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SUBORDINATION AGRBEMBNT
TAIS SUBORDINATION AGR8BM8NT executed the ~day of
, 1984 by BMILY MAY PEBD BBACOH in favor of FIRST
CITIZB FEDERAL SAVINGS AND LOAN ASSOCIATION OF ST. LUCIB
COUNTY.
WAER$AS Emi•Zy May Peed Beacom, the owner aad holder of
that certain Mortgage and indebtedness secured thereby executed
by JOHN BDGAR SHERRARD under date of May 1, 1979 and recorded in
Of.ficial Records Book 308, Pag~ 2 of the Public Records of St.
Lucie County, Florida, havirig been modified by l~iortgage Modi- •
fication Agreement dated April 24, 1981 and recorded in Official
Records_ Book 355 at Page 2781 of-the Public Records of St. Lucie
County, Florida, encumbering the real property situate in St.
Lucie County, Florida and described as follows:
Lots 13, 14 and 15, Block 2 of a subdivision of
McHullen's Plat of Lots 2~, 3,~4, and 5, Block I~, ~
according to the Plat thereof as recorded in Plat
Book 4, Page 13 of the Public Records of St. Lucie
County, Florida.
` at the request of FIRST CITIZENS FEDERAI. SADINGS AND LOAN
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` ASSOCIATION OF ST. LUCIE COUNTY and in consideration of the sum
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` of $10.00 and other v.aluable consideration inuring to the under-
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~ signed from FIRST CITIZBNS FEDBRAI. SAVINGS AND LOAN ASSOCIATION
~ OF ST. LUCIE COUNTY does hereby subordinate the lien and oper-
~ a~tion of said Mortgage and Mortgage Modification Agreement to
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~ the lien and operation of that certain Mortgage and indebtedness .
secured thereby and executed by JOHN EDGAR SflERRARD in favor of
FIRST CITIZENS FEDERAL SAVINGS AND LOAN ASSOCIATION OF ST. LUCIE
~ COUNTY under date of , 1984, recorded in Official
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Records Book , Page ~ of the Public Records of
St. Lucie County, Florida securing the sum of $328,000.00 and
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~ encumbering the above-described property in the same manner and
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~ effect as if said Mortgage had been dated and filed in the Public
Records prior to and in advance of the Mortgage held by the under-
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600K 431 PAGE ~O
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