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HomeMy WebLinkAbout1197 ~J 484879 ~ SUBORDINATION ACRE'E24EN'P t i PARTIES d~ THIS AGRF.EI~IFNT is made this ~ 7t day of Anri 1,1980, between R. Z.A.M., INC., a Florida corporation,_ELDRED G. MILLER of St. Lucie County, Florida, and BARBER II,~ER COMPANY, INC. of St. Lucie County, Florida. PROPER'T'Y DESCRIPTION WHEREAS, FRANK TYRPE[Q,, widower of MARY P. TYRPEKL, deceased, joined by his wife, HELL TYRPlCFEL, by Warranty Deeds dated the 23rd day of August, 1979 and recorded in the Public Records of St. Lucie County, Florida in Official Records Book 315, page 386 and Official Records Book 315, page 387 oln August 23, 1979, granted and conveyed unto R.Z.A.M., INC., a Florida Corporation and its assigns, all right, title, and interest in certain real property located in St. Lucie County, Florida, more particularly described as: . Parcel ~ 1 From the Point-of Beginning, being the Southwest corner of Tract D-1, Taylor Subdivision, as recorded in Platbook 9, Page 12, Public Records of St. Lucie County, Florida, go North 17005'00" West, 186.38 feet; thence go East 261.39 feet; thence go South. 00033'00" East, 80.0 feet; thence go go along the Northerly Right-of-Way of Chamberlin Boulevard as shown on the aforementioned Tay~or Subdivision Plat, having a chord bearing of South 64 40'23" West, and a chord distance of 229.46 feet to the Point-of Beginning. All lying and situate in St. Lucie County, Florida, also being known as the Westerly 261.39 feet of Tract D-1, of the afore- mentioned Taylor Subdivision. Parcel ~ 2 From a point of reference, being the Northwe.St corner of Tract D-1, Taylor Subdivision, as recorded in Platbook 9, Page 12, Public Records of St. Lucie County, Florida, go East 261.39 feet to the Point-of-Beginning; thane go North 00 33'00" West, 259.86 feet; thence go North 85 39'00" East, 134.75 feet; thence go South 15 49'30" East, 221.0 feet; thence go along the Northerly Right-of-Way of Chamberlin Boulevard as shown on the aforementioned Taylor Subdivision Plat, having a chord bearing of South 73°21'15" West, and a chord distance of 200.54 feet; thence go North 00°33'00" West, 80.0 feet to the Point-of-Beginning. All lying and situate in St. Lucie County, Florida. SENIOR MDR'PGAGE AND WHEREAS, the above-recited real property was encumbered by a third imrtgage given and `executed by R. Z.A.M., INC., a Florida corporation to ELDRED G. MILLER dated March 4, 1980, and recorded as aforesaid in the public ~ records of St, Lucie County, Florida in Official Records Book 3?_7 at Page 2 148 on March 1 8 1980, to secure the payment of the principal sum of $50,000.00 which said mortgage is presently secured upon the said premises; LAW OFFICES HARVIN AND BOWER, P.A., STUART PLAZA, SUITE 2~2. 1St COLORADOAVE., STU~sACcRT~, 73Nt, TELEPHONE: tS03)-~-KJO BQ<~e3c~Q P,t6f~~ v ..r