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MOM'GAGB UBBlDBR OGB.or,~ICII OJ)
SUBORDDeI~ A.~
ACIREIMIft -.4e thi. 11th da,. o~ March. 1961, beween
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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
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.99.835.00 dated Jan~ 26, 1959 ~~d seoured by a aortgaS8 giyen by
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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.
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