HomeMy WebLinkAbout1245 insofar as said premises are affected by the following described
encumbrance now held by the undersigned: . •
Nature of ' From or ~Recorded
Enc brance ~ Date A 8 nst I Fa Y o Bk P
. • . ' i ~
Leamon H. Futch Securlty Federal
~ Mortgage ~ July 15, 1971 and Savings & Loan Asso- , 192 2359
Elizabeth Y. Futch~; cfation of Indlan River ~
his: wife I County • I
~ ~
. PROVIDSD, ALWAYS, NEVERTHELESS, and it is expressly understood
and agreed that this instrument subordinates said encumbrance insofar
as same affects the rights and privileges of St. Lucie County in•its
use of the land specifically above described, for road and/or drain-
age purposes only, and that nothing herein contained shall in any
way affect, alter, impair, minimize or dimish the effect of said en-
cumbrance or the remedies at law or in equity for recovering 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 for road and/or
drainage construction and ma3ntenance purposes that in auch 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 auch abandoned portion as
if the subordination had never been made.
IN WITNESS WHEREOF the:said holder of said encumbrance has dul
executed this instrument this' th day of _ September , A.D. 19~~ .
Signed, sealed'and delivered '
in the present of s , i Secunry fede~al Savi~gs b Loan AssaiaUon of Indian River Carrtt~? •
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, . . .
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; f ~ 8 ~r sident -
' ~a ~ Security Fe Savin~s & s oc ''on of Indi
` _ R~ver unt ~
ATTEST : ~ ~
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, eal) ' • Ita ~ Secreta
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~ - S~9$ , pF'~ ~.~10R I DA ~
CO j .
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~~'~:~j~r~ ~ INDtAN RIVER
I~REBY CERTTFY that on this day, before me, an officer duly .
authorized in the State and County aforesaid to take acknowledgments,, ~
personally appeared Clyde P. Platts and 8yron T. Cooksey
well known to me to be the President and
ecretary , respectively of the corporation named in the fore- ~
going instrument, and they severally acknowledged executing the same
in the presence of two subscribirtg witnesses freely and voluntarily
under authority duly veated in them by said corporation and that the
seal affixed thereto ie the true corporate seal of said corporation.
WITNESS hand and official seal in the County and State Zast
aforesaid thie day of September , A.D. 19~.
. ~ . ~ . ~ .
~ - ST
~1jClE COfiNT ary Public in and for the Cour~ty and
. .f':
• ' •~t' ~ Racca ~o~: cyg,.ste aforesafd '
. = ~ , ' ' CIERR GRCUIT d11MY' '
' ' "t`~+ ' RECORD VEfi1f1EQ~C
' ` ~ '~'?`~-~:4f-~r
y~ ~~~A-~~Y.,.- . ~ ~eeion Sxpires s November i 3. 1971
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