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HomeMy WebLinkAbout0001 • : PARCEL N0. 108.2 / SECTION 94001-2b14 ~ 4~'~''~92 ~ STAT$ ROAD 4(I 95) • COUNTY St. Lucie SUi1nRDINATION nr l:T7L~I'PY IN7'I:RI.STS I''~ NO. QI-952(35)]21 Z`IIIS AGRLL•'t•~L:NT, uttered into this o?/XdC day of 19~, by and bet~•reut the SZ'ATC OF FLORIDA DEPARTDIENZ' OF TRANS- PORTATION, hereinafter called Department, and FLORIDA POWER AND LIGHT COMPANY - ~ hereinafter called Company. W I T N E S S E T N: 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 ~ c~ such lands by Company to the Department; and ~ zo ~ w a ~ WHEREAS, the Department is willing to pay to have the Q a ~ a z ~ Com any's facilities relocated if necessary to pre•~ent conflict ~yz~p cn P m ~ ~`L between the facilities so that the benefits, of each may be z v ~ o ~ retained. _ w _ ` ~ ~az~ a ~ = n g ~ a NOW, THEREFORE, in consideration of the mutual covenants ~ ~w O ' ? a ~ and p~a:nises of the parties hereto, Company and Department agree ;n o ~ ~ ~ as follows Company subordinates any and all of its interests in the 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, including but not limited to the claim of interest based on the following: !vatare of ; Dute From or In Favor of Recorded ~ Encumi~raitce ; Against ; F3ook Page 1 1 1 1 1 R/Id Agreement ; 3-16-65 dank of Palm Bc1~,.Florida Panzer k D.B. 113 -321 1 Trust Compaay,~ Light Campa=~y ~ 1 • ~ has Trustee ; ; Easement Assignment; 3-12-65 inter Altos, ; " D.B. 113 -324 1 IT„C~ 1 1 1 1"' 1 1 1 1 1 1 EPARTMENT OF TRANSPORTATION 1317 h. E. 4th AVENUE BOiK~ ;~~~t ~ FORT LAUDERDALE, FLA. 33304