Subordination Agreement 1979-467169 27
9 � 79-467169
) FILE/PAGE NO
When Recorded Mail To: ) BOON 1979
RECORDED REQUEST CF
) UNION
POWAY MUNICIPAL WATER DISTRICT LAND TITLE COMPANY
Post Office Box 348 ) NOV 6 8■:OOAM•79
Poway, California 92064 ) OFFICIAL RECORDS
AIT14' `.AMEN£ dwelt ) SM DIEGO mum cu.
— AMBER
SUBORDINATION AGREEMENT
FOR VALUE RECEIVED, the undersigned, as Beneficiary under a Deed
of Trust dated October 20. 1975 , recorded in the Office of the County
Recorder of San Diego County, October 23. 1975 File No. 75-293243
and as owner and holder of the obligations thereby secured does hereby make
subject and subordinate the liens thereof to the Easement granted by
FRANCES C. DAVENPORT
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 is described in EXHIBIT "A" attached hereto and affects the
real property described in the said Deed of Trust,
FRANCES C. DAVENPORT as Trustor,
CENTRAL CAPITOL CORPORATION as Trustee,
and CENTRAL FEDERAL SAVINGS & LOAN ASSOCIATION OF SAN DIEGO as Beneficiary.
Beneficiary 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.
DATED: October 11, 1979 BENEFICIARY:
CENTRAL FEDERAL SAVINGS & LOAN
R/W 'fr 2468-C ASSICIATII' 1 SAN DI
Exc. # 10
Proj . Connole F.H.
BY: Atli lareriM 111::
Extension • CE •• IDFN TITLE
BY:
ASS 'TANT ' PRESIDENT ITLE
STATE OF CALIFORNIA,
COUNTY OF San Diego SS.
On October 11,79 before me, the under -
signed, a Notary Public in and for said County and
State, Personally appeared Jennifer Phillips , FOR NOTARY SEAL OR STAMP
known to me to be theAss't Vicgresident, and
• , known to me to he
Secretary of 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 be that
such corporation executed the within instrument pursuant •titi.�.•ti ,w.ti:•.:v.rtiv�•rtiv.•1V
to its by-laws or resolution of its board of directors . OFFICIAL SE AL
411111K% DEBRA McCLAIN
• • ,vQ NOTARY PUBLIC . CALIFORNIA
' I :' Principal Office in San Diego County
■
1 f Mp ConLniss;en Exp. Apr. 9. 1982
•
Signature of Notary
Debra McClain
FILE
DOC. # 3308
TO 1945 GA 11.74)
(Corporation) INSURANCE
rjTrftE
AND TRUST
STATE OF CALIFORNIA l AORCOSA PAN V
COUNTY OF San Diego } SM
S.
On October 19, 1979 before me, the undersigned, a Notary Public in and for said
t
State,personally appearehn
d Vice
�iCe D._ Pyle —— ;
known to me to be the President, and_
w• known to mc to be ___ Secretary
= of the corporation that executed the within Instrument.
w known to me to be the persons who executed the within
n Instrument on behalf of the corporation therein named, and )••' "W.ti ANWL
orriciAL SEAL
u, acknowledged to me that such corporation executed the _:t, DEBRA McCLAIN
within instrument pursuant to its by-laws or a resolution of
its board of directors. NOTARY P'JBLIC • CALIFORNIA
, :,, ' Principal Office in San Diego County
WITNESS mk hand and official seal. My Commission Exp. Apr. 9, 1982 f
tli.. i 1'■titi•*.•. �.titi'.,'.%%% VSe'Yd
g ,• ' aec4 --_)
• $ltLnD
DebraMcClain
(Thi+area for ofhcial notarial seal i
281
23
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g X00 EASEMENT
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/45.// ' -
----- I 487441---
1
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N
V / ... /NO/CATES WATER
L/NE EASEMENT
Project: CONNOLE F H. EXTENSION
References: PLAT C.A.N. C Poi 285-O0
of easements required by the R/W # 2.468-C
Poway Municipal Water District Tax Par. 3/7-24/-44/37
_
Base Map / _
�� Date: SEPT. /2, /979
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X13tXt)0(*X1(0,, aid easement of right of way in the aforesaid lands is particularly described as follows: N _�
The Southerly 30.00 feet of the property described above.
Grantor and her successors in estate shall not erect or construct,or permit to be erected or constructed,any building
or other structure,plant any tree ur trees,or drill any well or wells,within the limits of said right of wa,.
Grantee shall have the right to erect,maintain and use gates in all fences which now cross or shall hereafter cross said route or
routes, and to trim and cut and clear away any trees and brush whenever in its judgment the same shall be necessary for the con-
venient and safe exercise of the rights hereby granted,the right to transfer and assign this easement in whole or in part being here-
by granted to the Grantee.
Grantor agrees that no other easement or easements shall be granted on,under or over said strip of land by Grantor,without
the previous written consent of Grantee.
It is also understood and agreed by the parties hereto that the Grantor and...her successors or assigns,shall not increase
or decrease,or permit to be increased or decreased, the existing ground elevations of the above described right of way,existing
at the time this document is executed,without the previous written consent of the Grantee.
3n Witness tTlherruf. the Grantor has executed these presents this day of 19
Executed in the Presence of:
Witness.
TAX PARCEL NO.
317-241-44 Witness.
R/W No. 2468-C
DRAWN BY _
CHECKED BY
ACCT.NO. C-P03-285-00 NOTARIES—USE PROPER FORM ON BACK.
DATF September 21 , 1979/jig
RIW•Grant.Form 8101-6