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HomeMy WebLinkAbout1833 . 1' ~ insofar as said premises are affected by the following described . ~ encumbrance now held by the undersigned: ~ Nature of From or i 'Recorded Er.cumbrance Date A ainst In Favor of~ Bk. P. ~ortgage 1/14/69 Fort Pierce Shri e First National O.R. Club Holding Company, Bank of Fort ~ 175 1471 a non-profit ~ Pierce i ' Flor.ida corpora- ! ; , tion ~ ; ~ PROVIDED~ ALWAYS, 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- age purposes only, and that nothing herein contained shall in any way affect, alter, impair, minimize or dimish the effect of said en- cumbrance 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 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 holder of said encumbrance has duly 4 executed this instrument this 3~ day of Ju1Y , A.D. 19 69 . i Signed, sealed and delivered in the present of: FIRST NATI AL BANK OF FORT IERCE . `t,t;,t:-' ~ . ~ - . ~p Its _ ~ Presideilt ` (i ~ ~ . { ATTEST : _ _ , ~-c•-~~ . , . (Corporate Seal) Its ~ `l3eCrefi~Yy-' ` - STATE OF FI,p~ ~ COUNTY OF ST. LUCIE ~ s I I-~REBY CERTIFY that on this day, before me, an officer duly ; authorized in the State and County aforesaid to take acknowledgments, ~ per sonal ly appeared H. M. Jernigan and Earl H. Bullock well known to me to be the President and Vice res, as er~ 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. WITNESS my hand and official seal in the County and State last ,,a~ft~~~~,~c~,sd this 3rd day of july , A. D. 19 69 . ~ •J ~ ~ ~ ~ ~ ' ~,Il : , ~ ; . ~ ~ , . . ~ ~ ' - . , ~ i . = Notary Public in and for the County and ' ~rr : `;'c ~ILEO bND RECORC6~ate aforesaid. • t% = ST. lt;~lF C~UR:T~ FL'. ':.i,', • . ^•~1~~~ _ j80~ ^ 'My Co~aission Expirea: ~f~7~ . ~ ~~9 r+t 1 ~'9 9:5~ ~ . f -~'~.,c.c. ~ ~,n S C~ ~-~K ~'r':U~T COURT ~OOK~ ~V ~iE~~J~.r ` _ .~»r>~ ...r,. - , .r. _