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Zl . 0 �5 <br /> 23 - UTL . 02 - 06 / 93 <br /> This instrument prepared Parcel No . 105 . 3R <br /> under the direction of : Item/ Segment No . 2285832 <br /> Dawn Raduano , Esq . Section No . 88010 - 2503 <br /> Legal description prepared by : Managing District : 04 <br /> Denise M . Alexander ( 5 - 26 - 05 ) S . R . No . 5 ( U . S . 1 ) <br /> Department of Transportation County : Indian River <br /> 3400 W . Commercial Boulevard <br /> Ft . Lauderdale , Florida 33309 <br /> SUBORDINATION OF UTILITY INTERESTS <br /> THIS AGREEMENT , entered into by and between the STATE OF FLORIDA <br /> DEPARTMENT OF TRANSPORTATION , hereinafter called the FDOT , and <br /> INDIAN RIVER COUNTY , FLORIDA , a Political Subdivision of the State of <br /> Florida , hereinafter called the COUNTY . <br /> W I T N E S S E T H : <br /> WHEREAS , the COUNTY presently has an interest in certain lands <br /> that have been determined necessary for highway purposes ; and <br /> WHEREAS , the proposed use of these lands for highway purposes will <br /> require subordination of the interest claimed in such lands by the <br /> COUNTY to the FDOT ; and <br /> WHEREAS , the FDOT is willing to pay to have the COUNTY ' S <br /> facilities relocated if necessary to prevent conflict between the <br /> facilities so that the benefits of each may be retained . <br /> NOW , THEREFORE , in consideration of the mutual covenants and <br /> promises of the parties hereto , COUNTY and FDOT agree as follows : <br /> COUNTY subordinates to the interest of FDOT its successors and <br /> assigns , any and all of its interest in the lands as follows , viz : <br /> Parcel No , 105 Item/ Segment No . 2285832 <br /> ( Section No . 88010 - 2503 ) <br /> A portion of the Northeast '/, of Section 31 , Township 33 South , Range <br /> 40 East , Indian River County , Florida , being more particularly <br /> described as follows : <br /> Commence at a found PK nail marking the East '/, Corner of said Section <br /> 31 ; thence North 89 ° 37125 " West along the South line of said Northeast <br /> '/4 , a distance of 1 , 466 . 04 feet to a point on the Easterly Existing <br /> Right of Way line for State Road 5 ( U . S . 1 ) as shown on the Florida <br /> Department of Transportation Right of Way Map for Section 88010 - 2503 <br /> and the POINT OF BEGINNING ; thence North 19055125 " West along said <br /> Easterly Existing Right of Way line , a distance of 103 . 67 feet ; thence <br /> Continued <br />