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SUI30RDINATIQN OF AGREEMENT t~.~,~,7~~
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KNOk' ALL MEN BY THESE PRESENTS 7HAT:
WHEREAS, BL~UE GOO5E GRO~IERS, INC. ~ a Delawa~e corparation,
hereinafter referred to as "82ue Goose", and THE D~UTSCH COMPANY,
a partr.ershiP, n~reinafter referred to as "Deutsch", have
heretofore entered into an AFreen~ent dated January 1, 196~ and
recorded in Official Records Hook 91 ~ Pa~e 449o Publ~.c Records of
St. Lucie County, Florida; and
t~iEREAS, the hereinabove described Agreement ~rants unta Blue
Goose a lien an the real groperty described in Appendix "A" which
is attachcd hereto and nade a part hereuf fur all purposes; and
~r1HER£.AS, the hereinab~ve desaribed Apreement provides ~m~ng
nther thin~s that there sha11 be no encumbrances, liens ar other
~
~ ciaims a~ai:~st the cropr now growinQ or hereinafter grawin~ on
0
Q the real prop~rty deseribed i.n Appendix "A"; and
~ a~~ ta~i~'F2EAS Deutsch has a lied to e?~lutual Life Insurance
o,,,xy ~ PP ~
-r~o
~ o~ 5 Cor~pany of tlew York, a I~!ew York corporation, hereinafter referred
a o to as r~O~~iY, for a mort~a~e loan on the real pr~ape~ty described in
~c
W
~ Appendix "R", in the ori~inal principal amount of ~ 39,000.00
which r^ortga~e is da~ed June 1, 1965 and recorded
uncler Clerk ° s f~'o. Public Records of ~t. Lucie
County, Florida, and
ti!I{EREAS, rtqi~lY requares that the lien of its mostp~~e be a
first lien on ~h~ real property described i~n ~ppendix "q." and has
requested Blue Goose to subordinate the terms and provisions of the
A~reement hereinabove described, ineludin~ sgecifically but not
limited to those certain terms and provisions which, respectively,
therein ~ran~ a lien on tt~e real propertydescribed in Appendix
and prohibit encumbrances, liens or cl~im,s o~ 2iens against the
crops now prowinp or hereinafter ~rawin~ on saicl re~3 prap~ rty,
to the li~en of the above described mort~a~e;
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