Loading...
Subordination Agreement 1980-375648 - . • 3 1 TRANSAMERICA TITLE 27899 RECORDING REQUESTED 8Y : 50-3 (U646 POWAY MUNICIPAL WATER DISTRICT FILE/PAGE NO RECORDED BOOK 1980[�T WHEN RECORDED MAIL TO: RECORDED REQUEST OF TRANSAMERI CApTITLE CO. POWAY MUNICIPAL WATER DISTRICT NOV 7 8:00 AM'80 P. 0. BOX 348 OFFICIAL RECORDS POWAY, CALIFORNIA SAN DIEGO COUNTY, CALIF. 92064 VERA L LYLE RECORDER NOF:E THIS SPACE FOR RECORDERS USE SUBORDINATION AGREEMENT FOR VALUE RECEIVED, the undersigned,as Beneficiary under a Deed of Trust dated June 16, 1977 recorded in the Office of the County Recorder of San Diegu County June 23, 1977 ,File No. 77-2491(14 and as owner and holder of the obligations thereby secured does hereby make subject and subordinate the liens thereof to the Easement granted by Gary R. and Carol A. Gavan 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 wcs recorded September 30, 1980 ,File No. 80-317844 ,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. October 24 , 1980 ' / i Dated: BENEFICIARY: Lester V. avan R/W No. 27899 Project : Maul di ng _ Mary K/Gavan Extension ALL SIGNATURES MUST BE ACKNOWLEDGED NOTARIES: Use proper form attached or staple appropriate form thereto. 362,4- • 62,+ w• y i i 1 9 3 a 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. 3111 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. GENERAL FORM STATE OF.... County of � +-v+.. ss On this al q167-41 dayof....(?S R- A.D., 19.80, 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.5...whose name.Si Q. .-rn....subscribed to the within Instrument, and duly acknowledged to me that ..Iteatitl..executed the same. At Witness Whereof,I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written. � g.t�, OFFICIAL SEAL • + DOROTHY J. BAKER 7ct. =.4- NOTARY PUBLIC - CALIFORNIA It Notary Public in d for said County and State. ' SAN DIEGO COUNTY My comm. expires NOV 15, 1981 CORPORATION 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 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. Ai Witness U)f)frfof,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.