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~ SU~30RDINATION AGREEMENT
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{ This agreement made this~~°C
day of ~ 1964
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~ between JIM B. DIAMOND an~i DUROTHY L. DIAr10ND~ his wife, parties
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f og th~ first part, and LILLIAN C. BRUNEid~ unremarri~d w~dow of
; John W. Brunen deceased hereinafter desi nated
; , ~ .g party of ~he
~ s~cond part a and THE • TNDIAN RIVER CITRUS BANK, her~ai.naf~.er
~ design~~ed~as party of the third part, and JIMAlI~ R. DIAMOND,
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~ ~/k/a JIMMY R. DIAMOND, and RUTN DIAMOND, his wife~ hereinafter
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, designated as parties of the fourth part~ ~
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t ~ WITNESSETN: ;
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1. WHEREAS, parties of the first part executed a mortgage ~
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~ on the t7th day of Novembex 1960 and rec~rded on the 17th day of
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: November 1960, in Mortg~$e Boak 159, at page 681, aherein JO[iN f
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?j W. BRUNEiv and LILLIAN C. BRUNEN, hi§ wife,.~~rere mortgagees, and ~
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~ ahich said mortgage encumbers, inter alia, the following described ~
` real property, situate~ ly~.ng and being ~n St. Lu~is County= ~
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Florida: . ~ ~
~ ~ ~ That art of the South 125 feet of Lvt 3 f W' ~
p o alliam
: ~Carlsan's Subdivision ~s per plat thereo£ recorded ~
~~in Plat Baok 3, at paga 24, St.~Lucie County re~ords,
, ~:lying West of.Ridgehaven Road, 2ess and except the
West 852.27 feet thereof. ~ ~
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~ 2. WH~REAS~ the pa°operty de~cribed in paragraph one hereof ;
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~ is noN owned in fee simple absolute by the parties of the fourth ~
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~ part, and ,
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~ - 3. WHEREAS, the said party of the third pa~rt is about to ~
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~ rece~ve and accept from the parties af tna ~~~rt~~yart a ro.~go~~ '
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€ encumbering the proparty des~ribed i,n paragraph one hareof, Nhi~h
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~ said mortgage bsars the date the ~day of 1964~ ~nd
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' which said mertgaga secures a promissory note made payable ta
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1`HE INDIAN RIVER CITRUS BANK~ party of the third part h~rain, in ~
~ the sum of ~6,500.00= and ~
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# d. WHEREAS, tha mortgage fro~n the parties of the fourth
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~ part ta the party of the third part ~hall be a first lien on the
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a uw ovF~cas . .
~ re~i property described in p~ragraph ona hereof. ~
r C4RME~IU3 Y. WALKER
~ ~ LA1fRENCE W. ~+c NOM, THEREFORE, in consideration of the premises snd to
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' YERO itACH. FL01110A
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