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HomeMy WebLinkAbout0949 f).a~ 1001 ST. lUClt ~OUHn~ F'LA. .. ..- ... - MOM'GAGB UBBlDBR OGB.or,~ICII OJ) SUBORDDeI~ A.~ ACIREIMIft -.4e thi. 11th da,. o~ March. 1961, beween ..., GJafE 'f. !\YBR and KYBLDI M. DYD, hi. v1~e, o~ Sevall. Point, ,Plorlda,. pr.rtie. ot the tir.t Par:t, and ROBEftlf IIICXBL, 'fRUftBl, or Port Lauderdale, Plorida, party ot the second part. V IT. K 8 I E 'l' HI WHBREA8 the part,. or the ..oone! part 1. now t.he owner and holder ot a certain note conditioned tor tne., pa,.ent ot,the .ua ot - .99.835.00 dated Jan~ 26, 1959 ~~d seoured by a aortgaS8 giyen by ... GBIE 'l'. DYER and EVBLY1I M. DYER. hi. vi.re, to .aid part,. or the .econd part. tiled tor record January 28. 1959 at 10:24 A.M. and recorded in Mortgage Rook 153. Page. 23 to 25 inolusiye. in the ottlce ot the Clerk ot the Circuit.Court ot 8t. Lucle Count,.. Plorida. and whinb said mortgage i. now a lien upon the premi.es hereinafter described a. Parcel I. and to which mortgage reterence i. hereinatter made aa Mortgage X; and WHEREAS the pa~ty ot the ..eond part i. also the owner and holder ot a certaln note conditioned tor the payment ot the sum ot $99,835.00 dated January 26, 1959 and secured by a mortgage given by E.C. Wareheim to party at the second part herein, tlled tor record January 28, 1959 at 10:24 A.M. and recorded in Mortgage Book 153, Pages 26 to 28 Inclusi.e, In the ottice ot the Clerk ot the Circuit Court ot st. Lucie County. Plorlda,. and which s..ld mortgage is now a lien upon the premises herelnatterdescrlbed as Parcel II, and to which said mortgage reterence ls herelnatter made a. Mortgage Y; and WHEREAS the parties ot the tirst part are now the owners ot the lands encumbered by sald Mortgage X and said Mo~gage Y, and hereinafter described as Parcel I and Parcel II; and WHEREAS the partles hereto tor the purpo.e bt better securing the payment ot said not~s. are desirous of spreading and extending the respective 11ens ot the &toresaid Mortgages X ar.d Y to both cover and encumber bo~h ot said P~rcels I and II, and to consolidate both of said mortgage. Into one.single mortgage lien upon both ot said parcelS, whlch sald Mortgages X and Y shaIl, howeyer, contlnue to De subordinate to and interior in dignity to the oon.olidated tlrst aortg~ge. herein- 1. "..-.--,---......... ~ - ... -0