Subordination Agreement 1980-329922 - • ;: �. 8°'329922
ACCOMMODATION FILM. 4 4 _ r BOOK
F j L
RECORDED OF
LAND TITLE INSURANCE CD.
RECORDING REQUESTED BY :
POWAY MUNICIPAL WATER DISTRICT OCT 7 9 22 b
WHEN RECORDED MAIL T0:
OFFICIAL RE;,3nDS
POWAY MUNICIPAL WATER DISTRICT SAN DI:GO G:.: 1 1.CAL'.
JERA L. ,1-E
P. 0. BOX 348 - RECORDER
POWAY, CALIFORNIA RECORDER:
Please make no charge
92064 for reeord.nR the att•
ached Instrument. It
Is being recorded In
connection with a Gov-
ernmenUl Agency Erg-
T1413 FEE
SPACE FOR RECORDERS USE NO I EE
BORDINATION AGREEMENT
FOR VALUE RECEIVED, the undersigned,as Beneficiary under a Deed of Trust doted April 21 , 1 978
recorded in the Office of the County Recorder of San Diego County Apri 1 26, 1978 ,File No. 78-165766
and as owner and holder of the obligations thereby secured does hereby make subject and subordinate the liens thereof to the Easement
granted by John D. and L. Jean Hatfield, and Charles G. and Margaret Jack
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 September 5, 1980 ,File No. 80-286894 ,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 subordination.
Dated: Sept. 26, 1980 BENEFICIARY: California First Bank
R/W No. 325530-R By:÷d-f#1-4„,,,..e /
Exc. No. 13 ✓ B • ZProject : Poway Palms y
/ /
ALL SIGNATURES MUST BE ACKNOWLEDGED
NOTARIES: Use proper form attached or staple
appropriate form thereto.
DOC. # 357 4
r 745 •
•
• PARTNERSHIP FORM
STATE OF'
County of 88
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.
AI /)lilness W1)rrrof, 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.
�Il 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 San Diego ,s
On this 26th day of September A.D., 19 80 before me the undersigned
a Notary Public in and for the said County and State, residing therein, duly commissioned and sworn, personally appeared
Gregory Fransworth, known to me to be the yice President
and Paul F. Lange known to me to be the..I*P. ..O.�. . .C�Z.... ���a
of the California First Bank, a California Corporation
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.
Ai Witness Wined, 1 have hereunto set my hand and affixed my official seal the day and year in this certificate first
above • t •
OfElcuu SEM
I :�ri% CAROLY'V J. WHITE
��; '•A'L >
NOTARY ',Lauf CALIFORNIA 1 jUj"
/RIN(.IPAI OFFICf IN Notary Publ in and for said County and State.
SAN DIEGO COUNfr
Mty-Co.mis-s on�Expiry S.pN.Yar 3, 1911
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