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Subordination Agreement 1980-322703 S O z 4",e,"4133 TRANSAMERICA TITLE INSURANCE CO. RECORDING REQUESTED BY FILE/PAGE NO BOOK 1980 POWAY MUNICIPAL WATER DISTRICT RECORDED REQUEST OF TRANSAMERICATITLECO. WHEN RECORDED MAIL TO: OCT 2 8:00 AM'80 POWAY MUNICIPAL WATER DISTRICT OFFICE RECORDS P. O. BOX 348 SAN DIEGO COUNTY CALIF. VERA L LYL POWAY, CALIFORNIA ENDER 92064 NO FEE 27862 THIS SPACE FOR RECORDERS USE _ SUBORDINATION AGREEMENT FOR VALUE RECEIVED, the undersigned,as Beneficiary under a Deed of Trust.dated __November 7, 1978 recorded in the Office of the County Recorder of Son Diego County December 18, 1978 ,File No. 78-541962 and as owner and holder of the obligations thereby secured does hereby make subject and subordinate the liens thereof to the Easement granted by Gordon A. and Edna B. Smith to POWAY MUNICIPAL WATER DISTRICT, it being understood and agreed that foreclosure of said Deed of Trust shall not affect, defect 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 11 , 1980 ,File No. 80-292987 , and of fects 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 P• ties whi;h would not be mode or entered into but for said reliance and the execution by Beneficiary of this waiver, relinqui merit, and subordination 7 Dated: G )(-7112:t /�' '=� l '��v BENEFICIARY: • '.L ,E Albert C. 'ddy R/W No. 27862 Exc. No. 5C� ' � Project :_.i tencinn for El i za4�th . E dy TPM 13793 ALL SIGNATURES MUST BE ACKNOWLEDGED NOTARIES: Use proper form attached or staple apprcpriate form thereto. FILE DOC. # 3S 8i I . ` • X201 • PARTNERSHIP FORM STATE OF County of sy 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. /i11 Winless Wined,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 /-1-z_ STATE OF rV/2 ".1 ss County of., IN3 i Q On this.2Z N, day of.. � .!�r >.��A.D., 19.5.0, before me a Notary Public in and fqr the said County and State, residing therein, duly commissioned and sworn, personally appeared f1!-1: er ; ' /...-ZH' 'Ttl....8...... ,i.)Q.}; personally known to me to be the person�....whose name /72-6 subscribed to the within Instrument, and duly acknowledged to me that ,� he.i executed the same. 3111 Witness M)tftOf, I have ereunto set my hand and affixed my official seal the day and year in this certificate first above written. OFFICIAL SEAL JACK BENT —179- '3P-� NOTAIrY PUBLIC —CALIFORMA • , PRINCIPAL UFFICE IN Notary Public in and for said County and State. SAN 0.:60 COUNTY My Commission Expires Feb. 2. 1981 CORPORATION 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 the President and known to me to be the Secretary of the 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. 31Il Winless U)t)ttTOf,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.