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HomeMy WebLinkAboutCT 91-01; Galey & Kemmerly Homes, Inc.; 1992-0740125; Easement1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 10 19 20 21 22 23 24 25 26 27 28 760 PLEASE RECORD THIS DOCUMENT AT NO FEE AS IT IS TO THE BENEFIT OF THIS DISTRICT (GOV. CODE [6103]) WHEN RECORDED, PLEASE MAIL TO: RECORDING REQUESTED BY AND Engineering Department Carlsbad Municipal Water District 5950 El Camino Real Carlsbad, California 92008 c,. .. . , Space above this line for Recorderrs use. .,. ,. Assessor's Parcel No. 155-271-29. Project Name.& r no. sauna Villaae. C.T. 91-01 30 CMWD Proiect - NO. 89 -_ C 3 29 DOCUMENTARY TRANSFER CARLSBAD MUNICIPAL . '; WATER DISTRICT TAX: None Board of Directors E~SEMENT GALEY AND KEMMERLY HOMES, 'INC., a California corporation, does hereby grant to CARLSsAD MUNICIPAL WATER DISTRICT, a Public Agency organized in the State of California, its successors and assigns, an easement. Purpose: The easement granted herein shall be granted for the following purposes: the construction, operation, repair; reconstruction and all activities necessary to construct, reconstruct, operate, maintain and repair facilities designed for the general purpose of collecting, storing, transporting, pumping and treating all water, including surface water, stream water, flood water and ground water flowing into said facilities, and all natural and artificial drainage ditches and structures of any kind, ... a! 1 3/14/91 REV. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 10 19 20 21 22 23 24 25 26 27 20 76 1 whether above or below the surface of the ground. 2 .lities, Said facility may include pipelines, pumping faci structures designed to control the flow of water and all facilities and structures associated with said use which are designed to facilitate the use and protect the facility from natural and other forms of damage including, but-",limited to, erosion control facilities, fence&, gates, doors, locking devices, alarms, lights, and all other protective facilities and devices. The use shall also include a means of access to and from said facility for the purpose of Constructing, operating, repairing,' maintaining, inspecting and reconstructing said facility. '. .' The uses described herein shall be exclusiV@ to the Grantee. Grantor herein agrees that no buildings and/or structures will be erected, walls constructed, fences built nor trees planted, nor may the easement~be used by the Grantor or any other person or entity, including other utilities, whether public or private, for uses whether compatible or in'cbmpatible with the uses described herein without the express written approval of the Grantee. /// /// /// /// /// /// /// /// /// /// 3/14/91 REV 1 2 3 4 5 6 7 a 9 10 11 12 13 14 15 16 17 la .19 20 21 22 23 24 25 26 27 2a 762 LOCATION OF THE EASEMENT: The easement granted herein she 111 be located withir I an d upon the properties more particularly described in Exhibit "A" and Exhibit ltBtl attached hereto and by this reference made a part hereof. APPROVED AS RONALD R. BALL GENERAL COUNSEL TO FORM: Qmru (title Ugnatory) / (Notarial acknowledgment of execution by GRANTOR must be attached.) CMWD 89 " c 339 3 3/14/91 REV. STATE OF CALIFORNIA COUNTY OF b\fv i On this >C day of b‘dMh , in the year 19-, q2 before me the undersigned. a Notary Public in and lor said State, personally appeared rn,&cLt 4. f3-4 I - . and Chc\’3bF)h4?K L. lkr? MV\4’k -to be the persons who executed the , personally known to me within instrument as President and Secretary. II ” respectively, of the Corporation therein named, and acknowledged to me tta: the Corporation executed it pursuant to its by-laws or a resolution of its board of directors. WITNESS my hand and official seal. AWL, % ACKNOWLEOGMENT-Cap “Pros 6 Scc -WoIco11s Farm 222CA-Rev 11~83 e1983 WOLCOTTS, INC 1~~~~~m18.21 Notary Public inland for said State. - 764 CERTIFICATION FOR ACCEPTANCE OF DEED This is to certifi that the interest in real proper5 conveyed by the grant deed or easement, dated ///g//p.r ,from GALEY AND KEMMERLY HOMES, INC., a California corporation. tothe CarlsbadMunicipal WaterDistrict, Carlsbad, California, a Municipal Water District Act of 1911, as amended, is hereby accepted by the undersigned omer or agent on behalf of the Carlsbad Municipal Water Distrkt, Carlsbad, California, pursuant to authority conferred by Resolution NO.^ of the Carlsbad Municipal Water District adopted on January 28, 1992, and the grantee consents to recordation thereof by it's duly authorized oficer. CMWD 89-C-329 4 765 SHEET 1 OF 2 SHEETS EXHIBIT "A' WATER EASEMENT PORTIONS OF LOTS 1 THROUGH 6 INCLUSIVE IN BLOCK 8 OF SUNNY SLOPE TRACT MAP NO. 486 IN THE CIN OF CARLSBAD RECOR- DED FEBRUARY 2, 1888 IN THE OFFICE OF THE COUNTY RECORDER, COUNTY OF SAN DIEGO, STATE OF CALIFORNIA, MORE PARTICULARLY DESCRIBED AS FOLLOWS; COMMENCING AT THE SOUTHWEST CORNER OF PARCEL 1 OF THENCE ALONG THE WESTERLY LINE THEREOF NORTH Oo"03'30" EAST (NORTH OO"O7'00" EAST PER PM NO. 4888). 