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SUBORDINATION AGA~dBNf
KNOW ALL MEN BY THBSB PRESENTS. that BRSKINS FLORIDA PROPBRTIESS.
s.
INC a Florida oorporetion. as to an undivided one-hsli (i/Z) interest. and ERSKINE ~
CONTRACTING CORPORATION, an Ohio corporation. as io en undivided one-half (lIZ)
interest. the holders of a certain Mortgage gives by OCEAN TOWERS DBVBLOPMBNT
CORPORATION, a Florida corporation. dated August y .1878. Sled August 30.1979.
and recorded in Official Records Book~/s . Page~l.'~'9~ . St. Lurie County. Florida.
Public Records, which Mortgage covers the followiag described real property situate
in St . Lucie County , Florida . to-wit:
SBS BXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF
For and in consic~earation of the sum of TEN DOLLARS (110.00) and other good
and valuable consideration from the said OCEAN TOWERS DEVBLOPMBNT CORPORATION.
and MBLLON BANK. N.A.. receipt of which is hereby acknowledged, the said BRSKINE
FLORIDA PROPERTIES. INC.. a Florida corporation, as to an undivided one-half (1/2)
interest, and ERSKINB CONTRACTING CORPORATION. an Ohio corporation, as to an
undivided one-half (1/2) interest, do hereby subordinate the lien and the operation
of the said Mortgage made by OCEAN TOWBRS DEVELOPMENT CORPORATION to
ERSKINE FLORIDA PROPERTIES . INC a Florida corporation . as to an undivided one-
half (1/2) interest,, and BRSKINE CONTRACTING CORPORATION. an Ohio corpozation.
i
as to an undivided one-half (1/2) interest, to the Mortgage from OCEAN TOWERS
DBVBLOPMBNT CORPORATION tD MBLLON BANK. N .A . , dated August o~9 .1979 .
~ Sled August 30 , 1878, and recorded in Official Records Book
~~s'. Page ~/(~!5' . St.
Lucie County . Florida , Public Records, which Mortgage secures the sum of SIX
MILLION EIGHT HUNDRED ffiGHTY-NINE THOUSAND SEVEN HUNDRED and No/100
DOLLARS (iB , 888 , 700.00) . to the same extent as though said MELLON BANK, N .A .
Mortgage had been executed and recorded prior to the execution and recording of the
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aforesaid Mortgage from OCEAN TOWERS DEVELOPMENT CORPORATION, to BRSKINE
FLORIDA PROPBRTffiS. INC.. a Florida corporation, as to an undivided one-half (1/2)
i
interest, and BRSKINB CONTRACTING CORPORATION, an Ohio corporation. as to an
r.:
undivided one-half (1/2) interest.
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JQHN A. DARLSON. 9SR
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P. O. Bat 1316
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