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Subordination Agreement 1981-302913 1925 • ® 81 - 302913 4CCOMMOOATION FILivq, RECORDER: FILE/PAGE NO. Neese make nocnmgr i BOOK 1981 RECORDING REQUESTED BY: for recording Inc ett- : RECORDED REQUEST OF ached Instrument. It I Co.Is being recorded in Land Vide insurance V THE CITY OF POWAY e•nneatonwnn yIra. - SEP 23 9 30 AM '81 er omen I Agency Ira. ns•ctlon. WHEN RECORDED MAIL TO: --- • OFFICIAL RECORDS THE CITY OF POWAY SAN DIECO COUNTY.CA. .VERA L. LYLE DEPARTMENT OF PUBLIC SERVICES RECORDER P.O. BOX 348 POWAY, CALIFORNIA 92064 THIS SPACE FOR RECORDERS USE NO FEE SUBORDINATION AGREEMENT FOR VALUE RECEIVED, the undersigned, as Beneficiary under a Deed of Trust dated March 2, 1981 , recorded in the Office of the County Recorder of San Diego County March 23 7487 , File No. 81-086380 , and as owner and holder of the obligations thereby secured does hereby make subject and subordinate the liens thereof to' the Easement granted by Joseph Kordahl •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. Said easement was recorded August 13, '1981 File No. 81-257355 , 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' 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. II Dated: �C2V. / /7�7VBENEFICIARY: 1-ti(� 40. &Q . edir— R/Sd No. 325134-R ichard H. Croft Exc. No. 15 Project: Assessment District No. 79-1 Richard B. JcpepOs n n NOTE: ALL SIGNATURES MUST BE ACKNOWLEDGED NOTARIES: Use proper form attached or staple appropriate . form thereto. • • DOC. 3258 . 1926 • • PARTNERSHIP FORM STATE OF ss County of 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 one of the partners of the partnership that executed the within instrument, and acknowledged to me that such partnership executed the same. 3111 Witness Wilma, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written. Notary Public in and for said County and State. (� ((\\���� GENERAL FORM S'PA'CE OF rCiX.�X ....J.1:....... ss County of. c...L.;.4. ... }. ]u �{�{'T�J ^1� A ((77� It �/�) �� (7 l On this....';.L,A:'`/._day of.!.„ ... 9.1``4I .k Llr.�.U.A.D., 19(g..�., before me,...�t`\LQL:.-..!!..�r\.....��` ....y.`:d ..la a- otnry Public and for the said Couet d Stote. sit). therein, d fore si ed and sworn, personally appeared personally known to me to b pers \..`?..whose name --d c ,,LR.....subsc edk tt e within Instrument, and duly acknowledged to me that .he,. executed the same. Al WItllf55 l.Zltyfrfol, I have href oto set my hand and affixed my official seal the day and year in this certificate first above written. `. f OFFICIAL SEAL --44 l HELEN M. ASTRAHAAN _ U, . it NOTAII► PUBLIC -CALIfOFiN1A -J,:uth.. Notary Public in and for said County and State. Principal 011lce in Sen Olege county _ , .•' tan.6.1984 My Commission Exp. CORPORATION FORM STATE OF County of a' 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. Jill Witness WIJfl'f01, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written. Notary Public in and for said County and State.