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Subordination Agreement 1974-335370 (2) 859 ) • 9 s-309 I • � '74-335370 When Recorded Mail To: ) FIWFAGE NO" ROOK 1974 ) RECORDED REQUEST OF POWAY MUNICIPAL WATER DISTRICT ) TmE INSURANCE & TRUST CO. Post Office Box 348 ) DEC 30 8:00 AM'74 Poway, California 92064 ) OFFICIAL RECORDS ) IAN=COUNTY,COTY. CALIF. - - HARiE1I F. ROOM RECORDER NO FEE SUBORDINATION AGREEMENT FOR VALUE RECEIVED, the undersigned, as Beneficiary under a Deed of Trust recorded in the Office of the County Recorder of San Diego County, Dec. 27, 1972 File No. 342817 and as owner and holder of the obligations thereby secured does hereby make subject and subordi- nate the liens thereof to the Easement granted by MEDALIST CORPORATION 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 super- ior to the rights of any purchaser under my foreclosure of said Deed of Trust, The easement described in EXHIBIT "A" attached hereto affects the real property described in the said Deed of Trust dated Nov. 17, 1972 recorded Dec. 27, 1972 , Recorder's File No. 342817 , securing a note in the amount of $ 1,416,000.00 . MEDALIST CORPORATION as Trustor, HOME FEDERAL SAVINGS & LOAN ASSOC. as Trustee, and HOME FEDERAL SAVINGS & LOAN ASSOC. as Beneficiary. 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 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: December 17_ 1974 BENEFICIARY: P.R. #958091 HOME FEDERAL SAVINGS & LOAN ASSOCIATION Exc..,430' OF SAN DIEGO BY:_ -4Y -[ J_ Norma R. Shaw, Assis ant Vice Pres. TITLE 1., BY: _,/,_/L;lt . ,.X /11_ William Schelling, Asst. Vice Pres. TLE STATE OF CALIFORNIA, S". COUNTY OF SAN DIEGO On 12-17-74 before me, the under signed, a Notary Public in and for said County and State, Personally appeared Norma R. Shaw , known to me to be the Asst. Vi.BEesident, and FOR NOTARY SEAL OR S1AnP I William Schellin& , known to me to be Asst. V. Pres filmcgatcy of the corporation that executed the within Instrument, known to me to be the persons who executed the within Instrument on behalf of the corporation therein named, and acknowledged to me that such corporation executed the within instrument pursuantxo FICIA. sE$1. to its by-laws or resolution of its board of directors. PATRICIA A. W ELPOTT "'1D: .'al3, NOTARY PUBLIC • CALIFORNIA , '.�`'.' Principal Office,San Diego Co.Califdiviem. U' My Commission Exp. Dec. 5. 1977 C..... .e_e_e___42..„, //:2,014,. ,7.7e- Signature of (. Npe• 1xo d • ! • 860 1 r • • GRANT OF RIGHT OF WAY N JALIS 1 C i:PO':1A1 Tele •i Cal i Forni 1 ccr)cratior • , as llGrantor, for and in consideration of the sum of One Dollar and C:h:r v.t uable consideration paid by 13J.',r Jiri.��_l'. IPA! '.1;\7'7:7. I t. co hj1',•'ti':n • • as Grantee,receipt whereof is hereby acknowledged,do hereby grant to said...2:0.,.:....:.:L::ilt,..M,..1:,3.i r.7-...,..DIS..T.U."I G right .ti XXX XXX<J�rS Xtv. .Yi •e�� ii.!ei and its successors and assigns.an easement of of way �� r Se)alfeer►ntv1 th in,upon,over,under, across the lands hereinafter described, to erect,construct, reconstruct, replace,repair, maintain and use a pipeline or pipelines for any and all purposes,together with their necessary fixtures and appurtenances including but not limited to facilities for power transmission and communication purposes,at such locations and elevations,upon,along,over and under the hereinafter described right of way as Grantee may now or hereafter deem convenient and necessary from time to time,Gt1,,ne'tl MlehfftitieAht'oitrr,t,t•VOYX-T •d `100A,k4ecFf;<cnt,AA. c g).'90..*tXY!a ci9t;.`' :'trim, ,'X0-;44:41.:1,tFpd W{440. .1;st7 t-Irt?t Y.3t::; `t irte4.,t1X.4 :larid's,together with the right to use said rightrof way for access to Grantee's rights of way situated in adjacent lands. ';FFie 1'rn�s; �I:91M}u 44g 'jjat`O(: X� X431:A: YY P:4 e.,.-0l�rtC,�t�,�,;,�gr,,t5 f.RP.: ::3't,- yy`` '`, CV/2,i'{'(:�'� • . .. �•• t;1. )t:t r�• a1 �' T�.... � v >. } .��, ,,,..:1r�."�l; .:CrC_�..•"`J. 1 a\.�.�:�A:C.1.`ii.tr :.ie'..