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SUBORDINATION AGREF.MENT ~
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KNOW ALL MEN BY THESS PRESENTS: t
THAT Dorothie R. Henley, the awner aad holder of that certain mortgage from 1
Micahel J. 8aas, and the note~secured thereby dated S/24/82, recorded in Official
Records Book 377, page 850 through 852, inclusive, Public Records of St. Lucie ;l
County, Florida; and encumbering the fallowing described property, to-wit: ~
Lot 1, Block 1255. PORT ST. LUCIE, SECTION 1~TENTY. accordinst to the Plat thereof,
recorded in the Office of the Clerk af the Circuit ~ourt in and for St. Lucie .
County, Florida, in Plat Book 13, page 21, public records
~ for and in Consideration of the sum of Ten and No/100 Dollars and other good ~
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and valuable considerations in hand paid, the receipt of which is hereby ~
acknoWledged does hereby declare that the lien of the above described mortgage
shall henceforth and forever be sub3ect, subordinate and inferior at all times
to the lien of that certain mortgage held by First National Bank and Trust
Company of Stuart, Stuart, Florida, a national banking associatiaci, dated
Aiarch 18, 1983 , recorded under Clerk's File $(0 0~~J b 0 ,
of the Public Records of St. Lucie County, Florida, and which encumbers the
above described prbperty.
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The undersigned hereby specifically agree that the above described mortgage is
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and shall be prior in lien and superior in right and dignity at all times to the
mortgage held by the unders~gned.
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IN WITNESS WHEREOF, the undersigned has hereunto set her hand and seal this
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~ 15th day of March, A. D. 1983.
,
E Signed, sealed and delivered in the ~
€ p nce of: Dorothie R. He~nley
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~ _ ~ ~ t483 t~AR 30 P~ ~ 21 _ '
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5 State of ~C ~ tU Fx C,~C~1t' cC~~:.?
~ County of ~ ~~prr~s ,
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~ ' I REREBY CERTIPY that on this day, before me, an officer duly authorized in the
~ State aforesaid and in the County aforesaid to talce acknowledgements, personally
: appea~~d llU80THIE R. HENLEY~, to me kno~,m to be tt~e person describe in and who
: exq~~l~r~ foregoing instrument and he ackno~ledged before me that he executed
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- ~ 6$1ip~:~rahd~ and o~ficial seal in the County and State last aforesaid this•
- ~ .~~y_ of 2~rc~, A. D. 1983. .
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b ~ ' r~~ ~ ' ' , , . ~ ~ff-.l- ~-i..d-t-
! ~ . r- ~ : , . ~ - ; I A NO ARY PUBLIC IN THE STATE OF Florida
; . . .
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= j'~ AND MY I N EXPIRES ON
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~ r~:~~,:c; ; ; : . f;;.tiDA Ai {,11f1~
~ T~115 INSTFUMENT PREPARED BY +~`Y L.•••~~~IS~I~.a': LY+4:S L~ ~
- JUDITN B ROWEIL. ASST V P ~•j_yr",.1,~..,;,,~ v:ti~~ }..Ss ~ji~w~~
('ll F:I.~i:.~ 7'ITI.R fi (:1" 1KA\7'Y - -
- P. O BO7[ 1152. STUART, FL 7i49e .
AS A NECESSARV IHCtDENT 70 T~1E
~ FULFtLLMENT OF CONDITIONS CON ~
TAINED IN A TITLL INSVRANCE ,
GOMMITMEHT ISSVED BY ~T !
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