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Subordination Agreement 1987-249594 ,~ .-:=--' ~ #.;!( "~ ,!~...i'~' "'" . '..'!' .~ ~ , . ~63 8i.2~lf!9J5j~'~ oL~ ,[ ".!,SCmmf:llIN I .- Of-oF ICI,\I:E;:C()1ii~;-"" W'.SANDIEGO COUS Ly, C:I, I' 1981 ~Al -6 PM 12: 35 LiVEP.AL. L".,Lt:~ 'COUNTY HECOR!1EH ' .. I '. " .' ". O'~ RECCllIDING REQUE,STED BY: TI!!' CI'.rY OF POWAY , ,WHEN RECORDED MAIL TO: "fHE CITY OF POWAY 'P.O. BOX ",7,89 POWAY. CALIFORNIA '92064 NO Ffg. THIS SPACE FOR RECORDERS USE SUBORDINATION'AGREEMENT FOR VALUE RECEIVED, the undersigned, as "Beneficia,ry under a Deed of Trust dated October ..IT, 19.'79 ' , recorde,;r in ,the Officepf the County Recorder of San Diego Courity. n,..-!-nj-,,,r ,,<n rQ7Q, File No. 79~455971 , and asowu'er and holder cif ,the . cibligat:1"ons thereby' 'secured does hereby make subJect and' subordinate the liens thereof to the Easement granted by Green Valley Ridge, Estat'es. IIlc. to' THE CITY 'OF POWAY, it being' understood and agreed that foreclosure of said Deed of ,Trust shall .not affect, defeat 'orrender invalid any rights under and by virble of said easement, and said ease,roeIlt ,!ha1-:l be paramount and, superior to the rights of ',any purchaser urider,a,fcireclo'sllre of', said Deed of Trust. Said easement was recorded May"};,, 1987 the real property described in said, Deed of , File Trust. No. 87-,-;>.495rP'/, and affects - ,The '~ridersigIled Beneficiary' of said Deed of Trust declares and, acknowle~ges that it hereby ,iritentionally waives, relinquishes, and, subordinates the priorities and :superiorities of the lien and, charge.Qf said Deed of Trust upon the land described -therein in favor of said easement,- and that it understands that in reliance upon and in:.consider",tiori of this waiver;relinquishroerit, and subordination specific monetary ,and othe'r .obligations will be entered into by Thi:rd Parties which would ,not be made 'of entered' 'into but for said re1ci'an",e and the execution by Beneficiary oJ this waiver, rel:hiqu'ishmen't" and subordination. , <", ',,', ' ",." " ,.- " Dated: MiifLc.h24. 1'987 BENEFICIARY: \~ "" '\rII'\ \~ . W~t R/'lJI-!Q. 'fx,c','No. Proj ect: By: By: NOTE: ALL SiGNATURES HUST BE ACKNOWLEDGED NOTARIES: Use' proper Lorm attached or staple appropriate form thereto. ,I ..,., " ;' 7~tr '<;i' ',," :-~:.~.~.: ""::- ~ . 'ti ,it.. Ij) . < . o. 964 . CsTATtE,OrP.......'.............,...,...,.....".... ,} ~8 - oun"y 0 ;......................................::... PARTNERSHIP FORM, ,:qn; ~h.i's. n-.--.. ~-.. .;".... day - o~................"........ .A. D;... 19...... ,before' me...............................................~...... .~...~. ~.;.... ,_. _8"'~_Ota-ry Pl;1bli~ in ~d;.for:'the said'CountY'and Slate, residing;therein. duly commissioned' andswom, per~onally,8.ppeaCeg..-.... .,.~.~......-:............~.,;;...~;............!............;....-~'~~.-:.;.................. known to)~e..'.to, be one- of the,psrtners of the partnership th.at executed,lhe'within,instrurtl._ent. and:acknowledgeci to,me that such partnership executed ,the. aame. ,In' Witnrss, Uititt'ro'f~ I 'have hereunto set my hand and affixed -my official sear the. day and year in this ,certificate fi~st abOve written. . '.r'" .......................,.. ,'~, ._....... ~..~.,...'" u...........n........' ....... ........ Notary Public~'in and for said County and State. , GENERAL FORM STATEOP,...~iliM!1M~................. }'SS County of......"Il-Y1..P.:<;ggfL.................. , , 24:th ' Mr1/1.c.h. 87 ,. :the. undw-<.gned '. , On, thls..........._. ........day of..............................A.D.. 19....... before.rme,. ........ ............. .... ....... ................... ........ a,Notary~Public in-~and for'the,said':Coullty_an'd,.State. residing therein., duly. commi'ssionedrand sworn. personally appeared...... ,..........:......... V.fI!!...Vjgn. ..1<;.,.. Will .... .1!};W:.{?i?,.............,..............., ,...;. ,,'.:........ ,'.,....................... ::........... n...n.... n.. pers'onally krioWII to .me" to be the person......whose .~ame .......,-!.-:A............,;...su~scribcd to the within Instr'ument. and duly acknowledged to'mefthat. ........ .'he... ...... ..execut'ect the same. 1111 ,:Witnrs5 W~tn:O(, I have hereunto ~el 'my' hand and affixed my 'officiaf seal 'the day'-and year i~ -this certificate first 'above written. OFFICIAL SEAL MARY [CLARK NOTARY PUBLIC; CALIFORNIA ,SAN DIEGO COUNTY My Conm ,Ei<.pir&$'O~t.'27.19B9 ~...............~~~\).~;..~. CORPORATION FORM ,STATE OP"..:,:."....'......".................... } 88 County of..............-.......~..................... . On this.......;.....;.:~,~. .daY.of..... ......... ......... .......A.D.. 19.. ..... '.before me........ ................. ...... ... ..................... ....... ~ Notary Public in and for'the said COUnlY'Bn,dState.,residing therein'.,duly,~_om-missJolled and;sworn. personally appeared....... '..~..... .............. ...-....~...-';......... ... ......... ....... ....... ............:............:knO\lltl' to:'me: to., be th~..;,.............. ............ President and... ................. .......... ..... ...........,~....-.....;...............-.;.-.............;-... known t.o me'to "be the.... .............. ............. Secret8~ Q.rtlle..............-..................................................................................,.:.........;..................................................... 'the Corporation th.at .ex,ecuted: th.e within'l Instrument. known_ to ,me to be .the persona who executed the, within Instrument, on ~eh~l( o( the Corporation therein named.,M,d,ackoowledged:to me that,8uch,Coi'pC?ration,eic~:cuted _the 88me. '.JJn,Wirnrss WIJrrro(. J have hereunto 'set my hand and affixed my official. seal the day and year in this ~ertificate first a~ve written. '.................................................. ............... ........ ~........ NotarY,Public~;'in,and 'ror Baid Comity and State. . u" r'