Subordination Agreement 1988-634741
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;REcolwI,.NG 'REQUESTED BY.:
THE CITY ,OF POWAY,
WHEN RECORDED MAIL TO:
88'OEC'-9 :PH'I :07
I VERA L.LYLl;_ I
~OtlNTY REc()RO~
THE CITY,bf POWAY
i.
P.O., BOX
POt~AY, CAUFOfu'lIA
92064
lIP, fElt
THIS SPACE FOR RECORDERS USE'
SUBORDINATION AGREEMENT
FO-R VALUE PECEIVED, the undersigp..ed-, as ~Beneficiary und'er ~ Ifeefl 'of' Trust dated
J;ar:luarY 21, 1977 , recorded' in the Office of the CountyRe~order of S'an D:Lego'
County Mar,ch ,4. 1977 , ,File No. 77 -n7~7~ V ,and as owner and hoider of the
obtigationsthereby secured does .hereby ,make subject and su\\ord'inate the liens the,eof
to ;the' Easement; granted bv Thnmr:ls A. I_d lJ'_'n-r'l, Trust-ee of thp. Thnm.::l~ A
L,iguori Separate Prop'eFt}, TrusT established Novemhp.r R'. 1 ~R,
".f:je_recor:ded November 2, 1977, File No. 77-45~84~
to"THE: ,CITY OFPOqAY; it being understood and agreed t,!;atforeclosun€ of said Deed of
Trust shall not affect, defeat or re:>der invalid anY rights tlnderand by virtue of
~'aiQ." ,ea~~ment, and said easement shal-l. be paranlO~nt and super.Ior to the rights of
--arly--purt.h3.se.r--'under a foreclosure of':..o.said De'ed -of ~TJ:ust.,_ - -
Said easement Has recorded /61 - ~.'-I!'i{,
tlle real property described in said Deed
, File No.
of Trust.
Cjf- 10;(0 37S'
, and affects
,The undersigned Beneficiary of s,!id ,Deed of Trust declares and 'acknoHledges ,thilt it
hereby intentionally waives', reliItquishes, and subordinates the priorities and,
'superiorities of the lien and charg'e ,dE 'said Deed, of Trust upon the land described
,therein in favor of 'said easement, 'and that' it und'ers,tands that in reliance upon and
'in consideration of this waiver, reli'nquishmenti: and sub'ordination speci'fic monetary
and other-obligations will be entered into 'by Third Parties Hhich would not be made
'or entered int-c but- for~s2.~d .re'.1:i:ance ,omdthe execution. by" Beneficiary ,of this wa_iyeF'., --
ig{i'ii(j..!.l~sf!I!l~n.t,_ .'and,. ,.subordinat-ion.
Dated;. X YA :;:,#i
Rf,l, No.
Exc. No.
Projec t :,
BENEFICIARY:
Geo'gra'phlcal Ventures,L,td...
A Limited Partnerihip
By: '#M ,(~~/j'~
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By:~~~r. "~ "
NOTE':
,ALL ,~1,GNATURES MUST BE ACKNOWLEDGED
NOTARIES: Use, prop,eF ,form attacJled
or staple appropriate
form thereto.
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.l: St"t.).of } On this the _ day of 19_, before me, (:l
i~ 55. ;:)
::;~ County of ~~
Sl the undersigned Notary Public, person'aliyappeared f,~
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r.~, 0 personally known to ,me m
:;1 0 proved to me on the basis of satisfactory evidence (~
:~ to be the person(s) whose name(s) subscribed to the ,1)
,) within instrument, and acknowledged that executed it. ~J
;1 WITN ESS my hand and official seal. ~
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,; Notary's Signature '<I
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PARTNERSHIP ACKNOWLEDGMENT
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,:~ State of California } On this the ,i~t'~ay of ~rrH.... 19~, before me, ~
J County of ~~I't\~\)~~-f',s SS. ~~&4.1 l ~,h(~n'l~ 'Ui~J v. \lJ1S\)l?J ~~
:! the undersigned Notary Public, personally appeared "
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T Q()~~1 L. I'\..ALeAUL\Yk ~t. ~ C(A~liS L. ~IAS..s ::~
--'j- -.' ." - ~~l~DE..f tl<tpersonaliy-known-iOme- \ ' ~
','\ _t NOTARY PUBue CALifORNIA ~ ~,,\,
_ PllINClPAlOffICl'IN 0 proved to me on the basi,s of salisfactory evidence
, lOSANQElfSCOUNTV to be the person(s) who executed the within instrument on behalf of the
': U, c:.mmilsion [Jp, Ju. 10, 1987 m~
partnership, and acknowiedged to me that the partnership executed it.
., WITNESS my and and offiCial seal. ,
,! Notary's Signature J:
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" CqRPORATE, ACKNOWLEDGME~:r_
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19_, before,me, ~
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State of
} ss,
On'this the _ day of
County of
the undersigned Notary Public, personally appeared
o personally'known tome
o proved to me on the basis of sali.sfactory evidence
to be the person(s) who executed the;within instrument as
or on behalf of the corporation therein
named, and acknowledged to me that the corporation executed it.
WITN ESS my hand and official seal.
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Notary's Signature
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