Subordination Agreement 1980-318809 • . 318,509
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3P,i�MODATION F.1tl L
R�CCc90t�K��° y- - JF
Lind gide .Iluura ce Co.
RECORDING REQUESTED BY :
POWAY MUNICIPAL WATER DISTRICT SEP 3�U 9 46
WHEN RECORDED MAIL TO OFHIC,AL RECOF-:DS _
POWAY MUNICIPAL WATER DISTRICT SAN DILkA GUUhiY. CAL
VERA L. LYLE
P. 0. BOX 348 RECORDER
RECCr MTI
POWAY, CALIFORNIA P Imps*Moho no charge
for recording the et-
92064 itched Instrument. It
Is being recorded In
connection with s Gov•
ern
^ S?)
. )�[ / osemeoon. Agency the• THIS SPACE FOR RECORDERS USE NO FEE
,1✓1 /`f) SUBORDINATION AGREEMENT
FOR VALUE RECEIVED, the undersigned,as Beneficiary under a Deed of Trust dated January 23, 1980
recorded in the Office of the County Recorder of Son Diego County _January 25, 198n ,File No. 80-029633
and as owner and holder of the obligations thereby secured does hereby make subject and subordinate the liens thereof to the Easement
granted by Richard F_ and Jean V. Wilcox, William A. and Joan E. Taber, John E. and
V. Jean Rodenkirck, Joseph D. and Victoria Balistrieri , Luther C. and Dorothy J. Nash
to POWAY MUNICIPAL WATER DISTRICT, it being understood and agreed that foreclosure of said Deed of Trust shall not affect,
defeat or render invalid any rights under and by virtue of said easement, and said easement shall be paramount and superior to the
rights of any purchaser under a foreclosure of said Deed of Trust.
Said easement was recorded August 11 , 1980 ,File No. 80-254667 ,and affects the real property
described in said Deed of Trust.
The undersigned Beneficiary of said Deed of Trust declares and acknowledges that it hereby intentionally waives, relinquishes,
and subordinates the priorities and superiorities of the lien and charge of said Deed of Trust upon the land described therein in
favor of sold easement, and that it understands that in reliance upon and in consideration of this waiver, relinquishment, and
subordination specific monetary and other obligations will be entered into by Third Parties which would not be made or entered
into but for said reliance and the execution by Beneficiary of this waiver, relinquishment, and subordination.
Dated: August 21, 1980 BENEFICIARY: JOHN E. RODEN K, INC.
R/W No. 325.531-R •
Exc. No. 6 By. 7
Project :._Poway Palms
ALL SIGNATURES MUST BE ACKNOWLEDGED
NOTARIES: Use proper form attached or staple
appropriate form thereto.
D� 3�2 �
•
1308
PARTNERSHIP FORM
STATE OF
County of ss
On this day of A.D., 19 before me
a Notary Public in and for the said County and State, residing therein, duly commissioned and sworn, personally appeared
known to me to be one of the partners of the partnership that
executed the within instrument, and acknowledged to me that such partnership executed the same.
Al Witness Whereof,I have hereunto set my hand and affixed my official seal the day and year in this certificate first
above written.
Notary Public in and for said County and State.
GENERAL FORM
STATE OF
County of ss
On this day of A.D., 19 before me
a Notary Public in and for the said County and State, residing therein, duly commissioned and sworn, personally appeared
personally known to me to be the person whose name subscribed to the within Instrument, and duly
acknowledged to me that he executed the same.
in Witness Whereof,I have hereunto set my hand and affixed my official seal the day and year in this certificate first
above written.
Notary Public in and for said County and State.
CORPORATION FORM
STATE OF California
County of Sa.r E iFLIo j ss
On this 21st day of. August A.D., 19.8G., before me Doris..J...Schultz
a Notary Public in and for the said County and State, residing therein, duly commissioned and sworn, personally appeared
* * *John..E....Radenki.rc.k* * * * * * * * known to me to be the * * * * * President
anio * * * * * * known to me to be the* * * * * * FiviicrekorY
of tom..*JOHN..E....RQQEIIJURCK,..INC * * * * * * * * *
the Corporation that executed the within Instrument, known to me to be the persons who executed the within Instrument, on
behalf of the Corporation therein named, and acknowledged to me that such Corporation executed the same.
ill Witness WIjertof, I have hereunto set my hand and affixed my official seal the day and year in this certificate first
above written.
OFFICiAt. SEAL
C^ 15 J. SCHULTZ _NN •
11
a,. NC t t,RY PUBLIC-CALIF.
PRiNCiPAL OFFICE IN Notary • bl n and for sai ounty and State.
SAN DIEGO COUNTY Dori , Schultz
s My Commission Expires July 11 1983