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Subordination Agreement 1989-598272 .,.,RECORDING REQUESTED BY:.: ....., " 'CITY OFPOWAY AND WHEN RECORDED ~AIL TO: CITY CLERK qTX OFPQWAY P~9." BO~, i',8.~ pOWA Y" cA92064 ) ) 17la ) ) ) ) ) ) ) '?r - '59~.:n::L.. 8 9 5"908'Z"7'2 'j;;. " .r- REco;;nED.if'.t ---, f .oFEiCi,,~L Rh~COnfJS I kiF ~Afr rdJ:r,,ft f;(,~ftll y.._ f:'/,c ! 69h'bV'- 2'AI'l\!O:42 '.' 1 'VER'~ L.lYLE i t ("1)!'Vi''( (7'~f'rjt\fWP , 1. ....vu.'l., "....."-, ___h..n, t '"'"'":--- ---" This s~ace,~otRetbrder's use, 'N(iFEE SUBORDINATION AGREEMENT FOR VALUE RECEIVED, the undersigned, as"Benefi ciary:lind~r a Deed of Trust __ ,QjtedJanua~y27 ,1,989" r;~t.qrde(j i,n t,he om c.ecif theG,ounty Recorder of San D:le~!l,Cp~Q,ty f.7-b.r:q,ary. ~',: l~.8.9~, ;Dos,qj11en,t NJ"'~2~057541,;a.rd ,i;l,so~rer. a~(j ,ho]d,:r,. ,.,~_ _ __..oT~:the"obl.lgat'ons.:.. th"reby7csE;cured aoes hereby makeisubJect and sUDordmate'_tne, li'ens therebf to 'Hie Easement :~lranted by Ri cnatd Zamora ,and Margaret Zamora, to 'THE CITY OF POWAY, it b'efifg ,uricfersTbbdand agreed that foreclo'sure ofsciid :Deed oJ Trust sha 1) not'affect"qMe~~ or rencjer i nyar;d.~nY rights un,der i;lnc! by v,trgue o,fsa,i deasement" i;lnd~ !~j!;l d easementsha,ll b,e paramO,LJnt :anc~ sUReri or to the r\ghts of any purchaser' under a ,'foreclosure of sa.id .Deed of Trust. Sa,id ,easement was, " 0.fr~1f?gjO:9' 'The undeGs:igned Benefl'c;arybf ;said Deed of Trust deClares and acknowl'edges that i,t hereby iriteritionarry! waives, relinquiShe's" a'nd subordinates the priori- ties andsupe'fiorit:i e~: of, t~'e1 ien and charge()fsa i(jDeeq of Trust uj:foQ 'the land described therein in favor 'of said easement, and, that it unders,tands that ;nreliarice upon and inconslderation oCtflis waj",yer, r~jjnqulstimenh and ,',," subord inati on specifi c-inonetary :and o,ther ob1; ga t'ions w; 11 ti'e entered into'. 'by 'Th; rd Part.i es wh i ch: wou,ld not' liei made or entered .intobut for sa'i d renance 'and the executiiin by ~enMfci'!IrYofth; s wa rver, re1'iriqu;shment, andsubord; nati on. recorded )O:..,;;;'$I""g.9 , File .No. ,and;a.ffects the1rea'lproperty, .descri bed, ,in 'sa,; d~Dee'd ,- ,Dated: ,Rlw No. ,Exc.' No. Project: 8/gr/6<l BENEFICIARY;: - Valle De'Oro Bank,N.A. .~ ~. ///~ ~'c./"-? .' .y :r~p ~ NO.TE: ALL 'SIGNATURES:/.iUST BE AckNOWLEDGED NOTArHES: 'Use proper forriiattaCtiedo'r staple ii'Rpropr'iate form thetto. . , ,---~ :':"i ,'i. :-' / ...::./ )- <, . t720 . " / I') .1, "1 ./ r \".: pARTNERSHIPFClR~1 :STATE(OF:" .....,'.."" """"" ','"',', ", ..,,,,, }css County,' ~(;........... ............ ~.: .~.~;_:_. ~'....;';.',;-;'~ , On'I~f:lXs,.~~~i-=- ~i:' ~ ~.'; ;;"_~' day' ~(..........................-. A~D..-.: )..~_: _;'.~ ~ ;~._~~ef9r:e,. ~e. .,~..........................;... ~'~~'7' ~.;.. ~ ;:;. ~'............... ....... 8 ~ota~iPub!j_~ 'irl an~' fo~:the said County'ancl State~. res~ding,'tn:~~j,n.~'duJy!.cammis_sioned' and swo_m:i:~e~~.s.6ha:1JY~'8PPe8red...... .....,......... .......... ,': '--.:...~,.~.'::...:.. ~:.~.. .~:'............. .,....... .... .