Subordination Agreement 1988-288140
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0I'fY OE fOWlU )
TICOR TITLE iNSURANCE 'COMPANY OF CP,UFORNIA )
AND WHEN RECORDED MAIL TO: )
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RECORDING REQ~ESTED BY:
l~f,'" Ill' iJ 16 'M 8: OC;
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I _~.~/E!":':. L, LYL~: i
~U~(; y ::[~~OnCEH~J
CITY CLERK
CITY OF POWAY
P.O. BOX 789
POWAY, CA 92064
NO FEE
(This space for Recorder's Use)
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SUBORDINATION AGREEMENT
FOR VALUE RECEIVED, the undersigned, as Beneficiary under Deed of
Trust dated January 27, 1986, recorded in the Office of the County
Recorder of San Diego County January 30, 1986, File No. 38003, and
as owner and holder of the obligations thereby secured does hereby
make subject and subordinate the liens thereof to the Easement
granted by poway Residential Properties Limited Partnership to the
CITY OF POWAY, it being under-stood and agreed that foreclosure of
said Deed of Trust shall not affect, defeat -or render invalid any
rights under and by virtue of said easement, and said easement
shall be paramount and superior to the rights of any purchase~
under a foreclosure of said Deed of Trust.
Said easement was recorded ~j/b/~5
and affects the real property described in
, File No.S8-.;)S8 1.37
said Deed of Trust.
The undersigned Beneficiary of said Deed of Trust declares and
acknowledges that it hereby intentionally waives, relinquishes, and
subordinates the priorities and superiorities of the lien and
charge of said Deed of 'j'rust upon the land described therein in
favor of said easement, and that it understands that in reliance
upon and in consideratioh of this waiver, relinquishment, and
subordination specific monetary and other obligations will be
entered into by third Parties which would not ,be made or entered
into but for said reliance and the execution by Beneficiary of this
waiver, relinquishment, and subordination.
Dated:
R/W No.
Exc. No.
Project:
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BENEFIC~Y:Hawthorne Savinqs
Loan Association
By: ;.( ,0/.,u2<-<-<-L ~---U~..J
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(~// V--I'---o/ .c~~/ ,7
By: (\"""" W
T1P~
and
NOTE: ALL SIGNATURES MUST BE
ACKNOWLEDGED NOTARIES:
Use proper form attached
or staple appropriate
form thereto.
T;.,." l:i::~rJ;;j:;,;t i'i~:~i tv; fJC:)f(1 j;~1 i iCOi i it]3
Ifl;iUl{.lilCC Cornf}Jr.y Ol" C~:liforn!8 tiS un aecOmmOdli[tGil en'I', it
l1a~ not been CXJmif12d jE'; to its e;\eclilion or liS
to its effect upon the title.
I
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CAT. ,NO;' NNQ0731
i-02194S:CA (1':"'S3)
.'\. (Cq!"P?'ia rion)
f!fJ TICOR TiTlE INSURANCE
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,STATE OF CALIFORNIA
COUNTY OF LOS ANGELES
On JUNE 15, 1988
said ,State, personally ,appeared
personally known to. me or proved to me on the basis
of satisfactory evidence to be t!!~p~rson who. executed
the within instrument as the Tf-<J:illSURER
~and
person_ally known to me or
proved to me on the basis of satisfactory eVidence to be
the person who executed the within instrument as the
-- Secretary of the Corporation
that executed the wit-hin instrument and acknowledged
to me, that such corporation executed the within instru-
ment pursuant to its by-laws or a resolution of its
board of directo
WrrNESS anlGt
@"PATRICIALMER01"H
... , , <Notary Public... Colltorftla
ti PRINCIPAL OFFICE! IN
. ". ORANGE COUNTY:
MvCommlsslCln Expires November 211990
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before me, the undersigned, a Notary Public in
JERRO OTSUKI**
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and. for
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Signa
(This area for official notarial seal)
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This Iristrum,e~t'''led fo~ reco,,;, :;2s an accommodation only,\t '
.. C noa\\jol Celllom18,a ",
,Insurance 0\ I .. 'd ".' its exec~tioo or as
has.n6t.beeo'oxamme a, ,0 ,
to itselfect upoo the title,
PARTNERSHIP FOR~i
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~;t~1;jo1~~::::::::::::: :::: :::~::/; :.:<:::::::,... }-~'s:
Oli thi s.:~._..,;....;.. .day of..,.............., ,;' '.'. '_.';, ..A:'D,. 19,..... :before m'e... '_" ~'_::'" .....-.............,......... ...._' :.... .;';.. h..... ........
,a~t:'Jotary'Public i~ and for, the said County"an-d:Stat'e. residing therein"duIY,:c-o~m'i~sione.? nn~ sworn,. per5o~al!~ ,~pp_e~red~.....
