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to the lien of ~uch individual mortgage, provided
that such mortgage is made with an institutional
lender, which is herein defined as a national or
state bank, insurance company authorized to do
business in Florida, or a state or federal
savings or building and loan a~sociation; and
•provided, further, that each such mortgage shall
not exceed 8096 of the then sales price Qf tl..:
Condominium unit. If requested, the Lessor_shall
confirn? said subordination in writing. The '
subordinated lien af the Lessor as herein provided
shal~ cause the Lessor's lien to be subordinate
and secondary in position to any and all rights, _
claims, titles or liens acquired by said
institutional le*~der.
~ 2. In al~ other resp~cts, the said Long Term Lease remains
unchanged and umnlodified. .
IN WITNESS WHER$OF, the parties have hereunto set their
hands and seals, the day and year first above written.
Signed, sealed and delivered
in the presence of: ~
RYERSON & HAYNES REALTY, INC.
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BY_ -
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As to Lessor ATTEST: ~t~ -1~ .
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(Lessor)
HIGH POINT OF FORT PIERCE CONDOMINIUM
ASSOCIATION SSCTION l, INC.
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~ ~ /lS:- s%~ ~ lU..• _ ATTEST :
As to Lessee
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l./?W OFFiC~B BART L. CONEN~ CITY NATIONAL BANK BUILDING, MIAM1~ FLORIOA
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