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' ~ AGREEHENT FOR SUBORIIINATION ~
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TIiIS A6REEIlENT, executed this 29th day o~ Jt~ne ~ , ~
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1964, by STRAZZULLA BROTHERS COMPANY,. a co-partnerehip composed of i~%
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Philli~ Straazulla, Frank Strazzulla, and Dominick Strazzulla here-
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inafter referred to ae "Strazzulla", ie for the purpose ot subordi-
nating a mortgage they hold on Sectione 6~lese the north S00 feet t.
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~ thereof), 7~ 18, 19 and 30 all in ToWnship 34 South, Range 38 East, -
~ St. Lucie County, Florida, herainafter referred to as "Mortgaged
. Property", to thoae certain mortgages to be ~aken~and held by The ~
First National Bank at Orlando, Orlando, Florida, and the Florida
Natfonal Bank at Orlando, Orlando, Florida, on said mortgaged proper- .
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Z~~•, t WITNE.SSETIis
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~ d~ ~ WHEREAS, Strdszulla is the o~mer aad holder of a certain
- mortgage on the mortgaged premiaes given bq Florida Maid C3.trus Cor-~
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~ poration~, ~ Florida corporation, in the principal amount of $720,595
. recorded June 21,=1962, in 0. R. Book 39, Page 291, Pub13c Records .
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of St.- Lucie County, Florid~t, and , ' ~ i
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WHEREAS~ The Firat National Bank at Orlar?do, Orlando~ Flori- _
dat, is to be the o~?ner ~nd holder of a certain mortgage on a portion
of-the mortgaged premisee to be executed by Burton Smith Groves,_Inc.,
~ in the a,nount of S876,150 said portion ~sore particularly described as
: follows: Blocks 2(less the east 2210 feet), 3, 4, 5, 9,,10, 11 and
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~ the South 120.66 feet of Black 12, Florida tiaid Citrus Grove--P-lat, :
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; PlAt Book 13, Page 1~ Public Recorda of St. Lucie County~ Florida;
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. 1~1HERFAS, tha Florida Natfonal Bank at Orlando, Orlando, ~
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' Florida, is to be tha oWner and holder o! a eertain ~eortg~tge on a
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~ 8eparate portion of the mortgaged preafsee to be exaeuted by Wagnar
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~ ~ Groves, ~nc., in the amount of 8865,8~0 said portfon more particular-
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~ ly described ae folloWS~,~ ~ p~ _ • ~
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