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SUBORDINATION AGREEMENT
KNOW All MEN BY THESE PRESENTS that- HIpD6N PINBS, INC., a Rlorida Cornora?tion
th~ ownen and holders of that urtain mo?t~a~e ar~d the Indsbtedness secured ths~eby, executsd by
Petez M. l.oaain4, Inc. a Rlorida Cospora~tion
O. R.
under date of ?~lY 16 , 19~~, recorded in idat~p~ Book 2 S 4 ,~e ase~ ~
St. LuciQ County, Florida, public ~ecards, encumbering real property:ituate i~
St . l.ucie ~~ty, F~o~ds, as follows
Lot 3~ Block A, HI~BN PI[VBS BSTA?BS~ accordinq to the plat thereof on file in Plat
Book 17, paqe 21~ public records of St. Uucie County~ Rlorida.
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At the request of said mo~tgagors and in consideretion of the sum of Ten (E10.00) Dollars and other valuable cansiderations
~nuring to the undersigned from First Federal Savings and Loan Association of Fort Pierce, do hereby subordinate ihe lien
and operation of said mortgage to the lien and operation of that ce~tain mortgage, and the indebtedness secured thereby
executed by the said mortgagors to FIRST FEDERAL SAVINGS AND LOAN ASSCCIATION OF FORT PIERCE under date of
_Julv 26 , 19J~, reaorded in O. R. ~,k 255
, at pag~ 1229 St . Lucie
and also a corrective ~.ortgage recorded in O R. Book 257, at page 349, St. Lucie
County, Florida, public records, securing the sum of S 49 ~600. d0 , and encumbering the above destribed
real property, in the same manner and effect as if said mortgage had been dated and filed for public retord prior fo a~d
in advance of the mortgage held by the undersign~d which is hereby subordinated. ~ ~
IN WITNESS WHEREOF, we have hereunto fixed our hands and seals this day of q76
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S~gned, (ed a deli ered in the pr nce of: IDDEN S . ~tion
.
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_ -~~Lil/~Li[l ~d i ~~J/A~s.a i :~•1#~ ~V
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chard G. Gremleg, ~ ;v , ~r o= ;
STATE OF FLORIDA Pre s i dent g~,~3~~•,~~ r~
COUNTY OF St. Lucie . ~~iw~.:'':3' .
~
~ STATE OF FLORIDA COUNTY OF ST. UKIE
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1 HEREBY CERTIFY, That on this lst day of ~pt~e! ~q 76 ~
~ Richard G. Gresley ~ .•~'"'"~~r~<~~~~~~'~~°
~ before me perwnally appeared ~ " ~
~ " ~
~ ~ President ~Y , s, = ~
~ ~ L- , of
i Hidden Pines, Inc. Rlorida '~;~~'Q '~j- j~'~4'
, , ' _e~r.;~~ me
f ..i'. sy„y.. i.~ -a:
~ known to be the persons described in and who exetuted the foregoing instrument and sev~ ~ _3~,s~
~ s . 4,~ t
! cution thereof to be their free ad and deed as such officers for the uses and purposes there~ ~ ~1[ieF
they-~''~
, ,
f affixed thereto the official seal of said corporation, and the said instrument is the ad an~- porattolt.
~P,._ i~'~ .
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~ WITNESS my hand and official seal at Fort Pierce F~ oR , said county and stsh.
~ ?his instrwaent prepared by: ~ ~ `
Robert A. Swisher Jr. Nota Pub ~c, in and for State and Coun _ aforesaid.
Rizst Rederal Sav~ngs and I.oan rY ~Y
~ Associatiar~ of Fort Pf~rce, Rlorida My Commission Expires: ~ 77 .
~ .
~ OR
Ba~K 257 Pa~E 884
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