Subordination Agreement 1982-190404
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,RECORD:J'NG REQUtS"'l;ED BY:
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I 'RECOR02r:HN '~' ,
OfFICIAL HECOROS
Of'SAN Q!E~O'COJJHTY.CA,
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, THE CITY' OF, ,POl,AY
1982JUN 2'1 PM' 2=32,
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'\,'HEN ,R~~9RDED: MAIL TO:
THEiCITY OF PQ\,AY
PUBhIC SERVICES DEPARTMENT
E. 0 . 'BOX 785
POWAY, CALIFORNIA 92064
THIS SPACE ,FOR RECORDERSUSt<<)'FEE'
/ot:HOS-..,o8
SUBORDINATION Ar.J<cEEMENT
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FOR VALUE RECEIVED, the undersigned, as Beneficiar;y under a j)eed"of Trust dated
October 10, 1975 , ;:,:record.ed i,n the Office of the County Recorder of San' Diego
County November 7, 1915,' .' 'F.H,e':<No. l5,~312081 , 'and as owner a!"i!!lDld'er of che
obli'gations thereby secured ,do",s hereby make subject 'and subordinate the Hens thereof
to the Easement granted 1:ly >Rbnalld Siiurqe'on, Eubert H. Spurqeon, E1 i zabeth 'Spurqeon, ,
Robert Bornho Hz, Jeanni~, BoriihbHz, Lawson Spu rqeon', ,and DoraSourqeon
to THE CI':rY OF POl,AY" it be:Lng understood and agreed, ,that forec1osur.e of sdc. Deed of
Tru1't"sh,3:l1 not affect, defeat or 'render invalid any rights ,under and by virtue of
r-.-,:;;~a.id '::<::':::CI:l2Y'.t, E'},rl ~?;d ea.semeTlt shall be pararnoun~ and superior to the rights of
( , any purchaser under, a foreclosure of said Deed of J:!U~C.
Said easement was recorded. t~ay, 3, 1982 , File No'. 82-126923 , and affects
the real property described in 'said Deed of Trust.
The undersigned Benefici'ary of said D",ed, of Trust ,declares, and acknm,ledges that it
!1~~reby i~tent'iona;l~y wai'ves,,:redfnquihnes,. and stibq~,4!:f!:a_t,~s the priorit~es; ,and
s'ul'er:Lor;Lties, of the lien and charge of said Deed of Trust, upon the land desc'ribed
,ther,eininfavor 6f s'a:Ld, e",sement, and that itunder'stands ,that in reliance upon and
'.in conside'rat'ion of 'this ''t;jaivet, r.eii~qu'ishment, and, subordInation specific ,monetaJ:"Y
and 'other obligations ,wi'll ,be ,entered' into by Third~!,rt.ies which would not be inade
or entered into' put, f-or, said:, ',reliance and the exec\it.ion -by 'Beneficiary of this waiver,
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rel1.nqU~i~hment, and subordination.
Dated: I ,1 /1;1/ .
R1\' No; ,1083305 ' "
Exc. No. 5
Pro'j,ect: Piedmont Park',
Powav
BENEFICIARY:
BANK OF Ar~ERIc'A. NJ\,TIONAL
fRUST ,& SAVINGS ASS'N.
By,A7 ~ ,
\f...w<u&LIl ~
:~d'
BY:
NOTE: ALL SIGNATURES MUST BE ACKNOHLEDGED
NOTARIES: Use proper fO,rm"attached
or ,sta-ple aEptop'ria~e'
forni' the,reto. __ _~_ -J
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NO CHARGE ON THIS DOCUMENT
FOf THE BENEFIT OF
:C/ly
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STATE OF,
County of..
....;.....
}..'S
PARTNERSHIP FORM
On this........ ....., .da.v oL..,..... ...."... '".... ..A. D., 19..... .,before me,.,......... ...................... ..... n. ,."..............
a Notary Public in and for the said County 'and State, residing therein, duly commissioned and sworn, personally appeared......
...............................................................
.. kno\.'>'ll 10 me tu be one of the pariners of the partnership that
executed the within instrument, and acknowledgerl to mo that such partnership executed the same.
llll ,Witnrss lllfJrrrof.l have hereunt.o set my hand and aft'ixed my official seal the day and year in t.his certifieate first
above written.
............ ........................................
Notary Public in and tor "air! County and State.
GENERAL FORM
STATE OF....,......".
County of.........
.,.." } ss
......
On this... ................dny of.... ...................... ...I\.D. In......, before nJ(~,...... ................................... ............
a Not.ary Public in and for t.he said County"and 'State. residing th~rein, duly comrn!ssion~.d and sworn. personally appeared.....
........................... .......................................................
personally knovm to me 10
acknowledged to me that...
1/11 UJitnrs5 lllbrrrof. I
be the person... . .whose name...
..... .he...... .. ,executed the samC'.
have hereunto set. -my hand Clod affixl.d my offJci[ll seal the day and year in this certificate first
............suhscribcd t.o the within Instrument, and duly
ahove written.
............................................. ............................
Not.ary Public in and fOf snid County and State.
CORPORATION FORM
STATE OF.. ,....C,a;1'.i{o,r,n,i,a l >s
County of. ....San..D:ieg.o................ (
On this....?~.~.......... .day of... ......... .!.1.-1:~~........ ..A.D.. Hl.~?, before me,........... ~h~. .~nc;i.~.+.~.~,g".e.Q.....................
'E~3..ta~laubI~ iT) and*or-A!hwswd*Co~\\ cwd~tate, residing t.herein, duly commissioned and sworn, personally appeared........
.......~.. ..*~*..~~;~*. .~..~. 'i!f"*",*, ..*.. W" .... ..~..~..~.. ~..~ ..~..~...~.known to'me to be t.he~~~?:~~.~.~.~..~~!~~~AAi~ticer
* * * * *
and......... ......................... .'.... ................................................... kno'l'r'Il to me tu be the............"................ Secretary
of the"",.".". ,J.l,a.I),~,.9{, !\!!1~);',:\-~;\, .m:,.!!. ,~A",. (;abxJ.llo" V;illage" Branch",.,.,.",..,.,.,.."."". -.".,."""",.".",
the Corporation that executed t.he within Instrument, known to me to be the persons who execut.ed the within InSltrument, on
beh~lf of the Corporation therein named, and acknowledged to me that such Corporation executed the same.
Jill U'itnrs5 U)fJrrrof, I have hereunt.o set my hand and affixed my official seal the day and year in this certificate first
above written.
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OFFICIAL, ,i.. Cf!;a / - hl/,--?
NOTAR;~~~~'~ WcH}~ioRNIA ~'I _".~-c.:.' ....;JiUL~./.]!....UJJ ,_ - .,
SAN DIEGO COUNTY ~ tary Public m and for said County and State.
My corom. ~xpires Nav 12, 1982