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SUBORDINATION OF AGREEMENT "
KNOW ALL MEN BY THESE PRESENTS THAT:
WHSREAS, BLUE GOOSE GROWSRS, INC., a Delaware corporation,
hereinafter referred to as "Blue Goose", and LAWRENCE A.
MUCKENTHALER and NELLIS MUCKENTHALER, his wife, hereafter referred
to as "Mortgagor", have heretofore entered into an Agreement dated
July 26, 1963, and recorded in Official Records Book 71, Page 312,
Public Records of St. Lucie County, Florida; and
WHEREAS, the hereinabove described Agreement grants unto
Blue Goose a Zien on the real property described in Appendix "A"
which is attached hereto and made a part hereof for all purposes; :
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and
WHEREAS, the hereinabove described Agreement provides among
other things that there shall be no encumbrances, liens or other
claims against the crops now growing or hereinafter growing on
the real property described in Appendix "A"; and
~ WHEREAS, Mortgagor has applied ta The Mutual Life Insurance
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~ Company of New York, a New York corporation, hereinafter referred
to as MONY, for a mortgage loan on the real property described in
~ Appendix "A", in the original principal amount of $150,000.00 {
~ which mortgage is dated November 6, 1969 and recorded
iw aR.4..~~ ~ t/ r s jL, :
under Clerk's No. ?~j`O,Z~ , Public Records of St. Lucie '
County, Florida, and
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WHEREAS, MONY required that the lien of its mortgage be a
first lien on the real property described in Appendix "A" and
has requested Blue Goose to subordinate the terms and provisions
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~ of the Agreement hereinabove described, including specifically
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~ but not limited to those certain terms and provisions which, respec-
~ tively, therein grant a lien on the real property described in f
Appendix "A" and prohibit encumbrances, liens or claims of liens
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~ against the crops now growing or hereinafter growing on said
" S INSTRUMENT 1MAS~tEPJ1RED
eY s-, x,c~/ 7~ • I~
AND SHOUlO BE RETURNED TO
ANDERSON & RUSF3
600K ~~~,''PAGf ~ Attorneys ot t~w
~ P. 0. BOX 2288
ORLAN00, FLORIDA 32802
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