Subordination Agreement 1982-116612
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'.-116612
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OFF,ICII\L F:ECOFlOS
OF ql,' 01",'" C""'ITY.('AI
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~EcbRD!Nq REOUESTED., ' '
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l1RElNSURANCEAND TRUST
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RECORDING REQUESTED BY:
THE 'CITY OFPOWAY
ISBl nPR 23 PH 2: 24
WHEN RECORDED MAIL TO:
THE CITY OF POWAY
,DEPARTMENT OF PUBLIC SERVICES
7f5
P.O. BOX,~
POWAY" ,CALIFORNIA 92064
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THIS SPACE FOR RECORDERS USE
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SUBORDINATION AGREEMENT
}'OR VALUE RECEIVED, the undersigned, as, ,Beneficiary undH' :a ,Dc"" of Trl.'st ""ted
.June, 24'; 1974 , recorded' in the Office of "the County Recorder of San: Diego
County, July 12. 1974 ,File No. 74-1 RfiR11 , and as owner and holder, of the
obligations thereby secured does h..reby make subj'"ct and..'subordinate the liens thereof
te, the Easement granted by Wa Her O. '.Rock and Dorothy, M. Rock
to THE CITY OF' POWAY, it being 'underst'ood ,and agreed ,that, foreclosure of said Deed of
Trust shall not affect, defeat or render invalid any rights under arid by virtue of
s_aid ea-semeht, and., sald ~aSE::l'!le{lt. bllall b~ po.:::-amcunt aIJ,r1 snpp-rior to the ri.ghts 'Jf
any purchaser under, a for,eclosure of, said Deed of Trust.
Said easement was recorded Ff'hrllary 17, 19R?, File No. :82"042242
the real property described in said Deed of Trust.
, and affects
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The undersigned Beneficiary of s'aid Deed of Trust declares, and acknowledges that it
hereby, intentionally waives, reiinquishes, and subord'inates the priorities and
superiorities of the lien and charge of said Deed of ~r~~t upon the land described
therein in favor of said easement,' and that it understands that in reliance upon and
in. consideration of this wa~ve!=,.', -relinquishment, and subc5"rdiI'lation. specific monetary
and other obligations wiLL be, entered into by Third, Parties 'which would not be made'
.0~ c0ter2d ifi~C Jut ==~ s~id-reliaqce 8nd tbe execut~on by Beneficia of this waiver,
~elinquishme!!. t, _a~d subor.fJin'ation'~
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Dated:
R/HNo. '
Exc. No.
Project:
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1083303
9
Pi.edmon
.!'oway
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Park
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Robbie R. Nixon
NOTE: ALL SIGNATUgES MUST BE ACKNOWLEDGED
NOTARIES: Use: Pr:oper ,forIll attached
or staple appropriate
dlkZ... ~ )~;y-
Chester C.Nixon /
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NO CHARGE ON THIS DOCUMENT
FOR THE BENEFIT OF
C/ly JI/ /~/~vay
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1985
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STATE OF..,
County of.....
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PARTNERSHIP FORM
On this,. ... ....... ..day .of..................... ..... .A. D., IG..... .,before me,.............,............,
a Notary Public in and for the said County and State, residing therein, duly commissioned und sworn, personally appearerl......
...................."......................... ............ .................... known tb me to be on'e of the partners of the partnership that
executed the within instrument, and acknowledged to me that such partnership executed the saOlO,
1111 UJitnrss tl'hrrrof, I have hereunto set my hand and affixed my official seal the di::l.Y anrl year in this certificate first
above written.
.....,....,.........,.....,...............,...............................
Notary Public in and for said County and State.
l'lndi\'idual}
CO\INTY OF
ORANGE
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STATE OF CALIFORNIA
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On April 1? 1 qR?
~Iale. penwnally appeared Roy \oJ. Ni xon
Nixon and Ruby M. Nixon****
Lf'fmt' mf'. Ihe undersigned. a Notary Public in and for said
and Robbie R. Nixon and Chester C.
iallyappeared.....
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. known to me
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~tni.inent, and :duly
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10 ht' the pt'rson ~ whose name_S a re subscribed
I.. lht' within instrument and acknowledged Ihal they
executed the same.
WITNESS my hand and offiCial seal.
5ign.'u<< ;! ~ ;( VvJ!.
Kath~ Fin",h
Name ( yped or Printed)
lis celi,ificate first.
OFFICI"'\' SE...L
8' . KATHY FINCH
NorAW:t'..pU8LlC - C~LlFOitfolIA
P~U"C\PM. QN'\'C! iN
ORNfG[ COON'"
My Comm~ion Expill!s Ol:tober !&, 1984
,
:tate.
5-167 (ffEV. 1-77)
nil II ar.aftr..el.I,lOtarialleall
CORPORATION FORM
,STATE.OF", ,...."..,....,........",.."", }
County of,..:..,....."...."............"..., ss
On tbis......,," ,..,,,... .day of..... ....... .,....."....... ..A.D., 19.. ..... before me,....,,, ...............,.....,....,,,.........................
a Notary Public in and for the said County and State, residing therein; duly commissioned and sworn, personally appeared.......
.,.""..., ".... ..,.."........".... ....."..... ..... ............ ......... ... ..., ...... .... ..known to IIle t.o be the... ................ .........; President
and. .., ........ ,......... ".. ....,... ..... ..,...... .., .... ......... . ............,..... .... ,. known to me to be the............., ,........... .... Secretary
ofilie........,..................,.,......,.,...,.....,.,.,.............,...,........................................,......................,........................
'the Corpora.tion that executed the wiiliin In1?tniment, knowil to me to he .the persons who e'xecuted. the within Instrument, on
behalf of the Corporation therein named, and acknowledged to me that such ,Corporation executed the same.
3111 llJitnrs5 Whereof, I have hereunt.o set my hand and affixerl my official seal the day and y~ar iTl Hiis certificate. first
above written.
.."........."...... ,.........................................
Notary Public in and for said County and State.