Subordination Agreement 1988-348054
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RECCRDI'::C,!'.EQu=:sr=:o ~Y:
1388 J.Ul 19 AM 8: 03
Tll=: CITY OF ?O:;;S
Ut' . 'lEfiil L U'Lt~ 'I '
CCJU>J!", ""I"OI'~~f'
to'to . f..t';"j\l'~~,
WHEll RECORDED 1'~UL TO:
TllE CITY OF ?O~lAY
P.O. BOXe189
?O:;AY, CALI?O?.:nA
92064
NO FEE
THIS SPACE FOR RECORDERS USE
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,SUBORDI:1ATION AGREE1ENT,
FOR VALUE ;U:CEIVED, the un:d'ersigned, as, Beneficiary ,under a Deed of Trust dated
'. April 22. 1987 . recorded in the, Office of the County Recorder of San Diego
County May 29, 1987 . File No, 87-29QS67 , and as owner and, holder' of' the
obligations thereby secured does hereby make subject.,and subordinate the liens thereof,
to the Easement granted by FREDERICK T. VON DER AHE
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to T;:E CITY OF Pm-lAY, it' ':Oeing understood and agreed that, foreclosure' of said Deed ,of
Trust shall not affect, de"Ie;:!t or render i:n'alid any rights c~c'er and by -.;irtue or
~.:1id, ease=-~nt, end said e2s~:-:en!; sh.:lll ~e p.3r2.::ounc 2nd, ,su?er:::..o= :0 t~e =ights or
any ~urch.:1scr u~~er a fb=Qc10su~~ ot said Deed ai' 7=us:.
,Sc3id ~::se:':Qn~
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::eco:cciO<1 7--:19 -~g'
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;;0. 2 R- '3L/-g,oS'P;-
, 2:1d
2.::!2.'c::s
t~le rc~l pro?~=ty desc=~~eci ~n said D~~d O! _=~s~.
~~~ \.1i1cc:-si.;;r-.cd, 3c~e:.:i:.c::i..:lr~l ~i 'sui'd. I;eed or :=:':ST: cecl:1=2s ':::1d .J.ck..-::::'.~'l~G;;es t~3T: i-~
hereby intcnti.c~~lly ~~aives, =21inquis~es, .::~d subo=di.;a:~s t~e ?ri:::=::i.:~2S ~nd
superiorities 0': the l.ien arid charge of ,said Jeed 6{ '!=usc' u?on the land ,described
therein in favor of said ease~enr, and that it understands that in reliance upon and
in. consider.J.[i.on of t.his .....ai'v~=, re.linquisa."':':.e!l.t, .:!.nd,subordi:13.[ion speci:ic =onetary
and o[~er obli;.Jti.:::ns ....;ill '::e e.nt'e.=ed i..:1t::l ~.: -:~:..'=:: '?,irt::'2s' ',:hi.c:" :Jould ::ot be oarie
or entered i::=o ~ut :or said :-cli3nce ~nd ~~c e~ec~:icn ~y Seneiiciary of this vaiver,
reli::~uish~ent, ~nd su~o=ii~~tip~.
J.J.CCC:
May 12. 1988
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SECURITY PACIFIC MORTGAGE
AND REAL ESTAIE SJ:.Kv,lL"-6.INC.".
A DELAWARE CORPORATION
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VICE PREsf,tJENT
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~:rrr.~TI:::i: 'U::c p:;opcr for::} .Jet.J;::,cd
or -sc3plc appropriate
:.or:1, chQrcco.
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PARTNERSHIP FORM
STATE OF......................................... }
County of........................................... S8
above .....ntten.
....... .......day o.r........ ............ ..... ..A. D., 19...... .belore me... .............................'.............. ......
Il ~otary Public' and for the said County and Slale. re8idinl lherein. duly conunissioned and sworn, persona appeare~.......
.......................... .....:..........n..................................:... kno'NTl to me to be one of the partners' of e'partnership lhat
ment, and B_cknowledged to me that such partnership executed the same.
ve hereu:lll) set my hand and affixed my official seal the day an
...............................................
On thi........... ..........day of......~._... ........ ..........A.D.. 19....... before' .. ........... ... .... ... ...... ............... .................
a,Notary Public in and-Cfor't~e said County d State. residing therein. duly comm sioned and sworn. personally .appeared......
personally kno'olm to me to be lhe
acknowledged to me that.......... ..........executed the, same.
lfn Witness W~rrro(, r. ve hereunto sel my hand and affixed my official seal the
above written.
within Instrument, and duly
year in this certificate first
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Notary Public in and for said County and State.
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CORPORATIO:-l FOR~1
STATE OF....~~~}.F.P.~N.J;.~.............. }
County of...J;.OS..AN!;ELRS.............. 55
,12th MAY 88 SUE HENWOOD '
On thl s............ .... ....day 0(... ... ..~.., ...... ........... .A.D.. 19.. ..... before me .~. ..... ..... ...... ...... ...... ... ....... ....... ......... .....
a Notary Public !n iJIld for the said Coun~y and State. residi~g therein. duly commissioned and sworn. personally appeared.......
......,.J\.N;I.'l:A...ROc.LICli:.........................................:..........,.,known to me to be the..........V.LCE.......... President
and... ..... ...... ..~ ..... .............. ... ........--...... ....... .... ................ ..... ..... kno\vn to me to be the............ .......... ........ Secretary
of the h... .SE.C; p..IU: 'J: X.. .P.l'>.C.r. f. J.c;,,!1 Q !J..h~b.G.!';. .llN.,/),. ..1J..J;:.M....r, y... R.J;;.~ YJ.~!'! .f? r.,. ~ ~.~:.......,............................
the, Cotpof'lltion thatex_ecuted the, with~n lostrum-ent. known to me to be the perso~a' who e-;ecuted the within Inst.nJment, on
behaltot,the Corporation t.!ierein named, and acknowledKed'to me that such Corporation ex~culed the same.
lIn WilnrsS llJI)rrrof.1 have hereunto set my hand and affixed my orfacial seal the day alld year in this c;ertificate rirsl
oDove written.
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, ~. (:;::iCi;\l SEAL ,
~V"';i0>il SUE HENWOOD 'i_I
,:~, i'::l;,' (.> NOTAHY, PUB, lIC.CALlFO,' R, NIA"~
,'~~",... "W 1.0SANGELES COUNTY
~,", M1 c.~"ii,i;"Eiplr...Aui. 29, 1989
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'NOll!:ry Public in and ror said County and Stale.