Subordination Agreement 1989-403391
;'.
<
.
~:\ 'l..
95
8S
?( 0331/
l"l'r;.'n::'1
~t;fJi{ ,~;_LF',
~,:.>;:",- ...
',.-,'
~,.
"
i:,'\'
"
".
, ~.:,' ,/.
. ~ ,~
,
"
"
....J!
"
.-=,.......,
'[~,J~~~;;E;7i~tiht ;"
RECORDING REQUESTED BY:
THE CI-TYOF POHAY ,
" '
89jUL 31
. '-' 0-'
J'P'A~)~-f"}"'"
Arl:;q*"~,,,!
ymEN 'Rj;:CQRDED HAIL TO:
!
I
;-..,=--
cX[t;+~ ~'SMfi~~~ I,
Tll~ CITY"OFPO\iAY
P. O. 1l0X:-,;,z89
POHAY, .CAL'IFOR.'HA
92064'
NO. FEE'
THIS SPACE FOR RECORDERS 'USE
'.
SUBORDINATION AGREEMENT'
,z- _ .;_ _-,.. __. _ ,_
FOR. 'VALUE', ,RECEIVED, the undersigned, as Beneficiary under a, De,ed o'f :Trustdate4
'JULY 8. 19.88 . recorded in the Office of the County'Recorder"of San Die.go
c.b,l.Irity, AUGUST 8. 1988 , File No. 88 - 3 8 8 5 0 4, and as owner and holder, o'f the
o151igafi6ns, thereby secured does hereby make subj ect and subordinate the liens' thereof
;to. the Easement granted by POWAY INDUSTRIAL PROPERTIES. A CALIFORNIA GENERAL
PARTNERSHIP
toTllE CITY OFP'OHAY, 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
s_aid: ea.s~.ment, and said easement shall be paramount and superio'r to the rights of
,.apy, "purchas'er under a foreclosure of said Deed of Trust,.
'Said easement ~.;as
the real ~roperty
d d n_;;)cj-f;C; F'l 'I
reco rei , l e '0.
described in said Deed of Trust.
f9 -3g~cjJ'O
, and affects'
Exc. no'.
P,ro j,cc t :
3y: ~i} .~
By :.~ , ' "'. "'=
, ,
, . ,
..
f.,
",
,~
"
NOTE': ALL SIG::ATlIRES ';'lUST BE ACK:lOh'tEDGED
NOTA.'utS': Use properforr.l ",ctached
or, stapl:e,approprbce
form th"reco.
,-
,
"
-I "-'.'":
l'
COUNTY OF OrCln\1e
On June 21, 1989 beloreme, Amy L.
;!l and for said State, personally appeared He 1 An M An r'lmR
{.,
(known to me) (or proved to me on the basis of satisfactory evidence_) to be the
Pk8ident. and MPlrk- n ~; vnnr
(~nown to me) (or proved to me on the basi8 of satisfactory evidence) to be
Secretary of the corporation that exeCuted the within Instnunent (known
of satisfactory evidence I to be the persons who executed the within
Instrument on behaU of the corporation therein named, and
acknowledged to me that such corporation executed the within
instrument pursuant to its by-laws or a resolution of its board of
directors,
(Corporation)
STATE OF CALIFORNIA
),0
155,
Signature
WITNESS my
Form 3216jCA 12-82)
.~
.'
"
- "
.e
96
Solorio
a Notary Public
\Tir'p
A~~~ Vir'p Prp~inent
to me) (or proved to me on the basis
~~-/----------~~
~ ~ OFFICIAL SEAL I
AMY L. SOLOP 10
NOTARY PUBliC CAl fQ,"NIA
PRINCIPAL O~F CE IN
ORANGE CUUNTY
My Commission Expires Janoary 7, 1991
.~~-- -
."
--'-
,"'-,..........
(n;..,...forofficVlm1un..lleil-lJ
,