HomeMy WebLinkAbout0785 6-069141 - FLbRIDA
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R~LF~ASE AND DISCHARGE OF AGREEMENm N(7T TO ENCUI~C~ttE~ (~t TRi?NSFF.Ft PROPF~TY
WHEREAS~ D. S. Tucker (deaeased) and Flor~ce Tucker executed an Agreement
Not to Encw~ber or Transfer Propert~ dated the 15th ds~r of March, 1958~ a$
Borror~ers, to th~e Induatrial National Bank of Miami (hereinsfter callad Bank) as
an inducement to sa.id B~nk to ~rant credit to said Borroxers by purcha~ing fro:?
Mi.ani Ventilated Avnings of Ft. Y.suderdale, Inc., (~erain~ter called dealer)
that certain pramissory Note signed by said Borrcraers on March 24~ 195g, ~ the
sum c~f ~946.l,k; and,
WH~.'~tEAS' said Agreea~ent Not to Encwnber oa~ Transfer Property rras recorded
in the Office of the Clerk ~f the Circuit Court af St. Lucie County~ Florida, on
March 26, 1956, in Deed Book No. 236' Page ltb6~ as C~erk File No. 650(X~; and~
'r~'H~.KEAS, said Agree~nt Not to Encumber or Transfer Propertq was ~;iven on
the folloKi.x~ described property situate in the County o~ St. Lucie in the State
of ~larida, t~o wit:
Lot 17 Less w. 920,50 Ft, st. Lucie County
Maravilla Garden~ S/b Uixit 1, Plat Book 6~
Page 55;
ands
WHF,'REASi said Agresment Not to En~cumber or Transfer Property ~ras assigned to ,
the United States of America in connection ~rith a transactian insured and the
loss thereon paid Uy th~ Federal Housing Commissioner gursuant to the prwis~ons
of Title T of the National. Housing Aat~ as a~asr~ded~ by an Assignment daterl
December 21~ 1959i and re~orded in the aforesaid O2'fice an ~ebrn~ 23, i96o, in
Deed Book 256~ Pages 158-159, as C~,Prk Fi1e Na. $2817 and record.ed in Asaignment
of Mor~gage Book 1lt~ Pages ~t~~-1t6~ as Clerk File No. $2817;
'~14iFREAS, an affer has been macie ax~d aacepted by the Federal Housing Co~s~
sioner in ~he amount of $50~A0 for a release of the property her~ein,abave described
frnm the lien of the aforesaid Agreement Nat to Encurnber or Trar.sfer Frop~rty.
NOi~, THERE~"O~E~ ?n conaiderauion of the foregoi.ng and for the sum of $50.00,
Which sum is to h~e received by the ux~ersi~ed prior to or upon the delivery af
.,his z~eleases and the receipt of xhich is therefore hereby a~knaWledged' Is the
undersigned~ do hereby release all of the aforemention~d property from the lien of
said Agreexyent Not to Encumber or Trans.fer Property,
~~~~1~.9 ~.8~"