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HomeMy WebLinkAbout1268 ~ 3 g~ ~ ~ i { e ('u. ~ SUBORDtNATION AGREEMENT KNOW All MEN BY THESE PRESENTS that Reed L. Bacon and Bessie W. Bacon, his xife _ the owne~s a~d holde?s of that certain mortgage and the indebtedness secured thereby, executed by Don L. Ritchey and Roberta C. Ritchey~ his Fri.fe under date of ~~~er 30 , 19~, recorded in Mortgage Book ~ 97 , pag 1 6 ~ St. IuCie County, Florida, public reco~ds, encumbering re~l property situate i~ St. IJUCie County, Florida, as follows • Begin at a point 381.25 feet South of the NW corner of the NE 1/lt of the ~T 1/!t of Section 26, To~mship 35 South, Raange 40 East; thence South 101 .26 feet; thence East parallel With the quarter section line to the shore of the Indian River; thence in a Northxesterly direction alo:~g ssid riv~er shore approximately 110 feet to a point; thence Fl~st para±.l+el xlth the quarter- section line to the point of beginning~ in- ' cluding riparian rights; except, however, that part previously convey~ed to the Florida Fast Coast Rail~ray Co~any and all rights of Way for public roads. v ? S{ WCIE COUMttRfU. \ NOCER POITItA: : ~ CIERK CItiCU~? COURT ' ltECORO YERIFIEO.......-~+ ~ Sp Ia 3 ~a PN'~1 ~ ~ z~1ss ~ ; Ar the request of said mortgagors and in consideration of the sum of Ten (510.00) Doltars and other valuable considerations ~:~uring to the undersigned from First Federal Savings and Loan Association of Fort Pierce, do hereby subordinate the lien and operation of said mortgage to the lien and operation of that certain mortgage, and the indebtedness setured thereby : executed by the said mortgagors to FIRST FEDERA! SAVINGS AND LOAN ASSCCIATION OF FORT PIERCE under date of ~ August _ 2 , 19 72, recorded in P• Book 205 , at page ~ 61 , St. LuCie County, Florida, pu~lic:records, securing the sum of S 67~5~~.~ , and encumbering the above described ~ ~ real property, .in the samg manner and effect as if said mortgage had been dated and filed for public record prior to and ~ ~n adva=c~~~`jAt.mortgege hetd by the undersigned which is hereby subordinated. ; j IN WfTirIfSS WH~RE4F~ we have hereunto fixed our hands and seals this day of September ,~q l ' : S~riec$'~a1Cd anrJ d''~ ?cd in the presence of: ~ ~ ~ i r _ ~ . ~SEA~~ ~ ; _ Q Reed Bacon ~ - ~Q-~'-rx~ SEAL ~ ' ( ) ~ Cfl•• Bessie W. Bacon ' Tennessee ' STAtE ~O~ ~8~? ; ~ . COUI~TIf OF Hamilt~[1 ` I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the Counfy t [ . . - j Reed L. Bacon and Bessie W. Bacon, his ~~i.fe~ ` ; aforesaid to take acknowledgments, personally appeared r.,,,_ - , to me known to be the persons described in and who executed the foregoing instrument and iFiey acl~~tpwie~dged : befoce~ # me that they executed the same. - ~ ~ '.t ~ WITNESS my hand and offical seal in the County and State last aforesaid this_ day qf,~:~ ~ A.D. 19 72 '~f ~ :n, . ~ ~ _ o r~ Notary Public in and for tate an rity~p~oresaid. ; . ~ My Commission expires: ~ /O ~ ~f3 RETURN TO: / FIRST FEDERAL SAVINGS 8 LOAN ASS'N FORT PtERCE, FLORIDA _ ~ This instru~ent prepared by ; J. H. koberts, Jr. 800K~VlJ ~~i~i~~~ Fizst Federal Savings and Loan Association of Rort Pierce, Florida ~ 3 ~ : ~ - - - ~ -