Subordination Agreement 1982-190403
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~' 'REGOROE'OIN' ~ ' )
OffiCIAL REGDRDS
OF SA~ DIE60COlJrHY;CA,'
"
RECORDJ;NG'RE:QUEs'rED 'BY':
, ,THE CITY OF pmvAY
1982 JUN'21 'PM' 2: 32
I 'c~~1NEfJkd't~
jvi{E1:l RECO!U5ED HArL TO:
TIiE CiTY' OFJ!OWAY
PUBI.:'lCSERVICES DEPARTMENT
P ;0. BOX 785
P01vAY, CALIFORNIA 92064
THIS SpACE FOR RECORDERS USE,NQ,F'EE
li3g 3 "70'1; Ci8
SUBORDINATION AGREEMENT
,FOR VALUERECE<JNED, the u"d'ersigned, as
October 10, 1975 , 'recorded, in ):he
County No:vember 7.. 1975 , File:Jo.
obfigat-Lon's .thereby secured dD.es hereby
to the ,Easement granted by
Beneficiary under a Deed of Trust dated
,Off-ice of the 'County, Recorder of San' Diego
7.5- 3J2081 o. ,and as :owner 'and' hclder -of the
, .-- -'
make subject ,.and subordinate the liens', thereof
Eubert H,Spurgeon and E1izabethSpurqeoii
:toccllL CITY OF P01vAY, it' being .uIlderstood and 'agreed,that foreclosure of ,said Deed of
'Frust shall, not affect, defeat 'o,r render invalid any r-i?gh'ts' .under and by virtue of
~aid, ~asement, and said" easement shall be para~oun.t_, a"9:4 _s.up~ri'or to the rights of
any ;pur:c)1ase~; unde-i.. d 'f;,)::;::.l'cs'..:~e, 0{ ~;:\id Deed 'o'f :r,ril"st,-.,
Said easement. wa~ recoraed
the real property described
Ma y 1 2, 1'982
,in said Deed of
, File No,.
Trust.
82~r40096
and affects
The und"rSigned B"neficiary of. ,sa:u, Deed, of Trust ,declares, ,aTld acknOl,ledges that ,it
,hereby intentionally waiv:~s, 'relinquishes ,and subordinates the priorities and
sup"riorities" of the lien il."d' ~har:ge ,of said ,Deed of: Trust 'upon the land described
ther'ein ,in favor of said easement', and that it understands that in reliance upona:nd
in consideration of this waiv"er.;telinquishment" -cihcf -s~bord:Lltation specific monetary'
and' other obligations will be ent"red into ,by Thira' pa:r:t:ie's 'which wO,uld not be made
or ehteredinto but for said-rei:iaIlce, and lOhe e~ecution, ,by Beneficiary of this waiver,
relinquishment, and subordination.
Dated:-'\4.n,---", '7 Iffl
rrlH No ~833b4
Exc. No. 6
ProJect.: Pi'edP.iont Park
Pa:rk
BENEFIC:IA,RY,: '
BANK' OF Ar'1ERICf, NATIONAL
TRUST & SAVINGS ASS"N.
By_~h (Lz. ' ,
,,7L.w&h~~;!k4/
, !/f
B '. #
y:
NOTE:
ALL, SIGfjATURES HlJst BE ACKNO\-ILEDGED
NOTARIES,: US,e 'prgper forin'attach"d
or 'staple appropriate
form'ther"t".
NO c'HARGE ON THIS DOCm\ENT
FOR'THE BENEFIT OF
C/ly &.1
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POtV'cly
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1589
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STATE OF..
County of...
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PARTNERSHIP FORM
On this.:...... ..... ..day of......................... ..A.D., 19...... ,befure me,............................................. ......................
a Notary Public in and for the said County and State. residing therein, duly commissioned and sworn, personally appeared......
.......................................... .................................,....... known to me t.o be one of the partners of the partnership that
executed the within instrument. and acknowledged to me that such partnership executed the same.
lhl Witnrss ll)1Jrrrof, I have hereunto set my hand and affixed my official seal the day and year in this certificate first
above written.
...........................................................
Not.ary Public in and for said Count.y and Stale.
GENERAL FORM
STATE OF.........,
County of.......
} 5S
On this.... .............. day of..............................A.D., 19......, before Ine,......... ..................................................
a Notary Public in and for the said County and State, residing therein, duly commissioned and sworn, personally appeared......
............................... ............. ............,........................
..................................... ......................
personally kno\Vll to me to be the person......whose name ............................subscrihed to the wit-hin Instrument, and duly
acknowlerlged to me that...........he..........execut.ed the same.
1111 ll>itnrss Wt)rrrof, I have hereunto set. my hand and affixed my official seal the day and year in this celtificate first
above written.
............................................................,......
Notary Public in and for said County and State.
CORPORATION FORM
STATE OF,..,.........~,,~~~C>F.l1~a...,..,.,. }
County of.........San..DiegQ:............... ss
On this.. ....... ?t:h. ... .day of........ JJJn~.. ..... ...... .A.D., 19.. .82, before lIle,....... ... .the.. undeL'signed....... ....... .......
R Notary Public in and for the said County and Stat~, residing therein, duly commissioned and sworn, personally appeared.......
. ,. .E,l,i,s,a.~,c,I,':', ,.C.,?i.t()..~, .~..~..~, :~,..~ ..*., ,*., ,*., ,*.. .*.. .*..,*..*... *.. .*.,known to me to be tbe, Financ:iaL $,e.r:v.ke8dMficer
********** *****
and... ......... .......... ................. ................ .............................. ..... kno\'lll to me to be the....................... ..'.'" Secretary
of the",.... ,1l"Il~" C>~, .~"F.i,c.a .t:rr" .&,. ,S/\.., C::"l>:rg~(), yg~~g,e.. .B,r.a,nl,I1.,*,. ~..~.. ~., ~,. *." *., .*" ,,:,. .*. . ,*.",."......",
the Corporation that executed the within instrument, known to me to be the persons who executed the within Instrument, on
behalf of the Corporation therein named, and acknowledged to me that such Corporation executed the same.
]11 Witnrs's Whrrrof, I have hereunto set my hand and affixed my official seal the day und year in this certificate. first
alxlve written.
I
,
'I.VO"'~
OFFICIAL SEAL
JACKIE WHITE
NOTARY PUBLIC - CAl1FORflJIA
SAN DIEGO COUNTY
My comm. expires NOV 12, 1982
u:U~.........,..,...........,...,
~ Nota,y Public in andfN said County and State.