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Subordination Agreement 1977-412364 4111 FILE/PAGE 27-412364 ) BOOK 1977 RECORDED REQUEST ,If • When Recorded Mail To: , (},;38 ) LAND TITLE INSURANCL CO. ri ) COT 7 800.11'0.'77 POWAY MUNICIPAL WATER DISTRICT ) Post Office Box 348 ) OFFICIAL RECORDS CAN DIEGO COUNTY, CALIF. Poway, California 92064 ) HARLEY F. BLOOM RECORDER NO FEE 309394:t ) SUBORDINATION AGREEMENT FOR VALUE RECEIVED the undersigned, as Beneficiary under a Deed of Trust dated April 14, 1977 , recorded in the Office of the County Recorder of San Diego County, April 26, 1977 File No. 77-153459 and as owner and holder of the obligations thereby secured does hereby make subject and subordinate the liens thereof to the Easement granted by Conrad Seymour 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, Glenda Seymour as Trustor, California First Bank as Trustee, and California First Bank 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: c2..)- - /777 BENEFICIARY: r� ,j21 ,i • California First Bank of cxLl, R/w # 309394-R � • � •V Exc. # 6 - ; - Proj . Seymour Line BY: f1/4V' v�v r3c•�o�,r r� ceR Extension - : TIT 17� • • BY: 4/2ii -TITa itt STATE OF CALIFORNIA SS. COUNTY OF _5.47A/40/C-6-0 jCGQ On AR ji,L0177before me, the under - signed, a Notary Public in and for said Co nt y and State, Personally appeared D•9/V/1 � . KN 1 FOR NOTARY SEAL OR STAMP known to me to be theAVist )(Ice President, an eLfAiel.pis Pe{k , known to me to be 7C.E. CcRNerhic of the corporation that executed the within Instrument, known to me to be the persons c:e5• OFFICIAL SEAL who executed the within Instrument on behalf of the y �., DANIEL K. JAEGER corporation therein named, and acknowledged to be that ^�� NOTARY PUBLIC - CALIFORNIA such corporation executed the within instrument pursuant O .: SAN DIEGO COUNTY MY comm. expires MAR 10, 13Z II to its by-laws or resolution of its board of directors . ,tet C A -* ignat�i e of ry DOC• 2.'15 TYW BAF • 1039 • 0 EXHIBIT A 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 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 parti- cularly described as follows, to wit. All that portion of Lot 3 in the Northwest Quarter of the Southwest Quarter in Section 18, township 14 South, Range 1 West, San Bernardino Base and Meridian, in the County of San Diego, State of California, described as follows: COMMENCING at the Southeast corner of said Lot 3; thence West along the South line of said Lot to the West line of the East 825.00 feet of said Lot; thence North 01°24'00" West along said West line of the Fast 825.00 feet; 608.21 feet, more or less, to the point of intersection of a line parallel with and 224.00 feet Southerly measured at right angles from the Southerly line of land as described in deed to J. H. Rens and wife, dated February 17, 1948 and recorded in Book 2703, page 373 of Official Records; thence South 89°12'50" East along said parallel line to a point of inter- section with a line which is parallel with and 180.00 feet Easterly, measured at right angles from said West line of the East 825.00 feet; said point being the TRUE POINT OF BEGINNING of the herein described property; thence con- tinuing South 89°12'50" Fast along the first mentioned parallel line to a point in the Easterly boundary line of the land as described in deed to Alfred Mayerski, et ux, recorded September 19, 1969 as file No. 171985; thence along the Easterly line of said Mayerski's lana South 01°24 '00" East, 113.28 feet, more or less, to the Southeast corner of said Mayerski's land; thence along the Southerly line of said Mayerski's land North 89°25'00" West, 6.73 feet; thence continuing along the Southerly line of said Mayerski's land as follows: South 63°52'40" West, 13.97 feet to the Southeasterly corner of said Mayerskis land as described in deed recorded September 19, 1969 as file No. 171986; along the Southeasterly line of said Mayerski's land South 63°52'30" West, 277 .82 feet; thence South 56°58'00" West, 162.50 feet thence North 89°58'20" West 234.78 feet, more or less, to a point being the Southerly terminus of the second mentioned parallel line above described; thence North O1°24 '00" West along said parallel line 364.93 feet, more or less, to the TRUE POINT OF BEGINNING. Said easement of right of way in the aforesaid lands is particularly described as follows: The Northerly 20.00 feet of the above described property. 309394-R • . % 1 ' 1 1 ( 1 N / . 2001 SW74 OF NW%4 SEY4 OF NW 44 O Illk NE CORNER (0k oLOT 3 IL NC2 - A —2 -- POWAY RD AD O _ R.S. 944 --- -- - ----I — 4 I MAP _ i�it -- 305 -•"- 3973 N I 1 2 3N I I N I Il m it BK. 2703 ' I ll5' -o t PG. 373 O.R. ' I II _ . � I 191.50 1 I - I - to o1 O + + --r 6LE/JOA . eYMU OR °p a .4---I--385.05-1----6- REC. DEC. 3, 1976., DOC.*76-404342 OR N ..0 4 i /28.50' `� --- ----- ------ - - I 0 Ui -----t–ir / /./7LCLZ4(ZIZz 2ZL/ZZL ._I b J o oIt. I o +s f W 4----ISO ---r W 2 2 �' 20 o 234.78± ' ; 1 1 CENTER OF SWY•¢ SECT/ON /8, T. /4S., R. / W. N 7�1/ ._. /ND/CATES WATER LINE EASEMENT Project: SEYMOUR LINE EXTENSION Tax Par. ;' 323-26 0-"" PLAT of easements required by the Poway Municipal Water District C.A.N. C-P03-228-O0 rPrepared by: R/W # 309394-R kik? Engineering Corporation Date: JULY 21, 1977