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~e''E'.~8~ NORTH B'EACH DEVELOPMENP COMPANY, a Florida corpora~ion,
and NORTH~ BEACH WATTR COMPANY,
I by Indenture o~ JKortduje bearinj date the 29th day o~ ,
necember D.1967 , arid reoorded in~ tli.e o~Zoe o~ the Cle~k o~ the ~
CYrcu~t Court ~n and ~or the County o~ St . Lucie , State o~ FTorrda,
~n Mtg. Book #169 _ Pa~e 2553 , jranted anai Qonveyed unto
ST. LUCIE COUNTY BANK, a Florida corporation having Trust Powers,
as Trustee, and oddi~7u,
the pram.i~aea ther~n part~oula~ly deaoribed, to aeoura the payment o~ the sum of
~ £IGHT AUNDRED TWENTY-SEVEN THOUSANH ($827,000.00) - dollari,
with interest oa therein mentioned:
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' And Wher~eae the eaid NORTH SEACH DEVELOPMENP COMPANY
~ and NORTH BEACH WATER COMPANY
requeated th6 sa~d ST. LUCIE COUNTY BANK, as Trustee
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to release the ptem~sea hereina~ter deaoribed, beln~ par~ of said mort~aged
premises, from the dien and operntion of aaid JKort~a~6:
Now, Ther~efor~e, Know Y~, T~,at t~i.e acua sT. LUCIE COUNTY sAxic,
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aa well in conaideration of tha premisea as o1 the aum of
'o ~ TEN ($10 . 00 ) dollaTB, to it
a in hand paid by the Said NORTH BEACH DEVELOPMEI~ COMPANY :
~ and NORTH BEACH WATER COMPANY,
a~ j ut ths ts~ne of the executwn hereof, the receipt wliereol ~
~ is hereby acknowledged, does remise, reieoaa, quit-oiairra, exonernte and dischar~e
frorr~ the lien and operntion o~ said mort~a~e unto the aaid NORTH BBACH
DEVELOPMEI~ COMPANY, and NORTH ~ACH WATER COMPANY
a N heira and asai~na, oii that piece, parcel or tract
of land, being a part of the premiaes conveyed by said mort~a~e, to-wit: ~
a.3 Commencing at the 1/4 corner on.the south line of Section 36-34-40, St ;
Lucie County , Florida, run north alon the east line of Government Lot -i
i ~ 1, Section 36, a distance of 1344.35 ~eet to the north R/W of Fort
~ ~ Pierce Inlet, thence run westerly along aforesaid north R/W a distance
~ of 91.53 feet to the west R/wT of Atlantic Beach Boulevard and the
~ P.O.B.; thence continue west along the north R/'W of Fort Pierce Inlet
a distance of 125.0 feet; thence run northwesterly parallel to the wes
~ R/W of Atlantic Beach Boulevard a distance of 250.0 feet; thence run
! east and parallel to Fort Pierce Inlet a distance of 125.0 feet to the
west R/W of Atlantic Beach Boulevard; thence run southeasterly along `
H cg ~ said west R/W a distance of 250.0 feet to the P.O.B.
j(Said property being mor•e fully described on that certain survey pre-
f pared by James L. Beindorf & Associates annexed hereto).
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~ TO ~BVe and to Hold the 8ame, tuith the appurtenances, unto the said ;
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~ and aasigna forever, freed, e~onerated and dischar~ed o~ and f~orrz the lien of aaid
' mort~a~e, and ever~ part thereof; Provided, aiuxiys, neaertheiesa, that nothin~ here-
~ in contained shall in anbwise imposr, alter or dim,inish the ej~'ect,lien or incu~rcbmnaa +
; of the aforesaid Mortga~e on th.e remaining part of said mort~a~ed premises, not ~
~ he~eby released therefrom, or any o~ the ri~hts and remedie8 01 the holdet.ther~of. '
1 C88 ~~lel'e0 the aaid Mort a ee has hereunto set ~,ts :
In ~P tn f, ~ g f:_ .
~ hand and seal th,is day of 1968
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Si~l, 3eaied and Delivered in Preeence of: ST . LU r..
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Vic esident & shier . , . : '
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' 600K~~~ FA~E~~ •
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