Subordination Agreement 1990-0624234
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100
DOC': f99'0-,062'4234
20-fiOV-1990 09:25 AM
SAN,OIEGO CdUHT~ RECOROER'S OFFICE
VERA t. LYLE, COUNTY RECOROER
< . FEES: 0.00
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RECORDING REQUESTED BY:
'THE C11Y .OF POliAY
WREN REC.QRDED MAIL TO:
THE CITY OF POWAY
P,O. BOX....
P01,AY, :CALIFORNIA
92064
THIS SPACE FOR RECORDERS USE
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SUBORDINATION AGREEMENT
FOR VALUj'; ll-E,CEIVED, the underslgnecl, .as', :B~ne<ficiary under a Deed of ,Trust dated
December 17, 1987 ,recorded in the Office of the County. Recorder of San Diego
County .December24, 1987 . File No. 87-707433 , a,ndas ,owner arid holde"!: of the.
,obligations, t1ereby secured do.es..he"ebym;>ke subj'ect~Iids!,bo"di!,ate, th!, liens. thereof
to the Easement granted by 'ThEodore' R. FltZpatrlck ahd Jan L; FltZpatrlCk. Husband
ap.q',Wife',
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to THE' ,CIT'{ OF POWAY, it 'being' u~nd-ers.t.ood and agreed ',that fqreci~sure Of said Deed'
Tr.u's't, shall not. a-f"fect'7 derea-t, or-r'e.ri~?r""'i.ri'val.id.-.any.:...crj:ghts_ijnder_and_by_virtueof
said easement, an"d ,said easement shal~ be paramou~t, and superior to the righ~s of
any ,purchaser ,under a foreclosure of- said Deed of Tru_st.
of
Said e'asem:e_nt was recorded II -dO -'1,J"
the ,real property described in said Deed of
, FileNo.qD-/,?,;l.'-/~33
Trust.
, and affects'
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I The undersigned Beneficiary of sa,iij'- Deed o'f Trust declares' and acknowledges that it
'he.reby inte~[ionatly \.:aives, reli~qulshes, 3-q.d s"~bo~dinates the prior;i:tie.s and
super10rities of th'elien and charge, of said 'Deed o~ Trust upon the land described
therein in favor o'f said "eas_em-~l)t, and that it ondeis"t"ands~hat, in re:liance upon arid
i,n~ "considerat'ion or this waiver", relinquishment, and ,subo'r.,}.ination speci-fic monet'ar,y
an,<l.other obligations ,will be' ,entered int'o by Third Parti'es which would not be' mad'e
~~':_;.L~~;;..e_nr;.e.3~~~~~_I}.f<?:buF: fo~, sa-id, ,r~li;anc~" a,p..9< t~~~ e1<ecution by Beneficiary of th~~ waiverc'
''ifeTiriquis)lment'f 'a-ri'd"-subordinat'i'on.' PRIMER IT- 8ANK:" FEDERAL':SAV,INGS
.,BANK fka ' '
BENEFICIARY: Nevada Savings and Loan
Dated:
Jun" 12, 199n
Association
RI I,N 0..
Exc.No.
Project:
BY::
~:(JTE: '~L SIG:-IATURES'MUST BE ACKNOWLEDGED,
,N.oIARJ:ES: Use' j,rpper ,form attached
iir' stapl'e appropriate
form "there"to. -< --"'--
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STATE OF NEVADA
County of
Cl"rk
I,
On tllis
3rd
(lef:!onllllY'lIppeilred before me
County of
qa,rk
& SUSAN E. WOLF
~' ., Notary Public - Nev3.da
'. Clark County
,Ie My appL expo Sep. 27, 1993
F _
(lENERAI,
REVIEW-r;;S_l Z
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1171
August
Susal1E. W()Jf
JacquelineAshleyand Linda Suarez
___ ___ _ _ clay of
.-\. n. 0111' thou:!llnd nine hundred and _
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ni nej;y
..., 1\ Notary Publk In /lnd for llald
Known IOf IIfond) to me tn he Ihe flf'rson S d('sl'rlhed In and whn eX"l'ull'd the IInne\ed Instrument, who
>lcknowlcdlt"el1 to lilt' Ihlll .theY c:l.e('llI!;'d the sanw, freci}' /lod \'(lluntarlly, and for tla, ust's and [lUr[IOSl\~
tllereln mentloued.
lilt' COllnt~' n[
1:\ WIT~ES~ WH~;nt;IIF. I hal'{' hereunto St'! my hanll Ilnd afflxl't1 my O((kllll Seal at my "ffl('c III
Clark
amI Yl'llr In lhlll C'ertlfkah'
flr:!t ahove written
"'J~#Cl~rk.ZJ;ijU"'..
the Count}' 'If ..... ....: "'.. ...
Xutllf)' I'uhlk III and rill
M.I ('()mn)l".~lrlfi expJr('"
September 27-.. ,1993"
..... __. S,tate or Nel"a{!ll.