4.00 FEET; THENCE LEAVING SAID WESTERLY LINE AND ALONG A LINE PARALLEL WITH AND 4.00 FEET NORTHERLY FROM THE NORTHERLY SIDELINE OF LAGUNA AVENUE AS SHOWN ON PM NO. 4888, NORTH 89"56'31" WEST, 53.21 FEET TO THE POINT OF BEGINNING; THENCE NORTH OO"03'29" EAST, 45.00 FEET TO A POINT HEREINAFTER REFERRED TO AS POINT "A"; THENCE CONTINUING NORTH Oo"03'29" EAST, 65.00 FEET TO A POINT HEREINAFTER REFERRED TO AS POINT "B; THENCE CONTINUING NORTH OO"0329" EAST, 68.00 FEET TINUING NORTH OO"O3'29" EAST, 23.39 FEET TO A POINT ON A TANGENT 59.50 FOOT RADIUS CURVE CONCAVE EASTERLY; THENCE NORTHERLY TANCE OF 15.15 FEET TO A POINT OF REVERSE CURVATURE ON A 18.00 FOOT RADIUS CURVE CONCAVE WESTERLY, A RADIAL LINE TO SAID POINT BEARS SOUTH 75"20'58" EAST; THENCE NORTHERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 21"15'37", A DISTANCE OF 6.68 FEET TO A POINT HEREINAFTER REFERRED TO AS POINT "D", A RADIAL LINE TO SAID POINT BEARS NORTH 83"23'25" EAST; THENCE CONTINUING NORTHWESTERLY, WESTERLY AND SOUTHWESTERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 173'02'45", A DISTANCE OF 54.36 FEET TO A POINT HEREINAFTER REFERRED TO AS POINT "E", A RADIAL LINE TO SAID POINT BEARS NORTH 8939'20" WEST; THENCE CONTINUING SOUTHERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF TURE ON A 59.50 FOOT RADIUS CURVE CONCAVE WESTERLY, A RADIAL LINE TO SAID POINT BEARS NORTH 75"27'56" EAST; THENCE SOUTHERLY TANCE OF 15.15 FEET; THENCE TANGENT TO SAID ,CURVE SOUTH Oo"03'29" WEST, 26.39 FEET TO A POINT HEREINAFTER REFERRED TO AS POINT "F"; THENCE CONTINUING SOUTH OO"03'29 WEST, 38.59 FEET TO A POINT HEREINAFTER REFERRED TO AS POINT "G; THENCE CONTINUING C.M.W.D. 89-C.329 PARCEL MAP NO. 4888 RECORDED JULY 8, 1976 AS FILE NO. 76-213881; TO A POINT HEREINAFTER REFERRED TO AS POINT "C"; THENCE CON- ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 14"35'33", A DIS- 14"52'44", A DISTANCE OF 4.67 FEET TO A POINT OF REVERSE CURVA- ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 14"35'33", A DIS- EXHIBIT 'A" WATER EASEMENT SHEET 2 OF 2 SHEETS 766 SOUTH Oo"03'29" WEST. 29.41 FEET TO A POINT HEREINAFTER REFERRED TO' AS POINT "H"; TFIENCE CONTINUING SOUTH Oo"03'29" WEST, 59.00 FEET TO A POINT HEREINAFTER REFERRED TO AS POINT "I"; THENCE CONTINUING SOUTH OO"O3'29" WEST, 48.00 FEET; THENCE SOUTH 89"56'31" EAST, 31.00 FEET TO THE POINT OF BEGINNING. TOGETHER WITH THE FOLLOWING STRIPS OF LAND 5.00 FEET IN WIDTH LYING 2.50 FEET ON EACH SIDE OF AND PARALLEL WITH THE FOLLOWING EIGHT (8) DESCRIBED CENTERLINES; (1) BEGINNING AT SAID POINT 'A"; THENCE SOUTH 8936'31" EAST, 5.00 FEET TO THE POINT OF TERMINUS. (2) BEGINNING AT SAID POINT "B"; THENCE SOUTH 8956'31" EAST, 5.00 FEET TO THE POiNT OF TERMINUS. (3) BEGINNING AT SAID POINT "c"; THENCE SOUTH 89'56'31" EAST, 5.00 FEET TO THE POINT OF TERMINUS. (4) BEGINNING AT SAID POINT "D'; THENCE NORTH 83'23'25" EAST, 5.00 FEET TO THE POINT OF TERMINUS. (5) BEGINNING AT SAID POINT "E"; THENCE NORTH 89"39'20 WEST, 5.00 FEET TO THE POINT OF TERMINUS. (6) BEGINNING AT SAID POINT 'F'; THENCE NORTH 89"56'31" WEST, 5.00 FEET TO THE POINT OF TERMINUS. (7) BEGINNING AT SAID POINT "H"; THENCE NORTH 8956'31" WEST, (8) BEGINNING AT SAID POINT 'c THENCE NORTH 89'56'31" WEST, 5.00 FEET TO THE POINT OF TERMINUS. 5.00 FEET TO THE POINT OF TERMINUS. TOGETHER WITH A STRIP OF LAND 10.00 FEET IN WIDTH LYING 5.00 FEET ON EACH SIDE OF AND PARALLEL WITH THE FOLLOWING DE- SCRIBED CENTERLINE; 10.00 FEET TO THE POINT OF TERMINUS. BEGINNING AT SAID POINT G" THENCE NORTH 89"56'31" WEST, THE SIDELINES OF SAID 5.00 FOOT STRIPS OF LAND AT POINTS D AND E SHALL BE LENGTHENED OR SHORTENED TO END ON SAID ARCS OF CURVE. C.M.W.D. 89-C.329 - WESTERL Y L (N€ OF PAR/ PM 4888. PO/NTS A TffRUz DETAIL A V/C/N/TY MAT NZS CMMO 83-C 32. PROJECT NAME: EXHIBIT C PROJECT TITLE I I /298 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 , ->' 18 19 2a 21 22 23 24 25 2f 27 28 763 PLEASE RECORD THIS DOCUMENT AT NO FEE AS IT IS TO THE BENEFIT OF THIS DISTRICT (GOV. CODE [6103]). WHEN RECORDED, PLEASE MAIL TO RECORDING REQUESTED AND Carlsbad Municipal Water District Carlsbad, California 92008 5950 El Camino Real 1 Space above this line for ~ ~ Recorder's use. A.P.N1..155-271-29, 30 CMWD No. 89-C-329 ,. ' , .~ ,, SUBORDINATION AGREEMENT NOTICE: 'THIS SUBORDINAI'IONAGREEMENT RESULTS PROPERTY BECOMING SUBJECT TO AN IN YOUR SECURITY INTEREST IN THE ESTATE IN THE REAL PROPERTY TO WHICH YOUR SECURITY INSTRUMENT ATTACHES AND HAS THE POTENTIAL EFFECT OF REDUCING THE VALUE OP YOUR SECURITY INTEREST. THIS AGREEMENT, made this 3' day of I hereinafter referred to as. I'Owner," owner of the land and ROBERT N. KENNEDY, trustee of the ROBERT N. KENNEDY REVOCABLE hereinafter referred to as "Beneficiary", present owner and holder LIVING TRUST dated March 18,(0wner) 1980 of the deed of trust hereinafter described: WITNESSETH THAT WHEREAS, GALEY AND KEMMERLY HOMES, INC., a (Trustor) California corporation did execute a deed of trust, dated September 2 , 19s to CHICAGE TITLE COMPANY. f Date) [Trustee) a California coruoration Lots 1 through 6 inclusive in Block 8 of Sunny Slope Tract Map NO as trustee, covering Portions of 486 in the Citv of Carlsbad recorded Februarv 2, 1988 in the Office of the County Recorder of San Diego, Laguna Village, Carlsbad Tract 91-01 I (Brief Legal Description) (See Exhibit "A" & "B" for Detailed Description) 1 3/26/91 REV. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 7'1 0 to secure a note in the sum of One Hundred Sixty Thousand Dollars ////////////////////($ 160.000.00 ) dated September 2 ROBERT N. KENNEDY, trustee of the ROBERT N. KENNEDY (Date) 19q2_, in favor Of REVOCAELE LIVING TRUST dated March 18, 1980 recorded in the office of the County Recorder of San Dieqo County (Lien Amount) (Beneficiary) f Countv) on October 12, 1992 , as File No. 1992-0648025 of official a- (Date Recorded) (F/P No.) Records of said county; and WHEREAS, ' Owner has ,executed, or is about to execute, as grantor, a grant of EASEMENT/EASEMENTS dated' W* 3, /992 , in favor of the Carlsbad Municipal Water Distriat as grantee, hereinafter 'referred to as "Easement Grantee," Creating AN/THE EASEMENT/EASEMENTS more particularly described in EXHIBIT/EXHIBITS "A" & "Bv attached hereto; and WHEREAS, Easement Grantee is willing to accept said EASEMENT/EASEMENTS provided the grant of EASEMENT/EASEMENTS is a charge upon the above described property prior and superior to the lien or charge of the deed of trust above mentioned and provided that beneficiary will specifically and unconditionally subordinate the lien or charge of the deed of trust above mentioned to the lien or charge of the EASEMENT/EASEMENTS created in favor of Easement Grantee; and WHEREAS, it is to the mutual benefit of the parties hereto that Easement Grantee accept said EASEMENT/EASEMENTS and Beneficiary is willing that the grant of EASEMENT/EASEMENTS shall, when recorded, constitute a charge upon said land which is unconditionally prior and superior to the lien or charge of the deed of trust above mentioned. NOW, THEREFORE, in consideration of the mutual benefits accruing to the parties hereto and other valuable consideration, 2 3/26/91 REV. