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Subordination Agreement 1980-333575r\ i - ® 7 7 7 -tL- on 19 �O -33_3575 RECOPr3 RE LAND TITLE INSURANCE COMPANY RECORDING REOUES TEO BY : (� u Q(� POWAY MUNICIPAL WATER DISTRICT OCT `+ 46 AM '80 . WHEN RECORDED MAIL TO: OFFICIAL RECORDS POWAY MUNICIPAL WATER DISTRICT • SAN DIEGO COUNTY.CALl7. VERA L. LYLE . P. 0. BOX 348 ' rlIEGORDER RECORDER: POWAY, CALIFORNIA Nines make no charge for recording the att. . 92064 - ''ached Instrument. It NO FEE Is being recorded In connection with a Goy. ernmental Agency tra. nsection. THIS SPACE FOP RECORDER! USE SUBORDINATION AGREEMENT FOR VALUE RECEIVED, the undersigned,as Beneficiary under a Deed of Trust dated February 22, 1980 • recorded in the Office of the County Recorder of San Diego County March 13, 1980 ,File No. 80-086837 ,• and os 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 .lnan F TabPr, .lnhn_F and V Jean Rodenkirck, Joseph D and Victoria Rai ictrieri , Iiither r and flnrnthy 3 Nash . to POWAY MUNICIPAL WATER DISTRICT, it being understood and agreed that foreclosure of said Deed of Trust shall not of fect, 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 ;end of fects the real property described in said Deed of Trust. • The undersignea 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 said 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, rellliip�quuiiishm`�eenntt,,'and subordination. / es//�//���, Doted: AllCJllSt 22, 1980• BENEFICIARY' .t'.Y/,,L.14LeL a .-- '�--Z • Wilnliam A. Taber • R/W No. 325531 -R • ( ) � Exc. N o. 7 r ��rrzw• (- ! i7 2_,,,i 7 . Joan E. Taber Project: Poway Palms -- • m STATE OF CALIFORNIA 1 - n _ cmmTY.nc I _ _____ __ _ __ STATE OF CALI RNI�ff''-'') 1 1II It COU OF •V-Ge-/G,n�ISS. 1' Ong L ai /g i L� before me, FOR NOTARY SEAL OR STAMP the undersigned, a Nota Public in and fo said County and State, R personally appeared l(�L�eO.,/ GL�1-C.CJ - - .' C OFFICIAL SEAL • Grp ANNE M. HOLBO n' known to mc M }j NOTARY PUBLIC-CALIFORNIA Eto be the person(s)whose name(s)Pe, • subscribed to the within °^• PRINCIPAL OFFICE IN instrument and acknowledged that said personis)executed the same. SAN GIEGO COUNTY My Commission Expires May 20, 1983 ,0 % i a ,i, 3 fSignature . t/7.ea-e4 Notary Public in and for said County and State —1- < Notary Public in and fo> said-State. -- -- 6 i Lam. DOC: # 3sa 1 —_ . . . , • • • a L 4,1 . • . •, 1/214 _ - e:. ) • . clist40 la) . y (