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HomeMy WebLinkAbout1269 ~ it:sofar as said premises are affected by the following described encumbrance now held by the undersigned: Nature of 'i From or ;Recorded Encumbrance i Aate 1 A ainst In Fa~~or of ~Bk. P. Mortqage i 8~-66 ~Roy B. Wallace ~First Federal Sav- 153 j 153 ~ Helen Lee ;ings and Loan Asso ~ I ~Wallace, his ~ciation of Fort ~ + ~ ~ wife ' Pierce ( ~ ~ ~ f PROVIDED, ALWAYS, NEVERTHELESS, and it is expressly understood and a~reed that this instrument subordinates said encumbrancc insofar as same affects the rights and privileges of St. Lucie County in ?ts : use of the land specifically above described, for road and/or drain- ~ age purposes only, and that nothing herein contained s:~all in any way atfect, alter, impair, minimize or dimish the effect of said en- cur.ib~ance or the remedies at law or in equity for recovering there- out, or against the parties charged thereby, the full amount of all sums secured by and/or due under the same. It is further understood and agreed that in the event said above described premises are offi- cially abandonea by the Cou»ty and cease to be used for road and/or ' drainage construction and maintenance purposes that in such event the subordination of said encumbrance shall terminate in and to such portion abandoned and no longer used as aforesaid, and the encumbrance becoine of the same status with reference to such abandoned portion as if the subordination had never been made. ~ . '~~``Q~t"~f Ir~ WITNESS WHEREOF the sa3d holder o aid eneunypr~nce-•~~s ,-duly : executed this instrument this fT/r'day of E~i~~E~- ~ A.~; :19~. : , : ?,.~i~ - - Signed, sealed and delivered FIRST FEDERAL SAVINGS AND:1iQAi~ ~ - - r in the pres t gf : ' ASSOCIAT OF FORT PI ~ ~ .y' 'a ~i . ~ I S~r 1//B.e' President ; . i ~'f ATTEST~ • ~ ~ (C porate Seal) Its A~~(. Secretary i . t STATE OF FLORIDA ~ COUNTY OF ST. LUCIE i ~ _ I HEREBY CERTIFY that on this day, before me, an officer duly ! authorized ir. the State and County aforesaid to take acknowledgments, ~ personaliy ~ppeared ~ ~ ~'~kr~ a„~o~ ~~ln w• + ! well known to me to be the ~ss ~ ~~r _ President and S• ~ f , respectively of the corporation named in the fore- going instrume t, and they severally acknoh'ledged executing the same in the presence of two subscribing witnesses freely and voluntarily - under authority duly vested in them by said corporation and that the seal affixed thereto is the true corporate seal of said corporation. WITIv'ESS my hand and offic 1 seal in the County and State last aforesaid this ~ day of _~N:~e~a~cd/ , A.D. 19~2,. : i Notary Pu ic. in and for the Councy and f • ~ State aforesaid. ~ ~ • - J , . .:r:: Aotulr Pu66c. St~te ~ ~ ~ - - ~ ~ ~ AND ~ Q~ 1~Aj? Ca"mis"°"~~ ' ~ fIL~O ~ sion Expires: .e.~.,~~.~~s+y = ~ ` , , 5T. LUCIE C~NCTT: ~-"1~: - ~ _ R~ Cn~'r.; V-- RIr1E0 _ , . ~ ~e' ~j--' .'~T QEC 5 AM I I; y3 . ~+r,.::. ~ ~ 16233~ . g~K169 PACE1257 ~:u ~i-:?t :-v~1 r~.;,s CLERK CIRCUIT COURT _ _ _