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RAMCO FORM 41 ~
PARTIAL 11[1.iASE Of MORTOAG[ ~~Q~ ~
I~r C011~OI~ATiON1 ~v~.i
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~inolv ~11 ~en ~hese ~resents:
WHEREAS, B.D•B. Development Corp,, a Florida corporation , mo~t9a9or ,
by Indenture of Mort~a9s bea~in~ dats ths 4 th day of June , A.D. 19 7 3,
and r~oord~d in ths office oF the Clerk of the Grcuit Cou~t in and for the i.ouniy of St . LuCie .
Stato of Florida, in OHicia) Records Book 21 S , Pa9e 817 ~ , mo~tga9ed unto Hous iIIg
Investment Corporation of Florida, a Florida corporation andass~y?u.
mortgagee , the premises therein pa~ticula~ly described, to secure the paymenl of the sum of Ot1e Mi 11 ion
Nine Hundred Thausand and 00/100 (~1,900,000.00)--------------~~~rs,
with interest as therein mentwned:
* and re-recorded at O.R, Book 216, Page 1.
AND WHEREAS, thesaid B.D.B. Development Corp.-------------------~-~ ~
reyues~ed ~he said Housing Investment Corporation of Floridaro release the premises
1~ereinaker deuribed, bein9 paA oF said morfgaged premisas, from fhe lien and ope~stion of said Mo~tgage:
NOW THERffORE; KNOW YE, That the said Housing Investment Corporation of Florid
as wel) in considsration oi the oremises as oF tha sum of
FORTY-SEVEN THOUSAND NINE HUNDRED TWENTY AND 00/100---------~'"s-toit
paid by rhe sa~d B. D, B. Development Corp .
at the time of ths execution hereof, the receipt whereof is he~eby adcnowled9ed, does remise, release. 4uit-
daim, exonerate and discharge f~om the I'ien and operation of said mortgage uMo +he said
B.D . B. Development Corp . h°in and ass'9~s'
all that piece, parcel or trad of land, being a part of the premises oonveyed by said mat9ag°, to-wit:
Unit E of Tract 3 of VILLA DEL SOL, INC., a condominium, according
to the Plat thereof recorded in Condominium Book 1, Pages 1, and
according to the Declaration of Condominium as recorded in O.R.
Book 182, Page 1323, of the Public Records of St. Lucie County,
Florida, as amended and supplemented of record,,together with an
undivided share in the common elements appurtenant thereto.
This release further releases the above described property from
the lien of Security Agreement (UCC-1 Form) recorded in O.R.
Book 215, at Page 843.
i TO HAVE AND TO HOLD the sams, with ths appurienances, unto the said
~ B. D. B. Develop ment Corp he~rs and assi9~s forever, freed,
; exonerated and disd~arged of and irom ths (ien of said mortgage, and every part thereof; Provided always,
~ nevertheless, that nothing herein contained shall in anywise impair, alter or d'iminish ths effed, lien or incum-
~ brance of the aforesaid Mortgage on the rsmaining part of said mortga9ed premises not h~reby ,jreleas~d
therefrom, or any of the rights and remedies of the holder thereof. _
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IN WITNESS WHEREOF, rhe sa~d Housing Investment Corporation of ~~o~3~a. ;
~ has caused these preseMs to be executed in its name, and its oarporate seal to be hereunto':aKix~d, by, ifs
proper oHice~s thereunto duly authorized, this 1 St day of August ~~'/l.D' 19~4,'. _
Signed, sealed and deliver in the presence of: ~(,Cdrporafe Stal) ~
~ Housing Investment ~
t.
j~ ~i Corporati of F1 _da.
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L~.~-~~----.. ...w-~ ~ By ` . _ . .'..t ~ ~ _
. . V
2~~8 HLEG ` ~E~''~Y•~ • President.
St. lt, _ ~ .JUt~~?S~ l
~ ~ ~'i~ r,1tlRT ttested by . _ _ _ _ _ . _
_ ~te uf Florida c ~ ~ _ _
~ p c , . . ~ , c Q '~~.L(J . ' .
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~ (~iu~mtq uf Dade ~G ~5 46 Otto Regalado, ~Assi~~ant Secretary
~ ~~Ierrbp (Certif~, that on this day, befwe me, ao office~ duly authorized in the State and County aforosaid lo taks
acknowledgemen~s, personally appeared D. J. Breighner and Otto Regalado
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~ well known to me to be the V7C@ President and Assi stant Secretary respectively of Ihs corporation
~ partially releasing fhe morlgage described in the Foregoing instrumsnl, snd that thsy severally atknowledged executing the
same in the presence o( two subscribing witnesses freely and vduntaril~? under aulhority duly vesied in them by said corpo-
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~ ration and that the seal affixed therofo is the true corporate sesl of said corporation.
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~ ~iht¢ss my hand and oificial seal in the County and State last aForesaid this ~ S~ day ef••..: August,~.a ~9 74
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7%fis lus~nu~riir~ pr~prtre~/ !y: , _ ' W; .G: Cerso~imor = i
My Comm. ~xp~Twgs:, 3=~6.
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" O R ' .
BOOK~O PALf 25~ ,
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