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Subordination Agreement 1982-052986 ~MMQDA~ ElLINf, " tMD'fITLE INSURANCE COMPANY ,ttt519 . 8,2- 052986 RECORDING/REQUESTED BY. - RECORDER: 'i f'leaae make-iiocnarge "~JI~ CITY OF PO~.JAY , fo~'re_~orcilngnhe at"t: . i:!'ch'ed _ 'l,;';s:tru~,_en~: It ISbelngi ;'ecord~d 'l'n t'HEN RECORDED MAIL TO: connectlonwlth,B Gov. e.rn~er:'taIAgency tra- n~~c.t~o'~. R E C EIV ED . MARll 1982 C1TYi9FPO~AV C1TVCLER.K'S OFFICE .1. --I: ,? R,E,C-ORiiE'O:ltiiiiJ:' '- OF'.r-:l.Lj...~L 11ECORD5 OF~,(".J DIEGO cow,j'rr: Cf.. ,) 'OP?-ED ' U,),. I' ,; 264M 10: 13 ._a.......".",......_ I' VEts". L. L.YLE .._~~Ufi l'f flECORDER , I , , ~..._.""! THE CITY OF POWAY Pub1:i:c,,8ervices P.O,' BOX 785 POWAY, CALIFORNIA Dept, 92064 THIS SPACE FOR RECORDERS USE NO' FEE 34- /2- .5;;''7.-& SUBORDINATION AGJlliEi1Ei'n FOR VAr,P? RECEIVED,_ .the -,unders'igne:d,,: as Beneficiary under a uee", of Trust dated 'August 31, 197.2 -,-rqcc,:rded.:i~.- t:he.....!7!.fr~~r:~_n.f..t:he.Count~ R,ec,?1;'0.e_r .2f. S~~n DJ,ego County, September 11; 197-;; File No.. '241085,. and .as owner -and'ho-lder of the obligations thereby secured does hereby make subject ,and, _subordinate the liens thereof 'to the Easement granted by -Dona'ld, F, andCe lie!' ",C, Cubbaqe to THE CITY OF PO\~AX, it being understood and agreed 'that foreclosure of said Deed of Trust shall not affect, det",at or render invalid any rights under and by virtue of said easement ,and said easement shall be paramount-a.nd sup:erior to the rights of any purchaser under a foreclosure. of said Deed of Trust. 'Said easement was recordedSe.~terhber 17, 19~1File No;. 81-296928 the real property described -in,: said' Deed of Trust. , and affects The tinclersigned'Beneficiary Of said ,Deed of Trust declares and acknowiedges that it ,hereby intentionally waives,t relinquishes, an(1' s.ubor_qinat:;es' the priorities and superTorities of the liell and charge of said Deed 'of T,rust upon the land described therein in ,favor of said ease~e~t, andihat it understands that in reliance upon and 'I:,' ~n..c.onsid'erat~on of this "waiver, relinquis~ment, and subordination :$pecific monetary . and other ,obligations will be ,entered into by Third Par'ties which would not be made ~.~. or ~~er.~4.iJ::1.t.o 12~t:-.i9I said 'reliance and the eJ:,>:ecut.ion ~y, Beneficiary of this waiver, _ __ './0 ,::'reIinquishri1ent~. and ,subo-id.:Lnation-:- - Da't ed : JANUARY 19, f9S-Z 309396~R 8 SeVlllOUr Ext. (Sudan Road) BENEFICIARY: IMPERIAL SAVINGS -ilNDbO,AN' ASSOCIATION OF THE~OUTH '. RjWNo,. Exc . No. t' P..roj ect:' ., ./) , d;;~~, By:'. By: r.onT~F PA'RK~ /'1. ' 1 ...../~........J./t .. K. 1110: PRE~I!JENT ~ :1- ALLSIGKATURES: MUST BE, ~;;J&NOWLEDGED' NOTARIES: Use 'propel; form _attached or staple appropriate form thereto" ARACFT.T II T,ARIIADIW, ^OSISTANT SECRETARY . NOTE'- " ~ k. . . STATE OF CALIFORNIA COUNTY OF San Diego " ----". y........... 'oN'.V'o..,..~ ~~.. ....................... ,......~... ~ '.. OFFICIAL SEAL ~t..t;;'\. KAREN LEE BOWERS . f '~~t(f?j~ NOTARy PUBLIC - CAUFOfWlf.. II "'N-~';,)7~ PRINCIPAl OFFICE Jf~ " ,/;ill;;: SAN DIEGO COUNTY f\,)~ Commission Expires November 30, 1984 'V\I\.V ,}IhV~lJ ,- , )\ I RPORATl.ON ACKNOWLEDGMENT \ Manager or Officer m No. 15 l }ss 1520 ONn mm_ --JANUAR-Yu-l9 n_m um__nm u_Un'.. m uun. __m ..,__, 19-_8-2, before me, the undersigned, a Notary Public in and for said County, and State, personally appeared nmL.olJISE u ~!\.R.K~ >\11 ell P.I<E~IJ)E:N.:r_m _n n_"___ "oun_. n_ --.'---hU~u__n_______nu.________ i\rD_ i\I!l\,CE:L~mR.,_~i\B_!ll\DgR., __ASS}S:ri\tiTm~~_CR_E::rJ\.Il..Y_ known to me to be the person who executed the within instrument on behalf of the Corporation therein named, and acknowledged to me that such Corporation exe- cuted the within instrument pursuant to its By-laws or a Resolution of its Board of D;'~"':_ry. ,,_c. ' i::L.Ji;, Vc';"'M V' ... ....... ........ .... KAREN LEE BOWERS Type or Print Notary's Naxne -----..-------------------____n_____._n