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SUk3l7RDINATION OF I~pRTGAGE I
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, THIS SUBORDINATION ~F NARTGAGE made and executed this i
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~day of Oct~ber, 1965 by JESS LINN and RUTH LINN~ his wife, ~
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hereinafter cdlled first parties and JOHN M. IAPES,JR. and BETTY R.i
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LOPES, his wife, hereinafter called second parties and GULF' LTFE ~
IriT~URANCE COMPANY, a Florida Corpc~ration, hereina.fter called third ;
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party, !
W I T N E S S E T Ht
WHEF2EAS, second par~ies are the owners in fee simple ~
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of that certain hous~ and lot in S`t. Luci~ County, Flarida descri-- ~
bed as: ~
Lot 8 and t he N
Z af Lot 9~ in Block "E" ~
of MARAVILLA ESTATES ~ accnrd~ ng ta P1 at
the reof recorded i n Plat Book 8~ Page 77,
of the Public Records of St. Lucie County,
Florida. And
W'NEREAS, there is an existing first mortgage encumbering ;
the above described property to F3.rst Federal Savings ~nd Loan '
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Assoc3ation of Fart Pierce in the oziginal principal sum of
$10,500.00, dated .7uly 27, 1962 and zecorded in ~fficial Records ~
Book 42, Page 35 of the Public Records of St. I_ucie County, Flor.i.day.
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WHEREAS, f.irst parties are the owners and holders of an
existing second mor~gage encumbering the above described property `
~o them in the original princ3pal sum of $1,109,'70 dated August 13s;
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1962 and recorded in O~ficial Records Book 43, Page 485 of the
Public Records of St. Lucie County, Florida. And
~ 4~'HEREAS second arties are maki `
, p ng cert~in additions
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and impro~?ezuents upan the above descral~ed property andy in conjunc-±
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tion therew3th' have app~ied to thizd paxty for a moxtgage in the
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~ ~ pri.ncipal sum af $14~00~.OOy the prQCeeds of which axe to be u~ed ;
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