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HomeMy WebLinkAbout1720 • / cX T ' ' n / Y~ P A R T I A L R E L E A S E O F M O R T G A G E ~~8~y~ ~ KNOW ALL MEN BY THESE PRESENTS: WHEREAS, SI,M DEVELOPMENT CORPORATION a Flarida 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 261?, f mortgaged unto BERT A. BETTS , ROY B. DAVIS , JR ROBERT M. GREEN , ~ LUTHER H. HODGES , LAW RENCE F. LEE . JR JAMES B. McINTOSH , ARTHUR W. MILAM , JACK H. QUARITIUS , FREDERICK H. SCHROEDER . N. C. SLADE , JR and JOHN W. YORK, as Trustees of FIDELITY MORTGAGE Ii~J- VESTORS. a Massachusetts 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 ANI3 FORTY-FIVE ~ THOUSAND DOLLARS AND NO/ 100 . with interest as therein mentioned; AND WHEREAS, the said SLM DEVELOPMENT CORPORATION has re- quested the said BERT A. BETTS . ROY B. DAVIS , JR ROBERT M. GREEN , LUTHER H. HODGES ; LAWRENCE F. LEE , JR JAMES B. McINTOSH . _ ARTHUR W. MILAM , JACK H. QUARITIUS , 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 , JR ROBERT M. GREEN , LUTHER H. HODGES , LAWRENCE F. LEE , JR JAMES B. McINTOSH . ARTHUR W. MILAM , JACK H. QUARITIUS , ~ FREDERICK H. SCHROEDER , N. C. SLADE , JR and JOHN W. YORK, as Trustees of FIDELITY MORTGAGE INVESTORS, a Massachusetts business trust, ~lnder Declaration of Trust dated May 29. 1969, as well in consideration of the premises of the principal sum of Twentv-Nine Thousand Fonr Hundred Forty and 50/ 100 - $29, 440. 50 , to it paid by the said SLM DEVELOPMENT CORPORATIOLV 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 DEVELOPMENT CORPORATION. ~ their heirs and assigns, all that piece, parcel or tract of land being a part of the ; premises conveyed by said mortgage, to-wit: ` Apartment (s) B-12 ; ~ , LA ENTRADA DEL A4AR , a Condominium, according to the Declaration ' • of Condominium, dated December 30, 1972, filed for record November 6, 1973 in O.R. Book 220, page 1?4? 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 . ~ ~ c~ ~ ~ TO HAVE AND TO HOLD the same, with the appurtenances, unto the ~ said SLM DEVELOPMENT CORPORATION , heirs and assigns forever, freed, ex= onerated and discharged of and from the lien of said mortgage, and every part thereof; Provided alwa~rs . nevertheless , fhat nothing herein contained shall in anywise impair, alter or diminish the effect, lien or incumbrance of the afore- said Mortgage on the remaining part of said mortgage premises not hereby re- leased therefrom, or any of the rights and remedies of the holder thereof. UR eoo~2'~ Nac~17?Q ~ - =r~~~-~- ~ - - _ _ _ _ ~ ° ~ u- ~ ~ ~ : ~ _ ~e.~~'~~.~:~* . - _ "`r'-~~~.