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HomeMy WebLinkAboutCT 90-15; Aviara Land Associates LP; 1992-0591496; Subordination AgreementRECCG->!C; REGNESTED ay -, A JlLE CO WHEN -*D RECORDED MAIL TO: j ) 18 70 17-SEP-1992 D~L # 1992-0591496 03'59 PPI CITY OF CARLSBAD i ^".".. """" 1200 Carlsbad Village Drive ) UttILIAL KUUKUh Carlsbad, CA 92008 ) SBN DIEGO COUNTY RECORDER'S OFFICE 11017 2-1 0 hNNETTE EUElNS t COUNTY RECORDER Space above this line for Rec&hr's us&.dO SUBORDINATION AGREE?fENT NOTICE: THIS SUBORDINATIONAGRE~WTRESULTS IN THE OFFER OF DEDICATION TO THE CITY OF CARLSBBD, 'OF. RIGHTS OF WAY 1952 by cp, '&%aware Limited &a hereinafter referre$,tc) .'as ,4fOpert1, .and the D.aniels Cablevision, Inc., a Delawa?&,&osgoi&ion holder of an utility easement lzecarded in the office_Gf. the t;aunty Recorder as Document No. '90-29g.i75 0% Official Records,'l,~i~~~~fter ~~.~ ' referred to as ltutility ea&ii~ien%~~ covering &,~ &n &&,rt and Nightshade: Drive as 'si& on City of Carlsbad.":Tra~t::Wo. 90-15 Unit No. 3,' .in the- City. -of Carlsbad, County of 'San 'Dikcjo,:, State of California,, a+ording $0 Map thereof NO. 129 71 ,:-,filed 'in'Qa office of'tiie'cocnty Recorder of the ,199z said utility easement "lking , $&&!. +ar&dirX+, ~ described as public utilities, ingress and egress'kasement~ recorded on June 1, 1990 as File No. 90-298175 of Official Records of San Diego County: and 1:.. ,. ., .. . ... .,, ., ,, ', , ... ,.. ,. ', ,, . ,,., ,., ,~~;'~ .. ~~ , .I*". . . " - -. .., ~. .- -. ,, L .: , .,. ,, ,,., ,1 ,, ,, ,.' County of Sari ~~~~o,,' qh. '~, SDP*WB& ~~, '17, ti. :,, ,, ,,.. .,, , ~ ..( ., ;, , . .. ., ,,,, '~ j,/' , ,*,,, .,, ,' ~.~,~,.~ , ., ,,'(_ . ~ .,.:::'. WHEREAS, Owner has executed, or is about to execute said Map and, as grantor, offers dedication of Rights of Way, on said Map in favor of the City of Carlsbad as grantee, herein referred to as lCity,nf creating Rights of Way as shown on said Map; and WHEREAS, City is willing to accept said offers of dedication provided the dedication is a charge upon the above described property prior and superior to the utility easeaent above mentioned Ag-tsW-24B.fn 1 Rev. 01/10/91 and provided tnat the Daniels Cablevision, Inc. will specifically and unconditionally subordinate the portions of said utility easement located within those portions of said Map that include areas offered to City as dedications for rights of way; and WHEREAS, it is to the mutual benefit of the parties hereto that City accept said dedication and the Daniels Cablevision, Inc. is willing that the dedication shall, when recorded, constitute a charge upon said land whK&,'!&:u itionally prior and superior to the uti1 I ,::: ., :,mutual benefits accruing %e- Vaibab$+ eonsideration, the rece&k ansideration is hereby acknowledged, '8riU'in order to induce City to accept :&id dedication above &erred. to, it is hereby -declared, undersiood 'aM agreed as ~~.~ ~..:::, ,. ,. ,...,, ,, ,. fOllOW&~. ' , , ,, '. ,. ', ,::::' ' ~ ((, , ,. ,., ,,, , , .' .' 1.. ':'(%'hat said dedication ','. ,.:~; in '~favor.',:af:.:~~~ity shall uncond&&i&i,ly be. &. reqain at all ti s ,a"chdq~"& '& property therein 'dascribed, piior' and superior' t<'%hhs utility &kement above mentioned,, :. , ,' '... ',,, ~ .. .,. ,, ., ., .. , ,.. ,. .. ,: ,, ., .. , ', ,, ,, , ,. , ., ,, '. . z;. , , ' , e.., e,City would not a&ep%-'said kidication above ,, , ,.. I), described wit&& thig. +&inb%za~. ag+eeientc . ': ,, , .. .~, . sl&l ;.&"the whole and only agreement with reg i&t"ion 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 forthe subordination of the dedication thereof to another interest in the real property therein described. ,, ,. ., , ,; -,...~~, .., ' , ., The Daniels Cablevision, Inc., declares, agrees and Agreemmto\lG-24B.fn 2 Rev. OlllOlPl _. 1872 3 Rev. 01/10/91 ,-. 1873 -. 3. An elldorsement 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 13 day of d’kmki$6k ,19*. EASEMENT HOLDER: OWNER: Aviara Land Associates Limited -.~;~:;~.. , .~ . ~ ~~.~ Partnership, A Delaware Limited By: By : Ted L. Hoover, Assist. Swre&ir/ must be attached) (Proper notarial acknowledgement of execution by EASEMENT HOLDER must sign for corporations. If only one officer signs, the (President or vice-president and secretary or assistant secretary corporation must attach a resolution certified by the secretary or assistant secretary under corporate seal empowering that officer to bind the corporation.) APPROVED AS TO FORM: P. RoMALD 4. 8ALL City Attorney By : Deputy City Attorney 4 Rw. 01/10/91 .^ State of CkLifornia 1 county of /P&O within instrument and acknowledged to me that ?n&$hq/they executed mUeae&- to be the person(s) whose name Is) ware subscizbsd to &e. the same in Wbqltheir authorized capacity (ies), and that by -1 */their signatures (5) on the ios-nt the persons.(s) , or the en- tity upon behalf of which the person(s1 acted, executed the inst-ma- ment . WITNESS my hand and official seal. n (Seal 1 State of California County of 5AJ BICb - within instrument and acknowledged to me that-h&she/they executed e&desce) to be the person (s) whose name Xs 1 -k/are subscirbed to the. the same in &h4mT/their authorized capacity. (ies) , and that by his/ her/their signatures (s) on the in&x.ument the persons (9) , or the en- tity upon behalf of which the person(s) acted, executed the instru- ment. WITNESS my hand and official seal. (Seal