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HomeMy WebLinkAbout; Aviara Land Associates LP; 1992-0591494; Subordination AgreementCITY OF CARLSBAD 1200 Carlsbad Village Drive ) OFFICIkL RECORDS Carlsbad, CA 92008 ) SAN OIEGO COUNTY RECORDER'S OFFICE 110/20 - io (rNNETE"L COUNTY WER Space above this line for RecQmer's us4,OO SUBORDINATION AGREEMENT NOTICE: THIS SUBORDINATION AGREEMENT RESULTS IN THE OFFW OF DEDICATION TO THE aha hereinafter referred-,.to ,as ('Owner", and the Daniels Cablevision., Inc., a De1aware':ijorporation holder of an utility easement re&rded in the off ice bT: tlie County ., Recorder as Document No. 90-29iii~'tif Official Records h&?&&fter referred to as "utility ede&entn' covering Caspian '≠'& :bhobM'oh %ity of Carlsbbd Tract I@. 90-15 Unit No. 1, in tBe.'jXfty:''of Caslsbad, County 'of Sah ' DikgO, State of California, :+c@&rd$ng to Map thereof NO. . fz")bq ' , .filed in the office of tw''i!di+y Rbewder of the Cd&rt$ Qf $m' Diego, on - ,c: 199.i?-" , ~. ' ., , !ia.ih~ utilLty'(ka6ement being more particularly descr2h;W::& pwlic' Utilf&i~&i,' ingress and egress easement recorded on June'l;'"~59~'8s::Fi~e No. 90-298175 of Official Records of San Diego County; and . ,. ,. ,. .. .. ,',, ,, ,., ~~ : ,. .~ . ,, .. ,. ,, .,, ,., - . "".- , ~ ..,, ., ,. ,, . ', . ~.' ~ ~ .. 5EPTEH&X 17% ~ ~ ,, .~ .,,', . . ,., .1 .:,:~~ ..,, ' . ... , (( .~~ ,,. , ,.,i..' . ~~':; (, ~~ ~,.~. ,. ~,~~' .. WHEREAS, Owner has executed, or is about to execute said Map and, as grantor, offers dedication of Riqhts of Way, on said Map in favor of the City of Carlsbad as grantee, herein referred to as 8fCity,1r creating Rights of Way as shown on said Map; and WHEREAS, City is willing to accept said offers of dedication provided the dedication is a charge upon the above described property prior and superior to the utility easement above mentioned Agree8entsUG-24E.fn 1 Rev. 01/10/91 I 186 1,- and provided that the Daniels Cablevision, Inc. will specifically 'and unconditionally subordinate the portions of said utility easement located within those portions of said Map that include areas offered to City as dedications for rights of way; and WHEREAS, it is to the mutual benefit of the parties hereto that City accept said dedication and the Daniels Cablevision, Inc. is willing that the dedication shall, when recorded, constitute a charge upon Dally prior and superior to the uti1 ual benefits consideration, n is hereby acknowledg&&, 'end in order to indace City to ab&pt.daid: dedication above r&&r$&cl. &, it is hereby 'declared, understood agreed as ., , ., ,, ' ., .,, , , . ,,. .-,, uncondif&OneXly be, &Ad rentain at all timk a charge'on the property therein '&e&ri$ed, p&r' and superior ,e0 ,the utility ea&ment above mentioned. .', :I ; ,;. ~ ; :~ ~ .,,, . , ,,. , ',,. ', . '. . ,. City woald not wzcebt'said :&dication above ., ,. described wikhuut fh& ,. 46 j++ihxC&irekmknt; . ' . ,,.,, . , ; ., ' ., . ~ O((' ,' ' 3. Th&g: : thi. ~g&&t ;, shill ~ be .the whole and only agreement with regard~.W':fil$ct:: cjriSYfiation of utility easement above mentioned to the dedication in favor of City and shall supersede and cancel, but only insofar as would affect the priority between the utility easement and dedication hereinbefore specifically described, any prior agreement as to such subordination including, but not limited, those provisions, if any, contained in the utility easement above mentioned, which provide for the subordination of the dedication thereof to another interest in the real property therein described. ,. '.. ., .,y,, ', (. ,.~ '..,' ,,,.,: ,... ; ., ,. ', ,. .. ., .',, . .',,, . ., The Daniels Cablevision, Inc., declares, agrees and AgreemmtsW-248.fn 2 Rev. 01/10/91 - acknowledges tnat: 186b 3 Rev. 01/10/91 .. - 1863, 3. An endorsement has been placed on the utility easement above mentioned that said utility easement by this instrument is subordinated to the charge of the dedication in favor of City above referred to. ,. Executed this /-? day of NO)/fAbfA I 193L. EASEMENT HOLDER: OWNER: Aviara Land Associates Limited ' I Partnership, A Delaware Limited , formerly Pacific By : By : must be attached) (Proper notarial acknowledgement of execution by EASEMENT HOLDER must sign for corporations. If only one officer signs, the (President or vice-president and secretary or assistant secretary corporation must attach a resolution certified by the secretary or bind the corporation.) assistant secretary under corporate seal empowering that officer to City Attorney n By : 0 / /L- ' Deputy City Attorney Ag-tsUC-UB.fn 4 Rev. OlflOf5'l 1864 State of CaliZoda On per 2ersonally known to sa&3-e& to be the person (SI whose name Is ) %/are ~ subscizbed to &e. within instrument and acknowledged to me that wm/they executed the sama in hwh&q/their authorized capacity (ies), and & h&/ -/their signatures (SI on the ins'hnrunent the persons. (SI, or the en- ment . taty upon behalf of which the person (s ) acted, executed the inst=- WITNESS my hand and official seal. ~-~ """ (Seal) Signature State of California County of 5AJ am+ On kCel.rh.?E~ qi' 179 I before-me, LhOA A' QbYcG personally appeared ; e5 c personally known to me Wvad t+ avie) to be the Person (s 1 whose name :Is 1 Ware subscirbed to the. within instrument and acknowledged to me that-/they executed the same in -eir authorized capacity. (ies) , and that by .&& -/their signatures (s) on the in-ent the persons(s), or the en- tity upon behalf of which the person(s) acted, executed the instru- ment. WITNESS my hand and official seal. 'I (Seal