Subordination Agreement 1987-637496
:R1tCORDING REQUESTED BY:
tHE CITY ,OF POHAY
,
,11
8 7 '6"3IW~9!6
r::: , ;;lE~I']tj,~~.t:'.Q,,"'; -1
.:'~,:~~I :l~.,,'J' .;~.';;.,:l,l,,'i: :'1\' c'
(,I..,t.","""","C'"c''',Jr, ''''''',' ",
'0;: :''\.1"" r'~"~('l"J~r~r.!~q(:~. '
,U, ';,_~l' 'f,~'~l~' .,;j~}\~:I:..,'.., ~~ '
".. I'D4-
!937 NOV':I~3 ,AM 11': ~4
I .~;VEF~i\ L. LYLE J
~UNI Y H[COnD!~
~;:;. .-
,
. - ~ J,..~ " "
...'~,..{' - ,
~, '~,i::""'-.
,"Co_
I"~ '!" <t
,QrO
JO'7"
WHER .RECORDED MAIL TO:
'... .
THE C'ITY OF POHAY
P'.'O'. BOX,.:Y89
POi-lAY', CALIFOfu'HA
92064.
INOF~
THIS SPACE FOR RECORDERS USE
~.'
,-' , ,SUBORDINATION AGREEMENT '.
,FOR VALUE RECEIVED,
:'APrfl 10, 1987
CO)lrtty
obligat,ions thereby secured'
to the Easement granted by
the under,slgned" as Benefi'claryunder "Deed of Ttust' 'dat'€d
, recorded i~theOfflce of the County Recorder' of San Diego
, File",No.87-l92540 . and as owner and holder of the
does ~hereby make subj ect" and subordinate the liens thereof
GIP;G. Ventures
to THE CITY OF POI-lAY, ,it being' understood and agreed tha'tforeclosure of said Deed of
Trust shall not affect, defeat o~' renfter invalid any rights under and by virtue of
sa'id easement, and, said easement shali be paramount :aria superior to the rights of
any purchaser under a foreclo'sure of said Deed of Trust,.
Said easement was recorded {D -'ZA:, -~7 ,File No. 10- G D-c> 3 ( ""
the real property- described in said Deea of Trust.,
" and affects'
The undersigned Beneficiary of said Deed of Trust declares and acknowledges that it
h~rebY ,intentionally. waives', relinquishes" and" subordinates" the priorit:L-es and
. - -- - '--
sup'eriorities of :the lien anei' charge '01'0 said 'Deed of~Trust upon the land described
therein in favor of said easerne~,t:, and th,?t ,it' uri(r~r_s1;~'nd's ',that in reliance upon and
in_ considera~~on of' this waiv~r" :r.eJiIlqtiishr.i:ent', arfd, :subor'dinat'ion, specific monetary
and other oJ:d~g~Si..R.n.;;' w;!..ll ,,1?e' ~_D;t;~.re,! ~nto ,flY 1:h,~,r~ ~ar-_t;.ies .wh~ch ,~ou.ld not be ;made,..
or '~nte;;.-e~c! ~;:!~b, Jmt,; gq:~ :?,:id 'r?l'i'.:ince and :.t-he', .exec.utioh 'by, Beneficiary ;o'f :thisi ,wa'iv~r,
re'1:iI)q-yishr.nen ~:, ,}frid' ;iuhq:rd:inat ion.
Dated: CI-/3o" /7'::9 7
BE",EFICIARY: U\.uRENCE W. QVATE
Rf.\-l No.
Exc. tic.
PrOj"ct:jtl Ks--01
+t> SPO'--A
~~
fhVu.p)o, JY./&~
By:
By:
NOTE: ALL SICCiATURES HUSTBE ACK..'101-1I::EDGED
NOTAl{IES: Use pr.oper form attached
~r st~ple appropriat~
form ther"to.
.:
.
"
'""...
1:078
.
;;
,'I.:.
..~.
. .
1'/)
, ;".*
"STATEOF.o.,.,,,,,,,..,,,.,,,,,,,.,,,.,,,..,,,,.. }'
'C'o~u1}"iy':of.":~............,...... ..... ...... .-.~...;.., '-c~s
PARTNERSHIP FOR&1
On thi~';"",,':;i .~-.~:-~ .day of. -.......... ....;,:,. ~;-.; ..-; ,A. D., 19..... .,before me " ..;~_.... '. ;';.. ',_' ....:............ ..:.... :.._.',_~.:~.,;,,,,,,,, ........
a,Notary:Puiiic,',ii1.and for'the said County ana:Slate. residing therei"n. duly commissioned' and sworn, personally appeared......
,; -, .' ~ -" - , -, , - ,- , - ~
........................_.-.;..;';...:...........,.........~..~':..'~~.....-............,.... known to me tei be :'9~e of ~~e partners of.'the,p_a!!ii~rship,ithat,
.execuled:,the w'ithin.i~st~rument. and ackriow,~.e~ged to me that such partnershi'pc'exec!:1.ted ~l:ie...sa:ne.
j'nWi(nrss lVl)rrrof. I have .hereuptci set my' hand and affixed my official: s~al the day ~nd year in this c~rtifica.te first
above written.
..................................................................................
Notary Public.in and for daid C;ounly and State.
. ~..
GENERAL. FORM
STATE of:,4.!hAr,;...,,.......,,...... }
COUnly,of...~~:~/.c:;pCl.................. -. 5S
Onthi... ."f.ei.. t.7:.... "day of... ..S? ~.~....., .A,D.. 19fr.Z,hefore me., .lld,fl;R..I.,t1:..N...... .t.J.Y.B, t:;.B..G.-.....
, ~.~.~~%;.~;;~~~..~X~~~~~~.~~;....~~~k;~;;:t:,~;.;..:~~;;&d..:,d....~.~~.~,~~.~~~~~l.I.~.~~~~~:~~:...,:~.
,personallY~l<.riown to rne '"lo , be the person.~_~_~~'~!:iose name!;;;...........f;i".~";..~;.~subscribcd to the withiu l!lstrurnent, and duly
"a_ck)~pv.:.Ied~ed toime lhat.:....~:--(.~_e.1.......executed:th"e ~am.e.
3111' 'W(tTt!li'SW6it'rof,i ;have nereunto se~.:my hand and affixe,d .my ,off.ici~1 seal 'the day. and Year~iit, this certificate first
:aJ:)ove""frii'ten..
OFFICIAL SEAL:.
MARIAN NYBERG
'NOTARY P,UBLIC ~CALlFO.Rl\IIA:
P-Rl/'kiPA'L OFF.lCE ,I!,!,
. SAN-DIEGO COUNTY
M~ Commiss,?" 'EKp.- M~r.~2. ,1990;
----- - ~
CORPORATION FOR~j
STATE OF:",:."......,."".,......,..,.""..,. }
Coun!y oL...~....................,....,.,...,...... ' ss
On this................... ,day of...... ...,.. ..,...............A;,O;; 19;. ..... before me,.......,.,............... ..., ..... ..................~...;.......
a Notary Pubiic in and for the said County, ant;i:?t~te, residIng therein. duly co~miss'ionec,i and';swom~))erso_~ally.'appeared.......
.......... ........., ..'~.'; ......... .......... .-.. :.'.,;--.,'~. .';;~. ...... ...... ::...... ~\'_'~ ~.,.. :.:.:~..'~'.', ..:kn O_\',IT]'l' t"o:'lme: toib'e th~..,. .':'...;-.'..:::-.-....... ...... ..... Pre'sident
~_d;'..... .:......... ..~... :".:~"';-',___;:: .::.-",..... .... ...;. .-::. ,~'~-..':' .:';... ~................. .:........ known~' to;:.merto,:be~.the........ ....... ......,.:...... SecTetary
oi'the,...... .~;',:-. ._~;;........ ~...:...., .._._~..:...,'; ;'................,.. ._. ..... ..'..,. .'..;~ ~.'..~, ;'.-......................:~.. ..... ~...:..;...., ...............................
~he Corporation '~at execuied: the within 'Instrument. known to m'e<lto be ilie persons who executed Ute within Instrument, on
behalf o(the'G9rporation therein named, and acknowledged',tO me tbat'Buch Corporation ~?Ce-ciJted the same.
lJh Witnrss illl)rrrof. I have her'euntoset my hand and affixc-d my Official seal the day and Year in this c,ertificate first
' ,
above wr~tten.
'..........................................-............................,..........
Notary 'public !n and -for:~aid~Counfy;and State.