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HomeMy WebLinkAbout; Great American First Savings Bank; 86-418144; Subordination AgreementSUBORDINATION AGREEMENT Great imerican First Savings Bank I986 SEP 22 f" 2: 2 I holder of the beneficial interest in a deed of trust dated August 24, 1932 , and recorded Septerher 10, 1382 82-282031 , of Official Records, in the County of San Dieao. State of California. affectina the hereinafter described real pr6perty in said County and State: HEREBY subordinate(s) the encumbrance, lien, or charge of said deed of trust to the easement over said land conveyed to COSTA R%AL K-UNICIPAL EATER DISTaICT by instrument recorded August 25, 1986 as File #86-367153 and AGREE that foreclosure or other enforcement of rights under said deed of trust shall not affect said easement. The easement described in this agreement affects that real property in the County of San Diego, State of California, described as follows : See attached legal description: STATEOF CALIFORNIA COUNTY OF San Diego 1127 0" &rll 18 1986 Mom me the under- ron WTUY ~KIL on STAMP signed. a Notary Public in and lor said County and State. prwmlly .-& Linda Zaldivar praonally known to me (or proved to mr, on ths basil of Ytlll.Ctory svidenq) to be the Asst. Vice Brian Wissinger __ , known to me (or proved to me on the Daail of satisfactory mi&"-) V of the CorpDntIon executed the within instrument on behalf 01 the corporation therein named, and that executed the within instrument. known to me to be the pmns who uled the within instrument Admin. Officer or a resolution dits EXHIBIT "A" Page 1 of 2 PARCEL "D' THAT PORTION OF LAND LYING IN LOT 3 OF RANCHO AGUA HEDIONDA IN THE CITY OF CARLSBAD, COUNTY OF SAN DIEGO, STATE OF CALI- FORNIA, ACCORDING TO MAP NO. 823, FILED IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY ON NOVEMBER 16, 1896, MORE PARTICULARLY DESCRIBED AS FOLLOWS: A STRIP OF LAND 10.00 FEET IN WIDTH, LYING 5.00 FEET ON EACH SIDE AND PARALLEL WITH THE FOLLOWING DESCRIBED CENTERLINE: BEGINNING AT THE NORTHEAST CORNER OF PARCEL "A" ACCORDING TO PARCEL MAP NO. 11908, FILED IN THE OFFICE OF THE COUNTY RE- CORDER OF SAID COUNTY JANUARY 20, 1982; THENCE SOUTH O"36'38" WEST (SOUTH 0'34'50" WEST RECORD) ALONG THE EASTERLY BOUNDARY OF SAID PARCEL "A", 327.24 FEET TO THE TRUE POINT OF BEGINNING;. THENCE LEAVING SAID BOUNDARY NORTH 21'04'03" EAST 49.46 FEET TO THE BEGINNING OF A CURVE CONCAVE WESTERLY HAVING A RADIUS OF 767.00 FEET: THENCE NORTHERLY ALONG THE ARC OF SAID CURVE THROUGH A CENTRAL ANGLE OF lO"37'16" 142.18 FEET; THENCE NORTH lO"26'47" EAST 127.00 FEET TO THE BEGINNING OF A CURVE CONCAVE EASTERLY HAVING A RADIUS OF 300.00 FEET; THENCE NORTHERLY ALONG THE ARC OF SAID CURVE THROUGH A CENTRAL ANGLE OF 2"11'01' 11.43 INUS. THE SIDLINES OF PARCEL 'D" TO BE LENGTHENED OR SHORTENED TO MEET AT THE TRUE POINT OF BEGINNING ON SAID EASTERLY BOUNDARY LINE OF PARCEL "A" WHICH BEARS NORTH 21'04'03" EAST. '* 'FEET; THENCE NORTH 12'37'48" EAST 53.72 FEET TO A POINT OF TER- i .- . .. . ..