�� 1" '. I:s'tate::oRC if'S# AY44"r • Said >~•.1s,=r?ri of r i;ht o? way is particularly dascr bad as .follows: • • EXHIBIT IT ..A • RECORDED JAN- 3'1, 16173 FILL= No. 73-02770 p•-• • • T:,i• : c:luc'of:s.tiil .patCi '..t:i;(..nbtd;?;;[nth>Nsi i ! S irr r I ..._ tel Pr. ;,-.,+ •,7t: of v�� t Irconc r•nr��IT�,r r; 1!3 e57a� ► . - }`�. .:,,,,. •,: �:it `x 'Iidr U .= �.c''�u- -•^y^ r' !-►• �A�s''�[h'Z` „lW`,,s„`�y; �:'�:t .,� �, • .►`�k'$ +,. .,,':ll^.•�i�r � . •.r "'�4j f7 yiy� R7 '" '� `, . { x ti,t Y,f�� • V:Y�{'iy Zf�`Cs t r�•[' T ice. � ..yj i :_ .r • •'r--=A• c-1.- •'t7`��.i._•' y'�'` .,:� a •:;,...�t••A Thi:crricerIidfi;►i.t•4 6:1 4tfi1iCAX:W?i0n`'the(ifcFT. iSaalXi;1p,> •ad;:4r4o»a: All those portions of Lots 41 , 80, and 374 of VALLE VERDE COUNTRY CLUB ESTATES, in the County of San Diego, State of California according to the Map thereof No. 4683, filmed in the Office of the County Recorder of said San Diego County December 21 , 1960 described as follows: Parcel 1 : A strip of land 20.00 feet of even width, the center line of said 20.00 foot wide strip of land being described as follows: - Coimencing at the most Westerly corner of Lot 52 of said VALLE VERDE COUNTRY CLUB ESTATES, being a point on the arc of a 920.00 foot radius curve, concave Southeasterly, in the Southeasterly line of St. Andrews Drive as shown on said Map 4683, a radial line to said Point of Commencement bears North 52°08'33" West (record North 51°56'05" West) ; thence Southwesterly, along the arc of said 920.00 foot radius curve, through a central angle of 3°10'23" .a distance of 50.97 feet to the TRUE POINT OF BEGINNING of the herein described center line, being a point on the arc of a curve, concave Westerly, having a radius of 150.00 feet, a radial line to said point bears North 40°38'24" East; thence Southerly along the arc of said curve, through a central angle of 35°36' 14" a distance of 93.21 feet; thence tangent to said curve, South 13°45' 22" East 34.10 feet to the beginning of a tangent curve, concave Northeasterly, having a radius of 230.00 feet; thence Southeasterly and Easterly along the arc of said curve, through a central angle of 87°20' 34" a distance of 350.62 feet; thence tangent to said curve, North 78°54'04" East 38.00 feet to the beginning of a tangent curve, concave Northerly, having a radius of 500.00 feet; thence Easterly along the arc of said curve, through a central angle of 2°25' 00" a distance of 21 .09 feet; thence South 35°45'56" East 24.49 feet to a point designated for the purposes of this description as Point "A"; thence continuing South 35°1+5' 56" East 45.51 feet; thence North 72°44'04" East 198.00 feet to the beginning of a tangent curve, concave Southerly, having a radius of 350.00 feet; thence Easterly along the arc of said curve, through a central angle of 20°28' 52" a distance of 125.11 feet to a point designated for the purposes of this description as Point "B"; thence continuing Easterly along the arc of said 350.00 foot radius curve, through a central angle of .12°46' 08" a distance of 78.00 feet to the beginning a a reverse curve, concave Northerly, having a radius of 400.00 feet; thence Easterly along the arc of said curve, through a central angle of 47°35' 00" a distance of 332.19 feet to a point designated for the purposes of this description as Point "C"; being the beginning of a reverse curve, concave Southerly, having a radius of 350.00 feet; thence Easterly aiong the arc of sai< curve, through a central angle of 21°35'00" a distance of 131 .85 feet to the beginning of a compound curve, concave Southerly, having a radius of 1000.00 feet; thence Easterl' along the _arc of said curve, through a central angle of 6°58'50" a distance of 121 .83 feet to a point designated for the purposes of this description as Point "D"; thence continuing Easterly along the arc of said curve, through a central angle of 8°06' 10" a distance of 141 .42 feet to the beginning of a reverse curve, concave Northerly, havin! a radius of 1000.00 feet; thence Easterly along the arc of said curve, through a centri angle of 8°04' 03" a distance of 140.81 feet to a point designated for the purposes