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THIS INSTRUMENT PREPARED BY:
ROBERT M. LLOYD, ESQUIRE
P. 0. BOX 1270
FORT PIERCE. FLORIOA 33450 ~ ~~849
PARTIAL RELEASE OF MORTGAGE 3
WITN~SSETH:
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WHEREAS, LUCILLE V. COSTA, INC., a Florida corporation,
conveyed to NEW JERSEY REALTY MORTGAGE COMPANY, a New Jersey
corporation, hereinafter referred to as Mortgagee, certain
real property in St. Lucie County, Florida, as security for
a$2,000,000.00 loan as evidenced by that certain mortgaqe
deed dated September 28, 1972, and recorded October 3, 1972,
in Official Record Book 206 at page 2585 of the public records
of St. Lucie County, Florida; and
WHEREPiS, said mortqage deed has been modified by a mortgage
extension agreement dated November 26, 1973, and recorded on
December 28, 1973, in Official Record Book 222 at page 821 of
the public records of St. Lucie County, Florida; and
WHEREAS, LUCILLE V. COSTA is now the owner a~nd title holder
of record of the aforementioned mortgage security; and
• WHEREAS, the said LUCILLE V. COSTA has requested the mort-
gagee to release the premises hereinafter described, being part '
of the mortgage preraises, from the lien and operation of said
mortgage.
NOW, THEREFO , in consideration of the prernises as well.
as the sum of $~~~GldO.oo in hand paid, Mortqagee does
hereby remise, release, quit claim, exonerate and discharge
from the Iien and operation c~~ said mortgage the fallowing tl~~-
cribed land, being part of the mortgage premises: •
~y~s- ~oi -~~a - aao/Y
Lots 1 through 20, Block 1, and the South 10 feet of
vacated alley lying Northerly of and adjacent thereto,
CORAL COVE BEACH, SECTION-ONE, according to the plat
thereof recorded in Plat Book 11 at pages 30A and
30B of the public records of St. Lucie County, Florida.
TO HAVE AND TO HOLD the same, with the appurtenances, unto
; the said LUCILLE V. COSTA, her heirs and assigns forever, freed,
exonerated 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 encumbrance of the aforesaid mort--
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~ gage on the remaining part o€ said mortgaged premises not hereby
~ released therefrom, or any of the riqhts and remedies of the
~ holder thereof.
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~ IN WITNESS WHEREOF, Mortgagee has caused these presents
~ to be executed in its name, and its corporate seal to be here-
~ unto affixed, by its proper officers thereunto duly authorized,
~ this day of May , 1975.
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~ Signes,.sealed and delivered NEW JERSE TY A
~ in the presence of: COMPANY
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,~IIo , BY :
$ obert L. Mulligan
~ ~~L G~:~.~ ~c=r~ ~ Vice-President . '
- ATTF.ST : .
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~ ~ooK239 PAl;E~O~
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~ NEILL dRIFFIN JEFFRIE4 S LLOYO
CMANTEP.eD
~ ' P O BOx ~270. FORT pfERCE, iLORIDA 33~50 - TELEpNONE (305) ~6~-6200
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