Subordination Agreement 1987-637497
l:",,'
;i~:t ~
~'
_-, ,<1,\
"
.
10'79
87. f~;7i{
'~. '.C\\Cf;;etHJt:b)\N':r.-< .
;':'('In'I!i:('xl~ 1.\';f.'{];,I'i~;~; ,
'nr}.S~,~:iu:r:.!;Wfjl1iJ!:nh(;' ,(;jy' .
. ." .
, ,~ ,
,1387 NOli 1'3 'p~j 1: 04
,~ *.-
~- :--:"'.' "~' ,~,
-"!'.~,'l'__~ '<
r ~;, '~l__..
: V \J'
:REcofuD~NG REQUES~ED BY:
I ..YEf':'\ {_,LYLE:,,,,, I
Ll9UNi YI\ECORD~
THE CITY, OF POHAY
,P'.o,.B'OX'189
POHAY, C;o;UFORNIA
92064
,j-
~FEE
THIS SPACE FOR RECORDERS USE
"
SUBORDINATION AGRE'EMENT'
FOR VALUE RiCEIYED,the und'ers:i:gned:; :as Benef:i:Ciary under a Deed of Trust dated
April 10, 1987 , recorded' in'the Office .of "t:he.county Recorder of San Diego
,County , Fil'e ,No. 87-~925 'lR , ,and as ,owner and holder of the
obligations thereby secured does hereby makesuDJ;"ct. ,and subordlnat.e the liens ther'eof
to: the E'asement granted 'by' ):' iG p: Go Ventures
'to THE CITY OF po\-IAY, ,it being"u~:derstood and agreed, ti,-at foreclosure of said Deed of
1;rust shall not affect, defeat 'i:lrr'eilder invalid any rights under and by vii,tue of
sai4 easement, and saig easement, shall be paramount and superior to the rights: of
'any purchaser Linder a foreclosure of said Deed of Trust.
'Sai'd easement was recorded
the real property 'desc.ribed
.1O-<P:0--'t7
in: said'Deed
; Fi-le No.
of Trust.
r.7- 60(.) 31 h
,. and affects'--
.'
The undersigned Beneficiary of; ,said Deed of Trust declares and acknowledges t~atit
'her'ep-y intentionally t.;rai"ves, relo::Lnquishes, and,,'subqJ;di_;:fa~es ,~JJ.e prioriti!~s ?-.nd
,superiorities of the1:ienari,Cc.haige6f' ~'aid De'e,g d.f T~ust upon the land aescribed
;the!=,eiI'l:' iIJ.: fav,qr of"' '$ai,d ea.?emerit", and that it ,iind,~'rstand-s that in reliance upon and
in.. c.Dr.'sider.3tl,on qf 'thi~ 'w_aiy.er, r,elinquish.rnenti, ,and subordination specific monetary
?-r:}..q_ ~b~~t!~I::'___ ()~~!:"~'g~H:~t?I1_~, t-!J.l;L,~,e entered <~nto b.)' Th_i-rClPar-ties ,which 'woutd, 'not 1?e 'ma4,e
'or ~~f]~:er,~d.1 ~hto bl,i't. :for said, ,relfanc.e, ana t:hee,xecution ~y Beneficiar.y of this wa~Y,e!=,;
r.e}.~~irjqui!snmeii.t, and :subo,rd iri.ar ion 4
Dat'ed:
BE:;EFICIARY:'
GREAT AMERICAN FIRST SAVINGS
BANK, a 'Califbrnia Corporation
Rill No.
:Exc.. !io.
project:=1t~ R~~tOLA
./ --
~',
NOTE: ALL SIG:iA'tURES l'lUS'r BE ACKNO\-lLEDGED
NOTARIES: Use prop'..;r- form attacheCl
or staple appropriate'
form th,ere to.
By:
'John R. Blair,
Vice President
"
.
On October 26. 1987 before me, the und~rsigned, a Notary Public in and for said
State, personally appeared Di AnnA A f,nwP. , personally known to me (or proved to me
on the ,basis of satisfactory evidence) III he tbe--.Yice Pre"ident, and .Tnhn R Rl.=.;r
known to me If) he Vice President ~of the corporation that executed the within Instrument,
j.;nown 10 me 10 be the persons who executed the within
In"lrurnenl on, Lehalf Iff the corporation th~rein namf>d, and
acknowlerlged t1) me that such corporation t'xeculed the within
in:;lmmf'nt pursuant 10 its by,law.~ or a resolution of ils board
o{ direclor".
