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.4UBQRDINATION QF l~OR1~C's~11(38 . '
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Y•NiO~ ./~LL MBN BY THB3~8 PRBSBNTS s
wHBRHAS, PLOiRIDA IyAID CITRUS CQRPORATIQd did on the lSth
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. day of August, 1963, make, eaecute and deliver to F. BURTON
S~1I~I and MTAGI~R GRONBS, INC. , a certain mortgage ~hich ~ is
now recorded in O. R. Book 69, at page 10 of the public records
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of St. Lucie Countq, Florida, encumbering certain lands therein ~
~ more particulariq described; and ~
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WHBREAS, the said PLORIDA MAID ~CITRUS CORPOItATION is the ~
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oMner af ~said lands a.nd is giving and has given a mortgage on
Blocks 15, 16~ 17, 18, 19 and 20, of the Agriculturai Plat ~
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of Florida Maid Citrus~Grove, as per plat thereof recorded ~
in Plat~ Book 13, pa.ge l, of the~ public records of St. Lucie ~ ~
County~ Florida, said mortgage in the amount of =200,000.00;
and
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~VIHSRSAS, the said FLatIDA MAID CITRUS C(RpOiRATIOid has f
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reque sted t~e said F. HURT~T SiriI1H . and WAGA~t GRONBS, INC. , ~ ;
the bolders and awners of said mortgage, to subordinate the ~
lien of said mortgage upon the lands hereinafter described
to said mortgage t.o be granted to the.- Fiorida Bank at Port
P3,e rce. ~
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WITNBSS,BIH that for and in the consideration of the sum ;
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of Ten Doliars and other valnable considerations, receipt
whereof is herebq aclmoMledged, the said F. ~URTQ~T 3MITH and
WAGNER GROM1tBS, INC. do for themselves, their executors, ~
ad.ministrators, heirs and assigns, covenaat, consent and
agree to and Mith the said Fiorids Bank at Fort Pie rce, its . ~
successors and assigas, that said mortgage heid by them is
and shali continue to be subject, subordinate aad inferior
to the mortgage granted or to be granted to the ssid Floridt
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