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HomeMy WebLinkAbout2592 . • , ~ ! z, ~ ~ ~ ~ ~~j ~ , -~'~493~ a 0 G• SUBORDINATION AGREF,MENT , KNOW ALL MEN BY THESS PRESENTS,that whereas it is proposed by the ST. LUCI$ COtAdTY $ROSION DISTRICT, hereinafter called the District, to construct and maintain an erosion control project on the South Beach at Fort Pierce, Florida, and WH$REAS, a portion of the lands involved and necessary to said project are subject to the following described encumbrances held by Nature of Recorded ~ncwabrance Date From r A ainat In Favor Of 8 Mortgage 4-14-55 Herbert T. Stanner & First F'ed. Savings .B. 89 Dorothy G. Stanner, & Loan Asso., of 116 his wife ndian River County and ~ WHEREAS, on behalf of the District a request has been made for the undersigned to subordinate said encumbrance to the r=opErty rights of . the District in and to the portion of the lands hereinafter described. ~ ~ ~ NOW, THEREFORE, for and in consideration of the premises and other qood and valuable consideration, the receipt of which is hereby acknowl- ~ ~ edged, the undersigned subordinates said encum~ranc~ to the property rights of the District to construct said project ::pon the following de- scribed lands, being a portion of the encwnbered premises in St. Lucie . ~ County, Florida, to-wit: That part of the following described parcel: Lots 5 and 8, Block 14, OCEAN VIEW a subdivision as per plat there- of as recorded in Plat Book 6, page 61, public records of St. Lucie County, Florida, _ lying Easterly of the following described line: a~or a point of reference, commence at the Southeast corner . of Section 1, Township 35 South, Range 40 East; thence pro- ~ ceed on an assumed bearing of "East" along the extended South line of said section a-distance of 89.76 feet to the POINT OF BEGINNING; thence'proceed on a bearing of North - 20° 27' 40" West a distance of 702.00 fee~ co a point, ; , . ~ f TFlif INBTRUMENT WAS PREPAREO 9Y ~K RALPH B. WILSON. ST. LUCIE COUNTY ~OOK~~ tAGEAN/~~ COURTHO~I~E. FT. RI~RCE. FWRIDA ~ . ; _ - - - _ ~ ~ z ` ` ~ ~~r ~i~~~~,~~"; s, y