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Subordination Agreement 1992-0388417 RECORDING REQUESTED BY: ) ) CITY OF POWAY ) ) AND WHEN RECORDED MAIL TO: ) ) CITY CLERK ) CITY OF POWAY ) P.O. BOX 789 ) POWAY, CA 92064 ) ) No transfer tax due ) 127 DOC" 1992-0388417 23-JUN-1992 10=03 AM OFFICIAL RECORDS SAN OIEGO COUHTY RECORDER'S OFFICE AHHETTE EVAHS. COUHTv RECORDER FEES: G. OC (This space for Recorder's Use) SUBORDINATION AGREEMENT FOR VALUE RECEIVED, the undersigned, as Beneficiary under a Deed of Trust dated September 13, 1989, recorded in the Office of the County Recorder of San Diego County September 22, 1989, File No. 89-511277 and as owner and holder of the obligations thereby secured does hereby make subject and subordinate the liens thereof to the Easements granted by Peter A. Orner and Rosalind D. Orner, husband and wife, as joint tenants, 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 easements, and said easements shall be paramount and superior to the rights of any purchaser under a foreclosure of said Deed of Trust. Deed of Trust. Said easements were recorded (,.-.;1.;1.-&0(;1. , File No. l 'i'i.;l. -O~&8'-tL\' , and affects the real property described in said The undersigned Beneficiary of said Deed of Trust declares and acknowledges that it hereby intentionally waive, 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 easements, 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:m~ C~I IC/tJ,;:u BENEFICIARY: HP Employees Federal Credit Union ROW No. Exc. No. Project: By: ~ ~~_.Irlx.J By: (Signatures must be notarized. Notary form attached. ) ALL-PURPOSI ACKNOWUDGMINT State of California } 128 CAPACI1Y CLAIMED BY SIGNER County of San Diego o INDIVIDUALISJSIGNINGFOAONESELFfTIiEMSELVES On May 5, 1992 before me, Janet C. Sonntag (name, title of officer), personally appeared - - -NANCY VAN DAM - - - - - ------- o gW~~~jE TlTlE(SI . ~ersonallY known to me - OR - 0 proved to me on the basis of satisfactory evidence to COMPANY be the person~) whose name~) is/am subscribed to the within instrument and acknowl. edged to me that~/she/~executed the same imJQYher/m authorized capacity(l!K;), and OPAATNERISJ PARTNERSHIP that byJt!ls(her/1tIe1r signature{lQ on the instrument the person(lQ, or the entity upon behalf of which the person(llIj acted, executed the o ATTORNEY- IMAGT PRINCIPALISj instrument. OTRUSTEEISI TAl'" WITNESS my hand and official seal. Branch Manager ~OTHER @ ~~AA'_ TITLE(SI ,'-' JANET C SONNTAG :. ' ? Notary Pubhc - California TlTLE(S) ,- SAN OIEGO COUNTY , My Comm, Explreo SEP 27,1994 ENTITY(IES)AEPRESENTED ~\IlJ:l' ~ThAd10 ~ ENTITY(IESIREPRESENTED S nature NO 209 C NA1lCI>W... r-.QTARY ASSOlJAT1ON.823Il RIrnmet/lNe. .P.O. Box 7184. Canoga PanI, 0\ 91:1)4.7184 It'9 EXHIBIT "A" ALL THAT PORTION OF THE WEST HALF OF THE SOUTHWEST QUARTER OF SECTION 30, TOWNSHIP 13 SOUTH, RANGE 1 WEST, SAN BERNARDO BASE AND MERIDIAN, IN THE CITY OF POWAY, COUNTY OF SAN