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HomeMy WebLinkAbout2394 ~ THIS INSTRI~MB~T PREpARED 8Y: ~ ~t ' DOBSON AND JOHNSON~ INC, 300015 ~ ~us p~ic Bou~v~u ~ PARTIAL RELEASE OF MORTGAGE KNOW ALL MEN BY THESE PRESENTS: WHEREAS, DOBSON 8~ JOHNSON, INC., a Tennessee Corporotion, is now the owner cnd holde~ of the 6ollowing mortgage and the note secured thereby, to-wit: 3 i . A mortgage deed, executed the 22nd day of Ocbbe~, 1974, by Outdoor ~ Resvrts of America, inc., to Dobson 8~ Johnson, Inc., a Ten~euee Cor- _ ` porotion, securing 550,000.00 and recorded in Official Reoord Book~.~ Pqqe.~~, et seq., Public Reoords of St. Lucie County, Florida, encumbering certain lands in St. Lucie County, Florida, therein more particula~ly described. WHEREAS, Outdoor Resorts of America has r+equested Dobson 8~ Johnson, Inc., to release the property hereinaRer described, being a part of the mortgqqed premises, from the lien and operation of said mortgage; NOW, THEREFORE, Dobson 8~ Johnson, Inc., in consideration of the premises ~d the sum of ONE DOLLAR, 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 mortgqqor, its wcceuon and assigns, that certain portion of the property con- veyed by said mortgage more particularly described ar follows: The following listed lots as shown by the plat recorded in the office of the Clerk of the Circuit Court in a~d for St. Lucie County, Floridv, in Plat -Qook 16, Pcge 1:1A throt,gh 1 J: Section II 138 427 465 ~ ; . 712 € 809 _ . ! 1,037 5 ~ ~ TO HAVE AND TO HOLD the same, with the appurtenances, unto the said Mortgagor, ~ its wccessars and assigru, forever freed, exoneroted and discharged of ~d from the lien ~ of said Mortgage; provided, alwcrys, nevertheless, that nothing herein contained shall in ~ onywise impair, alter or diminish the effect, lien or encumbrance of the aforesaid Mort- ~ gage on the remaining part of said mortgaged property not released hereby, or any of ~ the rights and remedies of the holder the~of. r ~ z q ~ IN WRNESS WHEREOF, Dbbson 8~ Johnson, Inc., has caused these presents to be - executed in its name by its proper officer duly authorized, this ~ t~r}L day of - , 1975. _ Signed, sealed and DOBSON 8~ JOHNSON, I~C. 4 delivered in the presence of: K . ~ ' / ' ~ ~ w ; . , ~ ,~~,Li By: CS'7 ~ ` ~ Executive Vice President i ~ ~ ~ ` ~ ~ / K • ~C ti; ~ f, 60QK~~Ve7~ PACf~t ~ ~ ~ - ! ~ ~ ~ - - - . - . _