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HomeMy WebLinkAbout0391 ~ ~ - 1 ~.4.:'_'~ SUBORDINATION OF btORTGt1GE ° ti\lX~' tiLL ~~iLN f3Y "i'fiL' SE YRLSLI~1' IYHEREAS, JESSE . tiAb1ILTON did on the 30th day of Apri 1, 1966, make, execute and deliver to L. IV. SCCITT, a certain mort- ~age ~vhich is no~~~ recorded in O. R. Book 144, at page 4~1 of the public records of St. Lucie County, Florida, encumbering certain lands therein more particularly described; and WI-iEREAS, the said JESSE 1Y. HADiILTON is the o+vner of an un- di~~ided one-half (1~2) interest in and to said lands and has given a mortgage on the f ollo~ving described property: An undi~~ided one-half (1~2) interest in and to the follo~ving described lands: The N1V 1~4 of Section 17, To~vnship 34 South, Range 39 East; and the 1ti' 1~2 of Section 8, To~vnship 3~ South, Range 39 East; and the ~ 1~2 of the NE 1~4 and the S1V 1~4 of the iVE 1~4 of Section 8, To~vnship 34 South, Range 3~~ East. Said premises being sub- ject to all easements of record and less all public rights of ~vay for roads and or dr~.n~~ e canals, ~/?O, D . pp . :l t, ; f'~ said mortgage in the amount of ~999:~9; and titiHERFAS, the said JESSE tiv. HAI~SILTON has requested the said L, l~'. SC~TT, the holder and o~vner of said mortgage, to subordinate ~ ' the lien of said mortgage upon the lands hereinafter described to ~ i said mortgage granted or to be granted to the Yrudential Insurance ~ Compan~- of Rmerica, Ne~vark, Ne~v Jersey. lti'ITNESSETi~ that for and in the consideration of the sum of 3 Ten Dollars and other valuable consideratiflns, receipt ?vhereof ~ ~ is hereby acknowledged, the said L. ~~1'. SCOrTT for himself , his ~ executors, administrators, heirs and assigns, covenant, consent ~ ~ and agree to and with the said Prudential Insurance Company of ~ ,3 America, Newark, New Jersey, its successors and assigns, that said mortgage held by him is and shall continue to be subject, ~ - subordinate and inferior to the mortgage granted or to be granted to the said Prudential Insurance Company of America, Ne~~ark, Ne~c Jersey, on and over the Eollowing de~~ribed lands encumbered b}~ the lien of said mortgage, said lands iying and being in St. Lucie = County, State of Flarida, to-~?~it: ~ _ ~ ~ ~ a~st~ ~ ~ _ n~ . _ - _