Subordination Agreement 1973-110698 1111
AI✓CGMAMOC)ATION FILMK) )
When Recorded Mail To: 4 1557 ) FILE ADE iic73-110698
BOOK 1973
Ir. low gill, g,ESTOf OF
POWAY MUNICIPAL WATER DISTRICT )
gill, lJncurance
Post Office Box 348AA..
Poway, California 92064 ) Nf� 26 8 35 AN �Is
OFFICIAL. i.._,,DR3S
� �)) SAN DIEGO COUNT Y.CALIF.
A ,lll2 -� C�G .-0-w.7,G'. C,L5Le,,,c7 7 HARLEM F.BLOON
RECORDER L Qom,
NO FEE
SUBORDINATION AGREEMENT
FOR VALUE RECEIVED, the undersigned, as Beneficiary under Deed
of Trust recorded in the Office of the County Recorder of San Diego
County, December 2, 1968 , as File No. 210171 and as the owner and
holder of the obligations thereby secured does hereby make subject
and subordinate the liens thereof to the easement granted by
Roy E. and Linda L. Lau
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 ease-
ment shall be paramount and superior to the rights of any purchaser
under any foreclosure of said Deed of Trust.
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 reli-
ance upon and in consideration of this waiver, relinquishment and sub-
ordination 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.
,ATED: April 24, 1973 BENEFICIARY:
i /
/47/_-/-/-4,/,)
WITNESS
By:
L�lz7 / /1:;7J .
Anthony-7 / P. agmin Title
By: /.;LSI~ , l I
Helen T. Iagmin 7 Title
STATE OF CALIFORNIA ) ss.
COUNTY OF SAN DIEGO )
On this 25th day of April , in the
year 1973 , before me, the undersigned,
personally appeared Don Piersall
known to me to be the person whose name is
subscribed to the within instrument as a
witness thereto, who being by me duly sworn, •
deposed and said: that he resides at San Diego,
California; that he was present and saw
Anthony P. Iagmin and Helen T. Iagmin M.A.,,v '•'L'tix' +tivv'
J. PRICE
personally known to him to be the person ? NOTARY PUBLIC
described in and whose name is subscribed to •
Principa101:ite.SanOieroCo.Calif.
the within and a My Commission Expires April 30. 1976
nnexed ' .Btrument, execute the
same; and that affiant sub cribed his name there- w'wj'~ti �'�w'r'r�'ti' r'�''"'4�r
to as a witness to said ex ution.
SEAL AllisrG:I
Notary Public in and for said
County and State.
aC-C. 7W. /5";r4 A