Subordination Agreement 1987-249588v
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1987 MAY -6 PI-H2: 3S
I ..YEH,\ III "[ r
LE9UNI nr(:c'orliltH I 0 I Z-
NO FEE
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'RECORDING REQUESTED BY:
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TliE CIty OF POI,AY ,
miEN ,RECORDEDK~IL TO:
THE CITY OF, 'POI,AY
P.O. BOX "78'9
POI1..l..Y, CALIFORNIA
92 CJ6!.
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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, 198J '. recorded .in the Office of the County Recorder of San Diego
County i\ngll<:r, /i 'lgR~ ,FileNo. R'i-'075' 3 .' a!ld as owner and holder of the
obligations thereby secured does hereby make subject ,and subordinate the liens thereof
to the. Easement granted by
Green Va11ev Ridge Estates, Inc.
to THE CITY OF POHAY. it being' understood and agreed that. f"reclosure of said Deed of
Tt"st shali nbt affect, defeat or ,rehd'er invalid any rights under and bX virtu,e of
'said ease:r,ent, and said easement shall be paramount and guperior to the rights of
any purchaser under a foreclosure of said Deed of Trust.
'S2.id easement was
tile real property
, i:: ,:
recorded Mav 6. ,1987'
described in said Deed of
, File No.
Trust.
87-~-i9:5f'y, and
affects'
. ~.' .,. '....~ ~,.., .......-.._. .
,'1'ii,i' undersigned Beneficiary- of said Deed of Trust declares and acknowledges thc:t it
hf!i"-eby intentionally waives, relinquishes, and subordina~es the prioriti"es and
superiorities of the lien and charge of said Deed of Trust upon the land described
,t:1erein in favor of said easement ,and that, it understands that in reliance upon and
in, c.onsideration of this \Jaiver', relinquishment, and .subordination speci'fic monetary
aac other obligations will be entered into by Third Parties whieh would not be made
o,~ ,entE;?red into but for said ,reliance and the execution by Beneficia)'y ^ ~ >>15 waiver ~
:::::~Uishme;~~ ;~OJdi;;tion. BENEFICI~.Y: /fii~' 7
RIll No. ROBERT E. I NELSON
Exc. No.
Project:_
By:
By:
NOTE: ALL SIGNATURES }!UST BE ACIG-lO\-lLEDGED
NOTARIES: Use proper form attached
or staple appropriate
form thereto.
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S1' A TE,OF."............."...,.,. c.."...",.....
~ounty of,.. ,., ........~. .-...~.: .._~,.. :_'~ .-... .....".....
PARTNERSHIP:FORM
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,On this,... -. ....... ..day. of... .........~.,.... -~...... .A. D., 19. ..... ,before me to...... .....",.. '........,.......... .... {........... .... ...........
8 t:'lotary F\ibli'cin and for the said CountY"s!1d Sta(e~ residing lherein.duJy:commissioned and sworn, personally appeared......
-~.....-.......,;............................................:.~..-:..^.~;.;............;. known..'to me to he one' of the partners of'the par1..i1ers_hip that
executed}he, within instrument, and aCknowiedged. to me thaf such p13.rtnership,execuied the same.
1111 IDirnrss Wbrrrof, I have hereunto set my _hand. and affixed my official seal the day snd year in this certificate first
l!bove '",Titte,n.
. . . . . . . . . . . .. . . ... -" . '- . .. . . .. . . . . .. ~ . . .. . . . . . . ... . . . . . ..... . . .. . .. .................
Notary Public in and for said County and State.
GENERAL FORM
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On lh",,:d,.~~ay Of~. l~\, before me.....~~.~~~~~
~.~.~~~r:..~~~.~:e:~~~~l.~:~.~.~~,~~~.'.~:.~,~~~..~~.i~.~.'.~~.l.~~~~..~.d.~~~~.:.~~.~~~.~~.l.l.~.~.~~~~:...'.....:'.'
person-aUy kdo'Wn to me- to be the person.....:whose.name .......:~..........;...:;,~subscribcd to the within Instrument, and duly
acknowledged to me lhat..........he.....:,......l!!xe.~-~~l!!d _~he same.
1111 ,Wiimss'llibrrrof, I have hereunto set m)',hand arid affixed my offici'al $eal the day and year in this certificate first
above written.
OFFICIAL SEAL
MARY E. CLARK,
/l!OTARy'PUBLlC,~ C-AlIFORN1A
SAN DIEGO COUNTY .
My C?rI1m Expire", Ce'l 2~, 1 ~89 .
Notary public.i d r said County and State.
\'4:\. ~8.- '-\ "S." ~\...... \\. LY--..
CORPORATIONFOR~l
STATE OF.",:......."..............,............ }
,'. - - 5S
County of... ............ ............... ..... ... ..,....
I '
O{l ,thi 8..... ....... ....... .ds!, 0(; ...,.......~ ...... ;.--;";,,,;~, .A,D.. 19.. ..... before ',me....... ........................ .....:.. ............... ........
a Notary pUblic in"and fo(O'1e 5Jlid CounlY'and.:State, residing therein. duly commissioned,;and swom, personaily appeared.......
.........: ............ .... ..... ..... ....... ... .... .......~........... ....~...~....:...... ..... ..known' to ,me Lo 'be the..~..... ...... .:. ............ Pre sident
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and...... ..... ......... .~~......;.-;~... ................... ............ ....... ..... ....... ~~'.' ktloYo'l'l to me to be the................;..... ........Secretary
,of the.................................. ..... .,........... ..,................................................~.....:..........................:..........................
,the Corporation that uecuted t'he within Insl.n.iment. known to me cO be .the p~uon8 who executed the",w'jtbin ,Instrument,.on
behalf of the Corporation' ~e!ein !lamed. arid acknowledlied to me t.hal:8uch C01'?or8liori',ell:~CUled ~8,a8m~. "
JJn Witness illtJrrrotl..hav8'hereunto aet1my hand a-rid affixed my of(jcial seal the day and year:in t.hjs-~eitjric8te flr!lt
above' wril.l.en.
........h......................,....,...............~.............j.................
NOlary-'Public in 'and (or aaid County and State.
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