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SUiiURUINATION ON tdORTGAGE 2 ~ 7 0~ 4 ~
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1v I T N E S S E T H: ~
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WHEREAS, there has been duly recorded under date of ~
~~~~.r ~7 , 1970, in Volume Page 144
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St. Lucie County, Florida, ~lortgage Records, a mortgage from `
KDI Electro-Tec Corp. to The First National Bank of Cincinnati f
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as Agent; and E
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WHEA~AS, in accepting such mortga~e, The First National
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Bank of Cinc3nnati was acting as Agent for ten banks, ;
including itself; and
WHEREAS, there has nok• been granted and recorded a
mortgage from KDI Electro-Tec Corp. to The First National Bank
of Cincinnati as Agent, dated f , 1971, and recorded
in Volume /9/ Page St. Luc3e County, Florida
mortgage records, covering the same real property, but as
mortga~ee in this instance The First ttational F3ank of Cincin-
nati is acting as A~ent for seven banks, including itself;
and
~ihErinAS, it is desireci tbat th~ first described mortgage,
wherein :he rirst i~atio:~al BanK of Cincinnati acteci as Ager.t
for ten banks, be subordinated in favor of the mortgage in {
wh2ch The t~irst tiational Bank of Cincinnati as tne mortgagee ;
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is acting as the Agent for seven banks; ;
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;~Ow; :'r.EF.EFOR~:, in consideration of One Uollar ($I. 00 ) ;
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and other ~,ood and valuable considerations, receipt of which ?
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is :~ereby acknowledged, The First ilational Bank of Cincinnati, ~
as Agent for ten banks, as awner and 'nolder of said mortgage, ~
uated (~~T~o ~or Z~ , 197p, and recorded in Volur~e ~
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