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Subordination Agreement 1988-634183 ~. 0""- ~"r .. ~;~ ~ ~:./., 'l ';:-~" .' < . ( 1733 . 8'8 613/481;8';3 ....-1. _ ,:" . 1:?[flf:~~,~r~.j;~5fA~(;, I ,RECORDING REQUESTED 3Y: 8,8 OFf' -q fiM :q:" 1 11 ""....."-' ... ..il oJ ......, 'THE, CITY OF Po\lAY i ~~~~n,"~ ~f~ji~l~Q i j {,V__", ,.,. ',"."'. ;:R", J ..-~ -"'"~ WHENR~~ORn~D ~~IL TO: THE CITY OF POHAY P.O. BOX- l89 P'OHAY, CALIFO?.lHA 92064 RF ~.OO AR 2,06 MG 1.00 THIS SPACE FOR RECORDERS USE " '- SUBORDINATION AGREE::iENT FOR VALUE. RECEIVED, ehe und'ersigned, as Beneficiary under a Deed of Truse daeed June 2 . l'986 , recDrded in the Office Df the County Recorder of San Diego Cbunty June 20. 1986 " File No. 86- 251321 , and as owner and holder of the obligatiDns thereby secured dDes' ,hereby make subje'ct, and; subordinate the liens thereof tb .the Ea'sement granted by., , " LlvlnR W~y Chu~ch. [n~.. A CalltornlB CorDorat~on t.o THE: CITY OF Po\-IAY, i't being' understoDd and agreed th"t fDre'dDsurepf said Deed Df Truse .shall nDt 'affect, defeat ",r ,render invaH.d 'any rights under andb'y..virtue of said easem.ent, and said e_a~s~.:pe:ntshall be pa~arnount:- and ,superior to the rights of any purchaser, under a foreclosure of said Deed of Trust-. Saideasenient was recorded /~,-/- S".? .the real prDperey described in said Deed ,File ND.g.S;-!a/.'&;(")~7 of Trust. and affects' -The undersig-ned Beneficiary of said, Deed of- Trust d'eclares and acknm.;le.dges tha~t' it hereby -i2-tent-ionally waiv.es, rerinquishes, and subordinate.s' the pri:oritie's and superiorit.ies Df chI'. lien anef charge of said Deed of Trust upon the land described therein;in favor of said easement." 'and that i'f 'un9-erstan~:ls, that in reliance upon and in_ consi:der3.tio!,! .D_E-. this waiver:;" re.l-inqui3r....-:.en-t,. arld subor:ct.i1;fation specific monl?tary .-- aqd otJ}er .ob.l-igations ,will ,be entered ip~q )jy T.tli.~d" 'Par-tTe~s, ~hich .....ould not be made' or ";e.r:!terf~c;l into but, for said ':rel'i:'ance and ,the' exe~cuti-on' bY' ';3'€~ne'f-l'c-iar,y of \th,i~~ :i?-iv~r, J;:~l:in.qui'slir::eht., .;Jnd- subordi~ati'on__ ' Dac'ed: R/H No. 3::::;L:?ICI:c.=:.y: ,Reliance Trust Company Atlanta, GA Exc. I:o. .?'" . ~J . Proj'cct: l;OTE: ALL SIC::ATURE,S ';.,~V.ST BE AC2;O:..1..EDGED ::OTA.'UE:S: UseprDper' fan :JtClcned or' st0pl~appr-opr-i.1te farn thereto. ,. 1734 . " '-1'1".- -?~..Y. .. '.~. ,ci() 1_ -, . ,< " ,. ,,' STATE 'OF'...., '....""",..""""" ,'"""..", "County of...... _.......... _............... ... ;'...... },. P'<\RTNERSHIP FOR~! OIl."th.i, s:..;.~ -,..... ..day of...... ............ ......... A. D.. 19.;,;.. ,before me" _.. ..... ... .....,. ......... ..... '" ....... ...........,..... ......;;: ..~_.;, !8 ~otary:':eubli~' in and for the Said',County and Stale. residing therein, du~y commissioned' and sworn, persona"lI.y appeaie-~;~~'~.-. ..................................................................................... kno'wn to me to be one of ' the partners of the'partnership>thal execut.ed"tt1e whlli"n instrument. and acknowledged to me that such partnership ,executed the same. J11l Wirnrss Whereof, I have hereunto set my hand and affixed ~y o.fficial seal the day and year in this certificate first above written. , ".., - ..................... ~. ~""":''''''.'................................ "~'~,,~.~'_."',~ N_o~~y::puolic. in. and for. ~aid CountY~"arid.:..St8te. GENERAL FO-mt STATE OF',..............,.."....."",............ GOll,nty'cr................. .......... ...... '" '.'. .:.;. }-,. On,.~thi!!l ;.;.......... ..... ...day cf.... .;.....~.;..,;...... ..... ..... .A.D.. 19..;...; ~"t:ieXore'_me....... ........ ............ ........... .................. ....., s Notary Public in aild for the"saidCoun"ty,and State. residing therein. duly commissio.ned and sworn, perso.nally 'appeared;'~.... ...................:.......................................,............................................................................................................ personally kno....n Lc'me to. be the person......whose name .... .......-.................subscribcd lo. the Within Instrument, and duly ,acknowledged to me that..........he..........executed the same. j]n Wltnrss DJQcrrot. I have _hereunto set my haild and afiixed my official seal the day and year in this certificate first above written. .................................................................................. :...rot.uy.Public in and for said County and State. " ~~tn~; a~~1/$fJJJ.!!:!:::::::::::::::::::: } s. CORPOR.\TION FOR\! On thi.,..,~H!).......d.Y af....1VW:.;,...........,AD,19,J:ct. befa,. "'.....}:k;rr.l.e'c..K:...~!:':?................". ~ ~.4~~, 0:;;;[j~!;;5.JlL~ :~.~.~ .~:~, an,'. ~ ~,' ~~::...', .~~~. i,~ :~, ~::~. ~ :~, ~~:, :~a::~:,' ~~O:, e:e a~: e ~,~.~:,', .~~:.~~.~ ~,I,l~. ~,,~~..;::; ~.;~.; and..,L\.J~o.. ..~..~0....'..................,..,.................."nav,n la me to be the............,....,.............Sec'e'.'Y ~:eth~~'~~'~ tiG~ l~~,r::~,~ ~~':t~;~~~f~ ~~': ",~' ~~ ';;:';:';' ~'~. '~:';~~.~~..~~~. :.~:'~~'~~~,.~~ '~;;~;~' ';~~;;;,~~~ ~:'~~' behalf of the Corporation therein n'amed. and a.cknowledged to me 'that such Corporat1on executed the same. 11n, WilnrS5 }WfJ~"ror, I h h h d d [" d [' I I th d d h' 'f f' ave ereunto set my' an an a IIXC my 0 Ileia sea e ayan -year'in l IS <;ertL icate lrst above ~illen. .' /J. ',#' --]// '~~.. :A,,'1i:ljjjsC~~CJi...A4'6,...,' m~....,."..,...." Pt;tr-rc In,...,KL~" -, '-, Notary ',' . "oin-ry~I?J,Jh'i.t&ifll ang Jor' snid 'Counly and Slnte. My Comml I 1,_-,\)"._-" --J_ . ." ~ . .- ~ , . . '.....- .,.......... ......