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HomeMy WebLinkAbout1099 f } ~ ; . . ~sssss ~ RELEASE OF MORTGAGE • WHEREAS, KDI Electro-Tec Corp., a Dela~are corporation, ; ~ocated at 1600 North Main Street, Blacksburg, Virginia, granted ~ and conveyed unto The First National Bank of Cincinnati, Ohio, as Agent, a national banking association organized under the laws of the United States of America, located at Fourth and Walnut Streets, Cincinnati, Ohio, a Mortgage Deed dated April 5, 1971, and recorded in the Office of the Clerk of the Circuit ~ Court for the County of St. Lucie, Florida, at Book 191, page • 0 1320, to secure the payment of certain Certificates of Indebted- ~ c.. ness executed by KDI Corporation and issued under a Court Order ~ a of March 26, 1971 to the extent of $150,000.00; ~ AND WHEREAS, KDI Electro-Tec Corp. is desirous of having ~ ~ the premises released from the lien and opetati~ of the said c s~ r- _ ° N Mortgage Deed; u, m ~ NOW, THEREFORE, The First National Bank of Cincinnati, o as Agent, for good and lawful consideration, receipt of which is ~3 O ~ hereby acknowledged, does hereby release, remise, quit-claim, ~ ~ - ~ o ~ b~ exonerate and discharge the said mortgage on the following des- a c cribed real property in St. Lucie County, Florida, to wit: ~ ~ t~ •.a The South 660 feet of the North 1682 feet of ` Block 4, according to Plat of THE ALAN WILSON ~ GROVE on file in Plat Book 12, at page 50 of ' the public records of St. Lucie County, Florida, the same compzising Laterals numbered ~ ~ 4 and 5 as shown on the Plat prepared by Blue ~ Goose Growers, Inc. by Beindorf & Damerow, - ~ Consulting Engineers, Vero Beach, Florida, ~ dated March 10, 1966, containing by approximation " 38.84 acres. StIBJECT to Operating and Marketinq Agreements. between grantors and Blue Goose Growers, Inc., ~ of record in O.R. Books 91 and 137 pages 449 and 529, St. Lucie County, Florida public records. ` TOGETHER with all of the right, title and ~ interest of qrantors in and to the St. Lucie ~ Mutual Water Company, a non-profit cooperative ~ association under the laws of the State of ~ Florida insofar as the same is applicable to ~ ~ ~ ~ . aooK~~i ~i~7 ~ _ ~ - s ~ . ~ j