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HomeMy WebLinkAbout0142 ~~ SUBORDINATION AGREEMENT ~7 ~~08 KNOW ALL MEN 8Y THESE PRESENTS, that the certain mortgage and indebtedness secured thereby executed by 1010 Seaway ar., Inc., a F1. CPrp. dated October 5, 1976 , recorded in O.R. eook 282 , Page 301 , of the Public Records of St. Lucie County, Florida to Joseph J. Smart Mortgagee, encumberinq the following described real property situated in St. Lucie County, F'lorida to wit: SEE ATTACHED: At the request of the mortgagor and in consideration of $10.00 and other good and valuable considerations inuring to the undersigned, the undersigned being the owner and holder of said mortgage does hereby subordinate the lien and operation and effect of the abovesaid mortgage, to the lien and operation and effect of that certain mortgage and ~~ration indebtedness secured thereby executed by 1010 Seaway Drive, inc. , A Florida to SUN BANK OF ST. LUCIE COUNTY, under the date of ~ecember 3, 1980 , recorded in O.R. Book 344 , paye 1115-111~ of the Public Records of st. Lucie County, E'lorida, securing the sum of $ So,i92.69 , together with all additional and future advances made thereunder, and encumbering the above-described real property; and the undersigned hereby subordinates its said mortgage to said mortgage of SUN BANK OF ST. LUCIE COUNTY as if the said mortgage of SUN BANK OF ST. LUCIE COUNTY had been signed a~d recorded prior to and in advance of the mortgage held by the undersigned. IN WITNESS WHEREOF the undersigned h s execu ed this Subordination Agreement, this ~p day of ,~i~~,.r~.t/v , 1980. Signed, sealed and delivered in the sence of: -~ ~ ~ ._. ~ ,~ ~` ~~~ ~- ' ~~~;;,-~ ~ STATE OF COUNTY OF Florida St. Lucie ~ ,~ ~, • ~~ } ~SEAL) . v (SEAL) I HEREBY CERTIPY that on this day, before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared JOSEPH J. SMART ~o me known to by the persons described in and who executed the foregoing instrument and that he acknowledged to and before me that he executed the same. WITNESS my hand and official seal aforesaid this ~~day of December in the County and State last , 1980. , ~ .".... _ ; ` ; -,~ ;•:.,~ ~ / .• :• , . No ary: ~ ~: ! ' , a state ~ :1!Io~3dat at,~arge .~ ; My com~s~l~ii~' ~lXpi~,~e.s: ~ ~ ,J ~ •.` .`\ - + ~ ' S'r 24 1982 ~0~(c~rJ '`1~!-,~~lbl~:f~e~;es .,c.~ ~ . ,,. ~... P:CE 1~~ ~ , . ., _ -- .~e~~~