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Subordination Agreement 1993-0174233 ~ . 'RECORDED REDDEST OF FIRST AMER1CAN TITLE SUBDIVISION MAPPING DEPARTMEN!I! ~ 1083 uuC U 1993-0174233 22-MAR-1993 11=19 AM OFFICIAL RECOROS SAN DIEGO COUNTY RECORDER'S OFFICE ANHETTE EVAHS, COUHTY RECORDER FEES: 0.00 RECORDING REQUESTED BY THE CITY OF POWAY WHEN RECORDED MAIL TO: CITY OF POWAY P. O. BOX 789 POWAY, CA 92064 THIS SPACE FOR RECORDER'S USE SUBORDIHATIOH AGRBI!:IISJfT GENERAL" UTILITY EASEMENT FOR VALUE RECEIVED, the undersigned, as Beneficiary under a Deed of Trust dated SEPTEMBER 5, 1990 , recorded in the Office of the County Recorder of San Diego County SEPTEMBER 5, 1990, File No. 90-483018 , and as owner and holder of the obligations thereby secured does hereby make subject and subordinate the liens thereof to the Easement granted by POWAY VIEWS, a California limited partnership 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 MJ/-(C~ 22,1<113, File No. 93'~D/7""23z..., 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 Oeed 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: 2 -"1- 'I? BENEFICIARY: POWAY VIEWS By: R/W No. Exc. No. Project: By: HOTE: ALL SIGHATURES MUST BE ACXNOiILEDGED IIOTlUUBS. Use proper fora attached or staple appropriate fora thereto. '\ -----'-~_., . ALL-PURPOSE ACKNOWUDGMINT ~ State 01 C.qlifnrni:l County of San Diego 1084 } On February 9. 1993 belore me, Judith A. Goulart DATE NAME, TITLE OF OFFICER E G,. 'JANE DOE. NOTARY PUBLIC' personally appeared M~r~;n A Tnr7__ NAME(S) OF SIGNER(S) [] personally known to me - OR - 0 proved to me on the basis 01 satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and ac- knowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf 01 which the person (s) acted, executed the instrument. Witness my hand and official seal. ..~. '. OFFICIAL SEAL ~., ,..,.,,, '. JUDITH A. GOULAR : . - - NOTARY PUBlIC-CAlIfORNIA e ... . SAN DIEGO COUNTY " MY COMMISSION EXPIRES MAY 25,1995 NQ209 CAPACITY CLAIMED BY SIGNER o INDIVIDUAl(S) o CORPORATE OFFICER(S) TITLE(S} t:J PARTNER(S) o ATTORNEY-IN-FACT o TRUSTEE(S) o SUBSCRIBING WITNESS o GUARDIAN/CONSERVATOR o OTHER: SIGNER IS REPRESENTING: NAME OF PERSON(S) OR ENTlTY(IES) Poway Views, Calif. Limit Partnership ATTENTION NOTARY: Although the information reque d below is OPTIONAL, it could prevent fraudulent attachment of this certificate to unauthorized document. THIS CERTIFICATE MUST BE ATTACHED TO THE DOCUMENT DESCRIBED AT RIGHT: Title or Type of Document Subordination Agreement/Public Utility Easeme Number 01 Pages 4 Date of Document 2-9 93 Signer(s) Other Than Named Above e 1991 NATIONAL NOTARY ASSOCIATION. 8236 Remmel Ave,' P.O. Box 7184. Canoga Park, CA 91304-7184