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HomeMy WebLinkAbout2773 . •iasofar as said premises are affected by the following described encumbrance now held by the undersigned: ~ Nature of ; From or ; iRecorded ~ Encumbrance I~ate ~ A ainst ~ In Favor of Bk. P. I Mortgage 11-21-58 Cecil Sallette ~irst Federal Sav- 151 ' 1 i & Mary Louise ~ngs & Loan Asso- ` i ! Sallette, his ~iation of Indian I wife River County ~ : , ~ ' ' ; PROVIDED, AL~~AYS, NEVERTHELESS, and it is expressly understood and agreed that this instrument subordinates said encumbrance insofar as same affects the rights and privileges of St. Lucie County in its use of the land specifically above described, for road and/or drain- ` aae purposes only, and that nothing herein contained shall in any ~ way affect, alter, impair, minimize or dimish the effect of said en- cur.ibrance 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 abandoned by the County and cease to be used for road and/or drainage construction and maintenance purposes that in such event ~ the subortiination of said encumbrance shall terminate in and to such portio.n ~bandoned and no longer used as aforesaid, and the encumbrance ' becor,?e of the same status with reference to such abandoned portion as if the subordination had never been made. - ~ IN ~VITNESS WHEREOF the said holder of said encumbrance has duly executed this instrument thi s 29th day of December , A. D. 19 67 . Signed, sealed and delivered FIRST FEDERAL SAVINGS AND LOAN in the present of: ASSOCIATION OF INDI R COUNTY . gy : ^ ' . ~ Its c ce Pr si nt I ` ' .hJS1..t; LJ2. ~ ~ ~ " AT EST: Q~~- ~ i : , ~~Cprporate Seal) Its A~sistant Secre ry STA1~ pF FLORIDA ` COUNTY OF INDIAN RIVER I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State and County aforesaid to take acknowledgments, personally appeared Ben E. Th~npson, Jr. and William T. Ashley s well known to me to be the Exec. Vice PrESident and ~ Assistant Secretary , respectively of the corporation named in the fore- going instrument, and they severally acknowledged 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. t WIThySS my hand and official seal in the County and State last aforesaid this 29th day of December , A.D. 1~ 67 . _ ~ ~ Notary Pu c in and for the~County and - ~ , State aforesaid. _ NOTARY PU9! dC. ST0.?E ot Fl('RiDA at LARGE MY CO~I~ISSIGN ExPtR:S fEB. 25. 19G9 ' • My Com•nission Expires!oNOCa TMppUaN iR~O ~II. DIES7EU~oas* ~ R " Fi~EO nrao ~~co~o~~ - ~ - - • . ST. LUCi~ CnU~:TY. FL:.. , - • ' " . a:. r;~~^ -jr.~O s - . f . . . , - - 163~3 ° • . `J ~ . ,6~ ,r,' 5 ~t~l ~ ~ : 4 ..r _ _ ~?.~s: ~ ~ ~ S~K i69 PA~2754 ~ ~ r. : :,j - ' r.i FRK CIF2CU;7 CUUnT - - - - -