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Subordination Agreement 1976-033402 ) ' j • 1532 > • • When Recorded Mail To: ) 7 ‘ - 034° 2 ._ ) a-�{ -7(e, POWAY MUNICIPAL WATER DISTRICT ) Post Office Box 348 ) Poway, California 92064 ) , _ ) goo 454 - SUBORDINATION AGREEMENT R RDR7 i P b tmrMc n°rh:or .p FOR VALUE RECEIVED, the undersigned, as Beneficiary under a Deed ' °.e,�A the rece0 nst.�ment �.of Trust dated July 2, 1975 , recorded in the Office of the Count a ,eeoronainiRecorder of San Diego County, July 15, 1975 File No. 75-182123 C onwitD. ov- and as owner and holder of the obligations thereby secured does hereby mak n o,�.��g� `Y °' subject and subordinate the liens thereof to the Easement granted by Bert Mohling and Faith Mohling 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 a foreclosure of said Deed of Trust. Said easement is described in EXHIBIT "A" attached hereto and affects the real property described in the said Deed of Trust, Bert Mohling and Faith Mohling as Trustor, Continental Auxiliary Companyas Trustee, and Bank of America N.T. and S. . 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 23, 1175 BENEFICIARY: • BANK OF AMERICA N.T. and S.A. R/W # 300454-R Exc. # 9 Proj . EISENHOWER Bir .z L 2lanat4er Rd. Ext. 1 TITLE BY: /eAr,../(1.- Assistant hiana,er j' TITLE STATE OF CALIFORNIA, SS. COUNTY OF San Diego On rlacjami . 23_ l ore me, the under - signed, a Notary Public in and for said County and State, Personally appeared L. A. 'lamest 7 FOR NOTARY SEAL OR STAMP known to me to be the k ►er ,, and ,_ ,;VH4114_ Paye, Jr_ , known to me to be Asset. R �rxhof the corporation that executed ithi / e 64 nt, known to me to be the persons (,:!. , OFFICIAL SEAL who executed the within Instrument on behalf of the yiNt WAN DA P. GERWIG corporation therein named, and acknowledged to be that .4q NOTARY PUBUC•CAUFORNA 1. SAN DIEGO COUNTY such corporation executed the within instrument pursuant My Commission Expires Apr.12„ to its by-laws or resolution of its board of directors. - Signatl,,Ipt of Notary boc. 231. a . • SEXHffl/T A • GRANT OF RIGHT OF WAY BERT MOHLING and FAITH MOHLING, husband and wife , as Grantor, for and in consideration of the sum of One Dollar and other valuable consideration paid by POWAY MUNICIPAL WATER DISTRICT, a public corporation as Grantee,receipt whereof is hereby acknowledged,do hereby grant to said POWAY MUNICIPAL WATER DISTRICT its successors and assigns,an easement of right of way 20.00 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 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..D.i ego State of California,and are particularly described as follows,to wit. Lots 16, 17 and the South Half of Lot 18 in Block 23 of Tract E of Poway, in the County of San Diego, State of California, according to Map No. 536, filed in the Office of the County Recorder of said San Diego County on May 7, 1888, together with all those portions of the alley in Block 23, as vacated and abandoned by Resolution of the Board of Supervisors, of San Diego County, recorded June 19, 1957 in Book 6627, page 335 of Official Records , together with the Easterly Half of Eisenhower Avenue adjoining said property on the West, as vacated and closed to public use. WSW lihXXf id easement of right of way in the aforesaid lands is particularly described as follows: �. „ nn nn r �} . +►.�+ nnv+inn of tho r tPrly Half of said Eisenhower 034 • • 153`i -ybYcX3irYa}Ie YiX/X id easement of right of way in the aforesaid lands is particularly described as follows: The Westerly 2.0.00 feet of that portion of the Easterly Half of said Eisenhower Avenue, as vacated and closed to public use, lying Westerly of, and immediately adjoining said Lots 16, 17, and the South Half of Lot 18 in Block 23. FILEIPAGE NO76-033402 BOOK 1976 RECORDED RE LAND TITLE INSURANCEQUEST OF CO. FEB 4 8:00 AM'76 OFFICIAL RECORDS SAN DIEGO Y EFFC FE CALIF. HARLERECORDER NO FEE Grantor and.. )Q--►"...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 said route or routes, and to trim and cur 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 xhe 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...the..r..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. ilt tliltter+u Ttlhrrrttf. the Grantor.$ have executed these presents this4'7 day of.C��^�6�' Executed in he 're4.00 ..•f: / I I,/ jjloi • Witness. 1111, illik7P /76 yr y Witness. 'TAX PARCEL NO. 314- 32-11 (tor. ) R/W No. 300454-R DRAWN BY.—_.JAP _ _ CHECKED BY ___ --- ACCT. _ACCT.NO._ C-P03-199-00 NOTARIES—USE PROPER FORM ON BACK. DATE_ December 12, 1975/SM RIW.Grant Form 8101—6