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HomeMy WebLinkAbout1079 - . 493'703 23071861 SUBORD1NATlON AGREEMENT KNOW ALL MEN BY THESE PRESENTS that MARVIN E. MELTON the owners and holders of that certain tfwrtgage and the indebtedness secured thereby, executed by DEL STROUPE and VERNON R. STEFFENS March 12 80 O' R' 327 1417 , under date of , 19 ,recorded in a Book page St . Lucie County, Florida, public records, encumbering real property situate in St. Lucie County, Florida, as follows That part of Tract "A", MELTON'S-RIVERVIEW SUBDIVISION, as per plat thereof on file inPlat Book 9, page 43, of the public records of St. Lucie County, Florida, more particularly described as follows: Start at the NW corner of said Tract "A" and run N 90° E along the~North property line of said Tract "A", a distance of 162.00 feet to the point of beginning: Thence continue to run N 90° E a distance of 167.08 feet to the Westerly R/W of U. S. Highway No. 1 as layed out•and now in use, thence run Southeasterly along said R/W being a curve of Radius •3650.49 feet a distance of 83.00 feet, thence run S 74°59'13" W a distance of 197.97 feet, thence run N 2°04'17" W a distance of 129.11 feet to the Point of Beginning: Being Parcel 3 of an unrecorded survey of said Tract "A". At the request of said mortgagors and in consideration of the sum of Ten (10.00) Dollars and other valuable considerations inuring to the undersigned from First Federal Savings and Loan Association of Fort Pierce, do hereby subordinate the lien and operation of said mortgage to the lien and operation of that certain mortgage, and the indebtedness secured thereby executed by the said mortgagors to FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE under date of June 2, 80 ~ O.R. 334 675 _ , 19 ,recorded in ~+k , at page St . Lucie County, Florida, public records, securing the sum of s 72.000.00 ,and encumbering the above described ~ real property, in the same manner and effect as if said mortgage had been dated and filed for public record prior to and ~ in advance of the mortgage held by the undersigned which is hereby subordinated . IN WITNESS WHEREOF, we have hereunto fixed our hands and seals this day of July ~ 1~0 Signed, sealed deliver - in the p~ce of: _ ~ - EAL ' Marvin E . Me lto~~ ~ _ rrw SEAL) STATE OF FLORIDA _ ~ _ ~ ~~T~/j,-:,, ~ , . c- COUNTY OF 6 ,//~-~-i ~ u~~,'~ L•: h~~:v: E 41/~y?.[ e N .;~=;v I I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State afo~~~l ,M ,..County MARVIN E. MELTON aforesaid to take acknowledgments, personally appeared ~ ~~g' to me known to be the persons desuibod in and who executed the foregoing instrument and they ackeiowledged before me that they executed the same. i WITNESS my hand and offical seal in the County and State last aforesaid this~~ day of- July A.D. 19 80 493'!03 • Notary Public•in and for State and County aforesaid. I~ ,Ali. 23 AM ~ 05 r~. My Commission expires: RETURN TO: Notary public, Florida, State at Large FIRST FEDERAL SAVINGS i LOAN ASSN s ~ R A P ~ ~ My Commi$sian Expires Oct, g,19g3 FORT PIERCE, FLORIDA t~Etiii i~ttlt ~ra~e ABEL - . t _ RECORDI1ERIftE i ~c~35 P~E10~3 -