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insofar as said premises are affected by the followinq described
encumbrance now held by the undersigned:
Nature of ( , From or Recorded
Encumbrance i Date A ainst In Favor,of Bk. Pq.
~
Mortgage 8-31-59 am McPeak & Ivy M. R. Melton & 159 282 ~
. McPeak, his Katie Melton,
ife his wife
PROVIDED, AL~IAYS, NEVERTI~LESS, 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-
age purposes only, and that nothing herein contained shaZl in any .
way affect, alter, impair, minimize or dimish the effect of said en-
cumbrance or the remedies at la~ 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 subordination of said encumbrance shall terminate in and to such
portion abandoned and no longer used as aforesaid, and the encumbrance
become of the same status with reference to such abandoned portion as
if the subordination had never been made.
IN WITNESS WHEREOF the said h~lder of said cumbrance has duly
execut this instrument this ~sC
day of , A. D.
19~~~-•
Signed, sealed and delivered
in the resence of: - (L.S.)
M. R. Melton
_ ~ . (L.S.)
' ' ?
,~1~ (L.S.)
Katie Melton
(L.S.)
STATE OF FLORIDA
COUNTY OF ST. Li7CIE
BEFORE ME, the undersigned authority, this day personally ap- '
peared M. R. MELTON and
KATIE MELTON, his wife to me well known and known
to me to be the individuals described in and who executed the fore- ~
going instrument, and they severally acknawledged before me that th~_
executed the same for the purposes therein expressed.
WITN~.E.~`S my hand and official seal this 1Q'~day o
A.D. , 19~fs . ,
FILEO ANO RECORDED ^
ST. ~UCIE COU~JTY. FLA. Notary Public in and for the. n
i~E_CO~~ VE~~FiED q}t tY3;~d State
aforesaid. =r•.r~=;, a ~!?:,E
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CLERK CIRCUI7 COURT - ;
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