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Subordination Agreement 1979-467172 II .. - - ) 79-4671:7;K: 4) • ` ) FILE/PAGE NO BOOK 1979 When Recorded Mail To: • ) RECORDED REQUEST OF UNION LAND TITLE COMPANY POWAY MUNICIPAL WATER DISTRICT ) NOV 6 $00AM79 Post Office Box 348 ) OFFICIAL RECORDS Poway, California 92064 ) MA DIEGO CORTY, CALLE SUBORDINATION AGREEMENT FOR VALUE RECEIVED, the undersigned, as Beneficiary under a Deed of Trust dated December 22, 1978 , recorded in the Office of the County Recorder of San Diego County, December 28, 1978 File No. 78-555855 , and as owner and holder of the obligations thereby secured does hereby make subject and subordinate the liens thereof to the Easement granted by ELMER T. and NICKOLETTE L. McSURDY 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, ELMER T. and NICKOLETTE L. McSURDY as Trustor, GECC FINANCIAL SERVICES as Trustee, and HOMEMAKERS LOAN and CONSUMER DISCOUNT CO. , dba as Beneficiary. HOMEMAKERS FINANCE SERVICE, INC. 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: ..%12 “7/ BENEFICIARY: HOMEMAKERS LOAN and CONSUMER DISCOURY _ e .CO. , dba R/W it 2469-C HOMEMAKERS FINANCE SERVICE, INC. .,t . Exc. Proj . # 11 /_�scw/ w1/.� � srier 6 -f,4CFWI c T ProjConnole F.H. BY: � Extension . y BY: /tit Jt /f iIf>//) See,.,. TITLE STATE OF CAL NIA, OF SS. COUNTY rILCCE'.C�-�-� On 942..6I y' before me, the under - signed, a Notary Public in and for said County and State, Personally appearedlar/es U) A' a r5 e..(- FOR NOTARY SEAL OR STAMP known to me to be the,'ss-r ,,, President, and c---- .91v4 1C L„vd e h a rJ , known to me to be 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 nan'ed, and acknowledged to be that a ,�.,+ such corporation executed the within instrument pursuant ��'`; .Su. . Opi -, to its by-laws or resolution of its board of directors. ,-,"-C' 'x'0',Pl. Clq '- T '5 l•FL SEA- - y a �' c� OE L ' s M �o Utr-<, '� �,., ex pa CO j a1/moo , ��s FDB n, R,y�4 s 1984 / F Z,-C . Signature of Notary FILE DOC. # 331 RECORDING REQUESTED BY: AND WHEN RECORDED MAIL TO: NAME STREET ADDRESS CITY STATE ZIP This space for Recorder's use Tax Parcel No. 317-241-45 NO DOCUMENTARY TRANSFER TAX NO FEE EXHIBIT "A" GRANT OF RIGHT OF WAY ELMER T. McSURDY and NICKOLETTE L. McSURDY, husband and wife as joint tenants , as Grantor, for and in consideration of the sum of One Dollar and other valuable consideration paid by POWAY..MUNICIPAL_WA.TER. DISTRICT.,.. a.. publ.ic...c.orporat.i.Qn as Grantee, receipt whereof is hereby acknowledged, do hereby grant to said POWAY MUNICIPAL WATER DISTRICT os successors and assigns, an casement of right of way 30..00 feet in width in, upon, over, under, and across the lands hereinafter described, to erect, construct, reconstruct, replace,repair,maintain and use a pipeline or pipelines for any and all purposes, together with their necessary fixtures and appurtenances including but not limited to facilities for power trans- mission and communication purposes, at such locations and elevations, upon, along, over and under the hereinafter described right of way as Grantee may now or hereafter deem convenient and necessary from time to time,together with the right of in- gress thereto and egress therefrom,to and along said right of way by a practical route or routes in,upon,over and across the here- inafter described lands, together with the right to use said right of way for access to Grantee's rights of way situated in adjacent lands. The lands in which said casement of right of way is hereby granted are situated in rhe County of San Diego State of California, and are particularly described as follows, to wit: That portion of the West Half of the Southwest Quarter of Section 23, Township 14 South, Range 2 West , San Bernardino Base and Meridian, in the County of San Diego, State of California , according to United States Gov- ernment Survey, approved August 29, 1890, described as follows: Commencing at a point on the Westerly line of said Section 23, distant thereon North 00°27 '30" West 662.91 feet frau the Southwest corner there- of, said point being the Northwest corner of the land described in deed to Roland B. MacArthur, et ux, recorded June 17, 1955 in Book 5683, Page 597 of Official Records; thence along the Northerly line of said land North 89°55 '53" East 420.20 feet to the TRUE POINT OF BEGINNING; thence continuing along said Northerly line North 89°55'53" East to the most Westerly corner of the land described in deed to Michael J. Ferrell , recorded October 29, 1959 as Document No. 224753 of Official Records; thence along the Southwesterly line of said land South 39°12 '24" East, 101. 76 feet; thence South 40°59 '42" West , 176.05 feet to the Southerly boundary line of the land described in deed to Helmuth A. Laue, et ux, recorded November 4 , 1959 as Document No. 229015; thence Westerly along said Southerly boundary to a line which bears South 00°04 '07" West from the TRUE POINT OF BEGINNING; thence North 00°04 '07" East 166.43 feet to the TRUE POINT OF BEGINNING. 29 , lotxxt •x9txxxsaiJ easement of right of way in the aforesaid lands is particularly described as follows The Southerly 30.00 feet of the property described above. Grantor and . their.successors in estate shall not erect or construct,or permit to be erected or constructed,any building or other structure,plant any tree or trees,or drill any well or wells,within the limits of said right of way. 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 their 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. 3ln TClittteaa 111hrrrof, the GrantorS have executed these presents this day of , 19 Executed in the Presence of: Witness. Witness. TAX PARCEL NO. 317-241-45 R/W No. 2469-C DRAWN BY CHECKED BY ACCT. NO. C-P03-285-00 NOTARIES—USE PROPER FORM ON BACK. DATE September 12, 1979/jig R/W.Grant•Form B101—6 f- f 23 SEC77°N R 2 In/ T /45 ' • 3 N5C‘..\-P 0 &`X00 EASEMENT / \ . ,0 220.20' I th 200' , I o R.O.S. � �o 5440 s [-34/0. 1 v� 0 lAz /3749 ------ :t9P/ . • ----•61> ••• .0 \,h�� n.0.5. N.,� . `/L' '`, ,.t, ''' �0 \ 0 si' o 5487 `, s 23. 1 \/ 203.54' :� 0 487.44 \ 1 SE CORNER '\ 1 R0.5. 5487 22\\ 23 I / 27 2& N /��./// ,., /NO/CATES WATER L/NE EASEMENT Project: CONNOLE F H. EXTENSION References: PLAT C.A.N. C-P03-285-00 of easements required by the R/W 4 24-�09- C Poway Municipal Water District Tax Par. 3/7-24/-45 , 0 �� Base Map / „ Date: SEPT. /2, /979 Scale: / - 200 consurono engtnes's, ..crnt.cts