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Subordination Agreement 1993-0174229 RECORDING REQUESTED BY THE CITY OF POWAY ~r'~ " 1993-0174229 22-nAR-1993 11=19 AM OFFICIAL RECORDS SAH DIEGO COUHTY RECORDER'S OFFICE AHHETTE EVAHS, COUHTY RECORDER FEES: 0.00 'V BECORDED REOUEST OF FIRST AMERICAN TITL11J. 0 6 8 , SUBDIVISION MAPPING DEPARTMEN'l! WHEN RECORDED MAIL TO: CITY OF POWAY P. O. BOX 789 POWAY, CA 92064 THIS SPACE FOR RECORDER'S USE SUBORDINATION AGRBBIII!:IlT DRAINAGE 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 MIt~i4 zz, 1'1'13 , File No. Cf7- 0 17L/2Z~, 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: ? - q - q:: BENEFICIARY: POWAY VIEWS " R/W No. Exc. No. Project: By: By: NOTE: ALL SIGNATURES MUST BE ACKNOWLEDGED 1IO'.rAIlIES. Uae proper fora a~~aehed or a~aple appropria~e form there~o. ALL.PURPOSI ACKNOWUDGMINT 1069 State 01 California County of San Diego ~ } On Fehrllary 9. 199j:)efore me, Judith A. Goulart DATE NAME, TITLE OF OFFICER, E.G., "JANE DOE, NOTARY PUBLIC" personally appeared Martin A. Lotz-------------------- NAME(S) OF SIGNER(S} GiI 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), orthe entity upon behalf of which the person(s) acted, executed the instrument. Witness my hand and official seal. I , I .. ~ '. OfFICIAl S!i!\l ... ,..... ,JUDITH A. GOULAR :. · tlJTARY PUBLlC-CALIFORNIA : .. I SAN DIEGO COUNTY , I.rf COMMISSION EXPIRES MAY 25,1995 NO 209 CAPACITY CLAIMED BY SIGNER o INDIVIDUAL(S) o CORPORATE OFFICER(S) TlTlE(S) Kl PARTNER(S) o ATTORNEY-IN-FACT o TRUSTEE(S) o SUBSCRIBING WITNESS o GUARDIAN/CONSERVATOR o OTHER: SIGNER IS REPRESENTING: NAME OF PEASON(S) OR ENTITY(IES) Poway View, Calif. Limite Partnership ATTENTION NOTARY: Although the information reques below is OPTIONAL, it could prevent fraudulent attachment of this certificate to unauthorized document. ~ 1. , THIS CERTIFICATE MUST BE ATTACHED TO THE DOCUMENT DESCRIBED AT RIGHT: Title or Type of Document Subordination Agreement/Drainage Easement Number of Pages 4 Date of Document 2-9-93 Signer(s) Other Than Named Above <01991 NATIONAL NOTARY ASSOCIATION, 8236 Remmel Ave.' P,O. Box 7184. Canoga Partl., CA 91304-71