Subordination Agreement 1991-0158422
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'~, .' , DOC': 1991-0158422 I
09-APR-1991 08'15 AM I
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, . 21 81 SAM DIEGO COUHTY RECOROER'S OfFICE 1
RECORDiNG REQUESTED BY: .', ANHEUE'EVAHS, COUNTY RECORDER ;
, FEES' 0.00 ,
TilE CitY OFPOI:IAX (' ,
wHEN RECORDED HAIL TO:
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THE C'rTY OF POI:IAY [ . '
P.O. BOX""
POIJN(, CALifORNIA (1\
92064 THIS SPACE FOR RECORDERS USE '\.,
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SUBORDINATION AGREEMENT f)\
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FOR VALUE 'RECEIVED, the und'ers'i'gl,,!,I',as Ben'efici:ar)' 'under'~, Deed of Trust dat.ed' . -, eft' -
,July 10;,1989 '-'--;'_' ,;record<;d il},..the Office of the ,cou~ty Recorder of, San Diego c\\
County July 18. 1:989: .: l':H!'\lo:, '8'l-::\18rnO* . ana, as-owner and l\u'~deE o( the '\
obl,igatipnsthereby secured"d,o'e;; her"by 1)1al<"- 'subj,ect~and subor'dinate;tne:, i~,~ns thereof
to 'the Easement granted by, 'l'heodore R. F1.tZoatr1ck and Jan L. F1.tzpatnck. llus&'lnd
and Wife. .
* The benefical interestlihdEir Said deed of 'trust was assiqnecJ to l'merican Financial
,Codioratig,tt of 1'anip,~ hv">;>;;gnmP,,i-rp("()rrl.;n, JlllgI ,,,j- 7": 'l!q~q "" P'i 1 p Nn ,89-458462 a/I"
to TilE CitY OF POI:IAY. ,it 'bei'rig':U'.l~ers):ood ,and' agreed, :thiit,foreciOsure of said De~~ of
Trust shaH not affect, defeat, OI:. rerider,i.Ilvalid any'rights under and by vinJe of
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:.s<;1i9. e~ls_el}lent) '3I1:d said easement shall"be parail?9~Q.~ an.d. :Sll:periot' to the ri~hts"' of
any purchaser under a foreclDsure Df said Deed of Tiust'.
Said easement was recorded 11~,;):o-'lo File: No. q;D~Io;;':'-ld.33 and affects'
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the real property desci~bed in' sa~d Deed of Trust.
'The undersigned Benefic1ary of sa'id, Deed of Trust de"l'!."es andacknowledees that it
hereby' intcnt:lonal'ly \.la'iyes", rel~ioquishes, 'and subordin-at'.est~~ 'p~iori'i:ie5 and
superiorities of the lien, 'and charge of said Deed of Trust upDn the land described
';-therein in favor of said ,easeri1ent, ,'arid that_ ,it on_d~rstands 't"hat in rclianc"c upon and
.J ':t.)n~ cons"ider~'t~on" of ,this'waiver" relihquishme(l.t. ,arid S'..(~)9~dlnac"ion specific monetary
,0 . and Dthe", ohligationsi will 'be e.titered1:ntDby Thiro ~artie..s, which would not be made
,,,-' ~ -rir:encere"d in'(~ p_u_;; 'rot:, .:i~{d ;eiiaucc and --the excc~t'iori liy! iRe-'!cficlary of ,chis waiv.cr;)
" "relinq"!lish~c_nt_, ~~_d' "~ubo_r;d"inat-ion.,
Dated":' June' 13', 1990 Bl::l,ISFICIARy;Americah FinanCial
Rill No.. Corporation of "'l'ampa
:Ex!:. No..
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Project: By;,.I0/AO'j,(/~~~
~ Vi~~. Pr~si~~nt
. " ,By: ~~;., d. 'Aa41e
NOTE:" ALL SIGNATURES, MUST" ,BE ,ACKNOIlLEDCED Assi tant Secretaiy
,,' 'NOTARIES: Useiproper form attached
or staple apprDpriate
fDrm ther,eto.
N,h.ri Mlic. Sl,!e of Rorid.
My Comr.li~,:iOi]Expire~ Jan. V,. 19<9"
a"ni.l~d lhr" 1/0:.- f~lll' [!1f;<;liIUCO h,e.
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STATE OF drJ..vfo6l"MrJ FLORIDA J 2182 \
lss.
COUNTY OF Hil1~'h()rnll~h J i
w June 13, 1990
"' On . before me, the undersigned, a Notary Public in and fOf
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C ' said State, personally appeared_M-:i:-e-l1-a~mp.l'" and
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~ PhylliS A. Blair , personally known to me (or proved to me on the
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" ~ basis of satisfactory evidence) to be the persons ~ho executed the within instrument as
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" c, '7; C'e President ann tl.ssis-t-ant Secretary, on behalf of
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,.a 0 American Financial CorporatiID;1 of Tampa
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';U 0 the corporation therein named, and acknowledged to me that
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" 0 such corporation executed the within instrument pursuant to its
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I I by-laws or a resolution of its board of directors.
N WITNESS my hand and official seal.
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0 Signature (This area for official notarial seal)
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