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subordination Agreement 1973-108869 g o a 3-.e SUBORDINATION AGREEMENT •J 9(4. /o� /� 366 73- /a��G� FOR VALUE RECEIV• the undersigned, as Ben410Iciary under Deed of AI Trust recorded in the Office of the County Recorder of San Diego County, • ©c,-rpact_< /4..1/1 / �( , as File No. /7YJ p� and as the owner and holder of the obligations thereby securedes hereby make subject and subordinate the liens thereof to the within described easement , granted by 4.s -claEnzw 41. Ge11.-SS Id '41 Z44_Re7W 61. hid zhzf to POZ•;AY MUNICIPAL MATER 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 ana 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 subordi- nation specific monetary and other obligations will be entered into by Third Parties which would not be made or entered into but for said reli- ance and the execution by Beneficiary of this waive , relinquishment and subordination. BENEFICIARY: By : 2� Henry R. inz , Dated : /-6 - `y3 By: ` �yy (,L Joyce iE. inz • • / 'it ./ '..+ ry '111 '� ItAI�c' ARCARET MATHEWS, Natery Pub'le ^ti L--•'"'�i:, ',Ty commission expires June 1, 19'/J Apfi3S2b, .• l'973 After recording, mail to: Poway Municipal Water District P. 0. Box 348 73-108869 Poway, CA. 92064 FILE/PAGE N0._____________ , ATTN: Mr. Harry Barber BOOK RECORD REQUEST OF LAND TITLE INSURANCE CO. APR 25 8:00 AM'73 RECORD SAN DIEGOIAL COUNTY, CALIF. HARLEY F. BLOOM, RECORDER NO FEE bpc. 14,3 0 - • 1 ia STATE OF eiabitAti TEXAS a{6 a ., cooUNTY OF + April 6, 1973w before me, ff the undersigned, a Notary Public in and for said County and State. jxrsonally appeared ileil y ie. /Ji/-7Z FOR NOTARY SEAL OR STAMP z (ilia Jy e� , a& . L'/ 9Z 10. , known to me 11 s to be the person_whose nameSubscribed to the within instrument . •• acknowledged that executed the same. / y y Signatu . ."!,L A L. Il/ti /. . ',••• '`,/ ` • r i io 0 ' ,. . CARET MATHEWS, Notary Publfe !^•,••. * t • M commission expires June 1, 1973 r�/1/ •� ," .�' i8 , u p Name (Typed ''��''',440,410. . . • or Printed I i Notary Public in and for said County and State { 1 n . I. • .0.) 13! Itii^1'!i j_l l'1 ( rtj . 41 {h' ..) ': e '�. 'i7- `