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Subordination Agreement 1980-372552 . 5 = -8Q-372552 a• r.COMMODATION HU LAND TITLE INSURANCE CO. RECORDING REQUESTED BY : POWAY MUNICIPAL WATER DISTRICT Nov WHEN RECORDED MAIL TO )5 POWAY MUNICIPAL WATER DISTRICT ._,. .. RECORDER: P. 0. BOX 348 RG. POWAY, CALIFORNIA ,7rMeorengoc 92064 bend Instrument. It a beteg recorded In coenectlon with a Gov• ernmental Agency tra- 55Y✓l..9 —� /e nCtlOn. NO FEE THIS So•CC FOR RECORDERS USE SUBORDINATION AGREEMENT FOR VALUE RECEIVED, the undersigned,as Beneficiary under a Died of Trust dat recorded in the Office of the County Recorder of San Diego County August 9, 1JUIy 21 , 1976 976 ,File No.76-253890 and as owner and holder of the obligations thereby�secured does hereby make subject and subordinate the liens thereof to the Easement granted by Robert and Eloise Noehren 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 October 15, 1980 ,File No. 80-340701 , 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 cuperiorities 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 w tich would not be made or entered into but for said reliance and the execution by Beneficiary of this waiver, relinquishment, an.1 subordination. Dated: October 28, 1980 BENEFICIARY: PALOMAR SAVINGS AND LOAN R/W No. 325536-R AS OCIATION Exc. No. 4 • • • • Project : Maulding By: - 1 7u�._ - - dent Extension Florence Lindsey, V e 'res sent ALL SIGNATURES MUST BE ACKNOWLEDGED NOTARIES: Use proper form attached or staple appropriate form thereto. LOC . .3� aA . • . _ • �r 766 PARTNERSHIP FORM STATE OF County of ea 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. . 11 U)it11r55 U)I)rtTOI,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. ./I1 Witllr55 !..V1)trr0f,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..DiegQ BS 28th October 80 Anna L. Forill 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 Florence Lindseyknown to me to be the Vice President and Virginia A. Taramasco known to me to be the Vice President Sciitcetsc of the Pal9n1A? ..Sgvings..and..ttoAn..Ass............ 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. J11 U)itne55 Wt)rrtot,I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written. 0 • ,;va.:., OFFICAL SEAL ` ANNA L. FORILL � ) \N ,\1 • NOTARY PUCLIC . CALIFORNIA / , PRINCIPAL OFFICE IN Notary Public in and for said County and State. r• SAN DIEGO COUNTY• Anna L. Forill • My Commission Expires June 3, 1984 • • •