Subordination Agreement 1977-056292 i-056292
• FILE/PAGE N0.
�. . _ _ • _ ) • 800K 1977
) RECORDED REQUEST OF
When Recorded Mail To: 212 ) AA n
POIJ
cl,!iU KfUMW, CM
POWAY MUNICIPAL WATER DISTRICT ) FEB 15 9 02 AFI '
Post Office Box 348 ) ��
Poway, California 92064 ) OFFICIAL RECORDS
- ) SANDIEGOCOUNty,,;r1LIF,
. f'40ER: 306064-R NARLEy F.BLJOM
nochar ) _ rrAA��
• ^rd.ng the att. RENRBI:R
,'ctrument. It
e,np, recorded In SUBORDINATION AGREEMENT NO FEE
I:nn with is Gov
tra-
ir FOR VALUE RECEIVED, the undersigned, as Beneficiary under a Deed
of Trust dated October 5, 1976 , recorded in the Office of the County
Recorder of San Diego County, October 18, 1976 File No. 76-342269
and as owner and holder of the obligations thereby secured does hereby make
subject and subordinate the liens thereof to the Easement granted by
Poway Village,Ltd.
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,
Poway Village, Ltd. as Trustor,
Home Federal Savings & Loan Association of San Diego as Trustee,
and Home Federal Savings & Loan Association of San Diego 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 - -- - ,
byBeneficiaryof this waiver relinquishment and subordination. RfcoRoc,
t q nPleas.Make nocharge
far recording the att-
rched Instrument. It
Is being recorded In
DATED: 1/17/77 BENEFICIARY: connection vrIth n Gov-
ernmental Agency tra-
nsaction.
Home Federal Savings and Loan Association
R/W q' 306064-R of Sa go
Exc. # 7 41.
Proj . Poway Village BY. • A/ ,i
Center r. .-ve smolt . , I - T' E
BYj� 'ter
m i TOMECHAK, Assistant TITLE
VICE PRESIDENT
STATE OF CALIFORNIA, SS
COUNTY OF San Diego
On 1/17/77 before me, the under -
signed, a Notary Public in and for said County and
State, Personally appeared Gregory C. Di Rienzo r FOR NOTARY SEAL OR STAMP
known to me to be the Asst. Vilesident, and Allen
TnmPr•tinif , known to we to be
Asst. Vice President $0k0/4/of the corporation that executed
the within Instrument, known to me to be the persons
ANPVA
who executed the within Instrument on behalf of the • WVAI`~ ~NYYAAYx
OFHCIAL SEAL
corporation therein named, and acknowledged to be that I. Ir K. MICHELE MAC LAGGAN
such corporation executed the within instrumentpursuant a rw:
NOTARY PUBLIC CALIFORNIA
to its by-laws or resolution of its board of directors. ; +9.` r Principal Office,San Dic oCo.Calif.
f.Iy Commission Exp. Nov. 11, 1977
".ftitir. .tiVti•NLYa•.irtiY.•1tiWf.t.
L'
A - A ' t
Signa ,u e of Notar
1
0
DDC coo4
TOURr
✓ S r tii3
COMP 2`
EXHIBIT A
An easement of right of way 20.00 feet in width in, upon, over, under, and
across the land 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 in-
cluding 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, as shown on Parcel Map filed in Book of Parcel Maps on Page 3020,
in the Office of the County Recorder of said San Diego County September 5,
1974, being a portion of the Northwest Quarter of the Southeast Quarter of
Section 14, Township 14 South, Range 2 West, San Bernardino Meridian, in the
County of San Diego, State of California, according to the United States
Government Survey.
Said easement of right of way in the aforesaid lands is particularly described
as follows:
All that portion of said Parcel 1 included within a strip of land 20.00 feet
of even width, the Southwesterly line of said 20.00 foot wide strip of land
being described as follows:
Beginning at the Most Westerly corner of said Parcel 1, being a point on the
Southeasterly right of way line of Poway Road, 100.00 feet wide, as shown on
said Parcel Map No. 3020; thence along the Southwesterly line of said Parcel
1, South 46°47 '40" East 153.32 feet.
30604-R
RO
•
0
O .
V
4
GO. ; l NW' OF SES¢
oy� Gtr411. ,
• tf`Qf%
•
SW COR OF NYVP4 OF 5EA4
OP SEC. /4, T, /4 S., R. 2 W.
N
SIA/74 OF SE4 / " = /00'
WA ... /ND1cATES WATER
LINE EASEMENT
Project: POWAY Y/LLAGE CENTER - Tax Par. # 317- 490-59
PLAT B.M. 3
of easements required by the
Poway Municipal Water District
C.A.N. . C-P05- 217-00
Prepared by: R/14 # 506064-R
Boyle Engineering Corporation Date: 12- 29- 7a,