Subordination Agreement 1988-534559
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, " :0;:""~:"~~ORDED REQUEST OF
". Fl.5fAMERICAN TITLE CO.
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,RECORDING REQUESTED BY:
THE CITY OF pm,AY ,
WHEN RECORDED HAIL TO:
THE CITY OF POHAY
P.O. BOX.)89
PO\,AY, CALIFOP~'lIA
92064
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2373
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G RECORDED iN ~
OFflSIAL RECORDS
. Of ~!.tH 'b;~ce ~,:uWH.r'. CA
.. 88 OCT 19, PM 3:55
I 'VERA LL,(L~
L..E.OlJNTY RECORDER ,
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AR 2,00
MG 1.00
~, THIS SPACE FOR RECORDERS USE
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SUBORDINATION AGREEHENT'
FOR VALUE RECEIVED, the und'ersigned, as Beneficiary under a Deed of Trust dated
December 15. 1987 , recorded in'the Office, ,of the County Recorder of San Diego
County December'18, 1987 ,File No. 87.,.694994 , and as owner and holder of the
obligations thereby secure'd does hereby make subjecr:and sUDordinate the ~iens thereof
to the Easement granted, by LINCOLN BUSINESS CENTER P0WAY, a California
General Partnership
to THE CITY OF PO\,AY, it beirig' understood and agreed that foreclosure of said Deed of
Trus~ shall not affect, defeat or' render invalid any rights under and by virtue of
said easement, and said easement shali be paramount and superior to the rights of
any purchaser. under a foreelo.sure of said Deed' of Trust.
Said' easement <<as recorded Ocr., /9, 19'38 , File No. '8'8- '57,'-/ S-S'8, and affects'
the real property described in said Deed of Tru~
The undersigned 'Beneficiary of' said Deed o~~si. declares and ackno,"ledges that it
hereby intentionally ']:aj"3S~. rQlitlq".;C'hPc:::::, ~T'ld subordi~es the priorities and
superiorities oE the lien arid charge of said Deed Of~st upon the land described '
therein in favor o~aid easement, and that it ~~~ nds that in reliance upon and
in. consideration of this 'p.3i"Q[', E'91 ;nqlli c:n.....pn...: ubordination specific I:l.onetary
and other obligati swill be" entered into by Third Parties ~hich would not be made
or entered into b~f for said reliance and the execution by Beneficiary of this ~'.ai"9~-,
"nl;,,~.dS"~'U(~ ~ subordi:1anon. -1
Dated: lQ -7- be 3E::EHci::2Y: fitts, ilJZ.lL.,t,~iC(Z,A-N<" !).1m\s, N,A,
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::OTE: ALL SIC:;,Hw"ES .:lUST'BE .ACK:/m,'LEDCED
~IOL\RIES: Use proper faIT.! attached
or st:1ple appropriace
form thereco.
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ST A 'l'E;.OP,.."..,...."""""..".."""""",
,Coun ty of.'............ ...-...'....... .:_..................
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PARTNERSHIP FORM
On: this............... day of........ ~ ~~ :.,....-. ;,:;' ... .... .A.D.. 19...... ,before me... ......_. .._;....'...... ....... .......... .......... ",.._._,._...':...;.. ..... '"
'-s..Notary Public in and fGr.-the said County:'ul'lq State. residing therein, duly'co~J!ti.~s.ioned and sworn. personally aiipeared......
...................... .:.. ..........................,.........._.~.......:.............. ,known to me to be one of the partners of-r.he:?artnership ,tha~
executed the within;inslrument. and acknowle"dged to me t~at. such),partnership:',executed tOe same.
]11 Witnrss WIJrrroCI have 'hereunto se~ my hand and sffixed my official seal the day and year in thiscertificat.e first
.above, written..
..............;........;...........................................,................
Notary 'Public 'in and for said County and'State.
, GENERAL FORM
STA 'l'E:OF"".." ......"""...."".., ,....,'..,
County. of............................... ..... .... ...
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On th'is....~.. ..... ....... .day of... ..... ....... .,:..........._;.. :'.\.0., 19..... .... before, me,:....... ........ ..,.................... ........................
a Notary Public in and for the said Coi.tn:~y'a"rid State, residing therein. du.ly',c.ommissioned and swam, personally .appeared......
.....................................................................................................................................................................
personally known ,to me to be the pers.on..:..~..whose name .... ............ .......,'._..:.subscribcd to the within Instrument, and duly
acknowled'ged to me.lha.t.........~he;.........executed the same.
]J) Witness Wbrrraf, I have hereunto set. my hand- and ajflxed my o'fficial seal. the day and. year In lhis certificate first
above wri tten.
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Notary Public rnl;'and for said County and State.
STATE OF ,tI(g,0.J. ..r!Q0.~ ",,',,, ",'..
County o.f....!~h~;:.W...>:'O.gf:....:..........
CORPOR..\'HO:-l EOR\!
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I~~~~E. KELLY , .'
Notary PUbIiC'4S48tate905f46New York ,......, ~,c::<2::....~..,.. ..,ct/g~~....
No, 2, 5 .... - '''Y
. . Qya,lj~ied i~ :~i,ngs County t\O Notmy,publlc In;,und fnr,sOld,County r..nd Stnle.
Commission EXplres',May 12,19..
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