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SLI~ORDINATION AG~
~ '7~78601
S[JBORl~INA~ION AG~Jf executed this 8th day of August, 1986,
by I~BFR`F M. llA~PAD?P AND MARG~.T A. Ll~'PAD?P, Hi.s Wife
WHEREAS, wxler the date of the 3rd day of May , 1985 , a mortgage
was ~iven by NFAL C. PETRI, a Single Man to I~BERT M. U~'TAD~f AND MARGARLT
A. QAF~MSPADT, His Wife, which Mortgage was dated the 3~rd Day of I~ay, 1985 and
rec~ed on the 9th day of May, 1985, in Official Reoord Book 463, at Pag~e
2923, of the Public ~r~3s of Martin Cau~ty, F1Qrida, and which Martgage
oorverg the follawing described real property;
Lot 3, IDIIV'S a S~.ibdivision, accarding to the Plat thereof,
as rec.ro~~ in Plat Book 23, at Page 14, of the Public Rec:ords of
Martin Cau~ty, Flatida.
FIRST ATI.ANPIC IN~RTG~ CORPORATION has ac,~reed to make a
Nbrtgage Loan to I~'AL C. PEPRI AND Fi06SELLA S. PE.TRI, His Wife in the ama.u~t of
$112 ~ 000 . 00 hPxe].ik~f tP,r G3110d the "N2w Nbl:tqd9e" cavering the real property
descxibed above, grwid+ed the abave menti,oned martgage is subordinated; and
NOW T~iORE in oorLSideration of TEN ($10.00 ) DOI~L~ARS and other good and
valuable cansic~eration F~JBERT M. ~'TADm AND M~IRGAKET A. UARrbTADT, Hi.s Wife
by this instrunent subordinarites it Nbrtgage and said Martgage is inferior
, and subordinated to the "New Martgage", which 'New Martgage" is recox~ded under
Clerk's File No. of the Public Records of Martin County, Florida.
IN WIZ~VESS W~JOF, The Nbrtgagee ha~ caused this instnin~nt to be
e~cecuted in its n~ne .
} O~ .
~
F.F1T M.
, G[ • L.L
A. IaAEiMSPADT
STATE OF FIARID,A
: CO(JIJPY OF MA~PIN
Ly
F.
~
t Befare me, persanally a~peared ROBERT M. IaARMS'TAIn AI~ID I~RC~'r A.
r
' AA~'TAD?r, His Wife, who ac}anvwledged before me that they did si~n ar~d seal
~
~ the foregoing i.nstnment for the pn~~oses therein expressed, on this 8th Day
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of l~ugust , 1986 . ~.~~s~
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