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HomeMy WebLinkAbout0416 t~'~l~`~~~ yl6~ i ' PARIIAL R[LEASE OF MORTOAO[ RAMGO IORM ~1 ~ ~ ~~r co~ro~wlioN~ ~r~f~~x~. ~~t~.~~t.~~ ~a~ ~ ~ ~ ,stiwin ~ll r~,~cii ~l~rse ~.1rc~cnt~: Vb'HEREAS, OCEAN GARDENS, INC., a Texas corporation , morfgagw , by Indenlure ot Morigage bea~ing date fhe 2~th day of August , A.D. 1973 , end recorded in the office oF the Clerk o( the ~ircuit Cour1 in and for Ihe Counly of St. Lucie , _ State of Florida, i~ O(ficia) Records Book 218 , Pa9cs 246 , mortgaged unto ~ and assi ns, ; ALISON hiURTGAGE INVESZ'I~tENT TRUST. a Califoi-nia IIusiness Ti•ust 9 ~i' mort ga gee , the premises ~harein particula~ly described, to secure Ihe paymenl oF the sum of $13, 500, 000. 00 ! ~ TIIIIZI'EL'N I~4ILLION FI~'E HUNI)RED T~iOUSAND and no/10~------------------ ~ollars, wilh interest as therein me~lioned: AND W'IiEREAS, the said Occan Gardens, Inc., conveyed the mort age premises to FINIST~RRE CORPORATION . a Texas corporation authorized to do~usiness in the state~ of Florida• ~ ; AND WWEREAS, the said FINISTEFR~ CORPORATION haS requested the said Alison iNortgage lnvestment Trust to ~elease the premises hereirwher desc~ibed, being part of said mo~tgaged premises, ~rom the lien and operation o~ said Morlgage: NOW THERffORE; KNOW YE, That the said ALISON MORTGAGE INVESTI~iENT TRUST , a Califoz'nia Business Trust as well in consideration of the premises as ol the sum of TEN and no/100--------------------------------------------------------doltars, to it 1; p aid b y the said FII~lIST~RRE CORPORATION i i at the timo of the execution hereoF, the ~eceipl whereof is hereby acknowledged, does remise, release, qu:t- daim, exonerale and discharge fram ihe lien and operalion of said mortgage unto tha said FINISTERRE CQ PORATION " its heirs and assigns, alt t~t piece,. parce~ or frad of land, being a part of the premises oonveyed by said mortgage, to-wit: ~ Condominium Parcel , of OCEANA OCEANFRONT CONDO~iINIL1ri ONE. according to the Declaration of Condominium thereof, recorded in Off'icial Records Book 245, pages 65 througn 135, ot the Public Rec•~rds of St . Lucie County, Florida . i 1` , ar~~?~~s • ~ ? a ' ~ .MY . - ~on~ - ~ a~o f ~ ; . t~ . i k~ ` ?Q HAVE AND TO HOLD the same, with the appurtenances, unto the said FINISTERRE ~ I A r. its heirs and assigns forever, freed, E CORPOP. TIO.I : ~ e x o n e r a t e d a n d d i s c h a r g e d o i a n d h o m t h e lie n of said mort ga ge, and eve ry p art thereof; P~ovided alw a y s, ~ nevertheless, that nothing herein contained shall in anywise impair, aller or diminish the e(fed, lien or incwn- ~ brance of the aforesaid Mortgage on the remaining pa~t of said mortgaged premises not hereby released ~ therefrom, or any of the rights and remedies of the holder the~eof. . ~ IN WITNESS WHEREOF, the said ALISON MORTGAGE INVESTMENT TRUST , ~ has caused these presents to be executed in its name, and its ~t~014~sea) to be hereunto aiFixed, bz its ~ proper officers t eunto duly aulhoriz~d, this o?/ S~ day oF /y`„e A.D. 19 76 . ~ _ - (C~rpbrate Seal~' ~ Signed, ~aAd delivered~n ~bQ~ence oE: r., ~ ~ ; ~ ~ ~ ~ ALISON MORTGAGE INVE3'I~~~N~` ~RUS ~ ~ ~:.J~--r..r. , . , . . . . _ . _ _ .-~r--..~~....-_... _ . _ : ~ ~ ; ~ - - By. . _ . - ' ~ _ u ~ . s ~r~sidenf.` : - ~ Altested ~ ~ ~tute uf California - = ~ ; ~ ~ . _ 1 - (~iaimtv of Los Angeles _ ; ` ~~~~tchv ~erltf~t, ~hat on this day, befo~e me, an o(f~cer d~lr authorized in the Slate and Co~My a(oresaid lo ta~e °4 acknowledgements, personally appeared ~ ~ well known to me lo be the President and respechvely o1 the co~poralion parl~aUy releasing Ihe mortgage described ~n Ihe Foregoing inslrument, and ~ha~ ~hey severally acknowledged execuhng Ihe ~ same in the presence o( two subscnbing w~tnesses Freely and volumanly under autfwnty duly ves~ed in Ihem by said corpo- - rat~on and that the seal afFixed thereto is Ihe true corporale seal o( said corporation. ~ ~~ihtcss my hand and oiFiciaf seal in the County and S1ate las~ a(oresaid ~his day o( D 19 s i i ~ N~,t.~ry i'ublic, St:~~c of ~ ~ /lin /?~~~r~~liir~~rl~~r~/airr~l l~y: ; ~ ~ ~THIS Iw;,ir~~.~'ti,Et~~ P~EPARED g~~t~!~•y Sc~~l) ~ Calito~-tti:t i _ :~.r,in~,~ C GAY `~55 ~A~E ~ r 32I S. 2f~f~ ST. F~:1 FT. PIERCE, FLA, ~ ~ ~ z f s~ ~ ~ . . ~ . . _ . _ . _ . . . u~:~~