Subordination Agreement 1973-105976 , 7
1254 ) ---t----;` .
When Recorded :'ail TIII "' '
1111) RECORDERt r
PIeMe make no cher/•
for recording the att.
POWAY MUNICIPAL WATER DISTRICT ) ached in$trvm. t it
7013.';'105976
Post Office Box 348 ) in tonw .a,., FILE/PAG!
Poway, California 92064 ) lfmtl•.t•tAvon.:r tta• BOOK 1
RECORDED REQUEST13
EOF
LAND TITLE INSURANCE CO.
APR 2 3 8:00 AM'73
OFFICIAL RECORDS
SAN-DIM O COUNTY. CALIF.
tQ r7 9 e7zi e --,& HARLBY F. BLOOM, RECORDER
Sat^.r.•1 X 2t,�- 44‘0,29--, SUBORDINATION AGREEMENT NO FEE
I
FOR VALUE RECEIVED, the undersigned, as Beneficiary under Deed
/ of Trust recorded in the Office of the County Recorder of San Diego
County, ,,;41, /f 71 , as File No. '73 -Cti!�/cz3_S- and as the owner and
holder the /obligations thereby secured does hereby make subject
y->1nd subor•in, to the liens ther_. to theme, e. ement granted by
'o POWAY M INICIPAL , •ATER DISTRICT, ' being under J .od and agreed that
' foreclosure of said Deed of Trust s all 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 subordinatio
n.
DATED: \C-, - Th BENEFICIARY:
SowT af.3 C.Lf l-02wlld Clary.
N •• a..,ajIIt
z_ 'sat.' .
By: - !f• i )1( 1 % '
Title
5
By: w , 4
• Title .
STATE OF (1414_4 .9/L,,), .4)
) SS.
COUNTY OF ) ,é- -- • )
On . to /973 . , before me, a Notary Public in and for the said
d y commissioned and sworn, personally appeared
founty /rintSyte ,";
?X .c, known to me to be the 1N �i✓�tE� .
and P,�,.4-7q7, ,1. <f 4 known to me to be the 4{�,,),, g.F./W ,✓,WlwE
o f < na- i C ,4 _ ,,x-"if 4 Ti o.✓.4e.. /5.475-50C1
the corporation that executed the within instrument , known to me to be
the persons who executed the within instrument on behalf of the corpora-
tion therein named, and acknowledged to me that such corporation executed
the same .
WITNESS my hand and official seal .
LUCY C. HEALY _______\...__Q___5,__,
NOTARY PUBLIC ,
Principal Office.San DiegoCo.Calif. :;otary _ lit in and for sai
My Commission Expires lune 14. 1975 \COu ty and State
(SEAL)
Doc. I'ozA