HomeMy WebLinkAbout0473 ~~~",~JV • I
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'mis ins~wnent was propared by .
Ches~ B. Griffin ,124•A No. 2nd S~ ~
Fort Piarue, Fla.
SUBORDINATLON AGA'~SMENT
W~iSR~AS , under date of November 13 , 19 7 3, a mortqage
~ras qiven by SLMSR BA.SS an~d HAZEL BASS, his wife, to
FRANIQ,IN LLASING, ZNC., a Florida corporation, which aartqaqe ~
~ras recorded on December 6, 1973, in O. R. Book 221, page 1794,
of the public records of St..Lucie County, Florida, which
mortqaqe ~ras assiqned on December 12, 1973, by FRANRLIN
LEASING, INC. to BANK OF M~T DORA, which assiqnment was re-
corded in O. R. Bobk 222, paqe 1487, public records of St.
Lucie County, Florida; an,d,
i~REAS, un,der date of Novembe= 13, 1973, a mortqaqe
v~as qiven by H& S CITRUS, INC., a Florida corporation, to
FRANKLIN LEASING, INC., a Florida corporations which mortqaqe
~ras recorded on December 6, 1973, in O. R. Book 221, page ~
1793, public records of St. Lucie County, Florida, which mort-
qaqe was assiqned on December 12, 1973, by FRANIQ,IN LSASING,
INC. to BANK OF MOUNT DORA, which assiqnment was recorded in
O. R. Book 222, page 1486, public records of St. Lucie County,
Florida, and which mortqaqes an~ assiqnments of ~oitqaqes re-
ferred to above cover th+e follawing described real property
~
~ lying and beinq in St. Luci~e County, Florida:
~ AS TO ELMER E. BASS an~d HAZEL BASS, his wife:
All of Lot 28, except the Wes.t 386 feet (also
~ described as the East 259.5 feet of Lot 28) of
IIIDUSTRIAL SUBDIVISION, as per plat thereof
€ recorded in Plat 8ook 9, page 5, public records
3 of St. Lucie County, Florida; and
s
~ AS TO H&"S CITRUS, INC.:
~
~ The Sa$t 230 feet of the~ West 386 feet of Lot
~ 28, of Ii~IDUSTRIAL SUBDI~ISION, as per plat
; th~ereof recorded in Plat Book 9, paqe 5, public
~ records of St.. Lucie County, Florida.
~
~ ~IIiffitEAS, CITIZENS FEDERAL SAVINGS & LOAN ASSOCIATION
€
~ has agreed tA make a mortqaqe loan to H 6 S CITRUS, INC. in
~ the anrouat of $187,SOO.~Q, hereinafter called the "New.Mortqaqe"
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N[ILL ORI/IIN JlFfRI[s i LLOYD QUOK~~Z PACE -
r CMARTERED I
P. O 00% 1270. fORT MERCE. ilOR10A ~3460 -TEIEPNONE 1~05) 464-0200 ~
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