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59 \t.~t 115
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insofar llS said premises arc affected by' the following described encuDlbrancc_ now held by the under-
signed:
Natuce of
Eocwnbrance
From or
Aplnst
Datil
Mort&aga
. .
)';'10-59 .
, '
Melvin Koerner
& lCa thrvn
lCDemer this
wife'
In Favor of
Recorded
Book Paga
Peuin8ular Life
Insurance Company
154 - 8
}'ROVIDED. ALWAYS, NEVERTHELESS; and it is expcessly understood and agreed that this in-
strument subordinates said encumbrance msofar as same aiectl the rights and privileges of the State of
Florida in its use of tho land specifically above described, for highway purpoIt"S only, and that nothing
herein contained shall in any way affect, alter, impair, minimize or diminish the effect of said encum-
bnmce or the remedies at law or in equity for 1'ClOOvtl~ thereout, or agatnst the parties charged thereby,
the full amount of all sums secured by and/or due the same. It is further understood and agreeu
that in the event said above described premises are abandoned by the State and cease to be used for high-
. way construction and maintenance purposes that in such event the subordination of said encumbrance shall
terminate in and to such portion abandoned ..d DO loog<< used as afor~d, and the encumbrance become
of the same status with reference to such abandoned ponion as if the subordinatiol' had never been made.
Penin s ula r Life Insu ranc c_.C()r.n....P~.l1 y
By: '~tA~
Its Vie e - Yresident
ATTEST: 71 ~ ~
ltz s;;;;;;ltary ~
Before me, the undersigned authority, this day personally appeared
Thoma s W. Courtney . ann Mary Mills
to me well known and kno~ to me' to be the individuals described in aDd who executed the foregoing in-
strument as ' Vie e - President and - ' . . Secretary
respectively. of the Corporation named in the foregoing instrument, and they severally acknowledged to
and before me that they executed said instnIment on behalf of and in the .name of said. corporation as stich
officers; that the seal affixed to said instrument is the l.'Orporate seal of said corporation and that it was
affixed thereto by due and regular corporate authority; that ~ey are duly authorizCL1 by said corporation
to execute said instrument and that said instrument is the free act and deed of said corporation.
d f February
ay 0 _'__
, A. D. 19_~.
have hereunto set my hand and affixed illY oHici,:: seal this --.-1_~~h..__
Fi~E#ri !\!'~n RECO~OED
l~.' It. kial Record. ~OOK
1%3 tiJ1~ 18 PH 12: 4\
IN WITNESS WHEREOF
\1)' Commission expires:
August 22 I 1966
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~otary Pubiic in and for tb" COlllI~yand SLlle afore',,;,l.
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ROGER POITR^S. CW{K
ST. LUCIE COU1ITY. flORIDA, ' J. Jd
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