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HomeMy WebLinkAbout25971()2311 Q 8001( p~ 1962 JAN 29 AM 10:29 80~K 2H PACE46~ ST, LUCIE CpUNTT.~FLA. J,t"UHIItQrrrhrr r' ~~~~ w; ~ -, i ~\..~..`r• • ~ ~ , ROGER POITRAS, CLERK ST. LUCIE COU TY, flORI01~UBORDINATION AGREEMENT -~ ~ *L tea • KNOW ALL MEN BY -THESE PRESENTS. 'Ibat production Credit Association, hereinafter called Assodation, in consideration of One Do11ar (i1•~) paid and the further consideratlon of the gtandng ~~ ~ a loan by the Federal Land Bank of Columbia, hereinafter called Bank, subordinates tba following crop lien(s) or real estate mortgage(s~ here- in the Public Records LUC1~ inafter collectively called Association Lien, recorded Countv. Florida, to-wit: gRpM DA'11ID j. Haim~ll >Rolgbt sad H~cooer M. W~Q1~. ~~ ~~ juiy 3. 161 M • M r M RE001tDSD Mme, g=, FAGS M. BL PAGE 1t7 5>t3 - L~dfan Rri~ Co~Y 0.x.15 S4i - 8sid Ltiois County TO A CERTAIN MORTGAGE F_ RO -- dated ~ / fo y to Bank, securing ~ ~Q~,, hereinafter called Bank Mort- ared recorded in said county in 0 Book ~ V at page gage, as follows: (1) Bank Mortgage shall be prior to Aasodadon Lien on the lands described in Bank Mortgage. (Q) On crops coming into existence after any uefault in Bank Mortgage, or note secured thereby. Bank Mortgage shall be prior to Assok~adoa Lies except as follows: Association Lien, so far as same se- cures advances for production and marketing of crops. shaIl be and continue superior to Bank Mart- gage on the crops for the production and marketing of which said advances were made. (S) Except as herein spedfically provided the priority of Assodatlon Lien shall remain unchanged. Aad Association hereby agrees that in the event it assigns Association Lien, the assignment wIIl redte the fad that Asaodatlon Lien has been subordinated b Bank Mortgage. IN WITNESS WHEREOF, Assodadon has caused these presenb to be executed and ib corporate seal to be'~`~•~~ by ib proper officer thereunto first duly authoedzed. this 6 •• ear ~ - •'' r" ' ~ ~ u ~ •- i~ ~aattt+~d 1n duPlioats, Nab to bn did • ,~`` ~ , • • • it ~ •' : ~ , 1!t t l _ 1l11~ JlatNaont ~~ , . • ~ • siantAtsnsous tioo~dinp a In Indssn RAvst sad Ss>fat Lyois CSountisa. naida .~-. i t : ~ , pRODUCTIO CAEDTT ASSOCIATION • - ~~tl~ TI'f' B -~'~'~,'~~',.F>'.ORIDA~ ~ ~ AC>iNOWI~DGII~NT COt7N1'Y` OF ~ uty1~P1L[~~ Before me, the undersigned airthortty. this day persoaaDy appeared - who is to me well known and known to me m be ~t+~ Treasurer of the corporation de- scribed in and which executed the foregoing instrum~eat and he acknowledged to and before me that he executed said in:tnm~ent ~ the ~~~~~ corparatlon a: ib act and deed and impcesied thereon the corporate seal ~~,sp.•a by the byLvn of said oorporatloo. • ~,, offidal seal at _n.s,._.~ , +``~r;%~, ~~:WHEREOF I have hereunto set my band and ~ , ,.. ;< <~:..:- ;i.~ ':aforeaid, t}ds ~~ daY of - t''~."~r , 19~jL. iR~:-,,y~ .~ ~. _._ f - .'t _ •.`,,, ~~~ users r+ae. swA. ee rbrse~ r+=.. . ~ . ~rr''•r. • ~ '..~ • County. Florida. Fixed' is the office ~of the Clerk of the (fit Corot cf . on the ~- day of I9~-'-' at _'-"' °~dodk M.' and reoa+ded is Ane~1r Na Pigs and record verified. QIR t[ M a~H Owrt !gyp !'CA w