Subordination Agreement 1973-171399 Vhen Recorded Mail To. 1600
) 7.171399
I •. • ) '73 - FIL /PAGI NO.._____________
,?0Y MUNICIPAL . TER DISTRICT ) BOOK 1973•
Post Office Box 348 ) REcORDla REQUEST OF
Poway, California 92064 ) LAND TITLE INSURANCE CO.
ATTN: Mr. Harry Barber j JUN 2 2 8;00 AM'13
) OFFICIAL RECORDS
SAN DIEGO COUNTY, CALIF.
Order No. 281010-R Escrow No. 44039-P ) RAREFY F. BLOOM, RECORDER NO FEE
SUBORDYNATION AGREEMENT
FOR VALUE RECEIVED, the'andersigned, as Beneficiary under Deed
of Trust recorded in the Office of the County Recorder of San Diego
County, March 10, 1960 , as File No. 50295 and as the owner and
holder of the obligations thereby secured does hereby make subject
�4 and subordinate the liens thereof to the easement granted by
HOWARD F. ROBERTS and DORIS A. ROBERTS,
-- ' 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.
DATED: June 4, 1973 BENEFICIARY:
TITLE INSURANCE AND TRUST COMPANY
1
istanZ 14..ce-President Title
.--
By: : /Z ' � efizat
Assistant ,Secretary., Title
STATE OF California )
SS .
COUNTY OF San Diego )
On June 4, 1973 , before me , a Notary Public in and for the said
County and State , duly commissioned and sworn , personally appeared
R. D. Bone known to me to be the Assistant Vice-President
and Ernest B. Bond known to me to be the Assistant Secretary
of Title Insurance and Trust Company
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 .
•,.51 .. OFFICIAL SEAL V
ly>r +� VIVIAN L HANKS
ML '71. NOTARY PUBLIC-CAI FORNIA L �I��1�
`i1+; ; PRINCIPAL OFFICE IN :;otary Public In and for said
'% SAN DIEGO COUNTY I County and State
My Commission Expires April 21, 1976
(SEAL)
'DOC . Ca a