~t;. (Corporation)
STATE OF CALIFORNIA
COUNTY OF San Diego
} SS
i
w
~
w
,
w
"
.
<
..
~
!
WITNESS
m/)~and and official seal.
tOJlci~ ;/ tUtJ~
,
"
Signature
1
Randi L. Woodrow
Name (Typed or Printed)
OFC ' 2058
.
r.... It.. ......... ...... .....
,.....:: ~.. OFFICIA.l SEA\.. :
f .:ij- RANDI L WOODROW:
: 0 0. .: Notary PUblic-California :
~ ~ PnnClpal Offoce In t
! San Die-g(l County .
-. .....olt,"O<<..',. My Comm. [)t.p, Mar 1. 1991 :
................................. , . . c . . .. ..
"
:;i:~"'" "
i~~
.
~.
.
1080
lot
"
'.
~,
,,1.:...'.
/',
.
Ity
,STATE"OF, ""," ""'" ,'," ',"","" ,,'.'," ",,, ,},SS
9o"unty of..,... ..... ...... ....:::;;;:::..............
PARTNERSHIP FQRM
I On",th.i_s............... day' D,C..,..."...; .-;'....". ~. ,_..-,. A.D.. 19....... be forei me,... ;':. ~_;. .';.,.............................. :._...................... .,..
a ~otary PUbHc ,in and (or the 'said COljntY"~'~d Stale. residing tnerein, d_uly, ~ommissioned and Sworn, personally appeared....~.'
................................,.......... .............~-..-':.~--'..-..........: ...........:,known. to',: me 'to be' one of the partners of the partnership that-
execu~ed\the within instiLlment, and ,acknowledged' to:me that such partnership executed' the same.
1111' Witnrss Whrrrof.1 have hereuntl? set my. hand and affixed my',offi.cial seal the day -~nd year in this certificate first
abOve written.
...;..........;....-..............................................,.................
Notary, Public in and for said County and State.
GENERALF'ORM
STATE OF,................................,....."
County of...,................-...,."...... ..........
}ss'
On this;. .......... ....... .day.of... ~.. ;.~...~. ........ ..... ..... ~A.D.. 19.~.. ;., before'.'me,.... ..... ','~"" ....................... .._.... ......... ........
a.r-'!otar~'Public in and for'the said Count~,.ancPState. r~sidinc therein.:,duIY co-~missioned and sworn. personally appeared......
-,--~ -,....-
....................,.,......................,................................,.............................................................,.............,..........
. . ~- " - .
--- - - --a-bo';e~written.-
;/,-
f
......,4
r(~'
't).
"
:;, .
"
,
.,
'\ "
, .
. - - .
.............................................................,....................
Notary,Public in,and for'said County and State.
CORPORATION FOR~l
STATE:OF,.":.."....",.,.."."...".....,,,.,. } ,
CountY>,of,....~~.. .......................".....,.... S5
On this:......... ~.'...,... :day', of........,....,;....:......... .A.D.. 19.:..... b~fore.,me;.......................... ......... ........ ..............,... .'.
s N-otary Public in and forthe"said,C_ounlY and Stat~.:-~e.s.Lt!jng',ther.ein, duly cbrnmissione_p anej',swom,l person_aJ!r.:app~ared.......
'.. .,,;.,........ .... .... :.... ';, .';.'; ..-~-;';.. ..-........... "~',~ ~".:;.;~-~.:"";'.'........ .... ...,'~ '.'_'. .,'_"_' ~ ...~!u(9Y.n tDime; t.oi'8e -the-~. .-...~ ~ ._.. :'~................ Pre ~iden t
and: ',: .,.."...;..~................ .-...... .,' '. .... ~............... .........., .'.. ......... ......:... kno.;...n to". me to 'be ilie................. .:;.,;. .-..... Secretary
of the;.. ....... .:,.,...,.. ~.. .._.;.,........ ....... ..';.'..; ._;..,... ... ...,.......' .,.... ~_.-... .........;...... ...~...... ................,.. _.......... ........ ......,... ......
t_he_ Corporation that e-xecii~d the. witJiln ,'tnstru-mel}t. ,known ,to me, to be 'th'e' p~rso~a "who executed the within Instrument. on
behal! of the COrporation therein":nam_~d"and acknowIedged:to me that. such Corporation e~~cuted the same.
1111 WirnrS5 WIJf('rof..'I' hav-e hereunto set my ~and and affixed my offie'iaIsesl the day Ilnd year in this certificale rirst
above written.
,...................................,..................................,.........,.
:Notnry Public in ~si"f5Jr's(ljilCounty and'Stnle.