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Subordination Agreement 1981-302914 • "27 ifrOMMOOA710N FILINS 1 3 Q 2;914 • FILE/PAGE NO. —'�— RECORDING REQUESTED BY RECORDER: BOOK 1981 RECORDED REQUEST OF Please Take no Cho nth lot recording the rah 1p l gide �f Co.HE CITY OF POWAY \..cheal band c lie gnsarance (mo Instrument. It ^/, AA�yI Is cti recorded d In SEP 23 9 30 AH l '8 I connection with➢GOV• WHEN RECORDED MAIL TO: ernmental Agency Ira' . ne•dUnn• OFFICIAL RECORDS THE CITY OF POWAY -- SAN DIEGO COUNTY, CA1 "VERA L. LYLE DEPARTMENT OF PUBLIC SERVICES • • RFOAPDFP P.O. BOX 348 - . POWAY, CALIFORNIA 92064 THIS SPACE FOR RECORDERS USE k • _ 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 21 1981 , File No. 81-086381 , 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 - • 1 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 saideasement 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. h /�� • Dated: t /7 19ar/l ' BENEFICIARY: '��/L1( R/W No. 325134-RJose Kordahl Exc. No. 17 • I Project: Assessment District' No. 79-1 NOTE: ALL SIGNATURES MUST BE ACKNOWLEDGED NOTARIES: Use proper form attached • or staple appropriate form thereto. ' • . DOC. 3185 C • 1928 41111 PARTNERSHIP FORM STATE OF 1 ss County of J 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. JIII Witness Wilmot, 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..4/ T�r -9/el_ County ofl—fir 74" ss /,Z.h'... S 6 .V ‘er . h >/ � On this.... . ..dey of. P. �!?l. P r A.U., 19. . .., before me, ✓P a4'C. (1teF..' ./e_ a Notary Pubic in and or the s t ounty d at , residing therein, duly commissioned and sworn, personally appeared Public .......... '°nye; h personally known to me to be the person whose name /C.J subscribed to the within Instrument, and duly acknowledged to me that he executed the same. 3111 Wflnf55 WIJfffof, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written. Ilmunsumumnuntrasmstmustunzummur. �� s GERARD M. MARCHAND. JR.e' 41-.-teree-to-/eqW.-bird.ene a• �fb NOTARY PUBLIC FFICEORNIAI►f�l) 7Notary t isaid County and State. �°�`,2,, 1. PRINCIPAL OFFICE IN `oe; SAN DIEGO COUNTY My Commission Expires Oct 19, 1934 pp'E1 mttt2s tuna sena CORPORATION FORM STATE OF' County of ss On this day of Al)... 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 I 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, oIn behalf of the Corporation therein named, and acknowledged to me that such Corporation executed the same. �n Wilnf55 Wlriro(, 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.