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Subordination Agreement 1980-342580 • 00142S. _ 900K ;get RtCORJ_:; RF: v: r Of • ACCOMMODATION FILIIi, 41,4.„r�,�,.,, /> • RECORDING REQUESTED BY : . POWAY MUNICIPAL WATER DISTRICT Ocr 16 9 16 rim ID WHEN RECORDED MAIL TO OFFICIAL RECOkOS POWAY MUNICIPAL WATER DISTRICT SAN DILGO (, •/' "Y, CAL' P. 0. BOX 348 VERA L. L7 t E RECORDER RECORDER: POWAY, CALIFORNIA Please make no ch,r?: 92064 for record;ng ached in;t•umci.t. It IS being r,cc:di•d NO FEE connection w;t:,a Gov- ernmentalAycn.y tra- THIS SPACE FOR RECORDERS USE SUBORDINATION AGREEMENT FOR VALUE RECEIVED, the undersigned,as Beneficiary under a Deed of Trust dated November 26, 1979 recorded in the Office of the County Recorder of San Diego County December 18, 1979 ,File No. 79-526665 and as owner and holder of the obligations thereby secured does hereby make subject and subordinate the liens thereof to the Easement granted by Winton Investments, Antonio Ulloa, and Eulalia Ulloa 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 13, 1980 ,File No. 80-257455 ,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 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, relinquishment, and subo •ination. Dated: �r+ �r /S 19 BENEFICIARY: .. • in and eel Co. AIP R/W No. 325544-R B. . !/�-�/��a/," i ' -1 11 / Exc. No. /�/ 11A /1,11r. , Project : District Easements Ck �At ) By' ? ' '' ��� ALL SIGNATURES MUST BE ACKNOWLEDGED NOTARIES: Use proper form attached or staple appropriate form thereto. F1r. 4J/ '7' • 2070 • 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. J11 !ilfltSS DAXItof,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. J11 Witness Thjtfadf,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..fA'1�1t`D"r14 County of... AM!..PMP ss On this /s day of.. Q4~7 d" A.D., 19eg' before me keit C. Ale �d a4,Lid a Notary Public in and for the said County and State, residing therein, duly commissioned and sworn, personally appeared ,44 • Iorece..64 known to me to be the President an d.....6•404144c.A"0,4s; AI' 'SO.' known to me to be the Secretary of the RIR.4:414 ...,.2.r'R.tf . ... the Corporation that executed the within Instrument, known to me to be the persons whs executed the within Instrument, on behalf of the Corporation therein named, and acknowledged to me that such Corporation executed the same. .Il U)itnt55 /I)f)tl•tOf,I have hereunto set m • ••. a ixed mtdFR? .i . Ace e 0,4 and year in this certificate first above written. 1 ALEX C. McDONALD ,a .i'e,,�a,�,:�,r�5,■:.°.rh15• •r:Vev`■1 C7 NOTARY PUBLIC •CALIFORNIA OFFICI SEAL • 1� Principa of'ceinSa riegoCounty /• / tA ��- ..n Auq.e. • c�°' NOTA •JBLIC ' CALIFC7 dA t N�% T •` Princip I 'e.San uiego Co.Calif. Notary Public in and for said County and State. •, . My C. missio •. Aug. 7. 1980 ;11ti 1Yrti Wt'LWY'LY