~......:~..~..i.knoWri;to:'me ;t6 ~&rie~9f:.the partners' oU:l;e .p';'~~fs.~ip that exectlted'the Within 'instrum~n.~. !:l!1~ a<:_kno.....ledged to. me that.,suc'h p'a~l)ir~~ip e~ecu_te.d.,the same. ]11, Wirnr!js ill6rt:rof;.I have hereunto ,set mY'l'~~o~l'anc! .a.ffi.'x-~.d' .mY',9f!iciaL~se81 the day ~nd 'y~ar in this cert.i"ficate first. abov~; written.~ . ... -- -.. . ._,..., ,- ,..- ". ................. '-" ~- ~ ~.:~~ ~ '.' =.' "_~.~..' '0'" ........................................... No~ry- Public in'and' [or'sai;iCoun~_yjand;S~t.~~, . ,GENERAL FOR~l stA TE;OE, ",., ",.""" ."", ..,,' '," ""'",,,.. ~C'oun~y af... .;... ...........:.;.~. .:.;... '~:;-.~-.:_..... .... },:. _~..:.;-,--~...~o -=- -,- ~-."" ....-~--- On this....... ..... ..... ...day 0 C.~:;:,;:F.;;':~.......... ........ .A.'D.: 19. ......., befo~~ iri~..~':-;";,.", .~... ............... .... .~_._.."",,;,, ....;-............. a Notary'Public~in ~d [or.the said (:ounty,andiStale." c~-~idiE&",~h.~~ein'. du~y ,cammissianeifand swom~"per9onally, ~ppeare'a;...:. .....~.~:....~...-.... ... ....,..... ............... ',:,;,,:,:.,-,;, ~~..'.:.:~.._.'~.~-'. .,."!-.;..... ...... ~..... ........ ... ....... .;...... '':',.~';' ',.~'...,........ ........ .........:..~~.;~ '.... .;"., persanally k~awn t9 .~,~ -to be: ther.persan......whose nrime ........... ...~...:...~:.~.;.;,subs.criocd to. the' with"~n. In5ir~J1]ent.. 'and :duly ac'kn6'wl,~d.g~d.'to me th8t..........he';.......~.e.x.(H~t:i'~i::d~,the same. :.il11 Wl{nrss' W~rrrliC I 'have h~rellnl9 ,set 'my .:hand arid" ;H':~ixed :-:,"Y, 'o'(f!.~L~,l s_eaJ ~:'''e day 'till-d. Year, in,,,'this certificate;h.rs't .. -' - - - , ~.. . . above wii~ten. o . . ..........................:....................................................... ~Olary~p...Jbiic .ih~ana Jar'said, County and St.8te,' .:.-------1... "(:ORP6RA1'f~~ fC1R,"1 STAT,EiOF"",~!'1nft?~~?,..""',..,' ...,~ }' Count'y o.f:_;;....~~ffi1..DJ.e9~....... ....:.~~~:';,~ ,'59. Onit",." ",:u:(3,t,...., ,day of... ,AU9\j;!t,,""""'" ,A, D" :989... ,Se io,e, '".e,~"", ,~!m<;iy:, ,Rrf5f!;""" ,..,:"..,.."..;'."", ,:" ~"N?__~~y:?>.;plic :n".1.,d:(onh'~' 5ilid'~0.L:."Y arid 5~ate; :esidi.nR,thereln,. c:ulY\~~",mI5sioned and s~'Orn'_L~er5~nall~ aRpeared~.;.~... ~,h~Ji,:;,';~~~,9,'1~t~';;::~'.~:,A,':',;,'::::':'::'::'::':',':':::':'::::'::':':::':'::':':':'::':'::':'q:~:~~:::,",~,:,: ~. ~::,',',',~,:.i.~:~~f,','~~'~'~::~~:~. .. - .........................~........................... ~~~':lC::6l1'oraticn\:.L."at..~~ecij~d {~,e, w'ithin Jns~~e~t; kJ:'awn (0 me to 'be the'! persons'. who.: execu.ted'lhe within !nstrumen~."on benalr af thel,CGrpora~ion th'erein naIrf~'d...iIJl.anlcknowle'd~ed 'to'me, thllt;au-(h"~.~.ffioratian executed: lho 5C1rlHJ. 1:11 'n.i. '1v{'''.i'~\l',,~'I}'o'llY..~d OFFICIAL SEAL SANDY ROSE: :-.~~ :':\~Y'.r.UBltC~.cCALJFORNIA FF:ltlCI:->Al OFF:CE IN SAN.Dafoo COUNTY )jy:-Ccll:nmi&,SumExp,..A'ug" (ij, 1990 rZ2"4',/~m.m.. !.......QtfI:fy_ r~6Gc ,in .?Jld"(or SOld Cuunty fU1d^Stnte,~ y:e~r in trlis certificllle (i.rst abovei II'! w. ' .'-.-;"