HomeMy WebLinkAbout0813 ~ SUBORDINATION AGREEMENT J?~~.
KNO~J AL.L MEN BY TNESE PRESENTS that 6riar~ate Corporafiion, a Florida
Corporation, the maker of that certain Declaration of Restrictions,
executed by Briarga~te Corporation, a FZorida Corporation, by its duly
authorized officers under dafie of January 8, 1968, recorded in Official
Record f3ook 169, paAe 2925, St. Lucie County, Florida, public records,
encumberinR real property situate in St. L,ucie County, Florida,as follows:
That part of the South half of the SE 1/4 of Section 32, Township ,
34 South, Range 40 East, lying South of Juanita Avenue as described in
O.R. Book 139, pa~e 54, St. Lucie County, Florida, pubiic records;
LESS AN D FXCEPT THEREFROM the East 50 feet and a parcel 2S0 feet by 250
feet lying in ttie PJortheast corner, and a parcel along the Sauth side as
deeded to Central ~ Soutliern Flood Control District and recorded in Deed
~ook 259, page ]66, S~, Lucie County, Florida, public records.
A,NU TtiAT said BRI~ATE CORPORATION as Mort~agor, did, on Jan~iary 9, f
1968 execute and deliver.``~r~sr',~nortgage in the principal sum of S56,000.00, ~
which mortp_,age was filed,•.~afi.ua~y 12, 1968, in O.R. Book 169, page 2967, ~
_ Public Records of said St:~.~it~ie-County, Florida, to FIRST FEDERAL SAVINGS
_ ~ANB LOAN ASSOCIATION QF FOR7': ,P~ERCE as t~ortga~ee;now therefore, the said ~
Mort~a~or at the request of sai~c] ~'Mprtga~ee and in consideration of the ~
sum of S1J.00 and other valuabl~,co~ts~iderations inuring to the ur?dersigned
BRIARi~ATE CORPORATIOIJ from First Federal Savings and Loan Association of ~
Fort Pierce, does hereby subordinate the lien and operation of said
;eclaration of Restrictions to the lien and operation of that certain
mortp,age hereinabove described and encumbering that portion of the above
described property as set out and described in said nortgage, in the same
manner and effect as if said mortgage had been dated and filed for record
prior to anti in advance of the Declaration of Restrictions which is hereby ;
subordinated.
j"1'n1ITNESS WHEREOF, we have hereunto fixed our hands as authorized ,
officers of Briargate Corporation and caused the Corp rate Seal of said
Corporation to be hereunto affixed this ~~hday of u~~ .,1968.
A~~~~t : ~ BRIARGA ORPORATIO ( Seal )
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STATE ~t~~''~ ~k~RIDA
COE1t3;~~,,,~`~5T' . LUCI E
S f~EREBY CERTIFY that on this day, before me, an officer duly authorized
in the State aforesaid and in the County aforesaid to take acknowledgments,
personally appeared Robert E. Rose and `!ary Rose, President and Secretary
respectively of Briargate Corporation, to me known to be the persons describ-
eci in and caho executed the foregoing instrument and they acknowled~eci before
me that they executed the same as the act and deed of said Corgoration.
WITNESS my hand and fficial seal in the County and Stafie last afore-
said this J~_ day of A.D. 1968. '
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Notary Public i~ ,art~ or? S:fiate
and County afor~s~id. : ~ -
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~ty commission ~expi'res '
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F11.~t~AN~ RECORPl~jO~c ~'o ~ lo~a ir ~rw~.u~ e ~
sT. ~uc+E cour~nr, ~ c/3
Rr COPp VERI~I~p
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68 JA~ 29 A~I !0. SS -
t~ ::Oi7R.'. ~
C~~RK CIRCUIT COURT
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