Subordination Agreement 1980-423808 TRANSAMERICA TITLE INSURANCE CO. C,`, as b
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RECORDING REQUESTED BY : BOON 1900
POWAY MUNICIPAL WATER DISTRICT MOM REQUEST OF
TA TUTU CO.
WHEN RECORDED MAIL TO: DEC 17 8:00 AM'80
POWAY MUNICIPAL WATER DISTRICT WICK
P. 0. BOX 348 IAN MO CODUN M'
Y U L tni
POWAY, CALIFORNIA WOMB
92064
WO FEE
61361 THIS SPACE FOR RECORDERS USE
SUDCfD NATION AGREEMENT
FOR VALUE RECEIVED, the undersigned,as Beneficiary under a Deed of Trust doled December 10, 1979
recorded in the Office of the County Recorder of San Diego County December 20, 1979 ,File No. 79-530943
and as owner and holder of the obligations thereby secured does nereoy make su.i;eci tt.erecf tc the Easement
granted by C & H Investors
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 November 14, 1980 ,File No. 80-383393 , and offects 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 b; made or entered
into r said reliance and the execution by
Beneficiary of this waiver, relinquish • .•d subordination.
Date
V BENEFICIARY: •• .• 4'0 TR ST
R/W No. 61361 E3y:
Exc. No. 3
Project : Edina Way
Extension
STATE OF ARIZONA )
L SIGNATURES MUST BE ACKNOWLEDGED
Countyof Maricopa ) "OTARIES; Use proper form attached or staple
appropriate form thereto.
This instrument was acknowledged before me this 5th
day of December, 1980 , by LESTER J . HAYT, Trustee of THE BERNARDO
TRUST.
My Commission Expires : t .G . L � /
2-16-82 • Nota-r Public
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