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HomeMy WebLinkAbout1812 . ~ . , ~ ~ ~~~43~~ PARTIAL RELEASE AND SUPPLEMEidT TO MORTGAGE 'r / THIS PARTIAL RELEASE AND SUPPLEMENT TO MORTGAG~, made this 29th day of April , 1970, be- tween PLASTICS SPECIALTIES MANUFACTURING GORPORATION, ~ a corporation with of£ices in Fort Pierce, St. ~ucie ; } County, Florida, which is hereinafter and in the Mort- ~ ~ gage hereby supplemented was referred to as "Mortgagor", ? and SMALL BUSINESS ADMINISTRATION, as servicing agent . for Economic Development Rdministration, Miami, Florida, which, together with its successors and assigns, is here- ~ inafter. and in said Mortgage was referred to as "Mortgagee"; ; W I T N E S S~ T H: ~ ~ WHEREAS, Mcrtgagor mortgaged unto Mortgagee ~ ~ by Mortgage dated February 17, 1965 and recorded i:~ Official i Record Book 112 at Page ~5 of the Circuit Court Clerk's Of- fice at St. Lucie County, Florida, the real and personal pro- £ perty described therein, in said Mortgage and herein referred ~ i ~ ~ to as the "mortgaged property", which Mortgage was executed ; C ~ and delivered to Mortgagee to secure the payment o£ a certat n : ~ Note dated February 17, 1965 in the amount oP $217,750.00 ~ ' bearing interest as therein provided and paysble in monthly ; I t ~ t ~ installments; an3 ~ f ~ WHEREAS, Mortgagee and Mortgagor have agreed ~ ~ ~ to the release and replacement o£ certain of the equipment ~ ~ ~ ~ ~ covered by the lien of said Mortgage. ~ ~ ~ : ~ NOW, THEREFORE, in consideration of Mortgagee's 4 } E ~ agreement to release certain equipment, hereinafter described, ' , ~ ~ . ~ a ~ ~ ~ 3 ~ ~ ~ t ~ ~~Vi1 1 i