Subordination Agreement 1987-249589
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RECOr~ING REQUESTED BY:
1987 MAY-6 PWI2: 35
TilE CITY OF POWAY ,
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WREN 'RECORDEDKUL TO:
NO FEE 01"5
TilE CITY OF PO\,AY
P'.O. BOX ,..789
PO\,AY, CALIFOR..~fA
92064
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THIS SPACE FOR RECORDERS USE
SUBORDINATION AGREEMENT
FOR VALUE RECEIVED. the ,und~ersigned, as Beneficiary 'under a Deed of Trust dated
" August ;22, [,98;:> "recorded in the Office of the "County Recorder of San Diego
County lIngn"+- .?i. rq~'I'; " File No. 8S-1Cl751 3 , and as owner and holder of the
obligations thereby secured does hereby make subject ,and subordinate the liens thereof
~9 the ~asement granted by
Green Valley Ridge Estates, Inc.
to TilE CITY OF POWAY, it being' understood and agreed that foreclosure of said Deed of
Tr,ust shall not affect, defeat or render 'invalid any rights under and by virtue of
sard easeffient,. and said easement shall be paramount and syperior to the rights of
any purchaser under a foreclosure of said Deed of Trust.
Said e,asernent was recorded' M;,y h, 1 qS:17, File No. 117, :::JL/Cf.5cf'7. and affects'
"the real property described in said' Deed of Trust.
The ",mde"signed Beneficiary of said Deed of Trust declares and acknowledges that it
'hereb~i irite-ritionally waives,. relinquishes, and sub~~d.inate_? the priorities and
superiorities of the lien a~d charge of said Deed of Trust upon the land described
~herc.in in favor of said eas~ment, and that it understands that i ance upon and
in, consideration of this wai ver"relinquishment, "nd subo nation specifI monetary
and::other obligations will be entered into ,by Third Pa ,i.es which "ou1d 'n be made
oJ "eriter,ed into 'but: for. said rel iance and 'the 'ex~cut. n by 'Beneficiary ':this waiver,
reI inquishment, and subordination.
Dated: ~ K7
r;./\I No.
Exc. No.
Pcroj ect:
R ,S
By:
By:
NOTE: ALL SIGNATURES ,NUSTBE ACKNOWLEDGED
NOTARIES: Use proper form attached
or staple appropriate
form thereto.
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.STATE'OF,..",.,.,..,.."".,.,.....".......c.., },
'Coun'ly of..... ..... ..........,.......... ...~..;.;,.. "88
PARTNERSHIP' FORM
',go..this,............. ..day, of,.._. ......... ......... ...;A. D.. 'l9~.....~before me ,........ ..,,~, ....., ..~............ ..... ....'...,........ ..~.........
_8'~Otary Pu.bli<; in and_for the said County ,_~fld,State. residing therein, 'duly comm~s8.i_oned and 8wom.,personaJly ~ppe~red......
...........;'........~'.-.;.-.....,....:.........................;......'.................. kno,wn to me -to be,one,',of the panners of the partnership t~at
executed the wilhin.jl)strument, and acknowi-e~gea, to me that such partnership'executed lha same.
lIulllirnrss Wbrrrof. I have hereu~toset my hand, and affixed my official seal the day and year in ,this certificat.etirst
above written,
..................................................................................
Notary Publ ic ,:in and (or said C()unty and State.
GENERAL FORM
STATEOF.,t'~~6.0.j~................; }
County of...."(ln:.v.1.I'.>iQ.......,.............. .',55
,24.th . Mai1.c.h. 37 ,.the. UYldeM.<.gYle.d
On this..... ....... ........day, of.:..... ...... ................... .A.D,. 19.~...., before me, ...................; ......... ....... .................... .....
a-Notary Pubfic in ana for the said County and State, residing therein. duly commissioned and sworn, 'personally appeared'.,.....
".... ,..:.. . l.unl11ie..I.f.('. . .RQ b,e!l-itA............. c,....................,.,...",..."........,... c'.........,................. .:...."..............,.....
personally kriown..to me to be the '..person......whose name ........M.................subscribcd to the within Instrument, and duly
8~cknowledged',t.o me th8t.........,he,.........ex~cuted,the same.
lfn WilmS5 'W~rrrof. I have hereunto set riLyhand. and affixed my official seal the day and year in this certific.aLe first
OFFICIAL SEAL
MARY CCLARK
NOTARY PUBlIC'- 'CA'LiFORNlA
SAN DIEGO 'COUNTY
My-Comm"E,>;pires'Ocr'27.1989
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above written.
aid County and State.
CORPORATION FORM
STATE:;OF,.,..:.............,........."........... },
t"""~,' - .~..-- ,. - , '95
Colin y.of............................................ ,
.9n lhi.a.............. ..... '.dar ot... ._........ ...... ..... .......A.O.. 19......, "be Core' m~........ ........ ......... ......... .............. ......... .....
a Notary Public in'8.!Ictfor the,SBidCounLy and State;,res.i~i.ng therei~.'duly commissioned and sworn, personally appeared.......
.., ..~..;_......... .~..... ......... ..... ..:...... ........ ..... ...-..................~........... ..knc?YIn to me to be the................. ............ Pre sident
and... ... ..... ........... ._....~.-~....;-.........................................;.... ...........' known, to me to, be the.. ......:... ....... ...........Secretary
oC the,......,.......,:................................................................................................._.....................................................
the Co~ra,tion that executeCi the. withil1.' I~strum€!nt, known to me :to';be 'the per5o~s who executed the wi~in Instrument. on
be~tll( oCthe Corporation therein liiuiled" and acknowledged:to me that such Corporation executed the lame.
lln ,Witness lVt)rnof."i have her~unto set my hand and affixed m;l offid.l sear the day and year in this certificale first
.hove - written.
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Notary Public in -andlJor:uii:fcoun,ty 8f.1d ,State.