Subordination Agreement 1988-004551
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RECORDING REQUESTED BY:
Igas JMl -6 MIll: 10
TilE CITY OF Pot,AY ,
'I "YE:fN;IL:i..YbE." I
L!:2l1~l"(:HECOROI:i.J
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WREN RECORDED HAIL TO:
TilE CITY OF POHAY
P,O. BOX.Y!l9
POt'lAY, CALIFO?~'lIA
92064
m5 FEE
THIS SPACE FOR RECORDERS USE
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SUBORDINATION AGREEMENT
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FORYALUE RECEIVED, the uridersign'ed" as Beneficiary under a Deed of Trust dated
'L[tf'RtN'f5#f af'./fJ77, recorded in the Office of the County Recorder of San Diego
County Oc'1'olftrYl' :Jr d Jl7 ,Fi'leNo, tJ,7- 57'791.:3 , and as owner and holder of the
obligations thereby secured doesereby make subieC:t;.:..ai:J.d subordinate .the liens thereof
to the Easement granted by , CO' o.'/v
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to 'TilE CITY OF POHAY, i't being' understood and agreed that foreclosure of said Deed of
'Trust shall,Eot affect" defeat or render invalid any, rights under and by' "iir'tt;e of
,said easement, and said easement shall be paramount ar>d superior to therigh-ts of
any purchaser under 'a foreclosure of said Deed of Trust.
Said easement Has recorded !;?,. -oJ 1-//7 , File No. .j7- 10 '1'1'-;;;JS- , and affects'
the real property described in said Deed of Trust.
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The undersi~ned Beneficiary of gaid ,Deed of Trust dec~ares and acknoHledges that it
). 'hereby intentionally IJaives, relinquishes, andsubordiri'!tes the priorHies and
" superiorities of the lien and' charge, of said Deed of, Trust upon the land described
. therein in favor of said easement, and that it understands ~hat in reliance upon and
I, in, consideration of this "aiver" relinquish.':\ent, and: ,subordination specific monetary
'arid other ,obligations will be entered into by Third,partieswhich would not be made
,or en'teredinto but, ,for said relbnce and the execution by Beneficiary of this waiver
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.re~i'nquish::ent, <1nd stibordinat.:i,'on.
Dated:
RIll No.
Exc. ~~o.
Project:
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By:
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::lOT.l:RIES: U"e proper, foIT.!, attached
or 5taplcappropriate
.form thereto.
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CAT. NO. NN00627
TO 1944'CA (9-'-84)
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fiJ TICOR TiTlE INSURANCE
(Individual)
STATE OF CALIFORNIA
COUNTY OF San Diego
On December 9. 1987
said State, personally appeared
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before me, the undersigned, a Notary Public in and for
Thomas L. BJark
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, pellSIO"adJjockK="==
proved. to me on the basis of satisfactory evidence to be
t~he person_ whose name ; <:::. subscribed to the
within instrument and, acknowledged that -.h.e- exe-
cutedthe same.
WITNESS my hand and official seal.
Signature
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Shirl Virn'
OFFICIAL SEAL
SHIRLEY VIRNIG
NOTARY PUBLtC-CAL!~OANtA
SAN DIEGOCOUNrY
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MyCommtadon e.pI,.. M.rc.h 4, 118'
(This area for official notarial seal)