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HomeMy WebLinkAbout0256 L/,KE3~VQ !-i~~~ ~ /77(.~ ~ SUBORDINATION AGREEMENT 222'711 KNOW All MEN BY THESE PRESENTS that ~on D. Milles the ownen and holder~of that certain mo~tgage and the indebted~ess secured thereby, executed by ~keside Garder~s Inc and MWG Corporation, both Florida CoYporations ' O. R. under date of MaY 13, ~q 71 ,retorded in MsMgsc,~e- Book 192 , page 1370 ~ St . LuCie County, Florida, public records, encumberi~g ~~rl property situate i~ St. LuCie _ County, Flo~ida,.as follows From the point of beginning which is the Northwest cornez of the NEIy of Section 2'7, Township 35 South, Range 40 East~ St. Lucie County, Fla., run ; Yarth bt3°54'20" West along the North line of said Section 27 a distance of j 152 feet to the Easterly right-of-way of U. S. Highway No. 1; thence run South 00°O1'08" East along the Easterly zight-of-way of U. S. Hiyhway No. 1 a distance of 922 feet; thence Yun South 88°54'20" East a distance of 2933.21 ~ feet; thence run :Iorth O1°46'46" West a distance of 923 feet to the North ~ line of said Section 27; thence run North 88°54'20"'West along the North line of said Section 2'7 a distance of 2552.84 feet to the point of beginning;- f co4pri sing 57. 54 acres, al l in St . Luci e County, Flor ida. 2~~,11 FIIED ayn kcCOADED ' ST. LUClE ~OUNTY F~~, RCCE:~ ?~~;RAS ClERK ;J:' C(?b~qr 4 RFCO~(T V= ~ r,~ ~ 1$ 2 39 ~H '?Z At tne request of said mortgagors and in consideration of the sum of Ten (510.00) Dollars and other valuable considerations :;,ring to the undersigned from First Federal Savings and Loan Association of Fort Pierce, do hereby subordinate the lien ~nd operation of said mortgage to the lien and operation of that certain mortgage, and the indebtedness secured thereby executed by the said mortgagors to FIRST FEDERAL SAV~NGS AND LOAN ASSCCIATION OF FORT PIERCE under date of December 21, , 19 '71 , recorded in_SY.R._Book at page 1653 , St. 1.ucie ~ ; ~.ounry, Florida, public records, securing the sum of E 100, 000.00 , and encumbering the above described ~ real property, in the same rnanner and effect as if said morigage had been dated anc! filed for public record prior to and ` n advance of the mortgage held by the undersigned which is hereby subordinated_ ~ 21st December ~l s IN WiTNESS WHEREOF, we have hereunto fixed our hands and seals this____ _ day of , 19 . / ~ 5~gned, s~ai n delivered i e pre nce of: / ' ~ ~ , ~ ' ~ , ~ ~ csEn~) ~ • - Leon D. Miller ~ ~ S. - - (SEAL) ~ ~ ~ r S TE OF FLORIDA ~ ~ COUNTY OF St. Lucie ~ : ; ~ : ~ I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the Counfy ; ~ ' Leon D. Mi l ler ~ ~ aforesaid to take acknowledgments, personally appeared - to me known to be the persons described in and who executed the foregoing instrument and they acknowledged before - ~e that they executed the same. ~ ~ WITNESS my hand and offical seal in the County and State iast aforesaid this_21st _ day of ~CS~; ~ t. ~:~L':~:~,,,.,,2.. ~ A.D. 19 71 . - JS'r ~ . i~,`. ~ ~ •~1~~~ ti','; _ , ~ . = Notary Public in and for S3stea f . !~,••~~~x~`•! . My Commission expires: , RETURN TO: ~ p _ FIRST fEDERAI SAVINGS ~ LOAN ASS'N ~a.- ~~J~..'~%,'~.; = FORT PIERCE, FLORIDA '~~'i-,''~•••''~ ~ ~ ~ ~•c~~S, s _ This instzuseat prQpared by ~ John W. Collins . Fizst Federal Savings and L.oan t Association of Rort Pierce, Florida a~199 255 ? 'r"~~' . - u,-~~ _ ~e" n~ . . ~j . . _ . . _ ;?t - - :~.u.. . ...e . . _ , ~ . . .r _