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HomeMy WebLinkAbout2603 . - b -~i . ~ ~ ~ . 21414'7 17-1-0056594 Parcel No. 103.1 Job: Avenue Q ~ St. Lucie County, FL ~ ~ i ~ t SUBORDINATION OF ENCIMBRANCE ?O PROPERTY ' RIGHTS TO ST . Li1C IE COUNIY , FIARIDA ~ IQION ALL MEN BY THESE PRESENTS: That iihereas, it is proposed by St. Lucie County, State of Florida, by and through its Board of Countq Cow- missioners, to locate, construct, maintain and/or isprt+ve a portion of Countq ; Road, Avenue Q, in St. Lucie County, Florida, in accordance vith survey and ~ plans on file in the office of the St. Lucie County Right of i~lay Departaent, - and ~ i1HERfiAS, A portion of the landa iuvolved and necessary to said ~ection of road is subject to mortgage held by the undersigned; and WHEREAS, On behalf of St. Lucie County a request has been ~ade for the undersigned to subordinate said eacunbrance to the property rights of St. Lucie County in and to the portion of the premises hereinafter described. NOiI, TAEREFORE, WITNESSETH: 1t~at for and in consideration of the premises and one dollar and other good and valuable consideretions, paid, receipt of ~rhich is hereby ackno~rledged, the undersigned subordinates said encwnbrance to the property rights of St. Lucie County, Florida, to locate, construct, maintain and/or imprave said section of road aver, through, upon, and/or across the following described lands, being a portion of the encum- bered premtses in St. L+icie County, Flarida, to•wi[: The South Ten (10) Feet of: Lot~ 13 and 14, Block 6 of Sunrise Park Subdivision, No. 1, as per plat thereof on _ file in Plat Book 8 at Page 42 of the public records of St. Lucie County, Florida, { insofar as said remises are affected by the following described enc~m?brance ~ P ~ now held by the undersigned: ' ~ Nortgage dated February 17. 1958, from Milliam P. Outlav ~ and Grace Outlaw, his wife, in favor of S~er G. Whittier, as Administrator of Veterans Affairs, recorded in Mortgage Book 144, P~ge S;'~, ~t ss~., Current._Public Records of St. Lucie County, Florida. ~ ' - PROVIDED, ALFIAYS, I3EVERTHELESS, and it is e~cpressly understood and agreed that this instrument subordinates said encwnbrance insofar as same affects the rights and privileges of St. Lucie County, Florida, in its use of the land specifically above described, for highuay purposes only, and that nothing herein contained shall in any way ~ffect, alter, impair, mini- ~ mize or diminish the effect of said enctanbrence or tl:e remedies at law or in ~ equity for recovering thereout, or against the parties charged thereby, the , . full amount of all s~aas secured by and/or due under the same. It is further understood and agreed that in the ev~nt said above described premises are t ~ abandoned by the county and cease to be used for high~ray construction and ° maintenance purposes that in such event the subordination of said enc~snbrance ~ _ shall terminate in and to such portion abandoned and no longer used as afore- ~ = ~ said, and ihe encumbrance become of the same status with reference to such ~ y abandoned portion as if the subordination had never been made. ~ ~ IN NITNESS itHEREOF, the present Administ!-ator of Veterans Affairs, named below, has caused these presents to be executed in his name on the ~ 13th day of August, A. D. 1971, by his Attorney in Fact, hereunto duly ~ ~ ~ ~ ~Si~01t ~ ~ ~ j ~ ~ q, - . ' ' ~ _ : ~ . . . , _ . . - . . , . -'r2rcn+