Subordination Agreement 1986-276415
;,~
" ;....; , . . ;~
~-"'. ,~ .
..~ ~ 1773
"'-;JO ... .8 t3 - ~ 'i' 6 q 15
~ n1:CO'mF[1'Ii~ -"-'j
REC.bRilING~QU}:;S:rEDBY.: Of'FI(1 ". "'"c'""---- j
, .,. }~'-_, ''- 1..,.[ ft_
or's~u 0lS80 GUWiI r:t;.\;
THE CITY O~ POWAY 1986 JUt -3 titlll:lf5
WlIEN:RECORDEDMAIL TO: 'LstERA L.LYLE;Lj
, " ~OUNTY RECORDER , I
THE CITY OF PowAy ..;:, ;/\'
';'..-... I
P.O. BOX
, ROtJAY, CALIFORNIA NO' ,FEE i
I
92064 THIS SPACE FOR RECORDERS I I
SUBORDINATION AGREEMENT
-- --FOR vliLUE ,RECEIVED, the ,undersTgne"d, ~s Beneficiary under a Deed of Trust dated
January S, 1 gS:l , " Te~ordediii' th,eQffi~~ ,of: the County Recorde:r :of S,'W ~iego ,
County: J,anua1'V 1.2,. 1 9R1" File:No.S,1-n1 nnnn i andas"owner 'and holder' ,of the
obligations ther'eby secured does' hereby' make SUDj ect and subordinate the liens thereof
to t~e. Easement granted by N ~ r. k A: K'II" Ji ,=-. .
to TliE'CITY OF POI,AY, it, 'being'ull,{erstood and agreed that' fOT;>closure of said ,Deed of
Trust 'shall not affect, defeat 01' render invalid any rights :under and by virtue of
sa-id eas1ement, a'nd s_aid. easement shall .be paramount and ?uperior' to the rights of
--';any purchaser'-' undei:-a rurec.:.iosure-'of said Dced:-'of.-T:~ust~~" ;25795'6 - - -
June 25, 1986 257957
Siide.a'sen:t~n~: '".,as recorded , File No. 25795S ' and affects
the 'real property described in said D'eed of Trust.
The ,undersigned Beneficiary of said Deed of Trust declares and acknowledges that it
hereby intentionally waives, Telinquishes',and subordinates the priorities and
superiorities of the lien and charge'of said Deed of Ttus!> upon the land described
therein in favor of said eas'ement, 'and that it understands that in reliance upon and
in consideration of this waiver, relinquishment, and subordination specific monetary
and other obligations will be entered into by Third Parties which would not be made
or entered into but for saId' r,eli~n.<;:.~ and the exectitioh. by B.eneficiary' of this waiver,
rerinqu.ishme~t;: and stibor'dir.~:tiqn'; - -. --- -
~Iiated':' . ~t:~EFI<::tARY: Warren W. Hamilton,
R/\J No; a 'e/i'ngle man
Exc. No. ~ <<'~~,~"
Project: ....
By:,
IIIRrrF!n Iii _ ., HR mil t n n'
By:,
NOTE: ALL ,SIGNATURES MUST BE! ACKNOWLEDGED
NOTARIES: Use proper form ,attached
,or staple appropriate'
form thereto.
'--
.' .
.
; '.}.? .....
; ~ " ; jU, ~ ~ : . ' . '.' ... ~ '\"
-"I. '..
GEN.ERALJ\.CKNOWLEDGMENT, '" 17'74
,~'iY~,.2'~=-'~""'.,B"'" ;,;;:~~.~c.~<O".r""2.c=-"":B"6'''''''''282-'~=2'':t'~&'6''''',",,~3'~a-~~
~ I .... l'
:\ ~,t"te"of C'AU'FORNIA } On this the.;18r"dayof ",,"clt 198'-, before me, (:j
\ '
", 55, \~
) SAN Dr-EGO ,N' R /It", >cl<l ,v
1 County of, ~~;
',' the undersigned Notary Public, personally'appeared (~
1 ~
" i
~ WARREN W. ~AMILTDN ~
~ ~
i,l 0 personally known to me ,
i ~ O'""OAL 'KH D ,,,..,,, m, ,".., ,,,,,,, ""''''''." ""'"". ij
,~. Il>" N N R MUTCH to be the person(s) whose name(s) l S subscnbed'to the if!
.':, .~..... OTARY PUBliC - CALIFORNIA . .. _ . he - . ,"
J " " SAN DIEGO COUNTY within Instrument, and ackn~wled~ed that executed It. 6J
:J ,My "'mm. ,xplreoJAN ~a, 1887 WITNESS my hand and off,clal seal. ffi
\ '~
j :,'
"',
': Notary's Signature "~
.~ ~
i ' ,
.:?Z3'28C...-a26~~~~~~~~~~~~~~~~~...2~~
I,
PAR;TNERS/ilIP ACKNOWI.!EDGMENT
,~~~~~~~=~'~~~??~~~~~~~~~ ~~~,~~~~-~~~~~;~~--~~ __~~__~~~.r~, ---~~oo~~= O~~??'l~
~)
'.\ State'of } 55, On this the _ day of 19_, before me, ~
"
, . ~
" County of
'.'/
" the undersigned Notary Public, personally appeared :~
",
" "{
:, " - ~
-~
,
- j~ - -- , --
'( D personally known t;" me - - ;~-
, o proved to me on the basis of satisfactory evidence ~3
to be 1he person(s) who execu1ed 1he wi1hin instrument on behalf of the ~
partnership, and acknowledged to'me that the partnership executed it. ,\
", WITN ESS my hand and official seal.
"
j
Notary's Signature
-"'~~"X~...e:<=:',~~~~e'83."-?2:~~~~;:;>:;::;>--~~~';"'''';''''2"-?~~..d"~~~~~
, _u ------
CORPORATE ACKNOWLEDGMENT
.~.22;.:?~~~....__,.;.;...,;.-?~~;;;r~,;>?~~,:"-":,=-~~-=,,,:~"':'""':"---~---,,:,-2?~";'2~- -?;;r~ ":'" ;'~~JJ~~
'State of } 55, On Ihis,1he _ day ot 19_, before me, ~
~
County of ~
,~
the undersigned Notary Public, personally appeared .~':
I:'
.'
~
o personally known to me \~:
o proved to me on the,basis of satisfactory evidence ~~
.'
to be the person(s) who executed the within instrument as '1
,\
,
or on behalf of the corporation therein "
,~
named, and acknowledged tome that the corporation executed it. ~
,\
WITN ESS my hand and official seal. '"
','
"
.~
"
"
,
Notary's Signature "
"
"P'-.-- . - - . _ _ '. _ ."_ ..." . _ "', <_ _._ . _ __"'_-.--.-':- -'_'...._,,-..-.,....~,,-'.J._..-;-.-'....--'-'.;.-'-'_-'_......_-'-'_.-'.-'.-',....-'.-'._..-'._.....,__.,...,.,.__.-'_-'...,-'.--'.-'.-'.,J.'"'=.-'.-'.-:,-:;~~<..i;