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Subordination Agreement 1977-077268 1962 )) ORIGINAL When Recorded Mail To: ) SFE tiAeK Ry. — rt.n.carS.suuA. atct, p ) POWAY MUNICIPAL WATER DISTRICT ) IlsEiP41 11 - 0112.4,$ Post Office Box 348 ) Poway, California 92064 ) 3)2)117 . ) ) SUBORDINATION AGREEMENT FOR VALUE RECEIVED, the undersigned, as Beneficiary under a Deed of Trust dated October 23, 1974 , recorded in the Office of the County Recorder of San Diego County, Nov. 12, 1974 File No. 74-298085. , and as owner and holder of the obligations thereby secured does hereby make subject and subordinate the liens thereof to the Easement granted by Edward Reyes Nava and Carol A. Nava to P0„Ay :LNICIIPAL ►vATE1 DISTRICT, it being understcod and agreed tiiaL • 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 a foreclosure of said Deed of Trust. Said easement is described in EXF-HIBIT "A" attached hereto, and affects the real property described in the said Deed of Trust, Edward Reyes Nava and Carol A. Nava as Trustor, Stan-Shaw Corporation as Trustee, and Midland Mortgage Company 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. I . ! 3 DAKr.D: , ,L/ /.c;a4`/ /775' BENEFICIARY: - • - • Midland Mortgage Company . R/W s 705009-6 (4) Exc. x` 20 .001"Proj. Miguel Way • Aal-el,:e By: Extension • Vice President TITLE BY: /,''t,1,• " ,s9. 14c i t..m c xg� ' sistant Secretary TITLE STATE OF CAT- ORNIA, • SS. _/� /c COTI* OF `- / z - 0=17.41/.J /',/ 'ffore me, the under- • sign, a Notary Public in n� or said County and State, Personally appeared, /,r De..: 9(00 , FOR NOTARY SEAL OR STAMP known to me to be the ,/['F' President, and //nelee /4 17')/nv/I-L , known to me to be Secretary of the corporation that executed the within Instrument, known to me to be the rersr-, OFFICIAL SEAL who executed the within instrument on behalf of the y:'? !NDA JONES _orporation therein named, and acknowledged to be that: ' :8 '4.:x'1 N.;; ri Pm.:C-CALN ORNIA such corporation executed the within instrument pursuant ; , *4 ORANGE COUNTY to its by-laws or resolution of its board of directors. 1 f.. Mr4orrz•1ssonbviresMar.20.1977 J111,- / — Sign. e of Notary • 1963 Poviay Inte'k �l ( DOCUMENTARY-01/SM; TAX $.�/__ --- OPfi c! ; 12329 O N.k Kno_A. l•`ailinr. : P. 0. Box 348 /GRANT OF RIGHT OF WAY C ; tiia 92064 EDWARD REYES NAVA and CAROL A. NAVA, husband and wife , as Grantor, for and in consideration of the sum of One Dollar and other valuable consideration paid by....P.QWAY..k>.UNICZPAL..WATER DISTR�.C�.,.. a .pu.b.1i.C...C.0.r9Q.raC.iQXL as Grantee,receipt whereof is hereby acknowledged,do hereby grant to said POWAY MUNICIPAL WATER DX$TRICT its successors and assigns,an easement of right of way 18 .00 feet in width in.upon,over,under.and 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,together with the right of ingress thereto and egress therefrom, to and along said right of way by a practical route or routes in,upon,over and across the hereinafter described s lands,together with the right to use said right of way for access to Grantee's rights of way situated in adjacent lands. • The lands in which said easement of right of way is hereby granted are situated in the County of San Di ego ' State of California,and are particularly described as follows,to wit: .T yy •K All that certain parcel of land delineated and designated as Parcel 12 on Record of Survey Map No. 3888, filed in the Office of the County Recorder of said San Diego County March 23, 1956, being a portion of the Northeast Quarter of Section 18, Township 14 South, Range 1 West, San Bernardino Meridian, in the County of San Diego, State of California, according to the United States Government Survey. EXCEPTING THEREFROM, the Southerly 324.89 feet. i iLE/rHGE ti0. • "• 1 BOOK 1975 RECORDED REQUEST OF FIRST AMERICAN TITLE INS. CO. Atin 29 1024AM '?5 OFFICIAL RECORDS SAN DIEGO COUNTY,CALIF. HARLEY F.BLOOM RECORDER NO FEE - _.�.-r—..►—,�.�,�. . .vim ayww+� f 964 ?'I}it7fX&fxXXXX,XSud easement ofill/of way in the aforesaid lands is particularly de ed as follows: The Easterly 18.00 feet of the property described above. EXCEPTING from said Easterly 18.00 feet, the Northerly 30.00 feet thereof. E fi \\N\ lit ll • • • • e:x R 17 LOW yet le r.+u.!a gel ur:r ey weed __ed aw_es••WA. SSW . A'.30 -15..._ ...hue..SA 0. 'r1wcu Cuol..A..Uswe. ntsiM:. wc:it O TA'tT, r Ode mole-lit,n him.wq.d.p .:ar:i`.o1:'1 ,..«+,r,� r�rrr 7'.1 •7 • ? • W U •nt« ----- Ike ea ois M ma/Ms r �kip a.leoeal Wm- yee,,31411 et Grantor and their successors in estate shall not erect or construct,or permit to be erected or constructed,any building or other structure,plant any tree or trees,or drill any well or wells,within the limits of said right of way. Grantee shall have the right to erect,maintain and use gates in all fences which now cross or shall hereafter cross;aid route or routes,and to trim and cut and clear away any trees and brush whenever in its judgment the same shall be necessary for the con- venient and safe exercise of the rights hereby granted,the right to transfer and assign this easement in whole or in part being here- by granted to the Grantee. Grantor agrees that no other easement or easements shall be granted on,under or over said strip of land by Grantor,without the previous written consent of Grantee. It is also understood and agreed by the parties hereto that the Grantor and their successors or assigns,shall not increase or decrease,or permit to be increased or decreased, the existing ground elevations of the above described right of way,existing at the time this document is executed,without the previous written consent of the Grantee. • 31tt lIIitnraa It herenf. the Grantors have. executed these presents this 30th day of January.., 19 75 Executed in the Presence of: ,��� . Witness. • . . ... ... !.. ..S i, Witness. R/W No. 705009-6 (4) DRAWN BY JAP CHECKED BY ACCT. NO. C-P03-172-00 _ NOTARIES—USE PROPER FORM ON BACK. DATE January 6, 1975/dg R/W•Grant-Form B101-6