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 771 the receipt and sufficiency of which consideration is hereby acknowledged, and in order to induce Easement Grantee to accept said EASEMENT/EASEMENTS above referred to, it is hereby declared, understood and agreed as follows: 1. That said EASEMENT/EASEMENTS in favor of Easement Grantee shall unconditionally be an8 rgmain at all times a charge on the property therein described,' pridr and superior to the lien or charge of the deed of trust above mentioned. ., 2.' That Easement Grantee would not^ accept said EASEMENT/EASEkENTS above described without this subordination agreement .~ .. s _I ~ ". .' 3. That this agreement shall be the whole 'and only agreement with regard to the subordination of the lien o?.' charge of the deed of trust above mentioned to the EASEMENT/EASEMENTS in favor of Easement Grantee above referred to and shall supersede and cancel, but only insofar as would affect the priority between the deed of trust and EASEMENTpASEMENTS hereinbefore specifically described, any prior agreement as to such subordination including, but not limited, those provisions, if any, contained in the deed of trust above mentioned, which provide for the subordination of the lien or charge thereof to another interest in the real property therein described. BENEFICIARY declares, agrees and acknowledges that: 1. He consents to and approves the grant of EASEMENT/EASEMENTS in favor of the Easement Grantee. 2. He intentionally and unconditionally waives, relinquishes and subordinates the lien or charge of the deed of trust above mentioned to the EASEMENT/EASEMENTS in favor Of 3 3/26/91 REV. 1 2 3 4 5 6 7 0 9 10 11 12 13 14 15 16 17 18 19 2c 21 22 2: 24 25 2E 2i 2E 772 Easement Grantee above referred to and understands that in reliance upon, and in consideration of, this waiver, relinquishment and subordination of the grant of EASEMENT/EASEMENTS is being executed and delivered, the EASEMENT/EASEMENTS IS/ARE being created, and that specific monetary and other obligations are being and will be entered into by the Easement Grantee, other lenders and title insurance companies' which would not f;e ma& or entered into but for said reliance 'upon the waiver,. relinquishment and subordinati%z .and .. 3. 'An endorsement has been placed upon the note secured by the deed of trust above mentioned that said deed of trust has by this instrument been subordinated to the charge of the EASEMENT/EASEMENTS in favor of Easement Grantee above referred to Executed by th BENEFICIARY this E cuted .by t e 0 E this yL day of /6/l@b&/ , 19a & day of $tlVnFf , 19e BENEFICIARY: ROBERT N. KENNEDY. tIUSt€?e Of the (title) By : (authorized signature) (title) OWNER: Gx aC By: By: NOTE THAT THE PRESIDENT OR VICE-PRESIDENT AND THE SECRETARY OR ASSISTANT SECRETARY MUST SIGN A CORPORATE EXECUTION OF THIS DOCUMENT. ALTERNATELY A TRUE COPY OF THE RESOLUTION OF THE BOARD OF DIRECTORS THAT IS SIGNED BY THE SECRETARY OR ASSISTANT SECRETARY OF THE CORPORATION, UNDER CORPORATE SEAL SPECIFICALLY EMPOWERING THE INDIVIDUAL SIGNING IN BEHALF OF THE CORPORATION WILL SHOW SUFFICIENT AUTHORITY OF SAID INDIVIDUAL TO ACT IN THIS MATTER. IT IS RECOMMENDED THAT, PRIOR TO THE EXECUTION OF THIS 4 3/26/91 REV. I STATE OF CALIFORNIA COUNTY OF aM I 773 On this w day of DfiVe_pnW , in the year 19" 92 belore me, the undersigned, a Notary Public in and lor said State, personally appeared r(ltChGPi H. c&a\ecl KQM-WYLY , personally known to me within instrument as - -0 be the persons who executed the respectively. of the Corporation therein named, and acknowledged 10 me tz? the Corporation President and Secretary. executed it pursuant to its by-laws or a resolution of its board of directors. ' and chC\*@kf I WITNESS my hand and oflicial seal. ACKNOWLEOGMENT-Corp -Pres b SBC -WDlcollo Farm 222CA"Rev 11-83 01983 WOLCOTTS. INC ,p"cecIai58~21 .. NOTARY ACKNOWLEDGEMENT STATE OF FLORIDA. BROWARD county In the State aforesaid and in the County aforesaid to take acknowledgements, personally appeared Robert N. Kennedy , to me known to be the person (8) described In and who executed the foreging instrument and acknowledged before me that he executed the same for the purpose therein expres I hereby cerlify that on this day, before me, an officer duly authorized day of- WITNESS y hand d official seal In the County and State aforesaid this ,19=. .- . , 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 775 SUBORDINATION AGREEMENT, THE PARTIES CONSULT WITH THEIR ATTORNEYS WITH RESPECT THERETO. Approved as to form: &:& 9 /&-=e* m?G. Ronaltf R. Ball, Gekferal Counsel (Notarial acknowledgement of execution of OWNER and BENEFICIARY must be attached. t CMWD 89-C-239 5 3/26/91 REV. . 