HomeMy WebLinkAbout1933 i:
~ I)
~ • i:
. il
!i
~I
~
` 'i
C~ ~ PRLTD~~T~ ~U~t~Vt;~ ~~ANY OF At~i.~ti,CA~ is ~he owner an3
I)
I
. holcler of the ~ollaWing descr3bed not~s and mortgages~ f,o-w3t:
3. A certain note execu~ed by Joseph A. Rosa~.i.a and Andree I~i. Rosa]3a~
hia xife~ Robert R. Dyberg and J~annette R. Dybergt hie ~rifei esnd Kenneth D,
~ Kient.h and I,auise A. Kienth~ his trl.fe, dated Aec~nber 15~ 1960 in the original
~ pr~.neipal. a~aunt of $2+5~000.00~ xith interest, ~ich note ia secured by Q
~ mor~gage of even dat~ therefrith eaoecuted by said parties' recorded in Mor~gage f
, Boa~it 170~ Page 703, in the of~3.ce of ~he Clerk of the Circuit Court of St.
~ I3ucie Co~untyt Fl.orida; .
~ Mortgage fran A. Worl,ey ~ratinl and Mary Lau Br~m~ his xife~ J. Hyatt
Bro~an, a single man; Ch~rl~es R. Sexton and Eleanor G. Sextarii his ~rife~ and
( D~le L,, Talbert, Jr. and Uoroth`y A. Talbert~ his wife~ to ~e Prudential ;
i Y
{ Insurance Canpar~y of ~nerica~ and to be recorded in the of"Pice c,f the C1erk
~ of the Circu3t Caurt of St. Lucie Caunty~ Florida~ to aecure the stan of
~39,000.00;
~ W~S~ the Pas-ties o~ the Second ~art have entered into an Agr~nent
xith said ~e Prudential Insurance Ccmpa~y of ~n~rica by ~ich the afore~
.
i~ described mortgages have been cansolidated~ coordinated and modified to {
t
I constitute a first mortgage~ and~
± WHEREELS~ the Parties o~ th~ first Part, upan request of the P~rties of
1,
the Second Part, do hereby agree to aubordinate a11 a3.ens oP the mortga~es
i~ a~oredescribed as itens 1~nd 2 hereof to the 13en of the mortgages held by
~
~e Prude~tis~7. Insurance Camgal~y o~ ~nerica aud described as itena 3 and 4 ~
l~ ,
hereof. I
NOW ~iE1ZFF01~~ ~3.s Indenture Witnesset.h: Zhat t~e undersigned, for and
~
i;
I~ ~!.n consideration of the a~eanent of the parties of the first gart to
~ consolidate, coordinate and subordinate s~i.d mortgages as aforesa3d, and in
~i
ftu~ther consideration of t,he s~ of ~en Dollars and other valuabl,e considexati s
!
i~ to each of the undersigned paid by tdle said parties of the secand part at or
be~ore t~e enseal3ng and delivery of these presents~ the receipt Whereo~ is
j~ hereby ackno~rledged f it i.s hereby crnrenanted and a~eed ~o as fo]1aWS t
k
` ~I~ FTRST; Rhe a~oresaid t~o mortgages described as itc~ns 1 and 2 are hereby
~ i~ made coorciinate and e+qual and are hereby ccmbined and co;~s4li.dated~ so that
` together they coa~stituts in law aad in equity but oa~e mor°tgage~ a aingle valid
lien ~ the prenisea here3nbef'ore referred to~ ~r1.th t2~e ssms ef~ect as
tha~agh the~r Were one mortgage; aad that the premises hereinbefore referred to
i ar~ sub~ect to the para~nount lien of such crosoliclated mort~ages and are to
stand as ~ecurity? ~or the payment thereof aad the lien of the mortgage recited .
in ite~ 1 hsreo~ is here'by spread to enc~ber a~nd becane a lien upo~n t?ne
additional lands referred to in the moxtgage referred to in item 2 her~of ~
and it is agreed that the presnises referred to in the mort~age referred to in
item 2 hereaf are and ~khal7. contrive to be sub~ect to the lten oY said t~ro
mortgages as hereby ccuisoliclated xith fhe saaae force and ef~'ect as thavgk~ the
descriptic~ fherein caritained had been initial]y end original~y included ixi ~
the descripti~ of the mortgage recited in it~ 1 hereof; that the e~ntire {
premises as descri.bed in the mortgage ~efera~ed to in item 2 hereof ase sub3ect j
to the paraanount ]ien of se~id car?so]3dated mortgages and are to staad as ~
security for the p~ytaent of the debt secured thereby. ~
~
E
8~~~ ~.~38 ~.~7 4
3