Subordination Agreement 1979-511056 • . )
< y f ) '�9--5110
)
FILE/PAGE NO
When Recorded Mail To: BOOK 1979
RECORDED REQUEST OF
) TITLE INSURANCE & TRUST CO.
POWAY MUNICIPAL WATER DISTRICT ) Q E C 68:00 AM'79
Post Office Box 348 )
Poway, California 92064 ) SAN OFFICIAL RECORDS
COUCALIF.A
) RECORDER
C6C3& 74. -ems
SUBORDINATION AGREEMENT
FOR VALUE RECEIVED, the undersigned, as Beneficiary under a Deed
of Trust dated September 22, 1976 , recorded in the Office of the County
Recorder of San Diego County, July 20, 1978 File No._ 305136
and as owner and holder of the obligations thereby secured does hereby make
subject and subordinate the liens thereof to the Easement granted by
CONRAD SEYMOUR
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,
CONRAD SEYMOUR as Trustor,
FIRST NATIONAL BANK OF SAN DIEGO COUNTY as Trustee,
and CHARTERED BANK OF LONDON 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: /cr BENEFICIARY:
CHARTERED BL ' OF ONION
R/W ;1 1060316
Exc. # 7
11,
Proj . San Mortiz BY:
Extension / / TITLE
B'
TITLE
STATE OF C1HPORNIA,
SS.
COUNTY OF \...2,06.e
On , ,i } before me, the under -
signed, a Notary Public in nd o said County and
State, Personally appeared k i c vPic , FOR NOTARY SEAL OR STAMP
own to me to, the LcZs..cb4President, and
,,E , known to me to be
Secrta..; of the corporation that executed
the within Instrument, known to me to he the persons
who executed the within Instrument on behalf of the OcnoALs�u
corporation therein named, and acknowledged to be that ��: CARLA SPITZKY
such corporation executed the within instrument pursuant r ° 7 -'• RRYPRINCIPALOMCE
ttl
to its by-laws or resolution of its board of directors . f ` � SAN DIE000ouNTr
My Gomm.Expres lune 23,1983
a ( K
NO CHARGE UN THIS DOCUMENT
Signature (of Notary . FOR THE BENEFIT OF
t-t-Olut-u" pd
331-1
i 8 5
RECORDING REQUESTED BY:
AND WHEN RECORDED MAIL TO:
NAME
STREET
ADDRESS
CITY
STATE
ZIP This space for Recorder's use
Tax Parcel No. 275-460-52 NO DOCUMENTARY TRANSFER TAX NO FEE
EXHIBIT "A"
GRANT OF RIGHT OF WAY
CONRAQ SEYMOUR,. a married man
, as Grantor, for and in consideration of the sum of One Dollar and
other valuable consideration paid by POWAY MUNICIPAL WATER DISTRICT, a public corporation
as Grantee, receipt whereof is hereby acknowledged, do hereby grant to said
P0WAY..MUN ICI PAL..WATER...RI.STRI CT
its successors and assigns, an easement of right of way 2.0.00 feet in width in, upon, over, undc:, 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 bur 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 easement of right of way is hereby granted arc situated in the County of San Diego
State of California, and are particularly described as follows, to wit:
Parcel 2 of Parcel Map No. 6625, in the County of San Diego, State of California,
according to the Map thereof filed in the Office of the County Recorder of said
San Diego County, being a portion of the Southwest Quarter of the Southeast Quarter
of Section 35, Township 13 South, Range 2 West, San Bernardino Meridian, according
to the Official Plat thereof.
HE:6
mix XXlXJ lXX•XX$u„d easement of right of way in the aforesaid lands is particularly described as follows
The Westerly 20.00 feet of said Parcel 2 of Parcel Map No. 6625.
•
Grantor and hl S 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 he 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..fll.s 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 fitttrea 11:1hrrraf. the Grantor has executed these presents this day of , 19
Executed in the Presence of:
Witness.
Witness.
TAX PARCEL NO. 275-460-52
R/W No. 1060316
DRAWN BY
CHECKED BY
ACCT. NO. C-P03-286-00 NOTARIES—USE PROPER FORM ON BACK.
DATE October 9, 1979/jig
R/W-Grant.Form B101-6
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„ /ND/GATES WATER
L/NE EA5Eh->ENT
Project: SAN MOR/TZ EXTENSION
References: PLAT C.A.N. C-P03-286-00
of easements required by the R/W # /060316
Poway Municipal Water District Tax Par. 275-460-52
Base Map 30 EiCaditEr Enorlaartno Corporation _
Date: OCT. 9, /979
Scale: / "= /00 ' cor+rauitino orlon-lawn r s;cnttects