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HomeMy WebLinkAbout2701 ~r ' SU~C7RDTN~TION UF ~~?RT~AGE i ~ ~~r',;.,,;,°i ; KNOW ~'iLL b1EN BY Th~:;:.E rREaENTS T~~.NT : WH~,REAS; Piiillip F~. Roberts and No1a J. Roberts, l~is wiTe, have heretofore executed a mortqage in favor of Blue Goos~ Gro~~aers, Znc. dated February l, 1965 a.^.ci recorded in C~fficial R~cordU Book 113 ,~'~g~ 265 .~~-i~ Records of st. Lucie County, Florida, whir:h mortgage eneum- bexed the.._f~~ -dascrib~ pr~peerty loca~ed in Lucie Co~_utty, t'loricia, to wit : ~ c ~ Ti~e 27ortli 365 ~'eet o•~ Bloc:c a, I~LAN ti~7ILSOZJ GP~OVES ° Q as per plat tiiere~~~ an ~ile in P1.at Boo.~ 12, Page z j~~ 50, Public Zecor~s o: S4. Lucie County, L'lorida ~ ~ ~ coni.aining 21..~'r7 acres . o ~ x 0 N ~ m ~ a~c ° ~ ~ ~ ~ ~ ~ p W ~ " ~`;I~R~t:S, Phi].l~p fi. ~o;~er~ts anu idola J. Poberts, nis t,ri~e, ~ ~ ~ and El.ue Goose Growers, Inc. have app].ied to T~le i~lutual Liie Xnsurance Company o~ ~tew York . , for a mortgage loan an ; he ai~ove praperty in the original principal amaunt of $11,C100.U0 which last m.entianned..mortgage is ~ated June 1, 1965 and recorded under ClArk'~ Iv~. of said ~ublic Records, and o:` ~~ew `.~or:; ti~~i~RE:i~, said The ,•Iu~ual Li:^e Snsurance ~ompany j requares that the lien o~ i-~s mortgage be a first lien and l~as xequested said SZue Goose Gxa~•~ers, Tnc, to subordinate the lien of ats mortgage herein~bove described to the lien of said Th~ .•iutual. Li ~ e Ii~SUrance Co~:1~an1~ o~ New York mortgage, N0~~1, TN~REFU~~., in cansideration of the premises ~xnd of the mutual advantages and }xnefits acc~u~ng to the parties hereto, and ~ in further consideration of tr.e sum of ~l.QG in hand paid to B~ue Coos~ G~owers, ~nc. the rec~ipt wherea~ is her~by acicnowledged, L1ue Goose Gratv~rs, ~nc. daes ':~!ereby, . cove~ant, consent and agree to and with ~;~e c~iutual. Liie Insurance co,lpansl ar ~7e~~ ~'or:; thGt s~id mortgage hereinabove descxib~d and recoxded in said Uffic:ial kecords Bdok 1'a.3 ,~age 265 which is owned a~d held by ~t shall be and the same is hereby ~~JVS - ~ ~"R( ~~7J