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ins~far as said prer~,ises are affected by the following descriUed
encumbrance now held by the undersigned:
Nature of j + From or ; ~Recorded
Encum~rance y Date ~ Aqainst ~ In Favor of ~ Bk1,_rPq
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f ~ - ! ~ #
mortgage ;~t~Towx~l~er ~.7ohn R. Scruggs~ 4 First Federal 1 1~ ~?SO
~r-lqfi3- `Jr. and Mary E. : Savings and Loan ; '
ptesber iS~cru s, his wife~ Assn. of Fort ~ 187 ! 193
99
1970 ~ ;Pierce ~
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PROVIDED, ALWAYS, 1S6VERTHSLfiSS, and i t is expr`essly understood
and agreed that thi~ instrument subordinates said encumbrance insofar
as same affects ths rights and privileges of St. Lucie County in its i
use of the land specifically above described, for road and/or drain-
,r~~ ~~~i: ~u~::e:~ oi~ly, i~nd Ch.~t no~hin~ t~c~rain co~~.~inr.cl r~h.~l 1 in .tiny
way a::~ct, alter, impair, minimize or dimish t}ie e£feet of said ~n- ~
cu:~J~rance or the remedies at law or in equity for recovering there-
out, or against the parties charged thereby, the full amount of all ~
sw-ns secured by andfor due under the same. It is further understoocl
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 '
crainage construction and mainter.ance purposes that in such event
t.'~e subordination of said encumbrance shall terminate ia and to such
~ortion 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.
ZN WITt~ESS WXEREOF the sai~ holder of said encumbrance has duly
executed this instrument this ~_day of ~?y ,~1:~: .1971 .
Y.._...,r...~:~... -
Si nec, sealed and delivered - -
~ FIRST FEDERAL SAVINGS ANU~ ~,1~~.SOC~A~tION
in the present of : ' ~ ~ " ° ~ ~ : ,
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(~'z~:~~c_st,~L ,,.~Kcc.Ct h' :
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~-.-`!'~.r~ `-o,~a~ ~
(Corporate Seal)
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STATE OF F1.OR I LlA ~ ~
COUI~'TY OF S2'. LUCIS
Z FiEREBY CERTIFY that on this day, before me, an officer duly
autnorized in the State and County aforesaid to take acknowledgments,
ger sonal ly appeared ?»o~S A• D~z ISCa-j- .
well known to me to be the President a~i
respectively of the corporation nair.ed in the fore-
going i~strument, and the~? severally aclcr~owledged executing the same
in :.~-.e presence of two subscribing witnesses freely and voluntarily
i:.~.cer aut~ority duly vested in th~n by said corporation and that=t.~e '
seal af~ixed thereto is the. true corporate seal of said cor~oz~tl~~i. _
- • , .Aµ R. . - .
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k'ZTI~SS my h~d and official seal in the County . ~~`.~,'te.'last.•
,
a~oresaid this ~ day of ~?v , A.D. 1~9.~~'~ Y i
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ftt ~~kDFO ? . - : / _ti. _ .
A_~• : _ 'J
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ft.l~Gi= CO~MTY ft1?~ - ' . :
ROtE~ Pz~TA1's ~t ` Notary Public in and for tlK~ ;~t~ c~;'.-_ - :
~~ERK ~~R~u~T C~ State aforesaid. l~''~~` `
RELOR9 YEP'f ~ED ~ ._.,`~.i~-~. r .
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~ My Commission Expires: 12-3-71 +~~~~s.Y~
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