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PARTIAL RELEASE OF MORTGAGES
KNOW ALL MEN BY THESE PRESENTS:
1. WHEREAS, ROYAL AMERICAN INDUSTRIES. INC., a Delaware
corporation authori$ed to dobusiness in the State of Florida, is the present
owner and holder of certain mortgagea and debts secured thereby. as shown
by a certain a~ssignment of Mortgages dated October 30, 1963, ~rom T. J.
McPartland, Jr. , as Trustee of "The Edwin Binney Heira' Trust" to the
said ROYAL AMERICAN INDUSTRIES. INC., recorded in Official Record
Book ?4, Page 204, Public Re~orda of St. Lucie County, Florida;
2. WHEREAS, said mortgages and debts secured thereby are
~dentified and more fully described in a certain Mortgage Extension and
Assumption Agreement, hereinafter called "the Binney Mortgages, " dated
February 1, 1957, recorded in Mortgage Book 134, Pages 197 et seq.,
Public Records of St. Lucie County, Florida; and
3. WHEREAS, GRUMIatAN AIRCRAFT ENGINEERING CORFORATION,
a New York corporation, has purchased a portion of the mortgaged premises
and requested the said ROYAL AMERICAN INDUSTRiES, INC., to release
the premises hereinafter described from the lien and operation of said
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mortgages,
~ NOW, THEREFORE, KNOW YE, That the said ROYAL AMERICAN
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INDUSTRIES. INC., as weil~ in consideration of the premises as of the aum
of Ten Dollars ($10.00) and other good and valuable considerations to it
paid by the said GRUMMAN AIRCRAFT ENGINEERING CORPORATION ,`s
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at the time of the execution hereof, the receipt whereof is hereby acknowledged,
does remise, r~=ease, quit-claim, exonerate and discharge from the lien
and operation of those mortgages known as the Binney Mortgages and more
s
fully described in Paragraph 2 hereof, unto the said GRUMMAN AIRCRAFT
ENGTNEERING CORPORATION, its successors and assigns, those tracts
, or parcels of land being a part of the premises conveyed by said mortgages,
to-wit: • `
~ Ttti{ l:~~i-,:~~_~.t Y1.:s : r~j ;
~ M~. D. CA':`:.'t:.'F=e.F~. J~t., Att:7ra~y
1001 Park A:cn~,;e
~ Lake Park, fiorida
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