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Subordination Agreement 1981-302912 1923 ;CC DD • AATION FIL'IWI. • X1 - 302912 FILE.-/P-AGE N0. _ RECORDING RE UESTED B ;BOOKl981 Q necoemak RECORDED REQUEST OF- rlesae make no chyme /-,Q�� tot recording the ott. L 5 1 (A/f/ p THE CITY OF POWAY sense Instrument. It J�lt�YQ/<CP e0, Is being recordnd m 8EPE23 9 .30 AN 'B I . • eanneellon wllh o Go+- WHEN RECORDED MAIL TO: emmmulAgency va. - - , .n,sction. Q Y 1,�L',Yt L•'C'O RDS'= THE CITY OF POWAY SApptlNTY;,CA:' Ri71'aY.EET t DEPARTMENT OF PUBLIC SERVICES ..VERE`C!1RO�ER 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 . October 2, 1980 • , recorded in the Office of the County Recorder of San Diego County November 19. 1980 , File No. R0-1R9175 , 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 - I • . 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 unded 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. L 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. • Dated: SEP 1 1 '81 BENEFICIARY: /611-1 /LILt _A -)R/W No. 125114-R *Robert . Beasley I// Exc. No. 13 Project: Assessment District 1'2^ No. 79-1 f / , a .e Let• *Melba J. BeaCir ey NOTE: ALL SIGNATURES MUST BE ACKNOWLEDGED . NOTARIES: Use proper form attached • or staple appropriate form thereto. . *Trustees under Trust dated November 8, 1979 . DOCS: 325 4 1 • 1924 • 1 PARTNERSHIP FORM STATE OF }ss County of 111 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 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. ill IWilltf55 T.l1Ilf1'f0f, 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 STATE OF California County of....S2IL.Di Pgo ss On this 11th, day of September A.D., lc$i.., before me the...undersigged a Notary Public in and for the said County and State, residing therein, duly commissioned and sworn, personally appeared Robert D. Beasley and Melba J. Beasley personally known to me to be the person S whose name.$ =pre= subscribed to the within Instrument, and duly acknowledged to me that they executed the same. L�r,VJill y1111(55 i)IJft[Of, I have hereunto set my hand and affixed my official seal the day and year in this c.rtificate first �ua9A.'r�ijttoa Eff"F'�^LTi FFICf,t.:a1915L�5Lr•,F '\/^.y/I r., OFIA At SEAL I1 w �o�y ' `�� sy, CLAUDIA A. VOWELS j V !...;1:;.Z...),4::,Y•,+cI 1 NOTARY PUO_IC CAI IF9RNIA 4/ LOmita. r,,, . 9 ... '. `, SA:: ou ;, •. • .: • NotaryPublic in and for said County and tate. El �rIn•= laudia A. Vowles \�.•. •�� � Ids(,nm:;1349n L?�.Ma, J. •�•,d RI f.l. •slti,G�C.'iIF.G_n',.^�'r�.7L']LI.Ju'1lW'�WWr1N�0 y1L11l+n. blar'1'. 5177.151 'LC'L.IRELT..nL U'1 LR L' u. OFFICIAL SEAL ?-.12492:4 !. CLAUuIA A. VOWLES M'I CORPORATION FORM Dc � _ NOTARY PUBLIC • CALIFORNIAN, „! .�. • PRINCIPAL OFFICE IN �•� SAu DIEGO COUNTY CoATE of 1 ss •'•sJ1 My Commission Exp.May 6. 1935 E] County ` 111.5117 1.m515a9.55_'..-"9.1'E15125L5L55,515151kIii3u 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. ill Wilnr55 WIJUT0f, 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.