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HomeMy WebLinkAbout1176 ~ insofar as said premises are affected by the following described encux~brance now held by the undersigned: ~ Nature of ~ From or ; ~Recorded Encumbrance Date i A ainst ~ In Favor of ~Bk. P 1 ;i ~ mortgage 3~e-~4; Frank Martin & ~ First Federal ~~i'~2-+ 35~6'3~ Theresa Martin ~Savings and Loan ; 188 1304 Nov~ber 19 ; Assn. of Fort ; 1970 'Pierce ~ PROVIDED, ALWAYS, NTsVERTHELESS, and it is expressZy understood and agreed that this instrument subordinates said encumbrance insofar as same affects the rights and privileges of St. Lucie County in ita use of the land specifically above described, for road and/or drain- age purposes only, and that nothing herein contained shall in any way a£fect, alter, impair, minimize or dimish the effect of said en- cumbrance or the remedies at Iaw or in equity for recoverinq 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 far 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 porti.on as if the subordination had never been made. . IN WITNESS WHEREOF the said holder of said encumbrance has_dul executed this instrument this day of _ ~+v , A.~. ~19~i . , ' 1 . . Signed, sealed and delivered FI12ST FEDERAL SAVINGS~~'~A~,~QAI~1~ in the present of : ASSOCIATION OF F``,•~~E ~E~ ~ ~ ~ ~i~~.~~ r~_~.1~ - Its - pre ~ ~t . ~ y } ~ I/1~at.~1 . ~~~~~F~~~: ~ •~i.- .!ir '+ja e,i~.r •..j ~•S~ •S.•. Qii~1G ~ • : ~ (Corporate Seal) ~g STATE OF FI~BTnA COUNTY OF Sr . LiIC IB ~'1 ; , I F~REBY-CERTIFY that on this day, before me, an officer duly . authorized in the State and County aforesaid to take acknowledgments, . personal2y appeared THOMqs A. DRISCQI. ; well known to me to be the President ~ , respectively of the corporation named in the fore- going instrument, and they sevezally acknowledged executing the same in the presence of two subscribing witnesses freely and volunta=~ly under authority duly vested in t~n.by said corpc>ration and that the sea2 affixed thereto is the true co°rporate aeal of said corporation. ' WITNESS my hand and official sea2 in the County and State iast aforesaid this day of _ i?~ay , A. D. 19„~~,,:; - ty[~ aECGitQE4 ; F LEC . ; ~~j••=`:..., - : ~ S~. LUCIE COUNT1t tt ~ . 1tOtER F'vi?RAS . CIERR C?':GUIT COt1RT Notary Public in and for t,ll,e; G d's~ RECOPD rEk+F~~O~ S~te aforesaid. = ` ~ • 'r ' ~ ~ , ~ 36 ~M'1 ~ , '~z,~~!'.'~--~••' c My Commi Bsion Expires : i2-3-~2: Q~~='j ~ . - . . ~ . . 2~1 f t ~ j , r ; I ~ ; . y ~ y ~~~>Y~~.~~.~tz4~a,~,-:"", _ . - ~~%'~v~~~, ~