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SUBORDINATION AGREE~4:NT
KNOjJ ALL r~N BY THESE PRESENTS that NORMAN BRODER~ the owner
and holder of that certain mortgage and the indebtedness secured
thereby, executed by LENARD'S, INC., under date of February 13,
1981, recorded in 0, R. Book 348, page 1956, of the Public Records
of St. Lucie County, Florida, encumbering real property situate
in St. Lucie County, Florida. as follows:
The 'vJest 1/2 of the Southwest 1/4 of the South-
west 1/4 of the Vorthwest 1/4 and the ~dest 99
feet of the East 1/2 af the South~aest 1/4 of the
Southwest 1/4 of the Northwest 1/4,. less road
r~~ht ~f wavj Se~rion ~; T~T,mchin ~S Sc~uth;
Ran~e 40 East, St. Lucie County, Florida.
at the request of said mortgagor and in consideration of Ten and
no/100 Dollars ($10.00) and other valuable considerations inuring
to the undersigned from LENARD'S, INC., does 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 mortgagor to SllN BANK OF ST. LUCIE CQUNTY under the date
of , recorded in 0. F. Book-~~, at page
~, t. Lucie County, Florida, Public Records~ securing the
sum o $li, 606.76 and encumbering the above described real propert~~,
ir~ thn comn m~nno~ •~rr~ n~Fnnt ~~ i f c~i rl mnrtn~~n h~~ hna~n r~atn~ anr~
ia• a...... ...u:..... .. ......_ .... ..._~a...a. ....i i~. .,.~a... .....~...~..~.. ._.~.... ........... ,..........,.~ .~...~
filed for public record prior to and in advance of the mortga~e held
b~ the undersigned c~hich is hereby subordinated.
IN WITNESS [+THEREOF, I have hereunto fixed my han~ and seal
thi s~oth day of ; iarch , 19 81.
Signed, sealed and delivered
in the presence of:
~
~
~ } - t (SEAL)
orman Bro er
~
I HEREBY CERTIFY that on this da~, before~me, an officer duly
authorized in the State and County aforesai~ to take ackno~vled~ments~
personally appeared i10Ri~1AI1 BFODER, to me known to be the person des-
cribed in and who executed the foregoing instrument and he ackno~a-
ledged before me that he executed the same.
WITNESS my
afar,es~aid th? s
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Thie~~~+irt~~~trumen t
Spencer B. Gilbert
P. 0. Box 3388
Fort Pierce, Fl 33454
hand and official seal in the County and State last
Zoth day of 2`arch , 1931. ~ .
.
Notarv Public,~State of Floric~
at Large. (I
My co~nission expires:
.
~~ NC?, c.v r~_-!:C s-~,c ~-yc ~,CSf~n .1: _•~,:~
prepared by : 3~ r..; ~~ ~.... , _ . , _. . ~ : ~ ;
1981 ~~hn 24 ~~? ~ 51 E~:~;.~ ,~::.~ _ ,._.". ,,,~, ~.._.,..,:.,..,~
i1~~C~~M:4~~_(•~f:~
ST. LtiG~F ( ~.;1~ ; ~!. ! ; ,1
RCGER pOt i't :`.~
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bu~ ~~ t~u~E ~i
J1H1G Vr I'LVKlUH~
COUNTY OF ST. LUCIE.