776 SHEET 1 OF 2 SHEETS EXHIBIT "A' WATER EASEMENT PORTIONS OF LOTS 1 THROUGH 6 INCLUSIVE IN BLOCK 8 OF DED FEBRUARY 2, 1888 IN THE OFFICE OF THE COUNTY RECORDER, COUNTY OF SAN DIEGO, STATE OF CALIFORNIA, MORE PARTICULARLY DESCRIBED AS FOLLOWS; COMMENCING AT THE SOUTHWEST CORNER OF PARCEL 1 OF THENCE ALONG THE WESTERLY LINE THEREOF NORTH Oo"O3'30" EAST (NORTH Oo"07'00" EAST PER PM NO. 4888), 4.00 FEET; THENCE LEAVING SAID WESTERLY LINE AND ALONG A LINE PARALLEL WITH AND 4.00 FEET NORTHERLY FROM THE NORTHERLY SIDELINE OF LAGUNA AVENUE AS SHOWN ON PM NO. 4888, NORTH 89"5631" WEST, 53.21 FEET TO THE POINT OF BEGINNING; THENCE NORTH Oo"O3'29 EAST, 45.00 FEET TO A POINT HEREINAFTER REFERRED TO AS POINT "A"; THENCE CONTINUING NORTH Oo"03'29 EAST, 65.00 FEET TO A POINT HEREINAFTER REFERRED TO AS POINT "B; THENCE CONTINUING NORTH Oo"03'29" EAST. 68.00 FEET TINUING NORTH OO"O3'29 EAST, 23.39 FEET TO A POINT ON^ A TANGENT 59.50 FOOT RADIUS CURVE CONCAVE EASTERLY; THENCE NORTHERLY TANCE OF 15.15 FEET TO A POINT OF REVERSE CURVATURE ON A 18.00 FOOT RADIUS CURVE CONCAVE WESTERLY, A RADIAL LINE TO SAID POINT BEARS SOUTH 75"20'58 EAST; THENCE NORTHERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 21"15'37". A DISTANCE OF 6.68 FEET TO A POINT HEREINAFTER REFERRED TO AS POINT "0, A RADIAL LINE TO SAID POINT BEARS NORTH 83"23'25" EAST; THENCE CONTINUING NORTHWESTERLY, WESTERLY AND SOUTHWESTERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 173"02'45", A DISTANCE OF 54.36 FEET TO A POINT HEREINAFTER REFERRED TO AS POINT "E", A RADIAL LINE TO SAID POINT BEARS NORTH 8V3920" WEST; THENCE CONTINUING SOUTHERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF TURE ON A 59.50 FOOT RADIUS CURVE CONCAVE WESTERLY, A RADIAL LINE TO SAID POINT BEARS NORTH 75'27'56" EAST; THENCE SOUTHERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 14"35'33", A DIS- TANCE OF 15.15 FEET; THENCE TANGENT TO SAID , CURVE SOUTH Oo"03'29 WEST, 26.39 FEET TO A POINT HEREINAFTER REFERRED TO AS POINT "F"; THENCE CONTINUING SOUTH Oo"03'29" WEST, 38.59 FEET TO A POINT HEREINAFTER REFERRED TO AS POINT "G"; THENCE CONTINUING C.M.W.D. 89-C.329 SUNNY SLOPE TRACT MAP NO. 486 IN THE CITY OF CARLSBAD RECOR- PARCEL MAP NO. 4888 RECORDED JULY 8, 1976 AS FILE NO. 76-213881; TO A POINT HEREINAFTER REFERRED TO AS POINT "C"; THENCE CON- ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 14"35'33", A DIS- 14'52'44", A DISTANCE OF 4.67 FEET TO A POINT OF REVERSE CURVA- EXHIBIT 'A' WATER EASEMENT SHEET 2 OF 2 SHEETS 77 7 SOUTH 00'03'29" WEST, 29.41 FEET TO A POINT HEREINAFTER REFERRED TO' AS POINT "H"; TFIENCE CONTINUING SOUTH 00'03'29" WEST, 59.00 FEET TO A POINT HEREINAFTER REFERRED TO AS POINT "I"; THENCE CONTINUING SOUTH OO"O3'29" WEST, 48.00 FEET; THENCE SOUTH 89"56'31" EAST, 31.00 FEET TO THE POINT OF BEGINNING. TOGETHER WITH THE FOLLOWING STRIPS OF LAND 5.00 FEET IN WIDTH LYING 2.50 FEET ON EACH SIDE OF AND PARALLEL WITH THE FOLLOWING EIGHT (8) DESCRIBED CENTERLINES; (1) BEGINNING AT SAID POINT 'A"; THENCE SOUTH 8936'31" EAST, 5.00 FEET TO THE POINT OF TERMINUS. (2) BEGINNING AT SAID POINT "6"; THENCE SOUTH 8956'31" EAST, 5.00 FEET TO THE PO\NT OF TERMINUS. (3) BEGINNING AT SAID POINT THENCE SOUTH 89-56'31" EAST, 5.00 FEET TO THE POINT OF TERMINUS. (4) BEGINNING AT SAID POINT "0"; THENCE NORTH 83"23'25" EAST, 5.00 FEET TO THE POINT OF TERMINUS. (5) BEGINNING AT 'SAID POINT "E"; THENCE NORTH 89'39'20" WEST, 5.00 FEET TO THE POINT OF TERMINUS. (6) BEGINNING AT SAID POINT 'F; THENCE NORTH 89"5631" WEST, 5.00 FEET TO THE POINT OF TERMINUS. (7) BEGINNING AT SAID POINT 'H"; THENCE NORTH 89'5631" WEST, 5.00 FEET TO THE POINT OF TERMINUS. (8) BEGINNING AT SAID POINT "I"; THENCE NORTH 89"5631" WEST, 5.00 FEET TO THE POINT OF TERMINUS. TOGETHER WITH A STRIP OF LAND 10.00 FEET IN WIDTH LYING 5.00 FEET ON EACH SIDE OF AND PARALLEL WITH THE FOLLOWING DE- SCRIBED CENTERLINE; 10.00 FEET TO THE POINT OF TERMINUS. BEGINNING AT SAID POINT G"- THENCE NORTH 89"56'31" WEST, THE SIDELINES OF SAID 5.00 FOOT STRIPS OF LAND AT POINTS D AND E SHALL BE LENGTHENED OR SHORTENED TO END ON SAID ARCS OF CURVE. C.M.W.D. 89-C.329 L (N€ OF PAR/ PO/NTS A TM!UI I 4 LAGUNA . VlLL AGE C.T 91-01 /298 VlC/N/TY MAT A!zs CMWD. 89-C329 PROJECT NAME: PROJECT TITLE EXHIBIT C . LA CUNA: cr 3/-0/ V/L L AG€ /298 $9 $ 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 ' 20 21 22 23 24 25 26 27 28 '4 b u ,qy jT:; q,, -.I ,-.-<7 ,/ -, ,, i' G !LMI Y F,;AJ&'i %?;':< NO FEE AS IT IS TO THE BENEFIT PLEASE RECORD THIS DOCUMENT AT ) fij,b;pTr ,,,, IL, ,L Cl!""i ,vn$j.. Ly3,1'. Pq::&!7u ,I ~ 1,y-:--p '"'15 "i. ~.#:: OF THIS DISTRICT (GOV. CODE [6103]). ) RECORDING REQUESTED AND ) WHEN RECORDED, PLEASE MAIL TO ) ) ) "" r:: : ., . ,. . .. . I I , : )I Carlsbad Municipal Water District 5950 El Camino Real Carlsbad, California 92008 )'I' / ) I >' .. ). I; ,. , ,II, '.'Space.;wve this line for '.Recorder*.s use. .? , ,, A. P .'It,-& ,. CMWD No. -271-29, 30 -_ ,. _. , . ,, SUBORDINA'$IO& AGREEMENT NOTICE: THIS SUBORDINATION AGREEMENT RESULTS IN YOUR SECURITY INTEREST IN THE PROPERTY BECOMING SUBJECT TO AN ESTATE IN THE REAL PROPERTY TO WHICH YOUR SECURITY INSTRUMENT ATTACHES AND HAS THE POTENTIAL EFFECT OF REDUCING THE VALUE OF YOUR SECURITY INTEREST. THIS AGREEMENT, made this .& rd day of /th i/t?m&f , 19a by GALEY AND KEWERLY HOMES, INC., a California corporation, (Trustor) hereinafter referred to as "Owner,'t owner of the land and FIRST NATIQNAL QANK OF NORTH COUNTY '(owner) hereinafter referred to as itBeneficiarylr, present owner and holder of the deed of trust hereinafter described: WITNESSETH THAT WHEREAS, GALEY AND KElWERLY HOMES, INC., a California (Trustor) corporation, did execute a deed of trust, dated September 25 , 19% to FIRST NATIONAL BANK OF NORTH COUNTY Lots 1 through 6 inclusive in Block 8 of Sunny Slope Tract Map No. 486 as trustee, covering Portions of (Date) (Trustee) in the City of Carlsbad recorded February 2, 1988 in the Office of the County Recorder of San Diego, Laguna Village, Carlsbad Tract 91-01 (Brief Legal Description) (See Exhibit "A" & "B" for Detailed Description) 1 3/26/91 REV. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 2E 27 2E 781 the receipt and sufficiency of which consideration is hereby acknowledged, and in order to induce Easement Grantee to accept said EASEMENT/EASEMENTS above referred to, it is hereby declared, understood and agreed as follows: 1. That said EASEMENT/EASEMENTS in favor of Easement Grantee shall unconditionally be ana.r&iuain at all times a charge on the property therein deicribed, pr2or and skiperior to the lien : < ," ;, ,~ or charge of the de0d of trust above mentioned. 2. . That Easement Grantee would not accept said EASEMENT/EASEMENTS above described without this subordination agreement. ", .' 