BEAL BANK S.S.B.
This instrument prepared by:
, , American Acquisition Group, Inc.
! L ~ 5600 W. Mariner Street, Suite 104
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,-,Su.bordination of Encumbrance Corporate
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01-344020 OCT- 2-2001 1 ;24~
PINELLRS CO BK 11604 PG 1721
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SPACE ABOVE THIS LINE FOR RECORDING DATA=========~~=======~~~~~==~~~~~~==~~
SUBORDINATION OF ENCUMBERANCE
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Jb WHEREAS, Deal Bank. S.S. D. ("ENCUMBRANCER"), whose mailing address is 15770 N. Dallas
Parkway. Suite 300. Dallas. Texas 75248 , is the holder of certain rights and interest in the real property described
herein or attached hereto as Exhibit "A" (the "Property"), as well as other real property by virtue of a Mortgage
(the "Instrument"); dated the- 25th-dayufJune ,1998, and recorded in OfficralRecordsBook 10178, Page-
2128 and Official Records Book 10178 , Page 21530f!hePublic Records of Pin ell as County, Florida; and
WHEREAS, the CITY OF CLEARWATER, a Political Subdivision of the State of Florida, with its mailing
address being P.O. Box 4748, Clearwater, Florida 33758-4748, in connection with the Purchase of a 15' Utility
Easement of the Property for a valid county and public purpose has requested the Encumbrancer to Subordinate the
Encumbered Property from the operation and effect of the Instrument.
NOW, THEREFORE, in consideration ofthe foregoing and other good and valuable consideration to the
Encumbrancer in hand paid, the receipt of which is hereby acknowledged, the Encumbrancer does here by
Subordinate from the operation and effect ofthe Instrument and hereby joins in the Subordination ofEncumberance
in the following described real property located in Pinellas County, Florida, to wit:
See legal description identified as Exhibit "A" attached hereto.
Provided this subordination of encumberance shall not impair the effect of the Instrument on the remaining
part of the premises referenced therein, not hereby released therefrom, or any of the rights or remedies of the
Encumbrancer, or any subsequent holder or holders thereof.
IN WITNESS WHEfJ..EOF, the Encumbrancer has caused this Subordination of Encumberance to be duly
executed this the /7 day of .::r<<..(r ' ,2001.
Signed, sealed and delivered (CORPORATE SEAL)
in the presence of:. 8 Q.Q.. ( Ba.Lt {' S:S B
~ ~~~ation ~
..--_ BY: yi. ~
Witn~gnature ~ ~t1 f ~.J. President Signature , ,
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Printed Printed Name
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Witness )>ignature
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Printed Name ,. ,
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ATTEST:
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Secretary Signature
Printed Name
(Signature of two witnesses or secretary required by law)
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, The foregoing instrument was acknowledged before me this . /~y of ~ !.{..,1 ' 2001 by
vJr-Sdutmm Q.V\ n I ~(' V P (name and title of agent) of ge.a t gO.M,fc- ~> B , alC}(JcLS
corporation, on behalf of the corporation. Who is personally known to me r has produced
as identification. ~
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NOTARY PUBLIC Sigp.ature '. (
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Printed Name
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PINELLRS COUNTY FLR
OFF.REC>8K 11604 PG 1722
EXHIBIT "A"
[Page 1 of 2]
LEGAL DESCRIPTION
A Utility Easement encumberina the West fifteen feet (15') of, the
followina described Darcel of land beina situate in the NE 1/4 of Section
16, TownshiD 29 South, Ranae 15 East, Clearwater, Pinellas County, Fl.
Oak Cove, a Commercial Condominium
c:tentlominium Plat Book 102, Paae92
From an "X" in the concrete walk at the S. W. Corner of the intersection of
Pierce Street and Osceola Avenue .in Section 16, Township 29 South, Range 15
East, Clearwater, Pinellas County, Florida; run South 148.20 feet for a POINT OF
BEGINNING; thence continue South along the westerly right of way line of
Osceola Avenue (See Deed Book 1344, Page 9, Public Records of Pinellas
County, Florida) 135.56 feet; run thence S. 89034'00" W., 572.20 feet; run
thence NW'ly along a curve to the right of 980 feet radius (also being the
easterly right of way of Pierce Boulevard established by Court Order 5-12-75),
(chord bearing N. 10011'37" W., Chord distance 134.29 feet), 134.40 feet; run
thence S. 89015'30" E., 596.00 feet to the POINT OF BEGINNING.
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Containing 78,050 square feet, or 1.792 Acres, M. O. L.
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EXHIBIT "A"
[Page 2 of 2]
Scale 1 II == 1001
This is not a survey
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PIERCE
OAK COVE
PINEllAS
Off.REC.8K COUNTY flA,
- .- 1 1804 PG 1723
STREET
CONDO. 210
102-92
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COURT
STREET
CITY OF CLEARWATER, FLORIDA
PUBLIC WORKS ADMINISTRATION
ENGINEERING
ORAMH BY
D. KING
15' UTILITY EASEMENT
OAK COVE CONDOMINIUM
210 S. OSCEOLA A VENUE
PLAT BOOK 102 PAGE 92
OiEO<m BY
E.B.
OAr<
OS/23/2001
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