Subordination Agreement 1988-004549
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RECORDING REQUESTED BY:
TilE CITY OF POlUi.Y ,
1988 JAil -6 At4 II: 10
I ' "yET!\ L.LYi,E" I
LS~lUNI y m:coiwr~,
WHEN RECORDED HAIL TO:
TilE CITY OF POHAY
P.O. BOX.YB9
POHAY, CALIFO&~IA
92064
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SUBORDINATION AGREEMENT'
fD/2---G'fZ-/I1VT OF WAT~t- S'E'wlER e<5FIVlf'NI
FOR VALUE RECEIVED, fhetindersigned, as Beneficiary under a Deed of Trust dated
; ~f:.p:;{rn/JM d.(/9J.?, recorded in the Office-,- of the County Recorder of San Diego
County('/(' 701'f1M' ..;2, /'Pf!7 ,F;ile No. ~7-5'5~jJ3, and as owner and holder, of the
obligations thereby secured d6;p, ;hereby' make 2PJ;,st ,and subordinate the liens thereof
to the Easement granted by, '" tJhr;-l(r cr., ,,0<;/';57/0' ,
to TilE CITY OF POl.]AY, it ,being' understo.odand agr,eed that foreclosure ,of said Deed of
Trust shall not affect,defeat or render invalid 'any' rights under and by virtue of
said, easement, and said easement .shall be paramount and superior to the 'rights of
nny_pUlcchaser..,under a foredosure'~oLsai'd_Deed_of, Trust. -
Said, e3sem~nt was
the real property
recorded Ic2-.1J.-,f1
described in said Deed
, File
of Trust.
No.$7- '1'01,/;( (;
, and affects"
The undersi;;ned Beneficiary of ,said Deed of Trust declares and acknowledges that it
hereby ,intentionallY '",<lives.". rclinqursh~'s:', and s~J>oF.d:inates ,the priorities and'
superiorities of the lien and' charge of .s'aid Deed' of Tru",t: upon the land described
therein in favor of said easement, and that it und'erstan'cls ,that in reliance upon and
in. 'consideration of this waiver, 'relinquish.':\ent, and subordination specific monetary
,afldo'ther obligations will be; entered int:o by 'Third Parties which would not be made
'r .o-~: ,e~riter-ec;r :lnt'C:,- 'but f.qr ~S?::id ,r_cliriri,ce and the e?=e~,ution" ~by Beneficiary, of this waiver,
~'. 'relinquish~ent', ,and subordiilation..
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By:,~L2 ~~
Dated:' '
R/H ,Xo.
Exc'. ~:o.
Project:,
By:
lWE: ,\~L SIC::,\J:URES l'lUST BE ACK:W\./LEDGCD
:roT.\RIES.' U~e proper fom attached
or staple ~ppropriate
form thereto.
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CAT. NO. N N00627
TO 1944 CA (9-84)
W4 1637
~ TICOR TITLE INSURANCE
before me, the undersigned, a Notary Public in and for
Thomas L. Bl8.ck
(Individual)
f
STATE OF CALIFORNIA
COUNTY OF San Diego
On December 9, 1987
said State, personally appeared
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proved to me on the basis of satisfactory evidence to be
the person_ whose name is subscribed to the
within instrument and acknowledged that ---.h.e.. exe-
cuted the same.
WITNESS my hand and official seal.
,,~.,"" J1~ {;f~
Shirley irnig
OFFICIAL SEAL
SHIRLEY VIRNIG
NOTARY PUlSllC.CALtFQJtNIA
SA.N DIEGO COIJNTY
.
My ComrnUAon l.pI,..,..atW 4, ~ 9a I
(This area for official notarial seal)