3. That this agreement shall be the whole 'and only agreement with regard to the subordination of the lien or charge of the deed of trust above mentioned to the EASEMENT/EASEMENTS in favor of Easement Grantee above referred to and shall supersede and cancel, but only insofar as would affect the priority between the deed of trust and EASEMENT/EASEMENTS hereinbefore specifically described, any prior agreement as to such subordination including, but not limited, those provisions, if any, contained in the deed of trust above mentioned, which provide for the subordination of the lien or charge thereof to another interest in the real property therein described. BENEFICIARY declares, agrees and acknowledges that: 1. He consents to and approves the grant of EASEMENT/EASEMENTS in favor of the Easement Grantee. 2. He intentionally and unconditionally waives, relinquishes and subordinates the lien or charge of the deed of trust above mentioned to the EASEMENT/EASEMENTS in favor of 3 3/26/91 REV. 1 2 3 4 5 6 7 0 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 782 192, in favor of FIRST NATIONAL BANK OF NORTH CIJJNTY - recorded in the office of the County Recorder of San Diego County (Beneficiary) f Countv) on October 15, 1992 , as File No. 1992-0657007 of Official (Date Recorded) (F/P No.) Records of said county; alid .. ,' WHEREAS; -0Vner ha> executed, :or is &out to execute, as grantor, a grant of,EASEMENT/EASEMENTS dated T/$/z~ , in favor of the. -Carlsbad ,, Municipal Water District: as grantee, hereinafter 'referred to as "Easement Grantee," areating AN/THE EASEMENT/EASEMENTS more particularly described in EXHIBIT/EXHIBITS "A" & "B!' attached hereto: and WHEREAS, Easement Grantee is willing to accept said EASEMENT/EASEMENTS provided the grant of EASEMENT/EASEMENTS is a charge upon the above described property prior' and superior to the lien or charge of the deed of trust above mentioned and provided that beneficiary will specifically and unconditionally subordinate the lien or charge of the d&ed of trust above mentioned to the lien or charge of the EASEMENT/EASEMENTS created in favor of Easement Grantee; and WHEREAS, it is to the mutual benefit of the parties hereto that Easement Grantee accept said EASEMENT/EASEMENTS and Beneficiary is willing that the grant of EASEMENT/EASEMENTS shall, when recorded, constitute a charge upon said land which is unconditionally prior and superior to the lien or charge of the deed of trust above mentioned. NOW, THEREFORE, in consideration of the mutual benefits accruing to the parties hereto and other valuable consideration, 2 3/26/91 REV. 1 2 3 4 5 6 7 0 9 10 11 12 13 14 15 16 17 18 19 2a 21 22 23 24 25 2E 27 2E 780 Easement Grantee above referred to and understands that in reliance upon, and in consideration of, this waiver, relinquishment and subordination of the grant of EASEMENT/EASEMENTS is being executed and delivered, the EASEMENT/EASEMENTS IS/ARE being created, and that specific monetary and other obligations are being and will be entered into by the Easeaent Grantee;" ,. other lenders and title insurance compan&es',Buhich 'would not be maae or entered into but for said reliance upon the waiver;,.' relinquishment and subordinatko**~,.and I */ ' ", ',' , S' .. ,. ', ' ," ~, "' 3. "...w endorsement has been placed upon the note secured by the deed of trust above mentioned that said deed of trqst has by this instrument been subordinated to the charge' 'of the EASEMENT/EZ&EMENTS in favor of Easement Grantee above referred to .,. , ,, FIRST NATIONAL BANK OF NORTH COUNTY By: (title) By : .,-2$)& 2 .&\ n.$ 1 (authorized signature) \I;- Qresrdent . (title) CQYmf-c? (title) NOTE THAT THE PRESIDENT OR VICE-PRESIDENT AND THE SECRETARY OR ASSISTANT SECRETARY MUST SIGN A CORPORATE EXECUTION OF THIS DOCUMENT. ALTERNATELY A TRUE COPY OF THE RESOLUTION OF THE BOARD OF DIRECTORS THAT IS SIGNED BY THE SECRETARY OR ASSISTANT SECRETARY OF THE CORPORATION, UNDER CORPORATE SEAL SPECIFICALLY EMPOWERING THE INDIVIDUAL SIGNING IN BEHALF OF THE CORPORATION WILL SHOW SUFFICIENT AUTHORITY OF SAID INDIVIDUAL TO ACT IN THIS MATTER. IT IS RECOMMENDED THAT, PRIOR TO THE EXECUTION OF THIS 4 3/26/91 REV. STATE OF CALIFORNIA ) (Acknowlcdgemcm) 4 Onthisadayof ~,intheyear,~~,beforeme,~der Dersonaliy known to me (or proved to me on the basis of satisfactory evidence) lo be the perS0NS): ;O INDI~IDUAL) @ CORPORATION) Whose name is subscribed to this instrument. and acknowledged that he (she or they) exeCuted it. v. !!-.-". on behalf of the corporation therein named, and ho executed the within instrument as E& president and acknowledged to me that such corporation executed the within instrument Dursuant to its articles and by-laws and a resolution of ((7 PARTNERSHIP) its Board 01 Directors. That -executed the within instrumenl on behalf of the pari- IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal. in and for said County and State. nership. and acknowledged to me that the partnership executed it. the day and year first above written. NolaryPublicinandforsaidCounlyandStateofCalifornia MY commission expires: I a- 14 -CQ ~orary cub!,c - Caidornia FD1 B IrhnclQOhhphnloh) MICHAELE HERDER SAN D;EGO COUNTY y Comm. Exp. Occ. 14.1992 STATE OF CALlFORNlA COUNTY OF c On this E day 01 fi dwl kwr , in the year 19-. 92 .me, the unders' ned Not ry Public in and for said State. personally appeared LP 1 KA-&ku, and c h< \SbQbt L. V~P MU?,( -) to be the persons who executed the , personally known to me within instrument as President and ~ Secretary. respectively. of the Corporation therein named, and acknowledged 10 nle tI.8 the COrpOratiOn executed it pursuant to its by-laws or a resolution of its board of directors. " II WITNESS my hand and official seal. - fi ACKNOWLLOGMENT-COIp -Pres &Set "Wolcoll~ Form 222CA-Rev 11~83 a1983 WOLCOllS, INC iPrlLDilaSI8~2i Notary Public In and for said State. - 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 785 SUBORDINATION AGREEMENT, THE PARTIES CONSULT WITH THEIR ATTORNEYS WITH RESPECT THERETO. Approved as to form: o\ / 64, *-- FtonalKR.’ Ball, Gen&l Counsel (Notarial acknowledgement of execution of OWNER and BENEFICIARY must be attached. CMWD 89 ” c 329 5 3/26/91 REV. 786 SHEET 1 OF 2 SHEETS EXHIBIT "A' WATER EASEMENT PORTIONS OF LOTS 1 THROUGH 6 INCLUSIVE IN BLOCK 8 OF SUNNY SLOPE TRACT MAP NO. 486 IN THE CITY OF CARLSBAD RECOR- DED FEBRUARY 2, 1888 IN THE OFFICE OF THE COUNTY RECORDER, COUNTY OF SAN DIEGO, STATE OF CALIFORNIA, MORE PARTICULARLY DESCRIBED AS FOLLOWS; COMMENCING AT THE SOUTHWEST CORNER OF PARCEL I OF THENCE ALONG THE WESTERLY LINE THEREOF NORTH 00'03'30" EAST (NORTH 00'07'00" EAST PER PM NO. 4888). 4.00 FEET; THENCE LEAVING SAID WESTERLY LINE AND ALONG A LINE PARALLEL WITH AND 4.00 FEET NORTHERLY FROM THE NORTHERLY SIDELINE OF LAGUNA AVENUE AS SHOWN ON PM NO. 4888, NORTH 8Y5631" WEST, 53.21 FEET TO THE POINT OF BEGINNING; THENCE NORTH 00'03'29" EAST, 45.00 FEET TO A POINT HEREINAFTER REFERRED TO AS POINT "A"; THENCE CONTINUING NORTH 00'03'29" EAST, 65.00 FEET TO A POINT HEREINAFTER REFERRED TO AS POINT "6; THENCE CONTINUING NORTH 00'03'29 EAST, 68.00 FEET TINUING NORTH OO"O3'29" EAST, 23.39 FEET TO A POINT ON A TANGENT 59.50 FOOT RADIUS CURVE CONCAVE EASTERLY; THENCE NORTHERLY TANCE OF 15.15 FEET TO A POINT OF REVERSE CURVATURE ON A 18.00 FOOT RADIUS CURVE CONCAVE WESTERLY, A RADIAL LINE TO SAID POINT BEARS SOUTH 75"20'58" EAST; THENCE NORTHERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 21"15'37", A DISTANCE OF 6.68 FEET TO A POINT HEREINAFTER REFERRED TO AS POINT "0, A RADIAL LINE TO SAID POINT BEARS NORTH 83'23'25" EAST; THENCE CONTINUING NORTHWESTERLY, WESTERLY AND SOUTHWESTERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 173'02'45", A DISTANCE OF 54.36 FEET TO A POINT HEREINAFTER REFERRED TO AS POINT "E, A RADIAL LINE TO SAID POINT BEARS NORTH 8Y3920" WEST; THENCE CONTINUING SOUTHERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF TURE ON A 59.50 FOOT RADIUS CURVE CONCAVE WESTERLY, A RADIAL LINE TO SAID POINT BEARS NORTH 7927'56" EAST; THENCE SOUTHERLY PARCEL MAP NO. 4888 RECORDED JULY 8, 1976 AS FILE NO. 76-213881; TO A POINT HEREINAFTER REFERRED TO AS POINT "C"; THENCE CON- ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 14"35'33", A DIS- 14"52'44", A DISTANCE OF 4.67 FEET TO A POINT OF REVERSE CURVA- ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 14"35'33", 'A DIS- TANCE OF 15.15 FEET; THENCE TANGENT TO SAID , CURVE SOUTH 00'03'29 WEST, 26.39 FEET TO A POINT HEREINAFTER REFERRED TO AS POINT "F"; THENCE CONTINUING SOUTH Oo"03'29" WEST, 38.59 FEET TO A POINT HEREINAFTER REFERRED TO AS POINT "G"; THENCE CONTINUING C.M.W.D. 89-C.329 EXHIBIT 'A" WATER EASEMEN?' SHEET 2 OF 2 SHEETS 787 SOUTH Oo"03'29" WEST, 29.41 FEET TO A POINT HEREINAFTER REFERRED TO AS POINT "H"; THENCE CONTINUING SOUTH 00'03'29 WEST, 59.00 FEET TO A POINT HEREINAFTER REFERRED TO AS POINT "I"; THENCE CONTINUING SOUTH OO"O3'29 WEST, 48.00 FEET; THENCE SOUTH 89"56'31" ' EAST, 31.00 FEET TO THE POINT OF BEGINNING. TOGETHER WITH THE FOLLOWING STRIPS OF LAND 5.00 FEET IN WIDTH LYING 2,50 FEET ON EACH SIDE OF AND PARALLEL WITH THE FOLLOWING EIGHT (8) DESCRIBED CENTERLINES; (1) BEGINNING AT SAID POINT 'X; THENCE SOUTH 89"56'31" EAST, (2) BEGINNING AT SAID POINT 'B"; THENCE SOUTH 89"56'31" EAST, (3) BEGINNING AT SAID POINT "c", THENCE SOUTH 89'56'31" EAST, (4) BEGINNING AT SAID POINT "D'; THENCE NORTH 83'23'25" EAST, (5) BEGINNING AT SAID POINT 'E"; THENCE NORTH 89"39'20" WEST, (6) BEGINNING AT SAID POINT 'F; THENCE NORTH 89'5631" WEST, (7) BEGINNING AT SAID POINT "H"; THENCE NORTH 89'5631" WEST, (8) BEGINNING AT SAID POINT "I"; THENCE NORTH 89"5631" WEST, 5.00 FEET TO THE POINT OF TERMINUS. 5.00 FEET TO THE POINT OF TERMINUS. 5.00 FEET TO THE POINT OF TERMINUS. 5.00 FEET TO THE POINT OF TERMINUS. 5.00 FEET TO THE POINT OF TERMINUS. 5.00 FEET TO THE POINT OF TERMINUS. 5.00 FEET TO THE POINT OF TERMINUS. 5.00 FEET TO THE POINT OF TERMINUS. TOGETHER WITH A STRIP OF LAND 10.00 FEET IN WIDTH LYING 5.00 FEET ON EACH SIDE OF AND PARALLEL WITH THE FOLLOWING DE- SCRIBED CENTERLINE; 10.00 FEET TO THE POINT OF TERMINUS. BEGINNING AT SAID POINT G"- THENCE NORTH 89"56'31" WEST, THE SIDELINES OF SAID 5.00 FOOT STRIPS OF LAND AT POINTS D AND E SHALL BE LENGTHENED OR SHORTENED TO END ON SAID ARCS OF CURVE. C.M.W.D. 89-C.329 L \ Po/n// LAGUNA DR/V€ COR. PAR/ PM4888 C8UMEMC&M&NT (35: fi - LMMD 89-C 329 PROJECT NAME: PROJECT TITLE EXHIBIT B LAGUNA . CX 9/ -01 VILLAGE 1298 V/C/N/TY MAC NLS CMNU. 83-C329 PROJECT NAME: EXHIBIT C PROJECT TITLE . LACUNA: cz 9/-0/ V/L L AG€ /298 1 2 3 4 5 6 7 0 9 10 11 12 13 14 15 16 17 18 19 2c 21 22 2: 24 25 22 2i 2€ RECORDING REQUESTED AND WHEN RECORDED, PLEASE MAIL TO Carlsbad Municipal Water District ) ',, 5950 El Camino Real 1 Carlsbad, California 92008 ,' 1 ){ ) ) . ,. ',' Space above this line for Recorder's use. A.P.N.. .155-271-29, 30 CMWDNO. 89-C-329 SUBORDIN~TIO~ AGREEMENT NOTICE: . THIS SUBORDINATION AGREEMENT RESULTS IN YOUR SECURITY INTEREST IN THE PROPERTY BECOMING SUBJECT TO AN ESTATE IN THE REAL PROPERTY TO WHICH AND HAS THE POTENTIAL EFFECT OF YOUR SECURITY INSTRUMENT ATTACHES REDUCING THE VALUE OF YOUR SECURITY INTEREST. THIS AGREEMENT, made this 93(d day Of (f.?Q'dembK , 19% by GALEY AND KEMMERLY HOMES, INC. , a California coruoration. (Trustor) herein after^ referred to as t80wner,1t owner of the land and See attached description - Paqe 6 hereinafter referred to as lqBeneficiaryl', present owner and holder (Owner) of the deed of trust hereinafter described; WITNESSETH THAT WHEREAS, GALEY AND KEMMERLY HOMES, INC. , a California corporation, did execute a deed of (Trustor) trust, dated September 2, , 19% to CHICAGO TITLE COMPANY, a (Date1 (Trustee) California corporation astrustee, covering portions of Lots~l through 6 inclusive in Block 8 of Sunny Slope Tract Map No. 486 in the City of Carlsbad recorded Februarv 2. 