Subordination Agreement 1987-249592
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.Of SAN DH:GO'COUH! 'i.'C.\.
RECORDING REQUESTED'flY:
THE CUYOF. PWAY ,
:l9B7' MAY -6 PM 12: 3S
, .
WHEN RECORDED MAIL TO:
I ..YEnli I: LYU~"I
LSjlUN J Y '(ECOHDI~
olY>
NO FEe
,THECIT-Y OF Po\-IAY
P'O'O. BOX ,7,8;9
POI-lAY, CALIFORNIA
92064
THIS SPACE FOR RECORDERS USE
SUBORDINATION AGREEMENT
FOR'VALUE RECEIVED, the und'ersigned', as Beneficiary Under a 'Deed ef Trust dated
august 22, 198:> ,recerded in the Office ef the Ceunty Recerder ef San Diego.
Caunty, lI11gn"T :n, 1 qR~ ,;F',:i.'Ie .'10.., SS-1m''''', , and as ewner and holder ef the
ebligatiensthereby secured daes hereby make, subject ,and suberdinate the liens thereef
to. ,the i'asement granted by
Green Valle,', Rid'geEstates, Inc.
,to. TilE CITY, OF POWAY. :It being understead and agreed that fareclesure af said Deed of
:trust shall.nat affect, defeat er render invaliCl any 'rights under, and by virtue of
said easement, and said easement shall be parameunt. and superiar to. the rights af
any 'purchaser under a fereclesure ef said Deed af ,Trust.
Said easement was recorded ~iav 6, 1987
the real praperty described ,in said Deed' ef
, File No.. 87-~49<C;-"f7,
Trust. '
and affects -
The undersigned Beneficiary ef said 'Deed ef Trust declares and acknewledges that it
',ljereby intentierjaLly waives, relinquishes', and subardinates the priarities and
,superierities or the lien and charge ef~aid Deed .of Trust upenthe land described
therein in ravor cif said easeme'nt, arid that it understands that in reliance upan and
in consideration o'f thi's waiver" ,relinquishment, and, subordination specifi"c monetary
and ether obligations will be e~tered iutaby Third, Parties which weuld not be made
.C?)~ '~Dtered :;.nto but, for said reriance and t,he eJ:Cecut:ion by Beneficiary 0: this w3i."ver"
relih-9u.~~'h~en t, a~19 su.bordination. .
Da'ted: March 24, -1987
I
BENEFICIARY: HOGUE GRADING AND PAVING
,;:1<v-x(~Q",
R/11 'No.
Exc. .'Ie.
'Praject':,
By:
NOn:: ALL SIGNATUR'ES HUST ,BE ACKNOWLEDGED
NOTARIES: Us'e preper ,ferm attached
or :stapleappropriate
rqrm thereto.
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PARTNERSHIP FORM
On' thi s,........".., _~day or... ........ .......... ..... .A. D.. 19.. .... ,be'iore me~... ...., _,.. ...............,..... .......... ....,...,..... '.........
B,~'otary;-PUblic ,in and for the said County and State. residing'therein, duly c9_mmi~sioned and sworn, personally appeared......
........,............. ..:~::~......................................................., kno....n to 'me' to be one of the partners of the PBrtnership_"that
ex_ecuted the witllin Instrument, and acknowledgearto,me that such partnership executed the same.
''lilt Witness 'Wbrrrof, I have hereunto set my hand and affixed my official :seal the day and year in this certificate first
abOve wrilten~
..................................................................................
Notary Publ ic in and for said County and State.
GENERAL FORM
STATE OF"..............,....,...............,...
County or.......:...................................
}S8
On this'. ......... ........ ..day' or...... ........................A.D.. 19......, before me,;;.. .~.;...... .............. ..... ............... ..... ..... ,,'.
a Notarr Public in and for the said County and 5t.ate, residing therein. duly commissioned- and sworn, personally appeared......
,................,...................................................................................................................................................
persQnal1y known to me to be, the person.~...~whose .name........,...................subscribcd to the within Ins'trument. and duly
aCknowledged"to me thal...........he..........executed the same.
}JII Witness Wi)trro(. I have hereunto selmy .hand and affixed my official seal the day and year in this certificate'flrst
above written.
.........,...................................................,....................
Notary Public'in!and 'for said County and Slate.
CORPORATION FORM
STATErOF.."C,~~,i,~'?X.!'.~.~,.,.....,...... }
County or.....S.an..lli.eg.o.;..,.............. as
On.thia. .......2.'...... ..,daY.of.... . r1.<;l.f.fJ:l... ...........A,D.. 19.!E., before me..!.~ ~."'.~. i'!.. .~. .....f.'!\ 1: 1:.:!-,!.A.9............. ....:..
l!II'NotarY'Public in and .for the sBid County and State. re),iding: therein, duly'commissioned and 8wom, personally Bppe8red~......
K J Ho.oue , .," - b Lb ' 'P 'd'
............"....~.........c:<l....................................................................'I,UOwn to me to e e............................. reSl ent
an~. ....-.....~.-....~,.... ........ ... .... ................... ..... ......-........ ................,known to me to be the..... ............ ..... ........ Secretary
of Lbe, .~.:. J.... :!Lq J!,. \l~...1'; n,t.~..... J.n 1:.......................,................... ................:.,..,...............................................
the Corporat.ion that executed,the within Instrument. known to me to ~ the per-sana who executed,the within Instrument. on
behalf of the Corpo.ralion therein,named. and acknowledged to me that such Corporation executed the same.
lht WilnrS5 lVIJrrrof, I have, hereunto sel my hand end affixed my offiCIal: sea) .the day and year in this certificate first
above~ written.
OFl':IC1AL SEAL,
TA!;iERA I. CARRilLO
p.:orAR"V PU~L!C . CPl:~'FORNIA
SlJI liiEGO, CCUNTY
'fly..comm. 'expires 'AUG 2~,:;.~989
~w..WL.ci?~........
Notary Public:lin,and:(or.aid County and ,Stele.
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