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HomeMy WebLinkAbout2792 , ~ ~ SUBORDINATION AGREEMENT 315203 KNOW All MEN BY THESE PRESENTS that A~iCON ~ INC. OF FORT PIERCS the owners and holders of that ce~tain mortgage and the indebtedness secured the~eby, executed by EDEN PARR MANAGEMSNT, INC., a Delaware corporation O. R. under date of May 1~ , 19 75,~ecorded in7~ia~~~8ook 2~2 page 918 . St. LuCi@ Cou~ty, Florida, public r~cords, encumbering real property situate i~ St. I,uCie ~My. Fiwida, as fdlows ~7i.~'4' / ~G~f " ~~,YC-~/~ . ~ - ~~~}l~`3.-~f~1-,~~'./!• . . . ' •.t t~. i~t.~.Kts:. d t~t .t =..t.e s~r«...+ si~....t u:. 4 oi ! k~ ot Latod~irDdi~i~io~; s~ Os~ce.:.of z.cera.~ ri.e~ s.e~ ~ t.~s_• ~ . ti~ it 1te Meo~da ot tc. wcte~co~oc~. slostd~. sa~ cM.~e. so~el f! aq. •S~ sla. tAi aettti liM ot ei~t~t =~=tae~,=~02.10 tat.se dw.w~t_lia~ o! SonR1 ` ce at t, s~id pi~t M~nt 2S =e~t vat~sl~ ot tba uot~slio~ ot ~slselas pwr4: F ~ t oa A 13t1~ Strest; tMx~ lbrtp 2 iss. 3~ s~la• Yat• a1o~t tLe vsst lia~ ot D 13tb ~t . 27~.22 iNS to t6t. ~utb liM oI Wt~t wr~w~; ct~.~e. wss~ a~ i• S~da~~ W i t~ alon~: ebe ioutl~ liw o t•Ta~tnr AtN~w• liS.ll~ [Kti tl~se~ io~tl~ - K. 1~ i~lo. La~t: 1~6.5 iMt; tbioe~ IlortD i9 ~q. 'S7 ~lo. it~st. l~ te~t to_ t6~ ~~.t int 1~ t1w wt lia~ o~ ~loek 3 0! Laloe~ S~tidi~l~loe; •d~toe~ Soet1? ~s i~la• 1~ ths wt -lier oE Nia iloek 3 ot Woda SuDai~i~ipe ~1» te~t tD t6e poiat ei• tAeta~. -!M ~ hio,~ a past' oi_ eM i 1/2 ot' tbe wt lf4 0l tM SY 1K oi tM . i~l/4 ot.S~ctio~ 9. lovw6i~ ~S soutb..~a 40.ia~t. l~.tA~ Clty oi To=s'ti~se~.' : cS w~~. co~cr. nos:a.. _ . . . . - ~ - ~ , ; - . , • . . ~ . . iy. . ' . ~ . . t ~ : tlw ins~~etio~ ot th~ sa~t~ lie~ oi LaTooi 6nbdi~i~iva pd tM, soutA liot oi ~ t~e 1ir~w srw~l~t ~t ~l~ ~ W~t1~ lla~ ot Lwtss wwaw I~as tor hiat : ~atyr tM~t~ p~t~~w fast p iMt. eMs~ ~ Nssll~l trith tM ~Mt lia~ [ ~Ti~i .l~NlirlstM l~i.s tNt. t?M-vMt iMt. tlia Mct?.1K.s !Nt ~ tw. 3a~ ~L M~Lat~~ tw i~et3~s lw~~/ ;u fwt~~ L~!. i~~. ia~t~ e~' . . , . , At the request of said mortgagors and in consideration of the sum of Ten (~10.00) Dollars and other valuable considerations inuring 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 secured thereby executed by the said morigagors to FIRST FEDERAL SAVINGS AND LOAN ASSCCIATION OF FORT PIERCE under date of _ AUgu3t 20 19 75 , recorded i~ 0•R •~+k at page~~~. ST- ~ Lc County, Florida, public records, securing the sum of s 1~250,000.00 , and encumbering the above deuribed real property, in the same manner and effect as if said mortgage had been dated and filed for public record prior to and ~n advance of the mortgage held by ihe undersigned which is hereby subordinated. IN WITNESS WHEREOF, we have hereunto fixed our hands and seals this~ day of A11gi13t , ~q 75 i , ; Signed, ed and delivered in the presence of: ARNCON IN~O~P`-, F'ORT PILRCT i . ' E _ ' B ~ •`~~~<<; ~?n~+~~N~~~~~? ~ side ~ ~..c-,.-~~ Att 'i..•'-~,~ - i + . " ~ - I s reasp~e . - ~ . ~ STATE OF FLORIDA ' : ~ = ~ ~ r ; y. " ~t r~.. 7: ST. LUCIE COUNTY OF ";r: :~b=`' .:`o~ .~y.,~o•~: I HEREBYQ ERTIFY that on this day, before me, an office~ duly authorized in the State aforesaid and in`"t~.f~oui~?~_,~~ ~ W.W. Arnold and T. J. DelRosso, President and Secretary-Treasurer, resp~lc~ively aforesaid to take acknowledgments, personally appearedt of Arncon, IAC. , of Fort Pierce = to me known-to be the persons described in and who executed the foregoing instrument and th atk wled ~d before , me that they executed the same. SS such officers, for the uses and purpo~es ~er~~.n mentione and that they affixed thereto the corporate seal of said corporatioa. WITNESS my hand and offical seal in the County and State last aforesaid this?Oth day of Atlgti8t _ ~ y A.D. 19 75 . 1L`~ rul~~. ti ~ ~ ~r ~ , : ~ ~ Notary P ic in and f~ State ID~n1j/•, fQsaid. : t i ~ ~ ~ ~ ~ M Commission ex i , ~ y P ''6°'r~~ 9 RETURN TO: : ~,~v : ~ ~ FIRST FEDERAL SAVINGS 3 LOAN ASS'N ~J;;.~. FORT PIERCE FLORIDA ~ ~ t dE . ~i /f ~r ~j . ~ ~ , ' ~?R~ ~ '~~-,~,~t~~,~~.e~'.... 'This instrusent pzepared by ~~6`;.~ tt 66uAT~ at RK ~~,t~1~D ~ANK /CEE Rf.~4~~ yE ~ L~~ Fisst Fedezal Savinqs and Loan • ~~~~5 / Associ~tion of Fort Piezce, Florid~?? ~O ~ ~ socK24z ~2?~ 315~03 - - . . Y: ~ ~x ~ , ~ ~ ~~~v ~