2002-360696 DOC 002-05606c)6
RECORDING REQUESTED BY: APR 29
THE CITY OF ENCINITAS OFFICIA[ RE~D$
Sm DIEGO~UNTY RECORDER'S OFFICE
AND WHEN RECORDED, MAIL TO: 6~GORY ~. SMITH, ~0~TY REORDER
FEES: 0.00
Attention: CITY CLERK
CITY OF ENCINITAS
505 South Vulcan Avenue
Encinitas, CA 92024-3633
NO FEE GOV. CODE Space above this line for
SECTION 6103. Recorder's use only.
ASSESSOR'S PARCEL NO. 258-130-72
PUBLIC PROJECT NAME Quail Gardens Drive Improvement Project
?~ SUBORDINATION AGREEMENT
For valuable consideration, the receipt and of
sufficiency
which are hereby acknowledged, and the execution of the attached
Grant Deed in connection with public right of way improvements for
public street purposes by the owner of the lands and premises
therein described, the terms of which are incorporated herein and
made a part hereof, the undersigned being the owner and holder of
all the indebtedness secured by that certain Deed of Trust dated
October 14, 1997, and recorded on October 21, 1997, as Official
Document No. 1997-0524379, in the Office of the County Recorder of
San Diego County, State of California, does hereby agree that the
grant to the CITY OF ENCINITAS, a municipal corporation, ("City")
attached hereto, covering a portion of the said lands and premises,
shall be, and is hereby made paramount to said Deed of Trust and
the lien thereof; that said Deed of Trust, as to the lands and
premises is hereby subordinated to said grant for right of way
purposes to said City, and in the event of foreclosure of said Deed
of Trust, the Trustee's sale and conveyance thereunder of the lands
described therein shall be subject to said grant to said City, and
said grant shall not be affected thereby.
Subordination Granted By: Accepted by:
MISSION FEDERAL CREDIT UNION CITY OF ENCINITAS, a municipal
corporation
(ATTACH NOTARY)
EXHIBIT A (LEGAL DESCRIPTION)
RIGHT OF WAY FOR PUgLIC STREET PURPOSES
PARCEL NO. 25L1~0-72
BEING THAT PORTION OF THE EAST ~ OF THE NORTHWEST QUARTER OF THE
NORTHEAST QUARTER OF SECTION 15, TOW~SItI~ 13 SOUTH, RANOE 4 WE~T, SAN
BEI~ARDINO BASE AND MERIDIAN, IN THE CITY OF ENCINITAS, COUNTY OF SAN
DIEGO, STATE OF CALIFORNIA, ACCORD~G TO UN1T~D STATES OOVERI~rMEI~'
SURVEY, APPROVED APRIL 19, 1881, DESCRIBED AS FOLLOWS:
COMMENCINO AT THE SOUTHWEST CORNER OF THE NORTH 2 ACRES OF THE
NORTHEAST QUARTER OF THE NORTHWEST QUARTER OF THE NORTHEAST
QUARTER OF SAID SECTION 15; THENCE SOUTH $$'21'52" EAST 4.83 FEET ALONO
TH~ SOUTHERLY LINE OF SAID NORTH 2 ACRES TO THE BEOINNINO OF A NON-
TANOENT CURVE CONCAVE EASTERLY HAVINO A RADIUS OF 1972.00 FEET, A
RADIAL LINE THROUGH SAID POINT BEARS NORTH 8~'~0'4Y' WEST; THENCE
SOUTHERLY 103.66 FEET ALONO SAID CURVE THROUGH A CENTRAL ANGLE OF
3°00'43"; THENCE SOUTH 1'05'32" W~ST 41.36 FEET TO THE SOUTHERLY LINE OF
TH~ NORTHERLY 145.00 FEET OF THE LAND DESCRIBED IN THE DEED ~
RICHARD CAMPBELL AS RECORDED NOVEMBER 9, 1964, SERIES $, BOOK 1964 AS
FILE NO, 203960 OF OFFICIAL RECORD, SAID 145.00 PEET BEING MEASLr~D
ALONO THE WESTERLY LINE OF SAID LAND TO RICHARD CAMPBELL; THENCE
NORTH g$°21'52" WEST 3,58 FEET TO THE WESTERLY LINE OF SAID LA~H2
CONVEYED TO RICHARD CAMPBELL; THENCE NORTH 1'43'26" EAST 145,00 FEET
ALONG SAID WESTERLY LINE TO THE POINT OF COMMENCEMENT,
CONTAIIX~I~O AN AREA OF 506 SQUAR~ FEET, MORE OR LESS.
PREP~-~ED BY ME OR UNDER MY SUPERVISION:
EXPIRES: 12/31/0!A M. BEAL, P.LS. 4955 DATE
~lofl
CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT
State of California
County of San Diego
y known to me- OR ~ proved to me on ~e b~is of safisfacto~ evidence
to be th~ pe~on~hos~ n~es~is/a-c ~ubscfibed to ~e
within ins~m~nt ~d ac~owlMged to m~ ~at~he~
I -~ ~:Ea r- .:.a~-~..- ~ ex~uted ~e s~e in~er/~ au~ofized capaci~,
t Commimion · ~n~ ~ ~d ~at by ~%er/~signamres~on the instrument the
~ ~ nom~ Pu~ic - Call.mia ~ perso~ or ~e entity upon beha~ of which ~e perso~
~ ~ sa. o~o Coun~ ~ acted, ex~ut~ ~e ins~ment.
.............. W~SS my h~d ~d offici~seal
OPTION~
~ough ~e data below is not r~uir~ by law, it may prove v~uable to persons rel~ng on ~e document ~d could prevent ~udulent
reattachment of this fo~.
~AuII'Y ~BYffi~ D~OFA~A~~
~ INDIVIDU~
~ CORPORA~ O~ICER
TITle(S) TITLE OR TYPE OF DOCUM.~qT
[] PARTNER(S) [] LIMITED
[] GENERAL
[] A'I~ORNEY-IN-FACT NUMBER OF~PAGES
[] TRUSTeE(S)
[] GUARDIAN/CONSERVATOR
[] OTHER:
DAT~ OF DOCUMENT
SIGNER IS REPRESF3/TING:
NAME OF PERSON(S) OR ENTiTY(IF~)
SIGNER(S) OTHER THAN NAMED ABOVE