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P A R T I A L R E L E A S E O F M O R T G A C E
KNOW ALL \+1E;~i BY THESE PRESENTS:
WHEREAS . SLM DEVELOPMENT CORPORATION a Florida Corporation ,
mortgagor . by Indenture of Mortgage bearing date the Second day of October. A. D.
1972, and recorded in the office of the Clerk of the Circuit Court in and for the
County of St. Lucie, State of Florida. in Official Records Book 206. page 2617,
mortgaged unto BERT A. BETTS , ROY B. DAVIS , JR ROBERT M. GREEN .
LUTHER H. HODGES , LAWRENCE F. LEE . JR JAMES B. McINTOSH .
ARTHUR W. MILAA4 , JACK H. QUARITIUS . FREDERICK H. SCHROEDER. t
N. C. SLADE , JR and JOH1~I W. YORK . as Trustees of FIDELITY MORTGAGE IN- 3
VESTORS, a hlassachusetts business trust, under Declaration of Trust dated
May 29, 1969, and assigns, mortgagee, the premises therein particularly described,
to secure the payment of the sum of ONE MILLION , TWO HUNDRED AND FORTY-FIVE
THOUSAND DOLLARS AND NO/ 100. with interest as therein mentioned;
AND WHEREAS , the said SLh4 DEVELOPMENT CORPORATION has re- '
quested the said BERT A. BETTS , ROY B. DAVIS . 3R ROBERT M. GREEN ,
LUTHER H. HODGES , LAW RENC~ F. LEE , JR JAMES B. McINTOSH ,
ARTHUR W. MILAM , JACK H. QUAFiTIUS . FREDERICK H. SCHROEDER ,
N. C. SLADE , JR and JOHN W. YORK , as Trustees of FIDELITY MORTGAGE IN-
VESTORS, a Massachusetts business trust, under Declaration of Trust dated
May 29 . 1969 , to release the premises hereinafter described ,-being part of said
mortgage premises, from the lien and operation of said Mortgage:
NOW THEREFORE: KNOW YE . That the said BERT A. BETTS ,
ROY B. DAVIS , J R., ROBERT \~i . GREEN , LUTHER H. HODGES , LAWRENCE F. LEE , JR
JAMES B. ricINTOSH , ARTHUR W. MILAI~4 , JACK H, QUARITIUS ,
FREDERICK H. SCHROEDER, N. C. SLADE , J R., and JOHN W. YORK , as Trustees of
FIDELITY I4iORTGAGE INVESTORS. a Massachusetts business trust, under Declaration
of Trust dated May 29, 1969. as well in considerafion of the premises of the principal
sum of Twenty-Eight thousand Five Hundred and no/100--------------------
$28, 500. 00 . , to it paid by the said SLM DEVELOPMENT
I CORPORATION at the time of the execution hereof, the receipt whereof is hereby
( acknowledged. does remise, release, quit-claim, exonerate and discharge from the
` lien and operation of said mortgage unto the said SLM DEVELOPA4ENT CORPORATION ,
~ their heirs and assigns, all that piece, parcel or tract of land being a part of the
E premises conveyed by said mortgage, to-wit:
Apartment (s) B'g
, LA ENTRADA DEL hiAR ,
a Condominium. according to the Declaration
of Condominium, dated December 30, 1972, ~
filed for record November 6. 1973 in O. R.
~ Book 220, page 174? of the Public Records of
St . Lucie County , Florida , and re-recorded
in O.R. Book 220, page 2192 of the Public Re-
cords of St . Lucie County . Florida , together
~ with all of its appurtenances according to the
~ :
~ Declaration . ,
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~ TO HAVE AND TO HOLD the same, with the appurtenances, unto the
~ said SL114 DEVELOPMENT CORPORATION , heirs and assigns forever , freed , ex-
~ onerated and discharged of and from the lien of said mortgage, and every part
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~ - thereof; Provided always, nevertheless, that nothing herein contained shall in
~ anywise impair, alter or diminish the effect, lien or incumbrance of the afore-
~ said ~tortgage on the remaining part of said mortgage premises not hereby re-
leased therefrom , or any of the rights and remedies of the holdei- thereof .
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