HomeMy WebLinkAbout1998-042409REQITESTED BY: �yt�p�y� 1 � (�.�
City of Arroyo Grande
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Doc No: 1998-042409 Rpt No
AND WHEN RECORDED MAIL TO: Of f i c i a 1 Reco rds
San Luis Obispo Co
CityofArroyoGraude Julie L. Rodewald
Recorder
Community Development Department J u 1 10 , 19 98
P.O. Box 550 T i me : 1 1: 10
Arroyo Grande, CA 93421 r 4 �
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APN 077-787-004
SUBORDINATION AGREEMENT
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NOTICE: THIS SUBORDINATION AGREEMENT RESULTS IN YOUR SECURITY
INTEREST IN THE PROPERTY BECOMING SUBJECT TO AND OF
LOWER PRIORITY THAN THE LIEN OF SOME OTHER OR LATER
SECURITY INSTRUMENT. (TffiS NOTICE REQUIRED BY CALIFORNIA
CIVIL CODE SECTION 2953.3)
THIS SUBORDINATION AGREEMENT is made and entered into this 3rd day of June,
1998 by and between AGRA, LLC, a Califomia Limited Liability company, hereinafter referred to
as the `Beneficiary," and ESJ CENTERS, LLC, a California Limited Liability Company,
hereinafter refened to as the "Trustor." The undersigned Beneficiary under Deed of Trust dated
October 29, 1997 and recorded on November 13, 1997, as Document Number 1997-064575 of the
Official Records in the Office of the County Recorder of the County of San Luis Obispo, State of
Califomia, encumbering the real property described in Eachibit A attached hereto and incorporated
00054242
16.00
16.00
by reference herein as though set forth in full, hereby acknowledges the Inevocable and Perpetual —
Offer to Dedicate an Easement for Drainage Purposes and Incidental Uses and the Irrevocable and
Perpetual Offer to Dedicate an Easement for Sewer Purposes and Incidental Uses, both of which aze
dated May 21, 1998, and executed by ESJ CENTERS, LLC, a California Limited Liability
/as instrument no. 199$-37z10 & 37z11
Company and recorded oo�x�m�d�xvitt� and does hereby subordinate the interests of its Deed
or Trustthereto.
IN WITNESS WHEREOF, the parties hereto have executed this agreement as of the day
and year first above written.
Y ilZi1.�1�
ESJ CENTERS, LLC, a California
Limited Liability Company
�
rts:
BENEFICIARY
AGRA, LLC, a California
Limited Liability Company
By: /�- � C c�cJc-�
its:
Managing Partner
T:\TRANS WGRIAGRA�SUBORD.1
State of Cali rnia�
County of
On u 3 iy efore me, �
IDAT �� �NAMERITLE 0
personally appeared
INAMEISI OF
RIGHT THUMBPRINT �Optionsl)
C� qTV CLAIMED BY SIONERISI
IVIDUALISI
CORPOPATE
ly known to me -OR- ❑
CA!'i.s\ vni tr.�
� C� 0 !C�C356 �
Watrny s^ r�l�e -- rzDtoMn
u..3 Nvc�.i 5s eoi u,,y
Miy Caism. t�:q aev :u7. irin
proved to me on the
basis of satisfactory
evidence to be the
personls► whose name(s)
is/are subscribed to the
within instrument and
acknowledged to me that
he/she/they executed the
same in his/her/their
authorized capacitylies),
and that by his/her/their
signaturels) on the
instrumentthe person(s),
or the entity upon behalf
of which the person(s)
acted, executed the
instrument.
Witness my hand and official seal
(SEAL�
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ATTENTION NOTARY
The information requested below and in the column to the right is OP710NAL.
Recording of this document is not required by law and is also optional.
It could, however, Drevent fraudulent attachment of this certifica[e to any
unauthorized document. / /J
THIS CER7IFICATE Trtb or Type o( Documant �J((/Ni���O� //',� (GfqT�
MUST BE ATTAq1ED
TO THE DOCUMENT NurtiMr of Ppe� � Date of Doeument
DESCHIBED AT RIGHT:
Sipnerld �� Than Nemed Ahave
WMCOTTS FORM !]4]] Rw. 3�it yxic� clm B�YAI �198< WOLCOTTS FORMS, INC.
ALL YlNiPoSE �CKNONILEDGMENT FON CAIIFOHNIA VJITH SIGNER CAPACITY/REVRESENTATION/fVJO FINGERPflINTS
OFFICER�S�
rtir�
❑PARTNERIS� ❑LIMITED
❑6ENERAL
❑ATTORNEV IN FACT
❑TRUSTEE�S�
❑ GUARD IA N/CON SER V ATOR
❑OTHER:
SIONEfl IS REPqESENTINO:
(Neme of Ponon�s� oi Enti[y�iee�
RIGHT THUMBPRINT �Optionsp
CAPAqTY CIAIMED BV SIONEBIS)
❑INOIVIDUAL�S)
❑COHPORATE
OFFICERIS�
rtrt�si
❑PARTNER�S� ❑UMITED
❑GENERAL
❑ATTORNEV IN FACT
OTRUSTEE�S�
�GUAROIAN/CONSERVATOR
❑OTHER:
SIONEH IS REPRESENTINO:
Weme ol Person��) or EMky�i���
� IIIII'IIIIIII IIIII I III3il) II 8
Eahibit A
Pazcel 4 of Pazcel Map AGAL 95-133 as recorded in Book 51, Page
83 of Pazcel Maps in the City of Arroyo Grande, County of San Luis
Obispo, State of Califomia in the Office of the County Recorder in
said County.
END OF E70CUluFEN7