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Subordination Agreement 1796-244595• 1689 �. : . . Booic• `76-244595 • • ORDER REQUEST Cr i MU 7111E INSURANCE • When Recorded Mail To: ) AVG Orf x'00 AWN ) POWAY MUNICIPAL WATER DISTRICT ) oFFi;;iAL RECORD SAN(NEW OOUNTY CAVE Post Office Box 348 ) LEY F. • Poway, California 92064 ) HARRECORR ) SUBORDINATION AGREEMENT FOR VALUE RECEIVED, the undersigned, as Beneficiary under a Deed of Trust dated April 21 , 1976 , recorded in the Office of the County Recorder of San Diego County, April 23, 197'ile No. 76-121331 , and as owner and holder of the obligations thereby secured does hereby make subject and subordinate the liens thereof to the Easement granted by G. R. Smith 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 superior to the rights of any purchaser under a foreclosure of said Deed of Trust. RECORDER: Please make nocharge Said easement is described in EXHIBIT "A" attached hereto fnr redording the att- d Instrument. it rjg.,peing recorded In and affects the real property described in the said Deed of Trust, connection with aGov- ernment Agency tra- G. R. Smith Corporation as Trustor, neactlon. Central Capital Corporation _ as Trustee, ' and Central Savings & Loan Association of S . D. 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. BENEFICIARY: • CENTRAL FEDERAL SAVINGS AND LOAN R/W # 300500-R ASSOCIATION SAN DIEGQ... Proj. G.•ft. Smith Corp. BY: OF/-1) Apartments VICE PRESIDENT TITLE 4t ISTANT SE RETARY TITLE STATE OF- CALIFORNIA S SS. COUNTY OF On June 23, 1976 before me, the under- - signed, nder- signed, a Notary Public in and for said County and State, Personally appeared JOHN D. PYLE , I FOR NOTARY SEAL OR STAMP known to me to be the VICE President, and JENNIFER PHILLIPS , known to me to be ASSISTANT Secretary of the corporation that executed the within Instrument, known to me to be the persons who executed the within Instrument on behalf of the OFOCIAL sup corporation therein named, and acknowledged to be that .'.40111r TINA M. CASSON such corporation executed the within instrument pursuant NOTARY PUBLIC . CALIFORNIA to its by-laws or resolution of its board of directors. `r'•+'r • PrincipolOffiLe.San Diego Co.Calil. My Commission Exp. May 10. 1977 e4ti1•ta•.•%tr•. �l TINA Ni. CASSON Signature of Notary Doc. 2494 TYPF' KCD . COMA <, EXHIBIT A 1690 • 111 An easement of right of way 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, 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 adjacent lands. The lands in which said easement of right of way is hereby granted are situated in the County of San Diego, State of California, and are particularly described as follows, to wit: Parcel 1 of Parcel Map No. 1675, filed in the Office of the County Recorder of San Diego County, June 28, 1973, being a portion of the Southeast Quarter of the Northeast Quarter of Section 13, Township 14 South, Range 2 West, San Bernardino Base and Meridian, in the County of San Diego, State of California, according to the United States Government Survey approved September 11, 1879. Said easement of right of way in the aforesaid lands is particularly described as follows: PARCEL A: All that portion of said Parcel 1 of Parcel Map No. 1675 included within 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 said Parcel 1, distant thereon South 3°17'41" West 34.02 feet from the Northwest corner thereof; thence South 88°34' 21" East 281 .00 feet to a point hereinafter referred to as Point "X"; thence continuing South 88°34'21" East 137.00 feet; thence South 1°25'39" West 112.00 feet; thence North 88°34'21" West 16.00 feet. TOGETHER WITH a strip of land 10.00 feet of even width, the center line of said 10.00 foot wide strip of land being described as follows: BEGINNING at the point designated in Parcel "A" above as Point "X"; thence South 1°25'39" West 35.00 feet. PARCEL B: All that portion of said Parcel 1 of Parcel Map No. 1675 included within 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 said Parcel 1, distant thereon South 3°17'41" West 565.93 feet from the Northwest corner thereof; thence ' South 88°34'21" East 281.00 feet to a point hereinafter referred to as Point "Y"; thence continuing South 88°34' 21" East 90.50 feet; thence North 300500-R 43°34'21" East 80.00 feet. 1 of 2 TYPED KCD ' co , 77- 411 ' • 1691 TOGETHER WITH a strip of land 10.00 feet of even width, the center line of said 10.00 foot wide strip of land being described as follows: BEGINNING at the point designated in Parcel "B" above as Point "Y"; thence 300500-R North 1°25'39" East 35.00 feet. 2 of 2 • 0 • NW COR. SE .f- OF NE V4 OF SEC. 3/ 7 W CDR. P,4R / NE 74 OF NE�4- 1 • O/ P.M. /c 75 PT, pX B N S 880341 2/ E" .34.021---- S88 342/ E 4/8.00 28/ 00" I 4 _. i 1 ' 37GO= -- ' S/23S5090W' - If-.- M a S/ 2539W IN li - //2.00 ' t I , Ii 141 IWI �— ,s TER LINE ' N88342/ "W . EASEMENT 00 PARCEL GA" G‘ 114 .1 I 1.1 �'A '' 1 h \ 1 t,: V 1 //�� `�J v NI I �J „ 1 (6 . v k WATER LINE !F_• ti EASEMENT PARCEL "8 r 41 0 —5 o1L0� 0) / o \ 1 'o 'o '� •0,' ,r, �C 28/.00 N4334 2/ 1E 5 0 /ZZ �� �/ V ��/ % 80.00' S 8834'2/E 37/50' i • 1 588°3 '2/'E v QP7. u Y ,,-- • I ', 1 w q .J (f (, Is r,' / — . t ISI' C— fl/1 ,1r x v \ 7 1 ////A ... /ND/CATES WATER L/NE EASEMENT • 1 • Project: G. R. SNI/TH CO APTS. N Tax Par. 3/7-/'O- � 1� i r C.A.N. C-P03-/97-00 PLAT " of easements required by the Poway Municipal Water District N Prepared by: Ev:�1‘6%6T' A R/W /1 300500-R i. r',oyle Engineering Corporation Date: A4AY I3, I07c'