HomeMy WebLinkAboutCB780041; Gutierrez, Angel A.; 2002-0371444; Future Improvement Agreement/ReleaseRECORDING REQUESTED BY LAYERS TITLE WHEN ECO DED MAILTO:
City Clerk
Clpl OF CARLSBAD
1200 Carlsbad Village Dr. Carlsbad, CA. 92008
16363 GREGOKY J. SElITH, CMTY KCOKDEK FEES: 1h. 00
SPACE ABOVE THIS LINE FOR RECORDER‘S USE
ASSESSOR’S PARCEL NO. 215-220-35-00
PROJECT NO. & NAME: CB 78-41
Gutierrez Property
SUBORDINATION AGREEMENT
FOR FUTURE PUBLIC IMPROVEMENTS
This subordination agreement is made between the City of Carlsbad, a municipal
mporation, hereinafter referred to as “City” and Angel A. Gutierrez, Jr., hereinafter referred to
3s “Property Owner“
SUBORDINATION AGREEMENT
City hereby agrees to subordinate any right, title, or interest created by that certain
jocument entitled ”Contract for Future Public Improvements” between Michael S. and Lillian H.
Matatwe and City, dated March 23, 1978 and recorded in the office of the San Diego County
Recorder on March 27, 1978, recorder’s file number 78-118237 to any purchase money
mortgage or purchase money deed of trust for property described as follows: Lot 206, La Costa
dalley Unit No. 4, as per map thereof No. 6781, filed in the office of the county Recorder on
September 14, 1966.
-
In addition, City agrees to subordinate any and all right, title and interest created by said
locument to any permanent loan secured by a mortgage or deed of trust for the purpose of
.efinancing said loan referred to above.
16364
This agreement shall be binding upon and inures to the benefit of the SuCCeSSOrS, heirs,
assigns and transferees of property owner and shall run with said real Property.
IN WITNESS WHEREOF, this agreement is executed on the day of
PROPERTY OWNER CITY OF CARLSBAD, a m ' ipal
By: &
(sign here)
Angel A. Guiterrez, Jr.
(print name here)
(title and organization of signatory)
By:
(sign here)
(print name here)
(title and organization of signatory)
attached.)
(Proper notarial acknowledgment of execution by BENEFICIARY AND OWNER must be
(Chairman, president or vice-president and secretary, assistant secretary, CFO or assistant
treasurer must sign for corporations. Otherwise, the corporation must attach a resolution
certified by the secretary or assistant secretary under corporate seal empowering the officer(s)
signing to bind the corporation.)
APPROVED AS TO FORM:
RONALD R. BALL
City Attorney
By:
16365
State of California 1 1 County of San Diego 1
personally appeared ALg'
(Name[s] of Signer[s])
, personally known to me -OR -
(or proved to me on the basis of satisfactory evidence) to be the person@) whose
name(s) idare subscribed to the within instrument and acknowledged to me that
he/she/they executed the same in his/her/their authorized capacity(ies), and that by
his/her/their signature(s) on the instrument the person(s), or entity upon behalf of which
the person(s) acted, executed the instrument.
WITNESS my hand and official seal
Signature of Nota
(This area for
official notary seal)
Date of Document A??'L 29, NO. of Pages 3
Signer(s) other than named above
~
State of California
Countyof 3Ad } ss.
personally appeared Llo ud lf*bbS
Narnels) of Signeris)
Epersonally known to me
0 proved to me on the basis of satisfactory
evidence
to be the personCsj whose name@$ isle
subscribed to the within instrument and
acknowledged to me that helsWt4ey executed
the same in hisl!+&tkir authorized
capacity(*), and that by his/!+&kir
the entity upon behalf of which the person(@
signature@) on the instrument the person(@, or
i acted, executed the instrument.
WITNESS my hand and official seal.
OPTIONAL
Though the information below is not required by law, it may prove valuable to persons relying on lhe document
and could prevent fraudulent removal and reattachment of this form to another document.
Description of Attached Document
Title or Type of Document:
Document Date: Number of Pages:
Signer@) Other Than Named Above:
Capacity(ies) Claimed by Signer
Signer's Name:
0 individual
C Partner - Ll Limited El General
i; Corporate Officer - Titie(s):
E Attorney in Fact
0 Guardian or Conservator
U Trustee
U Other:-
Signer Is Representing: