HomeMy WebLinkAboutCMWD 83-107; Pacific Savings Bank; 85-262841; Subordination Agreement' 'RECORDED AT THE RWUEGT OF:
. lSAFECO TiTLE INSURANCE CO. ,
RECORDED AT THE REQUEST Oh mC0 TITLE INSURANCE CO.
1985 JUL 2 4 AM8:OO
After Recording, Return to:
Woodside/Kubota and Associates, Inc.
P.O. Box 1095
Carlsbad, CA 92008
VERA L. LYLE 1 COUNTY RECORDERA
NO FEE
File No. C-652881/Project No. CMWD 83-107
SUBORDINATION AGREEMENT
PACIFIC SAVINGS BANK, successor by merger with
OCEANSIDE FEDERAL SAVINGS AND LOAN ASSOCIATION, a corporation, holder(s)
of the beneficial interest in a deed of trust dated April 21, 1961,
and recorded May 31, 1961, Series 2, Book 1961, File No. 92794, Official
Records, in the County of San Diego, State of California, affecting the
hereinafter described real property in said County and State, HEREBY
subordinate(s) the encumbrance, lien, or charge of said deed of trust to
the easement over said land conveyed to
COSTA REAL MUNICIPAL WATER DISTRICT
by Instrument recorded FEBRUARY 28, 1985, AS FILE NO. 85-065556, and
AGREE that foreclosure or other enforcement of rights under said deed of
trust shall not affect said easement. The easenient described in this
agreement affects that real property in the County of San Diego, State of
California, described as: '\
(See attached Exhibit "A")
a
Dated this 19 day of July , 1985. -
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(ACKNOWLEDGEMENT)
PACIFIC SAVINGS BANK, successor by
meruer with OCEANSIDE FEDERAL SAVINGS AND LOAN
ASSOCIATION, a corporation
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EXHIBIT "A"
ALL THAT PORTION OF TRACT 6 OF LAGUNA MESA TRACTS, MAP NO. 1719, ON
FILE IN THE OFFICE OF THE COUNTY RECORDER OF SAN DIEGO COUNTY, STATE
OF CALIFORNIA, MORE PARTICULARLY DESCRIBED AS FOLLOWS:
A STRIP OF LAND 15.00 FEET IN WIDTH, LYING 7.50 FEET ON EACH SIDE AND
PARALLEL WITH THE FOLLOWING DESCRIBED CENTERLINE:
COMMENCING AT THE INTERSECTION OF THE SOUTHERLY BOUNDARY LINE OF
COUNTY ROAD AND THE EASTERLY BOUNDARY LINE OF OLIVE DRIVE, AS SHOWN
ON SAID LAGUNA MESA TRACTS, MAP NO. 1719; THENCE NORTH OOo02'OO" WEST
ALONG SAID EASTERLY BOUNDARY LINE OF OLIVE DRIVE A DISTANCE OF
1429.75 FEET TO THE TRUE POINT OF BEGINNING; THENCE NORTH 45"30'00"
EAST, 83.64 FEET TO THE BEGINNING OF A TANGENT CURVE CONCAVE
SOUTHEASTERLY AND HAVING A RADIUS OF 100.00 FEET; THENCE NORTHEASTERLY
ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 33"55'00" A DISTANCE
OF 59.20 FEET; THENCE NORTH 79O25'00" EAST 89.43 FEET TO THE BEGINNING
OF A TANGENT CURVE CONCAVE NORTHWESTERLY AND HAVING A RADIUS OF 100.00
FEET; THENCE NORTHEASTERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE
OF 22O36'00" A DISTANCE OF 39.44 FEET; THENCE NORTH 56°49'00" EAST
47 FEET MORE OR LESS TO A POINT ON THE SOUTHWESTERLY LINE OF AN EXISTING
20-FOOT WIDE EASEMENT DEDICATED TO THE OCEANSIDE MUTUAL WATER COMPANY,
RECORDED IN THE OFFICE OF SAID COUNTY RECORDER PER BOOK 672, PAGE 362,
SAID POINT BEING THE POINT OF TERMINATION.
THE SIDELINES OF SAID EASEMENT TO BE LENGTHENED OR SHORTENED TO
TERMINATE IN SAID EASTERLY BOUNDARY LINE OF OLIVE DRIVE AND SAID
SOUTHWESTERLY LINE OF THE 20-FOOT WIDE EASEMENT.
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} S.S. STATE OF CALIFORNIA
COUNTY OF San Bernardino
Onthisthe 19th dayof July 1985 before me,
the undersigned, a Notary Public in and for said County and State,
personally appeared Louise F. Martin
, personally
known to me or proved to me on the basis of satisfactory evidence to be
the Vice President, and Devon Moore
, personally
known to me or proved to me on the basis of satisfactory evidence to be
Asst. Secretary of the corporation that executed the within
instrument on behalf of the corporation therein named, and acknow-
ledged to me that such corporation executed the within instrument
1 FOR NOTARY SEAL OR STAMP
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1/03/85 CMWD 83-107
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EASEMENT PLAT MAP
CMWD 83-107