Loading...
Subordination Agreement 1980-342581 I' F /091405C-11 BOOK :9?^ RECORDED RC::,::.i OF iL,i,i1MMUUAIION 1-1Ulit, �. Eand ddb gmaraece (o. RECORDING REQUESTED BY : `�+ h POWAY MUNICIPAL WATER DISTRICT OCT Ip 9 16 AN '10 WHEN RECORDED MAIL TO: OFFICIAL RECORDS POWAY MUNICIPAL WATER DISTRICT SAN DUO GUN rY. CAL"'. VERA '. LYLE P. 0. BOX 348 REOOROER POWAY, CALIFORNI •RECORDER: 92064 Please make no chnTEe for recording the att- ached Instrymeet. It Is being recorded In eon nectron with coy NO FEE niJ1A•eflC Ila' THIS SPACE FOR RECORDERS U SUBORDINATION AGREEMENT FOR VALUE RECEIVED, the undersigned,as Beneficiary under a Deed of Trust dated December 1 , 1975 recorded in the Office of the County Recorder of San Diego County July 12, 1979 ,File No. 79-289294 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 Eul al i a 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 mode or entered into but for`said reliance/ and the execution by Beneficiary of this waiver, relinquishment, and subor.' ation. Dated: C hKUIr /S' /480 BENEFICIARY: P•C fJ� • XSteel CO. R/W No. 325544-R By• 1Y'��//% i IA" ' Exc. No. 10 �7Ij Project : District Easements �'t BY: / • " �/ `�� ALL SIGNATURES MUST BE ACKNOWLEDGED NOTARIES: Use proper form attached or staple appropriate form thereto. FILE Dec. # 3 5 e _ 1 • 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. Mn Witile59 Wt,ttrdf, 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 sa 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. 3I1 !DitfleSS 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 � i4C641411A County of...>r17C/If!. .44!.040 ).ss On this 4127-44. day of..5.4�,� $fir A.D., 1919ej before me,... •.•P•. e • AlcAim&a a NotaryPublic in and for the said County and State, residing therein. duly commissioned and sworn, personally appeared ,c1/,.a. .5~♦{a known to me to be the President and C."d 04.1 L41P0• '4• gio04 known to me to be the Secretary of the 74E*,••";t7t - 'Ief...go) Pelt*, 4 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. Al UJitnes5 DAhefeot,I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written. ...nr-it. OFFICIAL SEAL ,�s>� ALEX C. McDONALD as- G ��, `ti-'. NOTARY PUBLIC • DiegoCoun 4"l� 7r} Principal Office in San Diego County; 410....641/ Notary Public in and for said County and State. My Commission Exp.Aug. 1. ERA < tiWtitiWIMAK1