Subordination Agreement 1980-307742 1435
•
80-307742
TRANSAMERICA TITLE INSURANCE CO.
RECORDING REQUESTED BY :
FILE/PAGE
BOOK ��p�
1780
POWAY MUNICIPAL WATER DISTRICT RECORDED REQUEST
OF
TRANSPAIERICA TITLE CO.
WHEN RECORDED MAIL TO: SEP23 800 AM'80
POWAY MUNICIPAL WATER DISTRICT OFFKIAL RECORDS
P. O. BOX 348 ' DIEGO COUNTY DILE
WIRL
POWAY, CALIFORNIA late
92064 NO FEE
27863 THIS SPACE FOR RECORDERS USE
SUBORDINATION AGREEMENT
FOR VALUE RECEIVED, the undersigned,as Beneficiary under a Deed of Trust dated August 16. 1972
recorded in the Office of the County Recorder of San Diego County August 23, 1972 ,File No.223279
and as owner and holder of the obligations therebysecured does hereby make subject and subordinate the liens thereof to the Easement
granted by A.C. Eddy and ElizabetB. Eddy
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 25. 1980 ,File No. 80-270839 ,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 subordination.
Dated: BENEFICIARY: ' y Pacific National Bank
/R/W No. 27863 By: •
Exc. No. 4
ce Pfesi.dent and anager
Project: T.P.M. 13793 By:
ALL SIGNATURES MUST BE ACKNOWLEDGED
NOTARIES: Use proper form attached or staple
appropriate form thereto.
FILE
• DOC. # 3G o
1436 •
PARTNERSHIP FORM
STATE OF
County of bb
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.
in Witness 1)I)rfaOf,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.
ill Witness UI1rreof,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 Ga1i Q.rni,a
County of San..Diego •ss
On this 11th day of September A.D., 19 80 before me,.Barbara-.A..Marquardt
a Notary Public in and for the said County and State, residing therein, duly commissioned and sworn, personally appeared
F. W. Kalsow, Jr. known to me to be the Vice President
and ManagQr 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.
iii Witness U)IlrlCOf, I have hereunto set my hand and affixed my official seal the day and year in this certificate first
above written.
X.; ^^ ,ti OFF!CIA•.SEAL..
' Barhard A. Marauardt .��� �� ..� •� ��� �
-44/ ..;: n,�r.:_ FQRNl1
Notary Public in and for said Co and State.
My Commission Ex„ : .' .g 8. 1983 ,