Subordination Agreement 1982-052985
~ODATIONFiIJNG'
LAND TiTLE INSURANCE COMPP,NY
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RECORDING REQUESTED BY:,
THE C'my .OF POt,AY
R'E C E , V E 0
t~AR 111982'
'crrY QF"P9W~'!'
'cltycLi:RK'S\OFFICE
WHEN RECORDED HAIL TO:
'THE CI,TY.':OF POHAY
,P,.9. BOX '1$$
POHAY; CALIFORNIA
92064
RECORDER:
Please ma~e .n!) ~ha.fge
for recordln!l 'the litt:
ached-~'ln'strument, It
i~ beIng, reCorded :In
connectl~n wlth,~ G6v~
. ;.~,:,~~ntai AgencY'tra-.
!:,_'DctIO~.
82- 052'985
Df";"'j" I, ~
. ,r.__J~1tEC0f1DE:D'II'~'~ t - .
:',OF~ICIAL R2CCF.rc; .
OF S'.t...S DI;"'~t),f'(lii!~{.'-I";;" I
~ -~ ...."..d. I I '.'-,r'\..
1982 FES 26 AM 18: 19)
I "VEFiA L. L "l7 ,
Ls.~UlHY I1EC(/~O!ER j,
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THIS SpACE 'FOR RECORDERS USE :III(), FEE
SUBORDINATION AGREEMENT
FOR VALUE RECEIVED, the,undere.:i,gned, as Beneficiary' under, a Deed of Tru,st dated
'S~p:t,,",mb<=,r 8" l~~~,;LecOr.de'c1 i'n the ciffice of the'County Recorder d San Diego
__,,' Sep~'em'b ~,,,,.,"',,,..,- ".. ,'--', ,~o~r..,- " ' , , '" -- ,; , ,.,..
County . \.:. ~ e.L L.L.~".cJ" I _ .1<:i.lcNo-." -,),..)r~''::''''~';' ,:.-ri.; '&S~"""""'l'"i:c.r- ;::l"""n' :-n)i.u.cr "-,r '':'1E.'
n_. .. _ __ _'. .', . ,\.... _ ,_._....'. - ,,~...: ..... u -- ~"~"'- ',-.:": .. "
oorigations thereby secyred does",hereby mitkesubj.~Ct:,an4' subordinate the Hens 'thiOi'e'of
,to the ,Easement granted by Don;'l)"d ,F.. and Ce Lea, C,. Cubbaqe,
to; Tii:j;; CITY'OF POHAY, itbel.ng,imderstciod and ag"eed that: ,foreclosure ,0fsaTdDeed of'
'Trust shaL', not, affect, defea't: or render ,invalid, 'any rights under and by virtue' of
~~,:said. easement:~ ana~sa79.-e<=l$ei1ieli. L-::'l.ldl-:;"~1'C:-1JarCir(ic~'f;.t-~.~~,,~,--:~-~,:;~' ~:;:,::,~.=-t,:>-~~ e-?':i6~_+o~-.nr.... - - ---
any purchaser under? fbreclb"sure of said'Deed of" Trust.
$~Jq easement was
the real,property
recoidedseptember ,17, r981FHe 'No. 81:-0296928
, , ,
desc)'ibed in .said Deed of Trust.
" and affects
'The undersigned, Bene;f:i:'ciary of ~a:!-d Deed of Trust deClares and 'it'cicnowledges that it
fiereby intent-ionally .waJ..v:e:s" retlr).qui~he-'s" ai1d. subo.rd.~nates the :priorities and
,superior-ities of ,the .J~ienand charge of s'itid Deed of Trust upon the land described
t,hc":t;:etn' An favo,r of- s.afd 'easement, and. 'that it un~ie,~s~a~n~;;that, in reliance upon and
i~ 'c:onstderatioh 'of :th.i~: waiver, relinquishment, and,~s1J_b.~9!~i!Lation specif-it7 monetary
and. .other obligation$ wLil__'~E. e.~~te}:-ec!. i!"~to' by Third Pa~:tie's w~i"~1) wpuld not be made
or ,entered 'into but 'for -sa~id' J;E:)}i~lJce and -the execution by Bene:ftc;iary of thi? waiveT,
re1.inquishment" and subotd~inatibn'.
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BE/:lEF-ICIARY.: SECpR.ITY PACIF,IC'
NATIONAL BANK
'Dated:'
!g'l'i), 'N.9..._:
"ExC'". .No.
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309'3'96~R
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S:eYJ1lo"l]r Ekt::
(Suqa n R~ad,)
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NOt'E:' ALL SIG~IATURES HUST BE ACK,'lOI-lLEDGED
NOTPRIES: Use proper ,form attached
or staple appropriate
form thereto. '
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STATE OF CALIFORNIA
COUNTY OF.. m..mSap D:i,,,,gCl..
Jss,
1518
".,.. On...~.~.~_~?ry ..~_~., 19~_~._ ___ "H"'.' before me, the undersigned, a Notary Public in and for said State, personally apPcJ.rcd
.. .W.t~JJ.~.~ J .'!....':r.?nn~.r.._ ..._____...._..... .known to me to he the Vice President, and........~_!..XJ:~.~.~_h~r.....
r known to me to be the_A?6~. .y..tC_~___?:r.~si._4.~.~.t. . nn of the SECURITY PACIFIC NATIONAL BANK, the association that
executed the within Instrument, known to me to be the persons who executed the within Instrument on behalf of the associaticm therein
.~ named, and acknowledged to me tnat such association executed the same, and acknowledged to me that such association executed the
1......- within Instrument pursuant to its by-laws or a resolution of its board of directors.
WrTN ESS my hand and official seal.
.... (Seal)
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It ",,-::i;';~~ O,~,.~l(;lf\L S2P,L it
I i~~'?:;\~~, Mi\RY GilLELO II
, \'i"",\'to_ .6fJ~:~"*~~ NCi AR! ,'U8L1C . Cf.,LI;::O,;':~Ji,~, ~
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F....-::JI"~;e:;W";"") t'r,iI<'w,,'~~<..:r""JEII' ,
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r-'l~:.~~~~~ SAN DI~Gr.: ccum'! ,t
My Commission Expires Mar. 4, 19~;~1 ,r
mUm uu ,J!!..~"&A,,
(N ary ::~~nature)
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030874 8-77* 25 PS
Sank Ofli~er's NotClriClI A~knowledgml!lnt