HomeMy WebLinkAbout1866 FI~ED AND R~COROED ~t ~
___.____$T. WCIE COUNTY. F~A. - t60"~3 '
RFCORa VERlFIEQ '
'6T OCT 10 PM 3:3
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='~'T~~S SUBORDINATION AGREEMENT • ~
CLERK~CIRCUIT COURT ~
KNO~V ALL riEN BY THESE PRESENIS, That Q~
Productioa Credit Association, hereinafter called Assudation, in consideration of Oae Dollar (51.00) paid and
the further consideraHon of the granting to Bob tlsQra~ and Helen b. (ieor¢e. his vifi
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of a loan by the Federal I.and BaAk ~
of Columbia, heseinafter called Bank, subordinates the following ~d. here- ;
~cing Statsa~nt ;
tY?after collectively called Assodation I.ien, reoorded in the Public Recorci+ o: ~~T ;
County, Florida, to-wit: .
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FROM DATED MTG. BIG PACB C. M. BR. PAGS
Bob fisorg~ a~d ~
H~l~n L. t~eorga, ~ ,
his x1te............danuas7r 5, ~9b7 161~ 142 ~
TO A CERTAIN r40RTGAGE FROM ~b (ieol~'~~ and gelsn L. Ge~r~a hi~ ~die
to Bank, se~uring , dated _~n 79_ l0l~7
- 0?tiaisl R+ecords ~
and recorded in said county in ~ Book at page ,~ereinafter caUed Bank Mort-
gage, as follows:
(1) Bank Mortgage shall be prior to Association Lien on the lands descxibed in Bank Mortgage.
(2) On cropa coming into existence after any default in Bank Martgage, or note secured thereby, Bank
Mortgage shall be prior to Association Lien except as follows: Association Lien, so far as same se-
cures advances for production and marketing of crops, shall be and continue superior to •Bank Mort-
gage on the csops for the production and marketing of which said advances were made.
~ (3) Except as herein specificaUy provided the priority of Assoc~ation Lien shall remain unchanged.
~ And Association hereby agees that ia the event it assig~u Assuciatiuu Lien, the assigiunent u~ill recite
the fact tbat Association Lien has been subordinated to Bank ~icxtgage.
jDf WHEREOF, Association has caused these presents to be e:ecuted and its oorporate seal
~~1i?~~td ~;at~i~$ by its proper officer thereunto fitst duly authorized, thia 9~ day ~ - _
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~ ' . ~ ~ N ~ u " . ti ; . . PRODU ON DI OCI~TION
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• • • • • •S~ ~1 y S' Treasurer
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STAT&::AF FLORIDA
COUNTY OF ORANGE j ~ ACKI~TOWLEDGMENT
Before me, the undersigned authority, this day personally appeazed U3vid A. Graddv
who is to me well known and known to me to be the Assistdtlt - Treasurer of the corporation de-
scribed in and wlrich executeci the foregoing instrument and he acknowledged to and before me t6at he executed
said instrument in the name of said corporation as its act and deed and impressed thereon the oorporate seal
thereof, ;;~y authority conferred by the by-laws of said corporation
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~~.~`~:~j~ . WHEREOF I have hereunto set my hand and official seal at ~lando
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:~fg~esaid this 9~ dsy of October 19 6~ -
. ~t~~`~2~~t ~ : ' '
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: : c/' ~ ' i ~ . . Notar~r Pubric. &ate a[ at Lar~e
_ - Mav 31, 1969.
_ . - : F : - ti. : b[~ Commfssion FSplres:
_~.,''Of'rr:.^. ,:;``,,`,:_'i
`:'~i~;~~ie office of the qerk of the Circuit Court of County, Florida,
~1.3•' .
on the day of 19_-, at ddodc M., and reoorded in
~k No. Page and reoord verified.
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Qerk a the Sald Caurt ron. PCS +eo
; F~. 71.~ 6~K 168 PA~E 1861
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