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HomeMy WebLinkAbout0460 /~-~-o~~ 5~~.,p ~ ~ PARTIAL RELEASE OF MORTGAGE 2~~~~1 KNOW ALL riEN BY THESE PRF.SENTS : W~IEREAS, BILLY L. F~RGUSON and FRAIdCES FERCUSON, his ~~ife, , mortgagors , y n enture o ortgage ear- ing ate t e t ay of Se tember , A.D. 1961, and recorded in t~ie o~fice of t e er o t e ircuit ourt in an~ f~r the County of St. Lucie , State of Florida, in Officia ecor s o0 17 , age 604 , mortgaged unto J.S. GLEASON JR. as Administrator of Veterans Affairs. an officer o t e nite tates o erica an assigns, mortgagee , t e premises t erein particu ar y escri e, ~ to secure the payment ~ the sum of Thirteen Thousand ~ ~513,000.00)------------------------------------------------- o ars, - wit interest as t erein mentione : ~ - ~ ; AND WHEREAS, the said BILLY L. FERGUSON and FRANCES W. FERGUSON ~ his wife ave requeste t e sai ~ . as mznistrator o Veterans Affairs an o• icer o t e nite tates o America to re ease t e premises erein- a ter escri e, eing part o sai mortgaged premises, from the lien and operation of said Mortgage:- vOW THEREFORE: KNOW YE, That the said J. S. Gleason. Jr.. as i Administrator of Veterans Affairs an officer of the United States i o erica as we in consi eration o t e premises as o t e sum o Ten-------- (510.00 -------------------------------dollars, to it paid y sai ~LI, ~ an C S W. FERGUSON, his wife, at t e time o t e execution ereo , t e receipt w ereo is ere y ~ acknowledged, does remise, release, quitclaim, exonerate and discharge ~ from the lien and operation of said mortgage unto the said f BILLY L. FERGUSON and FRANCES W. FERGUSON his wife their eirs an assigns, a t at piece, parce or tract o~ an , eing a part of the premises conveyed by said mort- 4 ~ gage, to-wit: A1Z that certain portion of the premises conveyed by ~ the mortgage described above, that lies within the boundaries of the ~ following described property: E ~ Starting at the Southeast corner of the NE 1/4 of the SE 1/4 of = ~ Section 5, Township 36 South, Range 40 East, St. Lucie County, Florida, run North'along the East section line of said Section ~ S a distance of 654.4 feet to a point; thence run West a dis- ~ tance of 25 feet to the point of beginning. From the point of ~ beginning run North a distance of 7.65 feet to a point, thence run Westerly on a bearing of North 89°53'42" West a distance of 1294.76 feet to a point; thence run Southerly on a bearing of South 0°O1'30" kest a distance of 12.03 feet to a point; thence run Easterly on a bearing of North 89°54'40" East a distance of 1,294.75 feet to the point of beginning. ~a TO HAVE AND TO HOLD the same, with the appurtenances, unto the said BILLY L FERGUSON and FRANCES W. FERGUSON, his wife. their ~ ~ an ~ eirs an assigns orever, ree , exonerate an isc arbe • ~ fro*.n Lhe l~en ~f said m~rtgage: and every part thereof; Provided al- ~ ways, nevertheless, that nothing herein contained shall in anywise impair, alter or diminish the effect, lien or incumbrance of the ~ aforesaid Mortgage on the remaining part of said mortgaged premises ~ not hereby released therefrom, or any of the rights and remedies of ~ the holder thereof. ~ IN WITNESS WHEREOF, the said riortgagee has hereunto set his hand and ~ 18th da December , 1 9 74 , by his Attorney in Fact ~ ~eal this y of ~ under Power o ttorney and De egat on o Aut or ty dated October 7, 1974, recorded ~ in Official Record Book 234, Page 519, St. Lucie County, Florida. ~ i ~ U& E~~K235 459 ~ ~ ~a 7'~ - ~ r~..~ , ~ lx;- ' . . . . . . . _ _ . . ~~4