Laserfiche WebLink
of <br /> • <br /> 7 , 2011185169 06/30/2011 08:30 AM <br /> ! OFFICIAL RECORDS OF ALAMEDA COUNTY <br /> 73.7.4, PATRICK O'CONNELL <br /> C .1(„ RECORDING FEE: 39.00 <br /> RECODING REQUESTED BY II I I III 1111 II II II I I I it 9 PGS <br /> First American Title Insurance Company National <br /> Commercial Services <br /> AND WHEN RECORDED MAIL DOCUMENT TO: <br /> City of San Leandro <br /> 835 E. 14th Street Q( Q\ <br /> San Leandro CA 94577 1 <br /> Space Above This Line for Recorder's Use Only <br /> A.P.N.: 077B- 1201 - 027 -15 File No.: NCS- 485204 -CC (hm) <br /> • <br /> SUBORDINATION AGREEMENT <br /> (EXISTING TO NEW) <br /> NOTICE: THIS SUBORDINATION AGREEMENT RESULTS IN YOUR SECURITY INTEREST IN <br /> THE PROPERTY BECOMING SUBJECT TO AND OF LOWER PRIORITY THAN THE <br /> LIEN OF SOME OTHER OR LATER SECURITY INSTRUMENT. <br /> THIS AGREEMENT, made this Nineteenth day of May, 2011, by <br /> The Davis Street Community Center Incorporated, a California non- profit corporation <br /> Owner of the land hereinafter described and hereinafter referred to as "Owner ", and <br /> The City of San Leandro <br /> present Owner and Holder of the Deed of Trust and Note first hereinafter described and hereinafter referred to as <br /> "Beneficiary"; <br /> WITNESSETH <br /> THAT WHEREAS, Owner has executed a Deed of Trust dated July 09, 2009 to The City of San Leandro, as <br /> Trustee, covering: <br /> PARCEL 1, PARCEL MAP 1057, FILED JANUARY 17, 1973 IN BOOK 76, PAGE 88 OF MAPS, ALAMEDA COUNTY <br /> RECORDS. <br /> to secure a Note in the sum of $500,000.00, dated July 09, 2009, in favor of The City of San leandro, which Deed <br /> of Trust was recorded June 30, 2010 in Book n /a, Page n /a, or Instrument No. 2010181819, of said County; and <br /> THIS DOCUMENT IS BEING EXECUTED IN COUNTERPARTS, WHICH WHEN DULY EXECUTED WILL <br /> COMPRISE ONE SINGLE DOCUMENT <br /> Page 1 of 6 <br />