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ST. LU(I~ C2LN:l. HA,
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SUBROGATIO!-f AGREEMENT
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KNOW ALL MEN BY THESE PRESENTS:
That KlcUter Oil Co., Inc., being the O1Imer &J.w holder of that
certain CoUateral Morts-,e Deed made by MariIW at Fort Pierce, Inc.,
dated January 19. 1962, recorded in Otf1dal Record Book 28, page 92,
of tne public rt!cor~ of St. Lucle County, Florida, encwnbenng real
property nlore particularly therein de.cribedj
For and i.n conaiderat1on of the eum of One Dollar <*1.00) and
other valua.ble conaideratiQn t.o 1t in hAnd. paid by the said MariIul at
Fort Pler\ce, Inc. and Small Buaine.. AdmWatratioo, Miarni; Florldaf
and at tht'lr requeat doe. hereby subrogate the lien of ita CollateT.l
Mortiage Deed 00 the property therein de8cribed to Ui"etn<>rtpge given
by Warir:;Ji at F~rt Phn"'ce, Inc. to Sma.ll BWline8. Adminiatr&1:Ion, Miami,
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Florida, dated .fanuary 24, 1962, aecurlng the .urn of Thirty Th€.lusand
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Dollar. ($30,000.00), and recorded in Official fheard l\ook 26, page
350, of the public recorda of St. Lucie County, FloridJi!.
And Sma.ll Bu.lne.. Admin~tn.tion, an Agencj' of the UnHeo
St4tteli of America, fQr it.~lf and it. aucc e..ora and a.B1i1i-M; in <:00- ..
fjideranloo (}f the !oreloin& SuhroiaUon, IlIrt'~.. wt in the event t.hat
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ceriaUt S~ventjl Thoo.~d Dollar <$7&,000. GO) mt)r-tiag~ debt evidellced
and aecu.fed by the nate and mOM,aaa frcm Kir;liter Oil Co., Inc.. to
Sttventh Tn..r.aPQrlation StaH~l., h~;~, dltt~d SeptN!1bf!r H, HifH, ro.
corded in OfficI a. 1 Record Book 26, page 25i:\l is acquired by Sro_ll
B~1n&IUl ^dminiltraHQ[~ or th~ fH.l<CC~3UtQr hI Ut\~ to iu .~Ot 000.00