,-,..;..~....... ":.:.. :.. .... ...... ..~......:...:.. .....:.... ,7.\...... ..... .:....., ....., '!>-~ri<?wn to me to 'be- ,one of'th~. p'"a_rt.n:et"8'.o'n..he:.parui'ers\1~p;'~fi.~t\
:e'iecutevd~:the ~ithin instrume-nt. and acknowledged to me that.';'~i.ich_ partnershipi.executed the' same.
iJ'J..1Vitrirs5 llJbrrrof. I 'have h~re~;fc;- set my hand and affixed my official 'se'ul the day and Year'in this"c_ertirtcat.e 'first
abOve written.
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.., ..... ~'-_'...," .:,.'~.. ..,._....... ...... .... .., .h.. ..... ........... ..... .... ........
Notary'P,uolic in and for said County and S,41te..
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GENERAL FORM
'STATE pc"..,............. .........,.....".,..... }:
County o~...._...., ,.,... .:.,........,.......;.'.'.-;..;:-. ".,-' 5,S
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On thIS.............:......day or.......:.. ,:......::............\,0.. 19......-. before me,...................... ,... ....~;..............._:.~~.._..._.....
~,.~.~t~:., ~~.~l :~. ,i.~ .~.~d, ,f~: ,~h.~: ~.~ :d, ,~.~~.~~: ~~.~. ~~~ ~~.', ,~~~, i.~:~, ~'t~. ~ :~.i,~: .~,~ ~~,~~.~,~'.~~, ',~~ ~~. ~.d, ~.~~~. ~ ,~~,~~~.~~l, I,~:, ~.PP,~~.~~d.: '. .......
pers6nally"l{oown to me to be L~-e., person.......'....hQse naine.... ,....~...............,.subscribcd to the withIn Instrument. ill1d duly.
:'icknowledg:ed to me ,that...;...,.:he..........cxc'?uted t~e same.
ifn lVitnrs5 ll}lfrrrof, I hnve 'hcreunr.o" sel.'my lland and ':ll:-ixed my oCtlcial ,seal l.~,~ day :J.~d year in thi9 c'ertifi!=::1tedlrst
above 'written.
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:-lotary:Bublic,in ~d fei. said County and State.
C'dRPO;::,.\TIO:--: FO;::~;r
--, "Cal.ifornia'
ST"TE Of',..,.,......",..,..........,....".."..
County;of.~:.;-,~;Or.an,ge....... ., '}:is
On this;,..r?'~h-:......, ,day"ol....,..... ~.~~,~..., ...., .,1.-'0.. 19.. ~.~., ;jcrore' me,...., .,.,. ..~.,..,: .G~J.?R.lf....... .....................
'f~rr6tl'~~~nKt~'!:;'~'i,.,;niii Cou.",. ,,,ciS'"te, 'eSlc;n, therein, c~I;' co",miosion"d and s'^omJic~nallY,.ppe.'ed:......
.....,.,..,... ,.,. ....".. ~,..............."..........,..,.."........,..."., .',' -;'~.'., ':'-~"'" ,';:10""11 la" IT,t! to b~ t:-le..".....,..,..,.........,.,. Pre 51 den t
and. .;..".. ,...",.. ,...... ,...., ',:'" ,'... ...........,..,.. ...-;,......,.. ,... ...'..". ..... ._. ~-\nov..i)" ~o me, t.o be the.. .., ..... ..'.......... .-.. ,....... Secretary
of the.......,.......,."....,..."".......,....,................"..."..."..._........,......".,..,.".... ........,..,... ,....".,........"........,....,.....
~~~ COr1Jorution L1Ul o!xecutcd' thp. within fnstrumenl,knoywTI to me..tci qe ,0~ perso~8 who executed the WIthin Instrument, on
:.::ehaJ{ of the Corporation there'i~1'I:1aJ1.1ed. and ul.:knowledgcd to me th6t'BUCh7fOrp - ad'on e~ecutcd tho',same.
1f1l ll)irnrssWIJrrrof, I have hereunto set my hand unji <)(fix'cd ,my Offi.Ci,5.1 S ul the flay Bud year In this certificllle first
O.ii'-'-~;~~'-"'l (\ ~(;~f' ~ A~
.' ,-,.; , Notary ~ubllC . Cal~om" I ~ kc VJ.-U
:, -l-, ORANGE COUNTY, " 'I """"'....""..'."."'..'.'..(-'-';.,..'.".......'....'..",...,."".""",.
: '-,'., M CD~m.m;sswnEKplreS~111 '9~...; ,';olnry Puh[ic; in rihd,(n( saId Count'!'2J1d Sti1t~.
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