Subordination Agreement 1986-242404
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REGORDING REQUESTED BY:
,CHICA(>O tiTLE INS. C0,','
.fEME ,CI'f'~' 0f pgu.\'!
~RECORDED 'Nfil'
OFFICIAL' RECORDS
_ OF'SAN [)IEGO GOUNTY, CA. .
1986JUN 17 AM8:00
L VERA,G LYLE~ I
COUNTYRECORDER..-J
,WHEN iRE90RD$DM1IL TO:
THE' :CITY OF'POWAY
P.O. BOX
POWAY; CALIFORNIA
SiLj~~\ 92064
NO FE'f
----'---.
THIS. SPACE FOR RECORDERS ,USE.,
-suBoitilINATHJN AGREEMENT'
FOR'VALUE RECEIVED, the
F"e'b'ruary 18, 1"981
. - - - -- - - - .- - ,
'Cciunty'Mar'ch.,9:" 1:,98'1
obl'i,~atioris thete,byse<urecl
.tothe Easement granted' by
unde'isigried', as Berieficiaryunejer :,a ,D"ed of Trust dated
:,recorded: :inthe Office of' 'the Courit;iRe.corder .():f S~n Diego
,.File 'No.. 8.1 -:070402, , arid.:cis, .owner an,d. holder of the,
does' ]!1:ereby' make subject and :subordinate .tne liens thereof
Ge'rbp;:':t' L: Hllghf's
:to THE CITY. OF POWAY, 'it; 'be:En:g :;'n.der~tood, ,and agreed .that ,foreclosure of said Dee~ of
Trust 'shall ;not affect, defeat' :or, :c"nderinvalidany rights 'under and by virtue of
said easement" and said easeIlleiit sKall. b,e paramount, and, :~uperior to the rights of
,any purchaser under a ,foreclosure of said Deed of Trust,.
Said easement was rec()rd!,:d, JUNE ,16'.,~986
the real property des'cribed, in ,said Deed of
File 'ND~6,,2414'49
, ,
Trust.
, and affects
'The undersigned Beneficiary of .said beedof Trust declides and acknowledges that it
ilt;~t"eby: ~iitt.erit;ion:al1y waives, ~r~}..:tnquisftes, and subordinates the p~-iorities and
s'iiper'iorifies of the lien an:d' charge, of' said Deed of Trust upon the land described
'~hereiu! du- favor of sa'id easern.ent" iiild: .:that it un4er:Bta~(ts. _fhat in reliance upon, and
in consideration of. this wa.i':.er, re~l'inquishment, ?-nd ;~$i.1J:ibj;d~n~~ioD: E.ipec-i.fic monetary
an.d ,other, obligations wilL be entered, ,into ,by Third Parties 'which ''''ouid. pot be made
o~ entered into but for sald "re~lance and the execution" by Beneficiary of this waiver,
re)~~nq u1.}:>hm8:p; 1;, .~I:td subordination ".
'BE~EF,ICIARY :
It[a#,e9.W. }{'amiltoCl
a,s ingTel.;man
Da te,d,:
R!H' No.
Exc. No.
Bro~'ec t.,:
By:
{!f:~,J~;~~
Wa)"reCl ,W; H m'~ ft,
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By:
NOTE:, AiL SIGNATUR,ES MlJ,St BE ACKNOWLEDGED
NOTARIES:': Use, pro'per. form. attached
or .staple appropriate
form ,thereto.
GENERA-L ACJ<NOWLED:GMENT , , 'J ~4J8 F"'l
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d "'St;,tEioi California. } Onthisthe~dayol O-,,ar I L 19 /J1.,beforeme, ~:'
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,;; the undersigned Notary Public; p,ers()n~lIyapp,eared f:1
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\ Warren W. Hamilton
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},J 0 personally known to me C"'1
\ ", nTOved to me on the:basiso(satisfactory evidence
'.'1 ;::~~' the person(s, rW,hosename,(s).' / .2> subscribedlothe:iJ
~ ..o.. OFFICiAL SEAL . I ;~
/,. -- " 10 SEIBERT within instrument, and'acknowledge,d that :I- ~ executed'it: ~
: NOTARY PUBU'C. CALIFORNIA ~
j ,I SAN DIEGO COUNTY WITNESS my hand- ndofficial s aI., !~i
:j~ 4,,;.'j;'~ M) Comm'E~p;fe$Oc' 'i8;;19S8 :~
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~: "Notary'S Signal r , ' ~j
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PARTNERSHIP ACKNOWLEDGMENT
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On thisthe _ day of 19_, befcireme,ffi
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o personally known to me ~
[] proved to me on the basisof.sati~factory evidence ,~
to be the person(s) who executed the within'instrumenl.on behalf of the ~
:;, , partnership, and acknowledged.to'methat the partnership executed it. ~.
-':' WITNESS my hand and official seal, ~J~
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Notary's Signature '
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State of
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County of
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the undersigned NotarYPlJblic,:personally appeared
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<;:ORPORATE .ACKNOWLEDGMENT
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, 'State of } Onthisthe_day:of 19~"beforeme, ~
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County of ~
the~un,dersignedJ'Jotary PlJ~lic,personally appeared,\'
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o personally known to'me
o proved to'meonthe basis 01 sat,isfacl.ory' evi'dence
to be the person(s)who executed the withinlnstrument'as
or on behalf'of the corporation therein
named, and acknowledged to me that the corporation executed it.
,WITNESS my hand andolficial seal,
Nolary'sSignaluie
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