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SUBOFtt~INA`I'ION AGItEEMEN'1' ~
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KNOW ALL 1VIEN I3Y THESE PItESEN'rS that The Trustees of Livingston ~
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Mission Fund, under the will of C. O. Livingston, deceased, the owners ~
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and holders of that certain Mortgage and Refunding Bond and the indebted- }
n~ss secui•ed ttlei•eby, eYecuted by '1'HE COMMUNITY ME~I'fIODIST CHURCH,
' INCORPOI~,ATED, a corporation not for profit under the law of Florida, ?
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unc~er date of October 5, 1953, recorded ia Mortgage Book 163, page
381, St. Lucie County, Florida, public records, encumbering real pro- _
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perty situate in St. Lucie County, Florida, as follows: ' ~
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Begin at the southeast corner of Lot 8 in PALMER 'I ERRACE ~
SU~DIVISION as in Plat Book 3, at page 86, of the St. Lucie ~
County, Florida ~ublic records; thence turn and run North-
westerly along the northeasterly boundary of said Lot 8 and ~
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an extension thereof a distance of 175 feet; thence turn and `
run southwesterly parallel witt~ ~tate Road No. 70 a distance
of 85 feet; thence turn and run southeasterly parallel ~vith the ~
said tiortheasterly boundary of Lot 8, a distance of 175 feet
to the northwesterly bouridary of said State Road No, 70; ;t
thence turn and run northeasterly along said boundary 85 ~
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feet to point of begir?ning. #
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At the request of said mortgagors and in consideration of the sum of Ten ;
(~10. 00) Dollars and other valuab le considerations inuring to the under-
signed from First Federal Savings and Loan t'~ssociation of Fort Pieree,
do hereby subordinate the lien and operation of said Mortgage and Refunding
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Bond to the lien and operation of that~ mc,rtgage , and the indebtedness secured
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_ thereby executed by the said mortgagors to FIRST FEDERAL SAVINGS AND ~
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~ : LOAN ASSOCIATION OF FORT PIERCE UI1C~2I~ d~te of January 3, 1966, re- '
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corded in Official Record Book 136, page 164, St. Lucie County, Florida, ~
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public records, securing the sum of ~100, 000. 00, atid encumbering the ~
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~ above described real property, in the same manner and effect as if said mort- i
gage had been dated and filed for public record prior to and in advance of the
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go~x 1~~ 4 ~0 ~
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