1988 Office of the County Recorder of San Diego, Laguna Village, in the - Carlsbad Tract 91-01 (Brief Legal Description) (See Exhibit "A" & "B" for Detailed Description) 1 3/26/91 REV. 1 2 3 4 5 6 7 0 9 10 11 12 13 14 15 16 17 10 19 20 21 22 23 24 25 26 27 20 791 to secure a note in the sum of Two Hundred Eiqhty-Eiqht Thousand ~/////////////($ 288.000.00 ) dated nkr 2 , 192, in favorof See attached descriution - Paqe 6 recorded in the office of the County Recorder of San Dieqo County (Lien Amount) (Date) (Beneficiary) (County) ~ on nctm 13. 1997 , as File No. 1992-0648026 of Official (Date Recorded1 (F/P NO.) Records of said county: and WHEREAS,'Owder has executed, 'or is about to execute, as grantor, a grant of EASEMENT/EASEMENTS dated , ///d/pJ I , in favor of the Carlsbad Municipal Water District as grantee, hereinafter referred to as "Easement Grantee," creating AN/THE EASEMENT/EASEMENTS more particularly described in EXHIBIT/EXHIBITS nA" & "B" attached hereto: and WHEREAS, Easement Grantee is willing to accept said EASEMENT/EASEMENTS provided the grant of EASEMENT/EASEMENTS is a charge upon the above described property prior and superior to the lien or charge of the deed of trust above mentioned and provided that beneficiary will specifically and unconditionally subordinate the lien or charge of the deed of trust above mentioned to the lien or charge of the EASEMENT/EASEMENTS created in favor of Easement Grantee: and WHEREAS, it is to the mutual benefit of the parties hereto that Easement Grantee accept said EASEMENT/EASEMENTS and Beneficiary is willing that the grant of EASEMENT/EASEMENTS shall, when recorded, constitute a charge upon said land which is unconditionally prior and superior to the lien or charge of the deed of trust above mentioned. NOW, THEREFORE, in consideration of the mutual benefits accruing to the parties hereto and other valuable consideration, 2 3/26/91 REV. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 792 the receipt and sufficiency of which consideration is hereby acknowledged, and in order to induce Easement Grantee to accept said EASEMENT/EASEMENTS above referred to, it is hereby declared, understood and agreed as follows: 1. That said EASEMENT/EASEMENTS in favor of Easement Grantee shall unconditionally be and remain at all times a charge on the property therein described, prior and superior to the lien or charge of the deed of trust above mentioryed. 2. That Easement Grantee would not accept said EASEMENT/EAShfENTS above described without this subordination agreement. 3. That this agreement shall be the whole .and only agreement with regard to the subordination of the lien or charge of the deed of trust above mentioned to the EASEMENT/EASEMENTS in favor of Easement Grantee above referred to and shall supersede and cancel, but only'insofar as would affect the priority between the deed of trust and EASEMENT/EASEMENTS hereinbefore specifically described, any prior agreement as to such subordination including, but not limited, those provisions, if any, contained in the deed of trust above mentioned, which provide for the subordination of the lien or charge thereof to another interest in the real property therein described. BENEFICIARY declares, agrees and acknowledges that: 1. He consents to and approves the grant of EASEMENT/EASEMENTS in favor of the Easement Grantee. 2. He intentionally and unconditionally waives, relinquishes and subordinates the lien or charge of the deed of trust above mentioned to the EASEMENT/EASEMENTS in favor of 3 3/26/91 REV. 1 2 3 4 5 6 7 0 9 10 11 12 13 14 15 16 I? 18 19 ..x 21 22 2: 24 25 Z€ 2i 22 793 Easement Grantee above referred to and understands that in reliance upon, and in consideration of, this waiver, relinquishment and subordination of the grant of EASEMENT/EASEMENTS is being executed and delivered, the EASEMENT/EASEMENTS IS/ARE being created, and that specific monetary and other obligations are being and will be entered into by the Easement Grantee, other lenders and title insurance compani,es, which would not-.be made or entered into but for said reliame upon the waiver, Pelinquishment and subordination,; and 3. An endorsement has been placed upon tkie note secured by the deed of trust above mentioned that said deed of trust has by this instrument been subordinated to the charge of the EASEMENT/EASEMENTS in favor of Easement Grantee above referred to Executed by the BENEFICIARY this day of I 19- BENEFICIARY: OWNER: SEE ATTACHED - PAGE 6 By : / (title) NOTE THAT THE PRESIDENT OR VICE-PRESIDENT AND THE SECRETARY OR ASSISTANT SECRETARY MUST SIGN A CORPORATE EXECUTION OF THIS DOCUMENT. ALTERNATELY A TRUE COPY OF THE RESOLUTION OF THE BOARD OF DIRECTORS THAT IS SIGNED BY THE SECRETARY OR ASSISTANT SECRETARY OF THE CORPORATION, UNDER CORPORATE SEAL SPECIFICALLY EMPOWERING THE INDIVIDUAL SIGNING IN BEHALF OF THE CORPORATION WILL SHOW SUFFICIENT AUTHORITY OF SAID INDIVIDUAL TO ACT IN THIS MATTER. IT IS RECOMMENDED THAT, PRIOR TO THE EXECUTION OF THIS . 4 3/26/91 REV. STATE OF CALIFORNIA i 794 ,I COUNTY OF u On this ad day of , in the year 19-. 47 me, the undersigned, a Notary Public in and for said State, personally appeared (c,heJ 4. &\PA and CGI(\+aheu L. lh"h - , personally known to me -) to be the persons who executed the within instrument as President and - respectively, of the Corporation therein named, and acknowledged 10 nie :'.a: the Corporation _- Secretary, executed it pursuant to its by-laws or a resolution 01 its board of directors. WITNESS my hand and ACKNOWLEOGMENT-Carp -Pres & Sec "Wolcoltr form 222CA-Rev 11 83 ZJ1983 WOLCOTTS, INC ,pllLeCIm8-21 Notary Public id and for said State. .. