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Subordination Agreement 1981-308761 C'rt 1 " ? 81 - 61c. "?.uommoDATtoti FILE/PAGE NO. BOOK 1981 RECORDING REQUESTED B RECORDED REQ/(UEST OF aeG .9 Take Sana cJdle gnsurance Co. P1er.quke n°charge Sand (� THE CITY OF POWAY ===flit the att• SEP 29 9 os 'AH 81 .ch.E InatrumanL II 1. b.lna Tea rded In WHEN RECORDED MAIL TO Connecn°nwnnaG°v. OFFICIAL RECORDS ar"m.nt.I"a°ncr"°' SAN DIEGO COUNTY.CA, THE CITY OF POWAY ,VERA L. LYLERECORDER DEPARTMENT OF PUBLIC SERVICES • . P.O. BOX 348 POWAY, CALIFORNIA 92064 THIS SPACE FOR RECORDERS USE INO FEE SUBORDINATION AGREEMENT FOR VALUE RECEIVED, the undersigned, as Beneficiary under a Deed of Trust dated May 2, 1978 , recorded in the Office of the County Recorder of San Diego County May 18. 1978 , File No. 78-202560 , and as owner and holder of the • • obligations thereby secured does hereby make subject and subordinate the liens thereof to the Easement granted by Jack Wayne Morehead and Sandra J. Morehead _ to. THE CITY OF POWAY, 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. v Said easement was recorded August 13, 1981 , File No. 81-257354 , and affects the real property described in said Deed of Trust. The undersigned Beneficiary of said Deed of Trust 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' pecific monetary and other obligations will be entered into by Third Part' = ch •ould not be made:. or entered into but for said reliance and the executi. any y os waivI-r; relinquishment, and subordination. / . Dated: ,/et/e / BENEFI' `r / /_ I 325133-R Victor Venberg, Trustee . : R/W No. ,ec' aration of Trust dated Pro. No. 5 / _ r 9S 7978 (By assignment) Project: Assessment District No. 79-1 • NOTE: ALL SIGNATURES MUST BE ACKNOWLEDGED NOTARIES: Use proper form attached • • or staple appropriate form thereto. . • 1500l 39V14- . • . ID 0 •• 1178 PARTNERSHIP FORM STATE OF County of ss On this day of A.U., 19 before me a Notary Public in and for the said County and State, residing therein, duly commissioned and sworn, personally appeared I known to me to be one of the partners of the partnership that executed the within instrument, and acknowledged to me that such partnership executed the same. AllJWilflf55 WIJITfol, I have hereunto set my hand and affixed my official seal the day and year in this certificate firslt above written. Notary Public in and for said County and State. GENERAL FORM STATE OF '1 0.— -I i . 1 County of..aGl..:l...(,!e.e 0 ss On this....2-1-/-17 day of -Ci? / �r � f7l.�tr'.A.D., 19.g.7„ before me,.>a e,--a —c/11 A N "f < G`�c/ a Notary Public in and for the said County State, residing therein, duly commissioned and sworn, personally appeared E 1. c 4-o-- 4'J 4e.--c, I I personally known to me to be the person.... vhose name / S subscribed to the within Instrument, and duly acknowledged to me that he executed the same. 3111 lViltlf55 J.J)IJtrrof, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written. i imu u ttntiusuatwnng � � GERARD M. MARCHAND. JR. 4LJ ... ��q. .. y PRINCIPAL OFFICE IN Notary Public i and founty and State. a `}'t� a�Y SAN DIEGO COUNTY My Commission Expires OcL 19,tB&1 awns nmramnnmannttammau i CORPORATION FORM STATE OF 11j County of 1 ss 1 On this day of A.D., 19 before me a Notary Public in and for the said County and State: residing therein, duly commissioned and sworn, personally appeared known to me to be the President and known to me to be the Secretary of the the Corporation that executed the within Instrument, known to me to be the persons who executed the within Instrument, on behalf of the Corporation therein named, and acknowledged to me that such Corporation executed the same. 3111 Wilnf55 UJf)fffol, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written. I Notary Public in and for said County and State.