doc: add note about immutable jobs to flux-update(1)

Problem: The flux-update(1) man page does not mention that jobs
updated by the instance owner may become immutable.

Add an explanation of how jobs updated by the instance owner can
bypass validation, and why this makes the jobs immutable.

doc/man1/flux-update.rst

@@ -42,6 +42,17 @@ all updates are either applied or the request fails.
    a case by case basis. At this time, the set of keys that can actually
    be updated for a job may be very limited.
 
+The instance owner may be allowed to update specific attributes of jobs
+and bypass validation checks. For example, the duration of a guest job may
+be increased beyond currently configured limits if the update request is
+performed by the instance owner. When a job is modified in this way, future
+updates to the job by the guest user are denied with an error message::
+
+   job is immutable due to previous instance owner update
+
+This is necessary to prevent possible unintended bypass of limits or
+other checks on a job by a guest.
+
 The flux-update(1) command may also support special handling of values
 for specific keys. Those special cases are documented in the SPECIAL KEYS
 section below.