Subordination Agreement 1989-053353
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RECORDING'REQUESTED BY:
THE CITY OF POWAY...
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RECOfiDED.Hi ;]
Off,':fr.::fAt.. RECORDS
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OF .}j1.-f :;'~_~t,; ;.-,GtJ"u (.-'CA:I
.WHEN 'RECORDEDJiAli TO:
THE qTY .OF 'POWAY
P.O. BOX.,..'.
POWAY, CALIFORNIA
92064
89JANr3W Pl'rfIJt~2'
I. ",a'tA !:-~LYLS_ I
I.CO>J~".Y iitCORO!]..J.
-81 ~()5 3 ;353 .
NO FEE
THIS SPACE FOR RECORDERS USE
SUBORDINATION AGREEMENT
FORVALUE'REGEIVED, the .urid'e:rsigned, as Beneficia.t")1 under a Deed of Trust dated
'1:5' Febhiarv 19'8'8 , recorded in the Office of theCoul1tyRecorder of San Diego
Courity.24 February 1988 .' Fi!'e No. 88-083024 _ ,arid. as owner and holder of the
6bl'igations thereby secured does hereby. make subJech,and subordinate the li"ris tnereof
to die Easement ~rantedb'y ANTHONYJ. AVIANO AND MARIAN J. AVIANO, TRUS1EES OF THE.
AVIANO 1983TRUSI DATED DECEMBER 29., 1983
to THE CIIT OF POWAY , it being" understo'o'dand agreed that .foreclosure of said Deed ,of
Trust-shall ,no.t.,affect, defeat or render invalid any righqunder and by virtue of
said eas,ement, and sai'd- easement- shall _bee paramount and superior to the rights of
any purchaser under. a foreclosure, of said Deed-of-Trust.
Said easement was' recorded //-9- >'3P.,
the real property .described in said Deed of
, File No. 1"58-57778(0
Trust.
and affects: -
,
-,
Th'e;,ljl1dersigned Beneficiary 'ej't said, 'Deed of Trust de.dares and acknowledges that. ,ft
her~by ,intentionally waives, relinquishes, and ,subordinates the priorities and
s~~}riorfties of the lien, and ~harge of 'said Deed of Trust upon the .landdescribed ,;
_-,~q",;:-ein in favor of said easement, and .that it understands that in reliance upon arid.
~~~~onsideration of~niS-Wa1vet, reIinqu1snmeht~aq4~subordination specific'moneiary--.-
.ind other obligations wIll be entered into by ThirdP.artie,s which would .not be made
,tor ,entered. ,into but for said" -reriance aild the' lexecution', "by l3ene-ficiary of this. waiver)
re'linqui'shment, and subordination. . ...... -- - - .
"l GF POWAY, LTD., a Cahfornla
,. Dated: ;tlA'!,e/J,. '7. /7'J>.!! BENEFICIARY: Liinifed. Partnership
--./ ':_~y: n POMU<AUU, INL.,
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By:
NOTE: ALL SIGNATURES MUST, BE ACKNOWLEDGED
~ NOTARIES: Use, proper form attached
" or staple appropriate
form ttieretc.
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STATE OF CALIFORNIA D '" /' tJ
COUNTY OF .......;;:\-k)1J k""
"7 /hf'i2jl.-- Rf,J
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said State, personally appeared
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Iss,
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1877
, before me, the undersigned, a Notary Public in and for
K [;''5 pI/\, j and
,pefSo"dlly lo....v...m-te--m6.(or proved 10 me on the
basis of satisfactory evidence) to be the persons who executed the within instrument a!':
. '
': P~sidenLand
(F PO /J,) LrRA-;/JO / :/:C,I'II C!..---
the corporation therein named, and aCknowledged to me that said
corporation executed the within instrument pursuant to its by-
laws or a resoiuiioii of its board of directors, said corporation being
known to me to be the general partner of
c,P ,;:'C)lU 4'1' , L 77;; .
,
the limited partnership that executed the within instrument, and
acknowledged to me that such corporation executed the same as
such partner and that such partnership executed the same.
WITNESS~c/ ~
Signature . L
/
5eeretary;-on behalf of
(This area for official notarial seal)
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