Loading...
Subordination Agreement 1989-598249 ~">>R%CORDING REQUESTED BY:. CITY OF POWAY AND WHEN RECORDED MAIL TO: CITY CLERK cYfy OF powAY P.O. BOX 789 POWAY, CA 92064 ) 1644 ) ) ) ) ) ) ) ) ) ) f 97 59"?3'~Y7 . 8'9 5,9;8;'2. , . , ..., . " 'r:?j' RCCOHPED IN -j '_ Offi!G1AL Ht~Gonn:;;. i ,.. '. t'.... r'.-oJ . .--,~. '" -. I OF SAH O1:...C1.} ""'_7,)t" r,",~c~ . 89NOV - 2AM\lO:;!-i2 . V"'" L . YLE~ I ' ~j","'" .,L, L50UHTY'REGOBOER- This space for Recorder'l use 1.1 '-.:.c., NOm SUBORDINATION AGREEMENT FOR VALUE RECEIVED, the undersigned, as Beneficiary uncjer a Deed of Trust dated . ,_J..l!ne 16, f9g, r..ecordedJn the Office oJ the COHl!ty Re,<:o,Lder of ..San D,ieg!) "_ County June 27, 1963, Document No. 1122124 and ~s owner and holder of the obli. gat i oils thereby set;~ reef does he,reby make subject and subordi na te the 1 i ens thereof to the Easement granted by Milo L. Ott and .MarY Janice Ott, -to THE CITY Of POWAY, it being understood and agreed that fore'closur;e of said Deed of Trust shall not affect, .defeat or render invalid any rights under and by virtue of said, easement, and said easement shaTl be p,aramount and supedor to the r'ig'nts of any purchaser under a 'forec[osure of said De~d of Trusi. Sa,id ease'ment was, recorded jD ~ ~,s-??9 , File No. 'u_ gq'c::',;;;-ij/?"j!O i and ,affe.cts .the real property. described in sa,id~D,eed of Trus t. ~ The undersigned BeneHciary of said Deed of Trust declares and acknowledges that it hereby intentionally waives, relinquishes, and subordinates the priori. ties and sUJ)eri,~rities of the! i ten and charge of said Deed of Trust upon the land described therein in favor of said easement, and that it understands that in reliance upon and in consideration of th.is waiver, relinquishment, and ': subordi'natio'n specihc mone,tar;yand other obl igations: will be entered into by Thi rd Parties which .would not be made or entered into but for said rel iance and the execution by Beneficiary of this waiver, relinquisnment, and subordination. --'---~-. Dated: September 21, 1989 R/W No. Exc. No. Proje'ct: , ; NOTE: ALL SIGNATURES MUST 'BE By: ACKNOWLEDGED NOTARIES: Use proper form atti'lched or staple appropriate form therto. BEN.~FICIARY: ThomasH. Friedkin BY:.:t-L v- LL.- x I j) -.' ~,- ., I'} ,.\ -, . . ~. .F "..._,4........... .::.r.. -: ," .. ~"', J~" ./ ,;;",-.- ,.1645 /' STA'TE.OF;....,..""..",..,..,..".."",..,._..,.. } ~s County of..... ...., ................... .._00..... ;;-... PARTNERSHiP FOR~l On:ihi s.... ..... .....,.day of. ................. ..... _, ~.A. D.. 19. ..... .before rIle;. ......... ................... .... ..... ....... ..........:........._. 8 Notary Public in,a.nd-~or the,<said"County and:State. residing t~erein. ~uly:cOIIlJlf~ed' and sworn, personally, 8ppeared~..... ' ,', ...,', ~, ., ,.",- ~-~~......."~....................:~.......~......................-~.._......._~.~h.:.....,k~~ me to ~ one ~(the P8:tne~!! -of !he. p_8.:mership t}:lat executed-'hewiihin ins'rument, and .cknowlelged to me th.~uci\partnershipexecuted 'he, BBfIle. , lJlllVHnrs5,Wbrrrof"I have' hereunto: set' my hand~ affixed my o{liclal seal the day and year In this certificate first above written. ................ -..:......... :;:"~'-~.~': ~~~...... .................... ........... .... .., 'Notary P.ublic' in and',fo_r'saic:LCountY;<1!ld,Slate~ .. GENERAL ,FOR~l STATE OF,.....~~~.iil,~..;,....,..,....,:..,.. } Coun'y of... ,.... !:',<\;t;',:r,;I,,!L....,......,........ \, ss ,21st , . Sentenib'er-.~ -89~:- . -Aurora-L:-Jordiiri- -Qn .thI9.~.............. ..~;day of... .....F. .........;!:....... .A.D.. 19....... before me..,,,, .......... ......~....... ... ...... ..... .........~........ a Notary Public in'and'Jor':the,.:said Couri(y"and State. residin!;:,therein;,duly commissioned and Sworn. perllonolly..appcared....... Thomas H. Friedkin, "..,', ................................................................................................................... ~'" ................... ........................... personally k~own to me to be the person......~hl?se: name.......i.~............~~...;subscribcd to the withIn Instrument, and duly ac-knowj'e-d~ed to;me thaL........ ;'he~;...;-....'executed the same. 1:11 Witnrss ID~rrrof.,I,.'have hereunto set.'~y hand and ;)J';'ixed :;J.Y 'offie,ial ,seal :"1e day and' year in [his cestificme first -above. written. e AUIlORA L JORDAN -- ..', 1Wl0l1DlS .._IIo....'UllU CORPORATIG:-i FO,,,,';1' STATE:ClI'"":,......""......,....,, """,...... } ~.9untY o'f...... ...~:.......,~~-.:. ...........,.,.;.. :~;-.. ~ s s ,On this..........,:...:....day of,......,..;.,;;.................. .A.D.. 19.. ..... ,_~efore >.:'....:. ........ ...... .....: .~~;~....... ..............~;...... 'sl'olnry Public 'n ",d fo"'he said COc."Y'and S:a'e, ,eSldin. l;e~I,.-co"'misSlone,d and sworn. "e'sonallyappe.reL..... :~~'::':~':::':::::::'::'::':'::':'::::':::'::::::':'::'::::'::::':::::::':'::Z:':?:C':'::'::':':::':,:~:~,:~,',~,~,~,~,~~~':':':'::':':':':::':::'::',':':':':'::::::':':::,~:,~::~ t~e Corpomticn t.'1nt e,x.ecuted t~~Lhi,il~lrume~t. known to me 'to ,:be 'the persons who executed tho .wlthlO Instrument, ~.~: beh8~~f of .the'Corpornhon~eln nam~d. and ncknowled.ged to me.lhalsuch Corporation executed tho somo. , ~11 ~[Inrss ~.rr-of"I.hnve hereunlo, s.ct my- hand nnd ,nlii~,'~,d m'y' oiricial seal lhe day aod ,year in this certificale first above, WTllten..........-- ~ . . ... ~.. ... ....... .. ... ............ ....:............................... ................. :,rotnry r~,r;! ic in. Md,'for"silld Cg~~~y 111H:I .Slnle..