of this description as Point "E"; thence continuing Easterly along the arc of said curvy through a central angle of 1°25'57" a distance of 25.00 feet; thence tangent to said curve, North 85°34' 04" East 285.00 feet to a point designated for the purposes of this description as Point "F"; thence continuing North 85°34' 04" East 59.00 feet to the beginning of a tangent curve, concave Southerly, having a radius of 500.00 feet; thence Easterly along the arc of said curve, through a central angle of 31°30'00" a distance of 274.89 feet to a point designated for the purposes of this description as Point "G"; being the beginning of ., reverse curve, concave Northerly, having a radius of 40.00 fee thence Easterly and Northeasterly along the arc of said curve, through a central angle. 85°00' 00" a distance of 59.34 feet; thence tangent to said curve, North 32°04' 04" East 103.48 Feet to the beginning of a tangent curve, concave Southeasterly, having a radius of 1000. 00 feet; thence Northeasterly along the arc of said curve, through a central an of 11°30' 36" a distance of 200.89 feet to a point designated for the purposes of this d script ion as Point "H"; thence continuing Northeasterly along the arc of said curve, th a central angle of 1°06117" a distance of 19.28 feet; thence tangent to said curve, Nor 41,°40''57" East 254.72 feet to a point on the arc of that 'certain 350.00 foot radius cur concave Southwesterly, in the Northeasterly line of said Lot 80 of VALLE VERDE COUNTRY CLUB ESTATES, a radial line to said point hears North 44°40' 57" East (record North 44°5 • Cast) . Parcel 2: A strip of land 20.00 feet of even width, the center line of said 2.0.00 foot wide strip of land being described as follows: Beginning at the point designated in Parcel 1 above as Point "A"; thence South 54'14'04 West 24.00 feet. Parc^1 3: - • Par cel 3: 862 , strip of land 20.0 , �t of even width, the center of S._ ld 20.00 f01t 11:.:._ strip " of land being described as follows: ?..:_,inning at the point designated in Parcel 1 aboveas Point "6"; thence North 3°12`$0" f 24feet. `. ----------------- Parcel 4: A strip of land 20.00 feet of even width, the center line of said 20.00 foot wide strip of land being described as follows: Beginning at the point designated in Parcel 1 above as Point "C"; thence South 31°35'56' East 24.00 feet. - - - Parcel 5: A strip of land 20.00 feet of even width, the center line of said 20.00 foot wide strip Of land being described as follows: • Beginning at the point designated in Parcel 1 above as Point "D"; thence North 19°58'47" East 151 . 57 feet; thence North 70°01 ' 13" West 22.32 feet to a point on the arc of a curve, concave Southerly having a radius of 1000.00 feet, a radial line to said point bears North 4°51 ' 27" West; thence Westerly along the arc of said curve, through a centra angle of 1°42'30" a distance of 29.82 feet to a point designated for the purposes of thi: description as Point "1"; thence continuing Westerly along the arc of said curve, througl a central angle of 5° 11 ' 59" a distance of 90.75 feet; thence tangent to said curve, Soutl 78°14' 0 :" West 179.00 feet to the beginning of a tangent curve, concave Northerly, havin( a radius of 350.00 feet; thence Westerly along the arc of said curve_ through a central angle of 9°25' 00" a distance of 57.52 feet to the beginning of a reverse curve, concave Southerly, having a radius of 1000.00 feet; thence Westerly along the arc of said curve, through a central angle of 8°37' 23" a distance of 150.50 feet; thence radial to said curve, North 10°58' 29" West 24.00 feet. Parcel 6: A strip of land 20.00 feet of even width, the center line of said 20.00 foot wide strip of land being described as follows: Beginning at the point designated in Parcel 5 above as Point "I"; thence South 6033'57" East 24.00 feet. Parcel 7: A strip of land 20.00 feet of even width, the center line of said 20.00 foot wide strip of land being described as follows: Beginning at the point designated in Parcel 1 above as Point "C"; thence South 2°59'59" East 24.00 feet. Parcel 8: A strip of land 20. 