HomeMy WebLinkAbout0418 ;~~:0~•7 11I,!. 'R::N [~Y TIlI::~I: I'!'I:Sl:',JTS: j~,~84JrJ v .
L•1tIi:P.G.1S, L•'OI~P l'1l:1:Cf: C~:1 ;'iRUC'Pr~)*] Cn~tPOI'~1Ttnl~, ~ rlori~l.z Cor~~~~rat.ic,»,
,nortgayur, Vy Inclenturc of ~1ort~a~~c anc l Securit y J1c
3rcemcnt clatcd the 30th
clay of May, A.U. 1972, and recordecl in the office of t}1(: Clerk of Circuit
Court in and Eor the !'ounty of St. I,ucie, State of Florida, on June 19, 19~2,
in O~ficial Records 13aok 203 pa~~es 1332-1338 inclusive, as Docume»t
r~o. 231692, mortqaqecl unto III:ST ~aISCONSIN P]11TTOP7AL I31~NK-Ob' I~7ILW~~~. a
national ban}:ing association, duly organized and existing•tmder a d y vir~u~:
of the la~~s of tlie Unitecl States of N~erica, located in Milwaukee, t~fisconsin,
,I~~ assiqns, mort~aqce, the premises therein particularly describecl, to
secure the payment of the sum of Two Million Twc Hundred Thousand Dollars
($2,200,000.00) with interest as therein mentioned; and .
WHEREAS, FORT PI~RCE COtdSTRUCTION CORPORIITION, mortgagor, by Indenture
of Mortgage and Security Agreement dated the 23rd day of May, A.D. 1973, and
recorded in.the office of the C1erY. of Circuit Court in and for the County of
St. Lucie, State of Florida, on June 18, 1973, in Official Records Book 215,
n~-~ges 1307-131~t, inclusive, Document No. 257021, mortgaged unto FIRST
wtSCONS2td NATIONr'1L BANK OF MILWAUKEE and assigns, mortgagee, the premises
therein particularly dzscribed, to secure the payment of the sum of One Hundreci
r:ighty Thousand Two Hundred Dollars ($180,200.00) with interest as therein
mentioned; and
WHEREAS; under date of May 23, 1973, Ft. Pierce Construction Corporation
r. ~...L ..F lt: 1..,n.,Loo i t C
~~red a:~~ delivered to the First wisconsin- ivdii~i,d~ ~a•~~ ~y •-•~y..~~.-----
Consolidation and Spreader Agreement consolidating the two aforementioned
Mortgages and Security Agreements into a valid sinqle first.Mortgage securing
the principal amount of Two Million Three Hundred Eighty Thousand Two Hundred
and No/100ths Dollars ($2.380,200.00), said Agreement was recorded June 18, 1973.
in Official Records Book 215, Pages 1316-1323 inclusive,of the Official Records
of St. Lucie County, Florida, as Document No. 257023; and .
WHEREAS, the said FORT PIERCE CONST'tUCTION CORPORATION has requested the
said FIRST WISCONSIN NATIONAL BANK OF MILWAUKEE to release the premises
hereinafter described, being part of said mortgaged premises, from the lien
and operation of said Mortgages.'
,NOW THEREFORE, KNOL~T YE, that the said FIRST ~9ISCONSIN NATIONAL BANK OF
'iIL::AUYEE in consi3era~~o:: of t~:~ pre^.~ises set fo!'th hPreir_ ar_d of rhP s»m ~f
Ten Doiiars ~$i0.0~) ~::u U!:ier good and valuable consideration to ~ai~ ~:r
the said FORT PIERCE CONSTRUCTION CORPORATIJN at the time of tne ex~cuciun
hereof, the recaipt whereo~ is hereby acknowledged, does ren~ise, retease,
4 quit-~laim, exonerate and discharge from the lien and operation of sai3 mortgage~
; and consolidation and spreader agreement unto the said FORT PIERCE ~ONSTRUCTIG_~;
~ CORPORATION its heirs and assigns, all that piece, parcel or ~ract of land,
, being a part of the premises conveyed by said mortgages and consol.idation and
$ spreader agreement, to-wit:
~ s~sc.~rE v '
Apartment No. Unit 105 of the COLONNADS CO~ND(MINUMS N0. 9, accordia g
to the Declaration of Condomiaium recorded in Official Records Book ~23, page
864, of the Public Records of St. Lucie County, Florfda, together With all
appurtenances thereto, together with an un~ivided interest in the common
elements aad limfted common elements thereof.
TO HAVE AND TO HOLD the same, with the appurtenances, unto the said FORT
PIERCE CONSTRUCTIOt~ CORPORATIO:J its heirs and assigns forever, freed, exon-
erated and discharge~? of_ and f~om the lien of said mertgages and consoli~latian
~nd spreader agreement, and every part thereof; Provided always, neverthelnss, ~
that nothing herein contained shall in anyway impair, alter or diminish the
~ effect, lien or incumbrance of the aforesaid mortgages and consolidation and
spreader agreement on the remaining part of said inortgaged premises not hereby
released therefrom, or any of the rights and remedies of the holder thereof.
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1~~1 ?~1~11V1+Ja7 hllLiLL.Vr / I.tLG ?QiIA i' 1~~J1 ~~laJ\.va~..it~• •~~1JLVNt+L ~ • '
~ has caused these {~resents to be executed in its name, and its corporate seal
~ to be hereunto affi:~ed, by its proper officers thereunto duly authorized,
this 18th day of December • 19 74 •
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