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 10 19 20 21 22 23 24 25 2E 27 2e 795 SUBORDINATION AGREEMENT, THE PARTIES CONSULT WITH THEIR ATTORNEYS WITH RESPECT THERETO. Approved as to form: pt, I@, wcc"Np - R0nd.d R. Ball, Ggneral Counsel 5 3/26/91 REV. 1 2 3 4 5 6 7 0 9 10 11 12 13 14 15 16 17 10 19 20 21 22 23 24 25 26 27 20 796 BENEFICIARY: LOUIS FURRER and JANET FURRER, husband and wife, as joint tenants, as to un undivided 50% interest and RICHARD SMITH and BARBARA SMITH, husband and wife, as joint tenants, as to an undivided 50% interest as tenants in common. Executed by the BENEFICIARY this /6* day of nb\fJLkG4 19% BENEFICIARY: LOUIS FURRER AND JANET. FURRER, husband and wife, as joint tenants, as to an undivided 50% interest and RICHARD SMITH and BARBARA SMITH, husband and wife, as joint tenants, as to an undivided 50% interest as tenants in common By:. (authorized signature) (title) (title) CMWD 89-C-329 6 GENERAL ACKNOWLEDGMENT 797 NO. 201 Stale of On thistheQdayof kd-kfi 19-, 42 before me, Countyof blew }SS. the undersigned Notary Public, personally appeared E personally known to me Fproved to me on the basis of satisfactory evidence SAN MEW WUKly to be the person@) whose name@) ace. subscribed to the within instrument, and acknowledged that 4b-U executed it. WITNESS my hand and official seal. GENERAL ACKNOWLEDGMENT NO. 201 State of A\Gcoia On this the5 day of 19%. before me, +h County of S- b&u }ss. - borh the undersigned Notary Public, personally appeared 8arbdk $MI& 0 personally known to me %proved to me on the basis of satisfactory evidence to be the person@ whose name@ -subscribed to the within instrument, and acknowledged that -executed it. WITNESS my hand and official seal. LaMlh Notary's Signature I FROM FOUNDERS TITLE NORTH COUNTV 11.06.1992 10:14 P. 1 0 '. . 799 SHEET 1 OF 2 SHEETS EXHIBIT "A' WATER EASEMENT PORTIONS OF LOTS 1 THROUGH 6 INCLUSIVE IN BLOCK 8 OF DED FEBRUARY 2, 1888 IN THE OFFICE OF THE COUNTY RECORDER, COUNTY OF SAN DIEGO, STATE OF CALIFORNIA, MORE PARTICULARLY DESCRIBED AS FOLLOWS; COMMENCING AT THE SOUTHWEST CORNER OF PARCEL 1 OF THENCE ALONG THE WESTERLY LINE THEREOF NORTH Oo"03'30" EAST (NORTH Oo"07'00" EAST PER PM NO. 4888), 4.00 FEET; THENCE LEAVING SAID WESTERLY LINE AND ALONG A LINE PARALLEL WITH AND 4.00 FEET NORTHERLY FROM THE NORTHERLY SIDELINE OF LAGUNA AVENUE AS SHOWN ON PM NO. 4888, NORTH 89'5631' WEST, 53.21 FEET TO THE POINT OF BEGINNING; THENCE NORTH OO"03'29" EAST, 45.00 FEET TO A POINT HEREINAFTER REFERRED TO AS POINT "A"; THENCE CONTINUING NORTH OO"O3'29" EAST, 65.00 FEET TO A POINT HEREINAFTER REFERRED TO AS POINT "8"; THENCE CONTINUING NORTH 00'03'29" EAST, 68.00 FEET TINUING NORTH OO"O3'29 EAST, 23.39 FEET TO A POINT ON A TANGENT 59.50 FOOT RADIUS CURVE CONCAVE EASTERLY; THENCE NORTHERLY TANCE OF 15.15 FEET TO A POINT OF REVERSE CURVATURE ON A 18.00 FOOT RADIUS CURVE CONCAVE WESTERLY, A RADIAL LINE TO SAID POINT BEARS SOUTH 75"2058" EAST; THENCE NORTHERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 21"15'37", A DISTANCE OF 6.68 FEET TO A POINT HEREINAFTER REFERRED TO AS POINT "D", A RADIAL LINE TO SAID POINT BEARS NORTH 83'23'25" EAST; THENCE CONTINUING NORTHWESTERLY, WESTERLY AND SOUTHWESTERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 173'02'45", A DISTANCE OF 54.36 FEET TO A POINT HEREINAFTER REFERRED TO AS POINT "E", A RADIAL LINE TO SAID POINT BEARS NORTH 89'3920" WEST; THENCE CONTINUING SOUTHERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF TURE ON A 59.50 FOOT RADIUS CURVE CONCAVE WESTERLY, A RADIAL LINE TO SAID POINT BEARS NORTH 75"27'56" EAST; THENCE SOUTHERLY ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 14"35'33", A DIS- TANCE OF 15.15 FEET; THENCE TANGENT TO SAID .CURVE SOUTH 00'0329" WEST, 26.39 FEET TO A POINT HEREINAFTER REFERRED TO AS POINT "F"; THENCE CONTINUING SOUTH 00'03'29" WEST, 38.59 FEET TO A POINT HEREINAFTER REFERRED TO AS POINT "G"; THENCE CONTINUING SUNNY SLOPE TRACT MAP NO. 486 IN THE CITY OF CARLSBAD RECOR- PARCEL MAP NO. 4888 RECORDED JULY 8, 1976 AS FILE NO. 76-213881; TO A POINT HEREINAFTER REFERRED TO AS POINT "C"; THENCE CON- ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 14"35'33", A DIS- 14"52'44", A DISTANCE OF 4.67 FEET TO A POINT OF REVERSE CURVA- C.M.W.D. 89-C.329 EXHIBIT *A* WATER EASEMEN SHEET 2 OF 2 SHEETS 800 SOUTH Oo"03'29" WEST, 29.41 FEET TO A POINT HEREINAFTER REFERRED TO' AS POINT "H"; TFIENCE CONTINUING SOUTH 00'03'29 WEST. 59.00 FEET TO A POINT HEREINAFTER REFERRED TO AS POINT "I"; THENCE CONTINUING SOUTH Oo"03'29 WEST, 48.00 FEET, THENCE SOUTH 89'56'31" EAST, 31.00 FEET TO THE POINT OF BEGINNING. TOGETHER WITH THE FOLLOWING STRIPS OF LAND 5.00 FEET IN WIDTH LYING 2.50 FEET ON EACH SIDE OF AND PARALLEL WITH THE FOLLOWING EIGHT (8) DESCRIBED CENTERLINES; (1) BEGINNING AT SAID POINT 'A"; THENCE SOUTH 89'56'31" EAST, 5.00 FEET TO THE POINT OF TERMINUS. (2) BEGINNING AT SAID POINT "B"; THENCE SOUTH 89"56'31" EAST, 5.00 FEET TO THE POINT OF TERMINUS. (3) BEGINNING AT SAID POINT 'c"; THENCE SOUTH 89"56'31" EAST, 5.00 FEET TO THE POINT OF TERMINUS. (4) BEGINNING AT SAID POINT "D"; THENCE NORTH 83"23'25" EAST, 5.00 FEET TO THE POINT OF TERMINUS. (5) BEGINNING AT SAID POINT 'E"; THENCE NORTH 89"39'20" WEST, 5.00 FEET TO THE POINT OF TERMINUS. (6) BEGINNING AT SAID POINT 'F"; THENCE NORTH 8956'31" WEST, 5.00 FEET TO THE POINT OF TERMINUS. (7) BEGINNING AT SAID POINT OH"; THENCE NORTH 8956'31" WEST, 5.00 FEET TO THE POINT OF TERMINUS. (8) BEGINNING AT SAID POINT 'I"; THENCE NORTH 89"5631" WEST, 5.00 FEET TO THE POINT OF TERMINUS. TOGETHER WITH A STRIP OF LAND 10.00 FEET IN WIDTH LYING 5.00 FEET ON EACH SIDE OF AND PARALLEL WITH THE FOLLOWING DE- SCRIBED CENTERLINE; 10.00 FEET TO THE POINT OF TERMINUS. BEGINNING AT SAID POINT G" THENCE NORTH 8956'31" WEST, THE SIDELINES OF SAID 5.00 FOOT STRIPS OF LAND AT POINTS D AND E SHALL BE LENGTHENED OR SHORTENED TO END ON SAID ARCS OF CURVE. C.M.W.D. 89-C.329 PO/NTS A TURUI .. . L OCAT/UN MAP NO %ALL€ VlC/N/TY MAP h!rs CMWO. aS-C:329 PROJECT NAME: EXHIBIT C PROJECT TITLE , LACUNA: cz 9/-0/ VIL L AG€ /298