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; AND 11HEEEAS, FZORIDII~ BIIILDERS OF VERO BEACH, INC.,
E has given a construction mortgage to UNITED STATE3 STEFT,
~ COEPORIlTIODi, U~1ITE~ STATES S~EFS, HOl[BS DIVTSION, a New
Jeraey aorporation, dated the 13th day of Yay, A.D. 1965
in the amount of ;19,000.00, an reoorded in Official 8ecord
~ Book ~ at page lt3 of the publio reaords oY St.
Lucie aun y, Florida, enoumbering the following deacribed
` lsnd~ to-wit:
Lot 1, of COLLEGE FARK ESTATES PI,AT
UNIT I, a~ per plat thereof on file
in Plat Book 12, at page 52 of the
~ public recorde of
St. Lucie County,
Florida;
~ and that the said FLORIDIAN BUILDERS OF YExO BEACH, INC.,
has given a construction mortgage to tTNITED STATTS STEEL
CORPORATZON, IINITED STATTsS STEEL HOI~S DI9ISION, s Few
3ersey c a~ poration, da~ed the 13th day of Iiay,A.D. 1965
in the amovnt of =15,750.00, anT recorded in Official Record
Hook 11fl at page of the publia records of St.
Lucie~~y, Florida, encum ering the followin,g dsscribed
t land, to-~rit:
~ Lot 2, of COLI,EGE ~'ARK ESTATES PLAT
UNIT I, as per plgt thereof on file
in Pla~ Book 12, at pa~e 52 of the
public Tecords of St. Lucie Countg,
Florida;
and that the said FI,t~TtIDIAN BIIILDERS OF YERO BEACH, INC. ,
has given a aonstruction mortgage to UNTTED STATES STEEL
CQRPORATION, UNITED 3TATE5 STEEZ HOffiES DI~SION, a Nev?
Jersey corpor~tion, dmted the day of Msy, A. D.
1965 in the affioun~ of i16,500. Q~~~ and recorded in Offici.al
Ree~ord Book I!A. at page of the publie
reeord~ of St. Lucie County, Florida, encumbering the
fnllowing described land, to-wit:
Lo~t 3, o~ COI,7~EGE PARK ESTATES PLAT
UNIT I, as pex plat thereof on file ~
in Plst Book 12, at page 52 of ~he
publie reoards of St. I~ucie County,
Florida;
V~ITNESSETH :
That in consideration of tn~ sum of One Dollar and
other valuable consideration~ exchanged between the parties
h~reto, the receipt of which is hereby aaknowledged, it is
agreed between the parties hereto ss follows, ~o--wit:
1. That the ST. LTJCIE MORTGAGE COMPANY, does here-
by subordinate the lien anci operation of the mortga~e
recorded in Offieial $ecord Book 69 at page 684 of ~he public
reaords of St. Luci~ Coun~y, Florida, to the three construc-
tion mortgages in favor of UAITED STAT~S STEEL C08POBATION,
IINITED STATES STEEL HOl~~'S DIYISIOR, more particularly
des~~ibed above, in the same manner and ef~eet a$ if sa~,d
t mortgages had be~n dated snd filed for publiC record prior
! to and in advance of the mortgage held by the said ST.
LUCIE Y08TGXGE C4ffiPABY, thus csusing the said mort~sge
recorded in Official Hecord Book 69 at page 684 of the
public records of St. Zucie Gounty, Florida to b~ a second
lien on said premises.
sooK ~i~