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HomeMy WebLinkAbout2733 _ ~~,~~5 ; ~ s P A R T I A L R E L E A S E O F M O R T G A G E • ~ ' ~ V KNOW ALL MEN BY THESE PRESENTS: WHEREAS, SLM DEVELOPMTsNT 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 Of$cial Records Book 206, page 261~, ; mortgaged unto BERT A. BETTS , ROY B. DAVIS , JR ROBERT M. GRESN , LUTHER H. HODGES , LAWRENCfi F. LEE , JR JAMES B. McINTOSH , ARTHUR W. MILAM, JACK H. QUARITIUS FREDERICK H. SC~-IROEDER, N. C. SLADE . JR and JOHN W. YORK , as Trustees of FIDELITY MORTGAGT IN- - 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 NIILLION , TWO HUNDRED AND FORTY-FIVE THOUSAND DOLLARS AND NO/ 100 , with interest as therein mentioned; AND WHEREAS , the said SLM DEVEL• OPMENT CORPORATION has re- uested the said BERT A.~ETTS , ROY B. DAVIS , JR ROBERT M. GREEN , q LUTHER H. HODGES , LAWRENCE F. LEE , JR JAMTS B. McINTOSH , ARTHUR W. MILAM, JACK H. QUARITIUS , FREDfiRICK H. SCHROEDER, t N. C. SLADE , JR and JOHN W. YORK , as Trustees of FIDELITY MORTGAGE I~i- 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 THEREFQRE: KNOW YE, That the said BERT A. BETTS. ROY B. DAVIS , JR ROEERT M. GREEN , LUTHER H. HODGES , LAWRENCE F. LEE, JR JAMES B. McINTOSH , A~tTHUR W. MILAM , JACK H. QUARITIUS , FREDERICK H. SCHROED~R, N.C . SLADE , JR and JOHN W. YORK, as Trustees of FIDELITY MORTGAGE INVESTORS, a Massachusetts business trust, under Declaration of Trust dated May 29, 1~69, as well in consideration of the premises of the principal sum of Thirty Thousand Three Hundred Ninety and 5'0/ 100--------- , _ _ _ _ _ _ _ _ _ , to it paid by the said SLM DE~ELOPMENT . j CORPORATION at the time of the execution hereof , the receipt whereof is hereby j 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) D'2 _ , LA ENTRADA DEL MAR , . a Condominium, according to the Declaration of Condominium, dated December 30, 1972, filed for record November 6, 1973 in O.R. Book 220, page 1747 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 . - ~ ~ 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 always , nevertheless , that 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- ~ le~sed therefrom , or any of the rights and remedies of the holder thereof . ~ ~ goox2~33 ~~~'?3i - - - ~ t ~ ~ ~ ~ ~ ~ ` ;r y . ~ . ~ Y._ ~