Subordination Agreement 1973-171396 )
• ) 0-171396
Wien recorded mail to: 1594 ) FILE/PAGE NO..______________
) BOOK 1973
RECORDED REQUEST OF
POWAY MUNICIPAL WATER DISTRICT LAND TITLE INSURANCE CO.
Post Office Box 348 )
Poway, California 92064 ) JUN 2 2 8:00 AM'73
) OFFICIAL RECORDS
) SAN DIEGO COUNTY, CALIF.
HARLEY F. BLOOM, RECORDER NO FEE
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/vo. s/4/67.56,-/d
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01) 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 22. 1966
as File No. 198531 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 Bernadine Bachelor
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 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 reliance upon and in consideration of
this waiver, relinquishment and subordination specific monetary and other obliga-
tions 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, relinquish-
ment and subordination.
."i
DATED: #.4.4�<E/ 7i f7-3 BENEFICIARY:
Zfrz- ,32 "iff-r(7 -A-e--1---1_
jB. MC ARTHUR
zi- L- Ct-
EDITH L. MC ARTHUR
STATE OF CALIFORNIA
• COUNTY OFSanDiego SS. FOR NOTARY SEAL OR STAMP
R. IT On June 7, 1973 _ before me,
N the undersigned, a Notary Public in and for said County and State,
o personally appeared --
v'_ Roland B_ McArthur and Edith T. McArthur
1Y.r>Mti •r��~�•ea
OFFICIAL SEAL
-ct -- JOYCE HEMINGER
___ known to me c
a•�z. CALIFORNIA NOTARY PUBLIC
t f S PRI'4CIPAL OFFICE 1a
to be the person_S_whose nams areubscribed to the within . SAN DIEGO COUNTY
• instrume nowledged tha executed the same. MY C.MMIS`ION EXPIRES JUNE 8,1974
xn i /
Signature a>� -to ----•.. --- s-a- -7-
Notary Pu in and •r said County a,d tate Da. 1714