:a~e. :esidinlo;' lherein, dulY co:nmlSSlon~d and Sworn. pe,sonaJ]y appeared.......
........ .............~~~~':r.~':'.~,..~:.. I!,a~.i,s.... ............ ......... '... ,.........bown to me '0 be the./:,,!.,!.t., ..Y~<:~........ P'e sident
and. ..,..................,............... ~... ................,... ........................ _, ... .,knoMl ,lo me t.o"bc the..........;. '........,... ..... Secr~~ary'
'of"lhe... ........~ .,.~.: ....:,._.........,...... ... ~...".'."'''.., ........... ~ '.....,.."..... '_..'.............. ....., .~._...;..!:.................... ".,~ ;'~;..:...,..,......
.the Corporation- thot ex.ecul~d" the within l1islrument. known to me ~ be the persons who executed the within rn5lrUment, on
behalr of the Corporation therem named, and acknowledged to.;ne that Buch Corporation executed tho:lsamo.
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1,n, '-'/lInrss ,Jrrtof, lhaye he,eunto ,set my hund 'and, aiiixed my orGc,"l. seal the daya"d year in ,niscenir,ente firs'
~b?Ye~written.
OFoFICIAL SEAL.
C,.HARAIS,oN
N'otary '_ p,ublic::Galifornia
SAN DIEGO COUNTY
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~{~:Tm.~f.~p",'!'pr. 2; 1990,
~~otiify Public In !1Jld fnr snit! Co.u"nty li.'1tl St!\tu.
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