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HomeMy WebLinkAbout0322 r 'Y~ No. 5 i35 588 D~D OF PARTI.~I, RII,EASE 1656U$ ?J~~tEAS, ALTO ADAI•S and CARRA ADANLS, his Wife, executed a certain Mortgage unto TH~: PRllL~_~iTIAL INSI~tANCE COtdPANY Or AMFRICA~ a corporation of t.he State of Nex Jersey~ dated June 22~ 1955s to secure p~yment of FOt~t HinmRED THOUSAND AND NO/100 - (~400 000.00) - DOLLARS,, recorded in SL. Lucie County~ Florida, i.n Mortgage Book 117, Page ~79, and a certain Mortgage betxeei: ALTO ADAI~S and CARFtA ADAt~S, his ~rife~ AI,TO ADAi'iS, JR. and DORO~iY S. AL`AMS, his xife~ and 74~1E PRUDF?~fIAL IlVS~ktANC~ CQ~iP4NY OF 4,`~tICA~ a corporation of the State of NeW Jersey~ dated December 26~ 1958~ to secure pa~yment of even date therexi.th, in the swn of T1v0 HUNDRI~~ SIRTY THOUSr1N~ AND NO/100- ($260,000.00)-~OI,LARS, Recorded in St. Lucie Gounty Florida in Mortgage Book 151~ Page lat2~ re-recorded in Mortgage Book 153~ Page 17~~ vhi.ch said t4ortga~;es Nere Con- solidated by Agreement dated December 26~ 1958, recorded in Mortgage Book 151, Page 41~?, Public Records oP St. Lucfe County~ Florida; I~iortgage dated Jul,y 5~ 1463~ re- ~.o corded in Official Records Book 66, ?age 26~ made by ADAPLS RANCH, INC.~ a Florida N o corporation, and ALTO AD~2tS, JR. and D(~r~,t)'1':~Y S. AD~S, his jrife, recorded in St. Lucie u Co~nty~ Florida~ Whi.ch said Mortgage Was Consolidated by Agreement dated July 5~ 1963, o a recorded in Official Records Book 66~ Page 31; tSortga~e dated January 7~ 1964~ re- o ~ corded in Off^3.cial Records Book 78, Page ~25~ ~hich sa3d Mortgage was Consolidated by cq••+ Agreement dated January 7, 1964, recorded in Official Records Book ?8~ Page 530, St. . p~ Lucie County, ~'lorida.; and a Mortgage dated June 9, 1965 from Adams Ranch, Inc. x~•~ and recorded in O.R.Book 120, page 102 and consolidated by Agreement dated • o une 10, NO:~J TI~REFORE, KNQR1 AI,L ?~N H~C THESE PR~r'aTTS, that said TI~ P~UDFidTIAL INSTJP.~NCF COt~PA*!P OF Ai~.:ICA, for va2uab].e considerati.on unto it pai.d at the e~oecution ~ and delivery hereof, the receipt ~ereof is hereb3r acknoWledged~ has rem~fsed~ released w a. and quit-claimed, and by these presents does remise~ release and quit-claim unto the Owner or Os,mers thereof, the follo~dng described real property, begin in the County ~ o of St. Lucie and State of F],crida, to irit: O cK U v. c~ A parcel of land 208 feet by 258 t'eet lying and being in Section To~ shi. South Ran e 38 ~ast St. Lucie Count F"lorida and mare articu- ~_o ~ P~ s b' ~ Y~ a P ~ ~ larly described as folloKS: ~ a~ Comm~eencing at the intersection of the South line of the Northeast one- ~ av~ quarter (NE'~~ of Section 5, ~Pownship 36 South, Range 38 ~ast~ St. Lucie a+~ w\ County, ;~'lorida and the Tn'est rignt-of-t,ray line of Canal C-2!t (a w~rks of ~ the Central and Southern Florida Flood Control District), as noW laid out and in use; tzence Westerly~ along the South line of the ;dortheast one- quarter (NE~~ of said Section 5~ a distance of 100 feet~ nore or Iess~ to a point on a line lying 100.00 feet j~'est of, ~en measured at right an~es, and parallel ~i.th the j7est right of Way line of sai.d Cana1 C-2!t (and the point of beg3.nning); thence Ilortherly~ alon~ the said parallel line~ a distance of 208.00 feet '.o a point; thence jniesterly~ parallel irith t~he SouLh line of the Northeast one-quarter (NFr,~ of said Section 5, a distance of 208.00 feet to a p^int; thence Southerly, parallel frith the ~Jest ri~nt of xay line of said Canal C-24, a distance of 208.00 feet to a point on the South line of the ;Iortheast one-auarter {l~q) ot said Section 5; thence continue Southerly, along the sazne course, a distance of 50 feet, more or less~ to a point on a line lying 50.00 feet South of, When measured at ri~ht an;les~ and parallel t~rith the South line of the i~tortheast one-~uarter ;:J'~'~-~ of said Sectivn 5; thence ~asterly ?1~ng the said ~ara11e1 line, a distance of 208.0p feet to a point on a line lying 100.00 feet '.:est of, when r~easured at right ang~es, and parallel ~i.th the iJest right oi Hay line of ' said Canal C-21~; the.~ce :tortherly, along the said parallel line~ a distance ; of 50 feet, *~ore or less, to tne point of beginning. Said parcel containing 1.23 acres, more or less. . a;~'D A strip of land 24 feet in i,~.dth in Section 5~ '~ownship 36 Souvh, : ange 38 ; ~ 3ast~ St. Lucie Co•anty~ Florida, to be used as ingres~ and e^ress to S~,ib- s station Site, and the operation and maintenance of one or rao: e electrical ~ distribution lines, more particularly described as follot~rs: ~ The :~est 20 feet of the ~ast 100 fee~, lying i:est of, parallel and adjacent to the ~1est right of x~y line of Ca.*~al C-21t (a works of the Central and Southern r'lorida I~'lood Control District) as now laid out a~d in use. Bounded on the South by tne North rignt of way line of Okeechobee ?oad and on the i~orth by a 2ine wnich is 208 feet North of the East ;~lest one-quarter line of said Section 5. H. R. PAHCOASTI=841 l[TIA~I RD. P JAC OHVILLE. F'LA. 800K~~~ PAGE ~ ~s - ~ ~i'i~ ~ea'~ Y.Y'vi.....4~.... - _ . ~ - ~ - ' _ . _ .x_-e+'~='sy~'"+'~'"s'~v"~J~,.sTi~'~-~J