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HomeMy WebLinkAbout2970 ~ ~ / ~ _ , p~' PARCEL NO. 102.2-R SECTION 94001-2412 • STATE ROAD 9(I-95) SUDORDIi~An`ION OI' UTILITY IN'1'ERrSTS COUNTY St. Lucie _ FAP N0. I-95-2(34)111 TIIIS AGREEr1L•'NT, entered into this day of 19,7c~,, by and between the STATE OF FLO12ID11 DEPARTMENT OF TRANS- PORTATION, hereinafter called Department, and FLORIDA POWER AND LIGHT COMPANY , hereinafter called Company. W I T N E S S E T H: i WHEREAS, the Company presently has~an interest in Certain ~ lands that have been determined necessary for highway purposes; and WHEREAS, the proposed use .of these lands for highway purposes will require subordination of the interest claimed in such lands by Company to the Department; and WHEREAS, the Department is willing to pay to have the Company's facilities relocated if necessary to prevent conflict between the facilities so that .the benefits. of each may be retained. NOW, THEREFORE, in consideration of the mutual covenants and promises of the parties hereto, Company and Department agree as follows: Company subordinates any and all of its interests in the E lands described in Exhibit "A", attached hereto and made a part hereof, to the interest of the Department, its successors, or assigns, for the purpose of constructing, improving, maintaining and operating a road over, through, upon, and/or across such lands, x including but not limited to the claim of interest based on the following: Nature of ; Date ; From or ; In Favor of ; Recorded Encumbrance Against ; Book Page ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ t ~ ~ ~ ~ ~ t ~ SEE SCHE~iJLE "C" ATfiACHED HERETO AN~ MADE A PART HEREO~. _ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ DEPARTMENT OF TRANSPORTATION V~.?~~1317 N. E. 4th AVENUE nR r~' i-~ FORT LAUDERDALE, FLA. 33304 30~KJ~V PdC~~~~ /~~d~~'/Ti SEi'ZTie