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SUBORDINATION AGREEMENT
KNOW ALL MEN BY TF~SE PRESSNTS that PARKVIEW BAPTIST
CHURCH OF FT. PIERCE, INC., the owners an8 holders of that
certain reverter clause in the Warranty Deed, executed by
PARKVIEW BAPTIST CHURCH OF FT. PIERCE, INC.~ urider date of
April 1, 1973, recorded in OR Book 212, page 1932, St. Lucie
County, Florida, public records, encumbering real property
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situate in St. Lucie County, Florida, as follows ~
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Part of the SW~ of the NW~ of Section 28, T 36 S, '
R 40 E, St. Lucie County, Florida, more particularly
described as follows: ~
From the point of intersection of Prima Vista Boulevard ~
- and Airosa Avenue as recorded on the Plat of River Park ~
Unit Five in Plat Book 11, page 31, of the Public Records *
of St. Lucie County, Florida, run Northerly along the '
centerline of said Airosa Avenue and Airosa Avenue extended
485 feet; thence Easterly along a line parallel to Prima
Vista Boulevard 160 feet to the point of beginning of the r
following described parcel of land; Thence Northerly
along a line parallel to Airosa Avenue (extended)~350
feet; Thence Easterly along a line parallel to.Pri.ma ;
Vista Boulevard 485 feet; Z'hence Southeasterly along a i
line, said line making an interior angle of 125° wi~h the °
preceding line, 427.27 feet; thence Westerly along a line
parallel to Prima Vista Boulevard 730.07 feet to the
point of beginning; said described parcel of land lying ~
~ in ection 28 Townshi 36 South, Ran e 40 East, St. Lucie
$ . P g
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, County, Florida, and containing 4.88 acres more or less. ~
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~ At the request of said grantee and in consideration of the '
sum of Ten ($10.00) Dollars and other valuable considerations -
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inuring to the undersigned from First National Bank of Fort ~
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Pierce, do hereby subordinate the grantors reversionary inte=est ~
to the lien and operation of that certain mortgage, and the
indebtedness secured thereby executed by the said grantee to
'First National Bank of Fort Pierce under date of April 26 ,
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~ 197 3 , recorded in Q - . Book ~ / 3 , at page ~ ~ s ~P , ~
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St. Lucie County, Florida, public records, securing the sum of ;
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$ 100,000.00 , and encumbering the above descri.bed 9
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real property, in the same manner and effect as if said mortgage `
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