Subordination Agreement 1988-626367
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RECORDING REQUESP:D E'y;
THE CITY OFPO\,,,y
'SBOEe""6 RI1IZi;09
I VERA u:.,(l..E;~ I
,ceVIlTY RECOROEJLj
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"WHEN', 'RECORDED HAIL TO:
THE CITY OF POUAY
1';.0. ,BOX, 789
pOI,,,?, CALlFO?.l1IA
92064
NO FEE
THIS SPACE FOR RECORDERS USE
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SUBORDINATION AGRE~~,NT"
F.OR. VALUE !;liCEIVED, the undersigned, as! ll,e,:,'C,tsci,aFy.:under a Deed of, Trust dated
December 22, 198fi , recorded! in the"OHice'.of tne 'County Recorder of SaniDi",go
County "December 24, 198fi, !fil"e No, gfi":fing~g7 " ,and as owner and holder of the
obligations thereby securecldoe,s,'h'ereby ,make subj ect ,and s,ubordinat" the liens thereof
to the Easement gra'nted by Mlldred w,. Taylor a marrl'ed woman ,and
Vinrf'nt Cava llaro. a. €ii'nale man
to' 'THE CITY OF PO\,AY, it 'be'ing; ,understood and agreedtha t forecIosureof said Dee<:i of'
Trust sllaf.I~:, ,not, -aff_ect, ,defeat or 'render' invalid. :a~y :rjjgh~s .qnder and by viTtue ..of
.---said-"e3.set';ef;~t.; '-and-said"easemerit 'shaJ/l '1:'-e-'par2.Ti:ic.lun~---~n'd~~sl.i'p'E-ri'6:c -to- .tne-r'i<ght's-of- .--
a_ny .p,urcnaser under a forecl.osure' 'qf ?ai"d 1;>.eed of Ti'u'st; '--
Said "e:isenent, "as reco"ded /1- .;;/.;J?- kf?
the'Teal property ,described in said Deed
, File No. F-t' - ,(Pt:JCJ:S"'.RQ;<
of Trust!
and affects"
1 0,.
'The' "undersigned Beneficiary of said ,Deed of Trust de'tl:ir.esand ackno"ledges that it
hereby i,ritentionally waives) J;:~J:-tqq~i~hes) and, stib(i'rd'ina"tes the priorities :<J.nd
superiorities of the lien and' c5arg'e o"f said ,Deed of 'Trust upon the land described
therein in favor of said.ea~~me~'t,) and that it understands that in reliance up~n and
in_ .consideration C?f this '\::l.aiyeJ;;'), 'r.elinquish..-:lent)_ and. ,supoJ=:din~tioil specific monetary
and oiit2eF oblig.J.~i910-~- '-,?j..ll..-~~e e_nterea into, by Thfrd ;P"a_r_t...,i::es. "-'Sh~'ch would noC' be mad'e .
Hr;',entered into, ,bu_S fO,r s~'~.:d.' '~elTance -'!ndt:he executipl} qy' 'Beneficiary of this waiver;,.
r-el!.i::lqu{sh~en t,', "2hd s~b'9 rdt:1af-~on ~
Da:t cd:
IA JOllA BANK &TRBST CCMPANY
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3I::::CFICL">",Y:A CAT.nnRNTA CORPORATION
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,;;OT;:: ,\l.L SIC::,\Tt;:lES ;~UST 3E' "c;.:;:oi,'LEDGED'
;:OV-,1I:::S: Use proper form attached
or staple appropriate
for;:) thereto.
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STATE Of'....................,....................
County ot.... ........... ...;............ ............
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PARTNERSHIP FORM
On this. -.....,....... day of..._.... .., .......... _.... .A. D.. 19...... .before me,.... _. ..' ..... _, .... ...... _........ ... _, ... .........;.. _... ........
B NOlary Public in and (or the said County and State. residing therein, duly commissioned and SWorn, personally appeared......
......................................................................;............. known -to me to be one of the partners of lhe partnership that
executed the within instrument, and acknowledged to me that such partnership exe-culed the same.
3711 Wirnrss WIJrrror. I .have hereunto set my hand and affixed my official seal lhe day Bnd year i'n this certificate dirSl'
above written.
...................................................................h.............
Notary Public, in and for said County nnd Slate.
GENERAL FORM
STATE OF,..,..,."...",.,..."...".".........,
County 0(......... ...... _.. ............... ..... .....
}..
On this.. ................. .day 0(........ ........ .'........... ..A.D.. 19.. ..... before me.... ........... ........................ .h...... .............
a Notary Public in and for the said County and State. residinc therein. duly commis.sioned nnd SWorn. personally .appeared......
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~_persorial!y-known-to-me-to-be-the'-pers-oil......whose name .:.. ............ ............subscribcd to the within Instrument, nnd duly
aCknowledgoed to me that..........he.....~..~..executed the same,
311 Wilness WIJrreaf. I hnve hereunto sel my hand and arr;xed my omci~1 .eal the day nnd ycnr in this certificate t,rst
above written.
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Notary Public in and for said County and Stale.
CORPORXrrO:-i FOR~1
STATE OI',.,~~?:~~,O'f.n,~.a..,..."...,..,',.. }
County oL......S.au..D.::l..e.g.o................... '53
On thi.,.,..2,~t,l...""...d.y of....~~~~~?~r.,.., "'.."\,D,, 19~~... before me... "~~s.;>.r:>, "L, ,,J~r.S.~,,:,.s,e,<:..,,.....,,,, ,.".,......
a'Notary Public in .:md',Jor the: saidCoumY'and State residinR therein. duly,commlssloned nnd sworn pe~"onally BppE'ared
......,.................l!:~.c!:..f.~:'......,...........,...,....."'..,,......................known to me to be toe......,....................... Pr.s;~'~~';
and,.....!3X.'i',If,<;.J:t..~."'!1~g~r.............,....,..,.................................... known to me to b<, the....,.........................Secretnry
of the ,.,... ....1.'L J QUil..!\i!nls ..~. ,Jx.".~,~,. ,~.,?~p.i!!1y.,.. ,...., .........,..,"',...."........""""",. '.,'..' ,.,",...,...."...,." ,."",'.,
the Corporntion that .x.cuted Ihe within !n.trumenl. known to m. to be the p.rson. who ex.cuted th. w>thin In.trum.nl, on
hehalf oC the Corporation therein named. and acknOwledged to me lhat such COll'oration executed lho somo.
11<1 Wilnlss Wilmar. I hnve her.unto .et my hand and affixed my official senl th. d.y a"d yenr in this cenif,cnt. firsl
above written.
~. '. OFFtClALSEIJ.
.; ,-" SUSAN'L JORGENSEN
;;.,,; . .,NOTARY,PUBUC.cALlfORNIA
. ."" 'PRINC1PAL OFFICE IN
'.' , SAN DIEGOCOUNTV
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" ~"o(nry PublIC in nnd fr)r "llId County find SIf1tl!.