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I SUB~3RDIN1~ITION O!' MORTCAGE ~ f:~ e~~~-~
1CNON P1LL M8N BY T~iESB PRES8NT3 TH~T t
lrHBREAS: !'LORZDl~ M~1ID CITRUS CORPOR~TION, a Florida
corporation, has heretolore executed a mortqaqe in tavor of F. HURTON
SMITB and 1~tAGNSR GROVES, INC., a Florida corporation~ dated Auqust
15, 1963, and recorded in Officfal Recorda Book 69, Paqe 10, Public i
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records of St. Lucie County, Florida, which mortqage encwnbered the ~
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follo~+inq described property located in St. Lucie County, Florida,
to ait:
Block 20, AGRICOLTURE PLAT OF FIARIDA MAID CITROS
GROVE, accordinq to the plat thereof as recorded
in Plat Book 13, Paqe l, Public Records of St.
Lucie County, Florida.
~THEREAS , THO~MAS T. LEN1C and MARY LSN1C, his vi fe , have appl ied
to CONNECTICtIT GSNSR~L LIFS INSURI~NCS COMPANY, a Connecticut corp-
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oration, for a mortgaqe loan on safd Block 20, in the orfqinal prin- 7
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cipal amount of $1~6,700, which last mentioned mortgaqe is dated
March 5, 1966, and recorded under Clerk's No.._. ~~.3~ of said
public recorde, and
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NSERB,~?S, said Connecticut General Life Inanrance Company reqnires !
that the lien of ita mortqaqe be a firat lien and has requested said ;
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F. Burton S~ith and Waqner Groves, Inc. to subordinate the lien of
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` their mortqage hereinabove described to the lien of said Connecticut
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~ General Life Insurance Coeapaay mortqage,
~ N0+1i, 1'HEREFORE, in consideratioa of the premises and of the
mutual advantaqes and benefits accruinq to the parties hereto, and
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in further consideration of the sum of $1 in hand paid to said F.
Burton Smith a~nd Wagner Grovea, Inc., the recaipt Mhereof is hereby t
acknorledq~d, said 1~. Burton Saith and ~laqner Grovea, Inc. do hereby
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covenant, consent and agree to and With Connecticut General Life
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~ Insuraace Co~npany that said mortgaqe herefnabove described and
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~ recorded in said Official Records Book 69, Paqe 10, rrhich is o~+ned
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~ aad held by them shall be and the same is hereby made subordinate,
~ inferior and subject in every respect to tha liea of said mortqaqe
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dited March S, 1966, in favor of eaid Connacticnt General Life
~ ~~Rx ~ 4l 296 .
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