HomeMy WebLinkAbout1733 ~ ~~~9~
. ~v.
15U 5~33
SUBORDINATION OF PURCNASE
MONEY FIRST MORTGAGE TO SECUND MORTGAGE
IQTOiW ALL MEN BY THESE PRESENTS :
That, whereas, WILLIAM E. PEDLOWE and ANNE I. PEDLOWE, his
wife, did on the 19th day of June, 1964, make, execute and deliver
one certain Warranty Deed of that date whereby they did convey to
JOSEPH EUGENE PARRISH and JOANNE LILLIAN PARRISH, h3s wife, the
follawing described property, to•wit: ~
Lots 6 and 7 of Block 3, of Fabers Subdivision as
per plat thereof on file in Plat Book 2, at page 6
of the public r~cords of St. Lucie County, Florida,
together with ell improvements thereon,
and, -
Whereas, the sellers, WILLIAM E. PEDLOiWE and ANNE I.
PEDLaWE, his wife, did receive a purchase money first mortgage deed
fram the said JOSEP'H EUGENE PARRISH and JOANNE LILLIAN PARRISH, his
wife, to secure the payment of one certain promissory note in the
sum of FIFTEEN THOUSAND FIVE HUNDRED DOLI~ARS (~15,500.00), payable
in installments of $111.05 each; said installments payable monthly,
~i the first being due and payable on the lst day of August, 1964, and
~ like installment on the corresponding day of each successive month
~
thereafter until the entire note is paid; said note bearing six per
cent interest from date until paid~ and
Whereas, it is the desire of the mortgagees, WILLIAM E.
PEDLOWE and ANNE I. PEDLOWE, his wife,_to receive a cash reduction
in the principal outstanding indebtedness on the above-said
promissory note held by them and secured by the abave-said purchase
money first mortgage deed on the above-described real property, and
~ Whereas, it is the desire of the said JOSEPH EUGENE PARRISH
~ "
and JOANNE LILLIAN PARRISH, his wife, to refinance the abovesaid
~
~ obligation through First Federal Savings & Loan Associ2tion of Fort
Pierce, and to give a first mortgage deed thereon superaor in every
800K ~VO PACE ~
31
~
~ xr ~ r II - _
-.<s-~''~ ti'~' ~ .~r-- ~ *s~,.~
j ' ~
w~
~ :
~ . , . _ _ -