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1988-536797 ; ~ WHEN-RECORDb,'~ ~THISINSTRUMENT TO.- - = - _ ; CRRDIFF SANITATION pISTRTCT ~ - - - CLERK, BOARD OF SUPERVISORS SAN pIEGO COUNTY ADMINISTRATION CENTER , 1600 PACIFIC HIGHWAY ~ SAN- DiECO; GALIFORNIA92101 ~ • , ' t.; ~ I.. ~ ~ - :u:~.R `-_NO TRANSF.ER TAX DUE . PdO FEE Assessor's Parcel TM4376-1/ Noe. 264-160-50 SUBORDINATION AGREEMENT Project: Lone Jack Road W.O. No.: TE 5410 Parcel No.: 88-0286-A I, Log Noe: 300-05 FOR VALUE RECEIVED, the undersigned, as Beneficiary under the ,!I i Deed o£ Trust described in Paragraph II, and as the owner and holder ; of the obligations thereby secured dves hereby make sub„ject.,wand subordinate the liens thereof to the easement hereinafter described in Paraqraph III, it being understood and ac;reed that forec,osure of said Deed of Trust shall not affect, defeat or render invalid any rights under and by virtue of said easeroent, and said easement shall be paramourit and superior to the rights of any purchaser under any foreclosure of said Deed of Trust. Beneficiary declares and acknowledges that it hereby intention- ally waives, relinquishes and subordinates the priorities and ' superiorities of the li en and charge of the Deed of Trust described in Paragraph II upon the land described therein in favor of the easement deacribed in Paragraph III to which the Deed of Trust described in Paragrzph Ii is hereby subject and subordinate as above provided; 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 Thi.rd Parties which would not be made or entered into but for said ~ . ~~v L'i 'NOV 2 1 1988 SCANNED REAL PROPtRTY ~ ,j reliance and the execution by Beneficiary of this waiver, relin- quishment and subordination. II. A Deed o f Trus t da ted Ap1l 18, 1982 in the amount ° f s _ ,6 00 , executed by A.A.C. Development, Inc., A Califarnia Cor orcatilion as Trustors, SM~T~D' Cor oratian, A California Corporation I , as Trustee, in favor of St ne. R. Keou h and G1oria L. k'pnu h, Husband and i8ife as as Beneficiary, was recorded ~ _ Ju~v13, 1988 , in the Office of the County Recorder of San Dieqo County as File/Paqe t7o. 88-338014 2f Off-6cia7 Records . III. THE EAS EMENT : I - _ An easement for sewer line purposes over and ~ upon the real property'described in Exhibit "A" attached hereto in favor of the Cardiff Sanitation District ~ , ~ i , : SIGNATURE AND ACKNOWLEDG_,.ENT PAGE ~ . BY: STANLEY R. KEOUG BY : , LORIA L. KEOUGH a STATE OF CALIFORNI - E+ COUNTY OF,'ff-,ri ~SS. ~ FOR NOTARY SEAL OR STAMP C On this 7-1 day of , in the year a before me, the undersigned, a Notary Pu ic in and for said County and State, 'E perso aily appeared ~ ~ bFFfCIAL SEAL , CIAUDIA LEVINDQfSKf :'-o personally kn to me or proved me o~ basis of satisfactory evidence 5 to be the person whose name i subscribed to this instrument; and -9 NOiARY PUBLIC • CqUF~RNM ~ n acknowledged that he (she o ey xecuted it. PRIP1CIpql OFFICE iN 00 _ SAN DIEGO CpUryy'y ~ m1 Commission Exp. Sept. 1990 ~ w ~ ~ ; 0 Signature Notary Public in and for said Cou ~y and State ~ I This is to certify that the interest in real property canveyed by the foregoing Subordination Agreement t4 the Coanty of San Diegoy a palitical corporaiion, is herehy accepted on behalf of the Board of Supervisors of said Caunty of San Diego pursuant to autharity conferred by Resoiution af said Board adopted March 20, 1979, and the Grantee consents to recordation thereof by its duly autharized officer. ~ Dated u . RALY'H M. WE15h1ANPl, Deputy Directar (Acting), . Real Properfy Management Division . • . Department of General Services , , . . - . ~ . . ~21 A strip of land 15,00 feet wide lying within Block 88 of CULUNY' OLIVEyHAIN, in the City of Encinitas, County of San Oiego, State of California, according to hiap thereof No. 326 filed in the Office of the County Recorder of said County, included in that land described in deed to A. R. C. Development, Inc., a California corporation, recorded July 13, 1988 at File/Page No. 88-338013 in said County Recorder's Office, the sidelines of said strip lying 7.50 feet on each side"of the following described centerline: COMMENCING at the most Southerly corner of that land described in deed to Patrick 6. Greenwell, et ux, recorded April 7, 1988. at File/Page No. 88-160798 in said County Recorder's Office, said corner being also the intersection of the centerlines of 13th Street and "0" Street, both vacated and closed to public use, and lying within said Colony Olivenhain; thence along said centerline of "G" Street (vacated) North 15°03'15° East, 266.48 feet to the TRUE POINT OF BEGI(vNING, being a point on the arc of a non-tangent 200.00 foot radius curve concave Southwesterly, a radial line to: said point bears North 48°18'29" East; thence NorthwQsterly a?ong the arc of said curve through a central angle of 32°56'08", a distance of 114.97 feet; thence tangent to said curve North 74°37'39" West, 266.55 feet to a line that is parallel with and 7.50 feet Southeasterly of the centerline of "N" Street (vacated) as shown on said Map No. 326; thence along said parallel line, North 14°49'47" East, 152.76 feet; thence North 59°00'58" West, 206.14 feet to the beginning of a tangent 200.00 foot radius curve concave Southerly; thence Northwesterly along the arc of said curve through a centrai angle of 57°23'27", a distance of 200.33 feet; thence non- tanyent to said curve, North 87°42'20° West, 193.80 feet to the beginning of a tangent 200.00 foot radius curve concave yortherly; thence Westerly along the arc of said curve through a central angle of 05°23'19", a distance of 18.81 feet; thence tangent to said curve North 82°19'O1" West, 178.85 feet; thence North 85o56'23 West, 490.97 feet to a line that is parallel with and 89.50 feet Westerly of the centerline of K Street (vacated) as shown on said Map No. 326; thence along said parallel line,"South 14°14'00" West, 261.14 feet to a line that is parallel with and 7.50 feet Northerly of the centerline of said 13th Street (vacated); thence along said parallel line, North 73°31'26° West, 304.07 feet io a l i ne that i s paral 1 el with and 7.50 feet Westerly _of the center i i ne or "J" Street (vacated ) as shown on sai d Map No. 326; thence al ong sai d paral iel i i ne, South 15°20'40" West, 53.56 feet to a line tnat is parallel with and 7.50 feet Northerly of the Southwesterly line of that land described in deed to Jane Claypool, recorded November 15, 1984 at File/Page No. 84-429783 in said Cnunty Recorder's Office; thence along said parallel line, North 72°56'36" West, 96.00 feet to the Northwesterly 1.ine of said Claypool 1and, and tne POINT OF TERMINUS. The sidelines of said 15.00 foot wide strip of land shall be lengthened and/or shortened so as to terminate Southeasterly in said centerline of "0" Street (vacated) and Northwesterly in said Northwesterly line of Claypool's lando X141BITA E '