00 feet of even width, the center line of said 20.00 foot wide strip of land being described as follows: Beginning at the point designated in Parcel 1 above as Point "F"; thence North 4°25'56" West 130.75 feet; thence youth 85°34' 04" West 39.00 feet. Parcel 9: A strip of land 20.00 feet of even width, the center line of said 20.00 foot wide strip of land being described as follows: Beginning at the point designated in Parcel 1 above as Point "G"; thence South 27°04`04" West 35. 00 feet: . Parcel 10: A strip of land 20.00 feet of even width, the center line of said 20.00 foot wide strip of land being described as follows: Beginning at the point designated in Parcel 1 above as Point "H"; thence North 40°25'20" West 26.00 feet. Parcel 11 : A strip of land 20.00 feet of even width, the center line of said 20.00 foot wide strip of land being described as follows: • -~.esr�n.r.w+rw+r�.s►^. - _ --- .. . - radius of 350.00 feet; thence Westerlyalon. curve h ou ly, rol .( g the arc of said through a central �;n,^,ie 'of 9`25' 00" a di of 57.52 feet to the begirt f a reverse curve, concave Southerly, having a rau.ollif 1000.00 feet; thence Wester long the arc of said curve, through a central angle of 8°37' 23" a distance of 150.50 feet; thence radial to said . curve, North 10°58' 29" West 24.00 feet: Parcel 6: A strip of land 20.00 feet of even width, the center line of said 20.00 foot wide strip of lend being described as follows: Beginning at the point designated in Parcel 5 above as Point "I"; thence South 6°33'57" East 21+.00 feet. Parcel 7: • A strip of land 20.00 feet of even width, the center line of said 20.00 foot wide strip of land being described as follows: Beginning at the point designated in Parcel 1 above as Point "E"; thence South 2°59'59" East 24.00 feet. Parcel 8: A strip of land 20.00 feet of even width, the center line of said 20.00 foot wide strip of land being described as follows: Beginning at the point designated in Parcel l above as Paint "F"; thence North 4°25'56" West 130.75 feet; thence South 85°34'04" West 39.00 feet. Parcel 9: A strip of land 20.00 feet of even width, the center line of said 20.00 foot wide strip of land being described as follows: Beginning at the point designated in Parcel 1 above as Point "G"; thence South 27°04'04" West 35.00 feet: . Parcel 10: A strip of land 20.00 feet of even width, the center line of said 20.00 fcot wide strip of land being described as follows: Beginning at the point designated in Parcel 1 above as Point "H"; thence North 46°25'20" West 26.00 feet. Parcel 11 : A strip of land 20.00 feet of even width, the center line of said 20.00 foot wide strip oF land being described as follows: Beginning at a point on the Westerly line of Lot 41 of said VALLE VERDE COUNTRY CLUB ESTATES, distant thereon North 1°06''34" East (record North 1° 19'02" East) 475.66 feet from the Southwest corner of said Lot; thence South 86°53'26" East 20.00 feet to the beginning of a tangent curve , concave Northerly, having a radius of 320. 00 Feet; thence Easterly along the arc of said curve, through a central angle of 17°30' 00" a distance of 97.74 feet; thence tangent to said curve, North °36' r " 9 73 �� 3-+ East 1:7.27 feet to a point designated for thepurpcses of this description as Point "J"; thence continuing North 73°36'34" East 34.23 feet; thence South 16°23' 26" East 74.00 feet to the beginning of a tangent curve, concave Easterly, having a radius of 11:00.00 feet; thence Southerly along the arc of said curve, through a central angle of 5° 16'1+6" a distance of' 129.00 feet; thence tangent to said curve, South 21°40' 12" East 93.00 feet; thence South 68019' 48"48" West 21+.00 feet. Parcel 12: A strip of land 20.00 feet of even width, the center line of said 20.00 foot wide strip of land being described as follows: Beginning at the point designated in Parcel 11 above as Point "J"; thence North 16°23 '26" Wriest 24.00 feet. ' L'e✓..� �-._.v.,.... ....�.�`L:�_��f��aAta.�r... -.r u.. � _�y�rL.Z.. ..,.��.?1.:�_. �r� tC:1r✓tr-.e.._�._._�._yam_.��i� __�J�. _Y ..