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SbQ~(~ 22060600
SU60RDINATION AGkEEMENT ~
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KNOW ALL MEN BY TNESE PRESENTS, that the certaln mortgage and indebted- ~
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ness sec~ ed thereby executed by John B. ~man and Sandra P. Lyman ,
dated, ~2~3~~79 , recorded 1n 0. R, Book 3~3 ~ Page o~~~ ,
of the public records of sc. Lucie County, Florida, to
John Lyman, sr, Mortgagee, encumbering
the following descrlbed real property sltuate in st. Lucie County,
Florida to wit: '
lot 11, Block t637, PORT ST. LUCIE,SECTION FIVE, according ~
to the plat thereof as recorded in Plat Book 12, Pages SA ~
through 5E of the public records of St. lucie County,Florida.
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AT the request of the mortgagor and in consideration of ~10.00 and other
good and valuable con siderations, inuring to the undersigned, the undersigned
being the owner and holder of said mortgage does hereby subordlnate the lien
and operatton and effect of the abovesaid mortgage, to the lien and operatlon
• and effect af that certain mortgage and indebtedness secured thereby executed
by John 6. Lyman and Sandra P. Lyman to CI7IZENS FEDERAL SAVINGS & LOAN ASSOCIA-
TI N OF ST. LUCIE C UNT , un er the date of March t8, t982, recorded in 0. R.
Book , Page of the publlc recor~s of st. Lucie County,
Flor a, securing t e sum of ~ 44,ooo.oa , toget er N t a addltlonal a
and future advances made thereun er, an encumber ng the above-descr9bed real ~
property; and the undersigned hereby subordinates i~s saicitnartgage s~1d }
mortgage of Citizens Federai as if the said mortgage of Citizens Federal had ~
been signed and recorded prior to and in advance of the mortgage held by the 4
undersigned. i
IN WITNESS WHEREOF the underslgned has executed this Subordlnation
' Agreement thi s. t 8 th day of Ma rch , 198? .
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E Signed, Sealed and delivered
~ in the Presence of: -
j , ~ f ~ 3
~ ~ ~ (S EAL ) :
~ o n L man, Sr. '
~ ~ . ~ (SEAL)
~ STATE OF FLORIDA
COUNTY OF sT. LUCIE
I NERE6Y CERTIFY that on this day, before me, an officer duly authorized
in the State aforesaid and in the County aforesaid to take acknowledgements,
personally appeared, JOHN LYMAN, sR. -
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~ to me known to be the persons described 1n and who executed the foregoing
~ instrument and that he acknowledged before~me that he executed the
~ same.
~ MJITNESS my hand and official seal in the County and State last aforesaid
4 this 18 th day of r~arch , 19 82 . ~~umt~~,;,,,
~ ~-MAR 23 P~! 2~ 38 ~ L~~ , ~
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~,n otary I'ub c ` ~ :
~ ~W~ 51 i~l.Cf
~ct.v~~.~~tr. $tdtE 0f F/..f_-~~f3 rj
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R(~GER 1'~I'~:.ti . . :
CLERKCIRCtili CC~:r• . ~
• ~D' ~ -
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~ My Con-mi ssion Expi r•es .,~~'~"y~~°t?''~ Florida at Larqe
~ ° ~'?-~~'s'bct.29.1983
~ ~ ~'~'eo bi 1~ar~uw F~d'S C~~whr Co:p~ry
~ Th1s Instrument Pr~~E~a~•~~~I g~K3~ PAGE ~7~•,