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RES 83024
City of Pleasanton
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CITY CLERK
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1980-1989
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1983
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RES 83024
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10/15/2012 2:22:55 PM
Creation date
2/1/2000 11:08:34 PM
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CITY CLERK
CITY CLERK - TYPE
RESOLUTIONS
DOCUMENT DATE
1/25/1983
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D. By the Grant of Easement recorded concurrently herewith G~'antor has <br />~ranted to the City of PleasaAtoa an easement for installation and maintenance of <br />underground water lines, all as more pnrticu!arly described in said Grant of Easement. <br /> <br /> AGREEMENT: <br /> <br /> NOW, qi'HE}~_EFOi{E, for vahlable consideration, receipt whereof is hereby <br />acknowledged, and for and in consideration of the mutual eovenfiflts hePein made, the <br />parties adree as follows: <br /> <br /> 1. The lien of the Deed of Trust and Tenant's Interest are each and each <br /> <br />shall be subject and subordinate to the provisions and lien of the Grant of Easement, <br />and the lien of the Grant of Easement is and shall be made prior in lien to the lien of <br />the Deed of Trust and Tenant's Interest with the same force and effect as if the Deed <br />of Trust and Tenant's Interest had been executed, delivered and created after the <br />execution, delivery and recording' of tbe Grant of Easement. <br /> <br /> 2. Notwithstanding the provisions of this Subordination Agreement, the terms, <br /> <br />eonditions and obligations of the Deed of Trust and TdnanUs Interest shall remain <br />full force and effect. <br /> <br /> 3. This agreement cannot be changed orally but only by a writir~: si~{ncd by <br /> <br />both parties hereto. <br /> <br /> IN WITNESS WHEREOF, the parties hereto h.we <br /> <br />properly executed and sealed as of the day and year fir.st above writtern <br /> <br />-2- <br /> <br /> <br />
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