Subordination Agreement 1991-0204578
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'", .1:" '-: .' . BOO .= 1991 ~OZ04.JI8- '
......' ~. , , "O-':;'~"'A, Y-1991 08:26 AM
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, , ,"' " 663sflN O]E6O WUNTY RE(QRDER'~9F[~n
RECORDINC, REQUESTED ny:, , , ' ANNETTE EiJAMS,. COUNTY REtOr;OI:.R
" '" , 'FEES' 0.00
TilE GHY'O'F, PO;,AY',
j.iHt~~:REtORDED }!AI,L 'TO:
THE: CIwot PO~,'AY:
P.O. EOX'YS9
PO:;Ay O,\LI ?6?~HA
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92064TH1s SPACE FOR RECO:::.DERS USE
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SU30:::.DI:lATION AGREDlE!lT ( F
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~ 'Fg.~ _,v~.L~,,~, ~C!=I\7:~)L. the, u .nd'~~s~-gned" as Ee"n ~f.iciar:y" Un,de, r" a D~'e.d. o.~ IrU,St, date.~ _ ~}
Mav 31. .1990, , recO'tced in theOff:Lce,of t:he County Recoraer..of San D:Lego I',
~ 60un't1' June 1'4, 1:990 " ,F,ite No. 90-~22259 ; ,arid as oe.-ner and holder of the
b,bligati:ons thereb)' 'secured ,,:do,es ,hereby ",ake subj:ect, alldsub.o;:din.3,J:e t,tJeH:ens ther:eof,
to :the E2seroel}t grauted by Charles L. McLaUChlan and Rlley J. lvey
t:'o' THE CITY OF PO\<"\Y" it being iun'derst:ood and agreed' that foreclosure of said Deed of
Trust:' shall nqt affect, defeat or render invalid any rigl1t:sunder and by virtue of
sa~d easement:" and said 'easer:o'ent:: shall be para::Jount 'and superior to the right:s of ,I
,ar:)' purcnaserunder a foreclosure aT said Deed of Trust,. "I
~ Saidease",ent was recor,ded MA'{ ~i,("i'1( ,File lio.\'i'll-O;l,u'-\S11' , and affects .,
\~' f 'the -real property des'ciibed in is_a,id Deed or. Tr-USC',6
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; The unde"Signed, Beneficiary of said'Deed of T"ust decl'ares' :2nd 'ac':;1O'.:ledges that it
hereby ,inten'ticnallYI.:aiv2S'" -relinquishes. and subo"dina tes ihe p"iori tias and
super:iorit'ies, of the lien aricicharge of said Deed6f Trust upon the landde'scribed
.t:liereinin f,avor of ,said eas,e:::en't, and iliat it. understands ,that ,in reliance upon and
in: cciisid"er.:ition of this waiver, relinquisf,_-::ent, and sUbo,rdi,filtion specificI:loneta ry
,'an'd other obliga'tions :.Jill be entered 'into by Third Pat'ti'<es "ohich:.Jould not be made
or en'ceredi:1to but fo'r sa'id:"el,iance and the, e>:ecCiti'o,n :,y 3eneficiary or this I.'aiver,
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e~l~qu~s :::en:::, .J.n. suooral:-:'<lc::"0~.;
D d'.. J'l 2' '4' 1990' , , Riley J. Lively
ate ::'.. . U' 'Y... ,'" ;:':7'..";:"'':' I C,I::.-:-,....... ~ .
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"Rtl :;0. Onie O. Lively
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:;OL\.'U::S: Use proper fo[C! ~tt:lched
at ~t~ple 3ppropri3tc
for01 thereto.
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GE:\ER,~L FORIJ 664
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STATE: OF, ..,t;,aJ)o!~~n1~,a......,....,...... } ss .
County of... .Si3-n._Di~gQ""'h"""""'",
On this ..,.. ,~,4.th..., ,.,day of.., ..,J.uly,............... ,A,D,. 19,90,. before me, ..,!lg,Uy' ..k". ,~g,t~!':};.... ........,.,........, ....,
a Not:u-y Public in and lor the said County a.,d Slate. residin~ therein, duly commissioned and sworn, personolly 'appeared..,..,
" .,....,..:"", ..l)..P~Y...1.: ..,J;,.:!-.'{,~;I,y., ..?o'!,c:I, ..Q!),~~,. Q:., ,~J.Yg.:\.y'"..,." '."", ,.. ,."..,.."""" ,...."""",..,.,..:".." ..."....,..,.,....,
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-.~:.~( pe"onally known lo me to be L,e person......whose nome .....'.........,............subsc:ibcd to the with,n Instrument, and duly
acknowled.ged to r.ie that..........he..........executed the same.
'$>-.. '::ll illilnfSS WllfrfO!.1 have heeeun", set my ho.,d and a';ixed ,,",y orncial, seal L'e day ond Ye", in this ce"ificate 'Irst
-, at.o....e wri {ten.
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OFFICIAL SF.n ,..,""',..g;~...,L"~~",..,.,""',..,,..,'
B'ffiY 1 SEitER, i\ ~'ol.arY~b]ic in a."d for saId County a'ld State.
NOTARY PUBLIC - CAU~ORNIA /(,
'\ SAN DIEGO COUNT'I j(
'My comm, expires JUN I, 199~
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