DIEGO, STATE OF CALIFORNIA, ACCORDING TO OFFICIAL PLAT THEREOF, HORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHWESTERLY CORNER OF LAND DESCRIBED UNDER PARCEL 2 IN DEED TO PETER A. ORNER AND ROSALIND D. ORNER, RECORDED JULY 5, 1977 AS FILE/PAGE NO. 77-266480,OF OFFICIAL RECORDS;'THENCE ALONG THE NORTHERLY LINE OF PARCEL 2 OF SAID ORNER LAND, SOUTH 80052'50" EAST, 20.00 FEET; THENCE SOUTH 9007'10" WEST, 28.89 FEET TO A POINT IN THE SOUTHERLY LINE OF PARCEL 2 OF SAID ORNER LAND; THENCE ALONG SAID SOUTHERLY LINE, NORTH 80052'50" WEST, 20.00 FEET TO THE SOUTHWESTERLY CORNER THEREOF; THENCE ALONG THE WESTERLY LINE OF PARCEL 2 OF SAID ORNER LAND, NORTH 9007'10" EAST, 28.89 FEET TO THE POINT OF BEGINNING. THIS LEGAL DESCRIPTION (EXHIBIT "A") AND THE PLAT (EXHIBIT "B"), ATTACHED HERETO AND MADE A PART OF THIS LEGAL DESCRIPTION, WERE PREPARED BY ME OR UNDER MY DIRECTION. .;;r:. -.. ~ ~ 9-11- 90 LAWRENCE . Me RE, L.S. 5486 EXPIRES: 9/30/92 130 Ll 68.56' NOTE: ALL MATHEMATICAL DATA SHOWN HEREON IS BASED UPON R.OS. 7088 AND DEED REC. JULY 5, 1977 AS nLE NO. 77-266480 .AJ OF O.R. -0,." (:f -0 <2e.e... <2'\T.J.... <,j 0f') "1 "', "'e. '\T VI' <::".' <.:; I. IS.'\T <7 .:> '\T e- 'e "'-'\To <2;> 41.c 'On .e.. ~~' /, <:; ~ ~8 paR. W, J/2 S~c. 30 (,J' A.P,N. 275-700-39 ....J:g 01ri ~=06'05'10' v C\J (;) L=39.30' Q, I\.i A.P.N. <"1.5;<2.:;, R=370.00' il j' 275-700-38 'C. .... L5 30.00' 4I.C~J.3' R.OS. 1.;);)\9. ~=26'24'30' 0.;>.:;, L=170.54' R=370.00' A.P.N. 275-700-35 T. J3 S. RJ W. S.B.M. '-4 10;> ~=04'14'40' .88' L=31.85' R=430,OO' \..7 206'\'3' SEE i .., '" :. g 1->(\.] o (\.] -1 (\.] N 1-=100' ~=06'OS'10' L=42.49' R=400.00' .6.=32'29' 40' L=226.8S' R=400.00 ~=26'24'30' L=184.36' R=400.00' --:j' It) 0) ---;' 0... ~<t: ~ < <'1 <\1 60' eASEMENT RESERVED FOR ROAD PURPOSES PER R.O.S. 6720 1-> o -1 L!.=04'14'40' L=29,63' R=400,00' L8 30,00' 1->0 O(\.] -1<'1 Ll N 09'07'10' E L2 N 80'52'50' 1,/ L3 N 60'09'50' 1,/ L4 N IS'27'40' E LS N 86'58'00' 1,/ (R) L6 N 23'22'30' 1,/ L7 N 7S'29'00' E L8 N 70'52'10' E (R) SAGEVOCD LANE VICINITY MAP H.r.$. rA I'C. ~ lMl&~SON ~ &~~OeE& 1'~~ n~e. PLANNING . ENGINEERING . SURVEYING EXHIBIT - B" WA TER EASEMENT A.P,N. 275-700-38 REF TRACT NO. 88-12 OLl.Tf": 8-31-90 J.N 89-37 .311 EAST WASHINGTON A v'E". rc;r'm.'j/")I) 'C"'.' 9?n2S-7RRl . (619)741-3570 --.-----.-'" 1 OF 2 ~ ~ '" '" ~ " 131 2 OF 2 N 1-=50' 11 N 09'07'10' E L2 N 80'52'50' IJ L3 N 60'09'50' IJ ~ ""f .-.1 i11 {gl , g (if OJ -J P.D.B. L1 28,89' C) o ~ & o o ' o 0 N c:i q \0 lev ~ " 5 f:2r::J::J ~ .... Iri <r .,J ~ & ::i ~ 60' iii 30' I 30' ~ ... -J (;} ~";} (J .96'_ ~6' (J 'B9_ (~ . <->s.'""--.... <2"0 i'....->a~ '09. V'..t Ie ~ ,q(c'./) .)~ POR. W. 1 2 SEC. 30 T. 13 S. R1 W. S.B.M. 60' EASEMENT RESERVED FOR ROAD PURPOSES PER R.O.S. 6720 lM!I;,SSON ~ I;,SsoceXI;, 'ii'~S ENe. PLANNING . ENGINEERING . SURVEYING ~.., 1 ::-':--:- 1')~ (""_.i" ',.-.T".' -': 1-::- EXHIBIT nBn WATER EASEMENT A.P.N. 275-700-38 REF TRACT NO. 88-12