Subordination Agreement 1973-172938 ) yp 1
111 .;20 ) FILE/PAG «yEOOrIIt �►3 2938
When recorded mail to:
. )
) RECORDED REQUEST ,F
) LAND TITLE INSURANCE CO..
POWAY MUNICIPAL WATER DISTRICT )
Post Office Box 348 ) JUN25 8:00 AM'13
Poway, California 92064 )
) OFFICIAL RECORDS
SAN DIEGO COUNTY, CALIF.
) HARLEY F. BLOOM, RECORDER
) NO FEES
'Order No. 281027-R, Escrow 44047-P )
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FsCPOI(' r r�.' ys�U 7. /)
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, July 16, 1971
as File No. 154128 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 Arthur C. Vega and Paula L. Vega
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. eK.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.
DATED:`', - 05 / 3 BENEFICIARY:
`R.A4 S NS
/t
/ ALMA E. WIGGINS ((
STATE OF CAL ORNIA 7
COUNTY OF /1-"v �� G�'� SS. FOR NOTARY SEAL OR STAMP
•
EA' On K'C /// ' 77 - before me,
n - !
the u dersigned, a Notary Public in and for said County and State,
• personally appeared ——
b gs,: OFFICIALS AL
Paul S. Wiggins and � 4 t`a' BELLE B. FERNANDEZ
Alms E. Wigginsknown to me t M`it+�q� NOTARY PUBLIC-CAUFORNIA
► ' LOS ANGELES COUNTY
• to he the persons whose nam�8re subscribed to the within MyCommissionExplrssFeb.26,1975
• • instrument and acknowledged that they executed the same.
Signatu .Cat / `r `�G` '-t 1"k4 DC. I/ 3 6
N�Public in and fors d County and State
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