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Subordination Agreement 1987-249593'; ~r:>{.' i":;',' __......:) -,,'-".'- '" ,." ~ " get 8 7 ~""9"5"913 ;, '! ;" !'l it 1 , " ~, I ,;?tCOilflEfJ III 1 (jri"l~j/,L n::COHi'~; Uf S,\II-i1Il:GO COUH I'y, (;,\, < . RECORDING REQUESTED BY: t 1987 .I~A Y -6 Plfl2: 35 .TIlE CITY OF PO\,AY , I ..YEPI', L,U'U~'"I LEE uti IY II E C 0 ROf:::...J 0 t 7 WHEN RECORDED HAIL TO: Tm, CITY OF PO\,AY P.O. BOX "'7'89 POHAY. CALIFORNIA 92064 NO FEE, THIS SPACE FOR RECORDERS USE SUBORDINATION AGREEMENT FOR ',\AL\lE ~\<EIVEDS' the undersigned, as Beneficiary under a Deed of Trust dated L ~ ~~ ~ ::t;~cJ recorded in the Office of the County Recorder of San Diego \~Wtl .e::::t~4l_.., c.~ 1986, File No,~b.4'3.QB4' . and as o=er and holder of the obligations thereby secu~ed. does hereby make ,subject ,and subordinate the liens thereof to the Easement grailted by , Green Valley Ridge Estates, Inc. to THE CITY OF PO\,AY. it being' understood and agreed that foreclosure of said Iieed 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 purchaser under a foreclosure of said Deed of Trust, Said easement was recorded the real property described in H~iY 6,' 1987. File said Deed of Trust. No. 87-,;)19. 5"fi 7 . and affects - The ungersigned Beneficiary of said Deed of Trust declares and acknowledges that it !1erehy intent-:.:..onally waives, rel-inquishes', and subordina"tes the pric.rities and superiorities of' the lien and charge of said Deed of Trust upon the land' described therein in favor ,of said easement. and that it understands that in reliance upon arid in, consi?cration of this waiver, re~inquishrnent, and ~ubordination spec~~ic monetary and other obligations will be entered into by Third Parties 'which ,",ould not be mad" or entered into but for said reliance and the executl~m by Beneficiary of this waiver. re'lfnqu-ishmen't, and ~subordination'. GS KIN HARVEST SAVINGS AND LOAN ASSN" a division of Dated: I,larch 21, 1987 BA,;K R/1<No. Exc. No.__ Proj ect: By: NOTE: ALL SIG:-IATURES NUST BE ACK...'lOWLEDGED NOTARIES: Use 'proper form attached or staple appropriate f"rm thereto. , - , ,.;~' , '";- J :~-": ~. ,,,"' ~ .-= 'IfF . " . .) ~; " ' . 962 STATE OF,.......,....,.,...,.,.",.,.. '.,.....,.. Cou'!1'.t.Y~-:D(.~:......,"...., :....................,. _... }~s PARTNERsHip FORM On thi s........... ,... day of........... _. .......... ....A. D., 19... ...,before me ,"..... .0_" '." ',:." ........ ..... ....... .......... ... ................... 8 I:Jotary,'Public in ,and for the said County flnd~Slate. res'iding"therein, duly commiss'io~ed 'and sworn" personally appeared...... ..;;-......................;...:::..;.:..;.._............................................., kno.....n to me ,to be"one of,the pan-ners of the partne.rship ~hat executed the within'i'nstrumenl, and acknowled'ged'to:me lha~ such partnership executed the same. ,3111 llJirnrss ,Wnrrro(J have hereunto set 'my' h8.nd' and arfixed mY.official' seal the day and year inithis certificAte first 'abOve: ""..itten. .................................................................................. Notary Public in and for said County and, State. GENERAL FORM I i :1 : I I I I , , I STATE OF...........,........................,.... County '0(.............,............................. } ss On this............ ..... ...day or......._...~..,~..~.._~.......... .A.D.. 19....... before me,... ...;';'~..... ........ ...... ................~............... a:Not~1Publicjn and {or the said County and, State. residing therein. duly commissioned and Swom, per,onoll,Y .appeared...... ..... ..............~....... .-......;. ....... ....... .........~.. ...~.... .......... ;..... .............. ........ ','" ~ ..................... ............ .................... p.ers,onally kno\lm to me to be- the ,person......whose name .............................subscribcd to the within Instrument, and duly e.cknowle4ge~\to me lhat...........he..........exec.~te~ the same. l1n Wirntss illi)rrrof, I have hereunto set.my hand and affixed my official seal 'the ~a.y and year in 'this certificate first. above written. .................................................................................. Notary PubJici:in and for said County and Stale. " ,I CORPORATION FORM STATE OF,..,.-.CilJ.Hmm~.(l..,............. } C9Utlty o.f....I:li1.a:.1:~.'....-;-..;..;..;.;............. u ',21st ,}'laI'ch ,37 Norma C-;I'~l>betc' . On this............. '_'. ...._.day or. ....'..-.;;.. .......~..........A.D., 19.. ..... before me... ..... :... ~......... ..... .............. .............. ....... a Notary Public~ in anod,Jor the:said, COlmly and State. residing therein, duly:colT'missioned ancl,s""om--.persooa!ly appeared....... . .. Jord'an 'H:fl,ler.:. ' " . .' ',- -', , ' , _ I '" _, . ... ....... .............. .........-..u..;;. ~............. .............. ....-..... .................known to ,me 'to be the................. ............ Pre 51dent .""'d:.H~.~.~...~!:~~.~~..~~Y.El':9.~..~!!..!:~:':l':..~~.~gS,:.!..:') ..~~~~~_;kglk..,1i>:"'''~:!l<!m.:.K.....,..........:;... .......:mi"~X or tho....... JiM.Ii.1)!)J1.~., ~ity';i; llf.?.. .flR!!.'-:,...................,.......................................:............................. ............. .......... ~ ',' - j Uie~Corpot8tion that executed the within Instrument, known to me to be the ,persons whiJ executed the within Instrument, on '" - - ,., - " , behalf ~r lhe,Corporatiol1 therein' n~ed~.8.r\d;Dcknowled&ed to me that such 'CoTPoration 81C8CUled the 8~m8. ,1111 Witnr5s~WIJtrrof.1 have' hereunto ,set my ~and and affixed my officisl :seal the day and year in"this c:ertiflcale flrst . ., above I I I OFFICIAL SEAL NORMACRIBBET 'NOTARY PUBL1C'--CA~IFOrlNI,o\ PRINCIPAL OFF1CE IN 'TULARE'COU.NTY .~fCo~~j,~~~.~ Ej.~:.. ,~~Y, !~; 1 ~?~,~, . ..............r.............,! Nolary Public';lR and ror'uid County ~d St~tG,. , ~