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PAR~1Al REIEASE 0? MORTGAGt ~j RAMCO iORM el ~
~~r coe~o~~~~oM~ ~ i
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~~u~fv ~11 ~.~.~en ~t~r~e ~lrrsciits:
Wt1EREAS, OCEAN GARDEI~S. INC. , a Texas corporation , mortg~~gor ,
by Indenture of Mofiga9o bearing date the 27th day oF August , A.D. 1973 , I
and reco~ded in ihe of(ice o( ihe Clerk of the Circui~ Court in and For the Coun~y of St. Lucie ,
Stale of Florida, in O(Ficial Records Book 218 , Page 246 , mortgaged unto
ALISON hiORTGAGC INVESTr•1EIVT TRUST, a California IIusiness Trust and assigns, .
mort9agee , the premises therein particularly described, to secure the payment o( Ihe sum of ~13.500,000.00
THIRTEEIv MILLION FIVE HUNDRED TNOUSAND and no/100 ~~~ars,
wifh inleresf as therein mentioned:
AND Wf-iEREAS, the said Ocean Gardens. Inc., conveyed the mortgage premises to
FII~ISTERR~: CORPORATION, a 1'exas corporation authorized to do business in the '
state of Florida• ?
AND WHEREAS, the said FINISTERRE CORPORATION ha~ ~
reques~ed Ihe said Alison Mortgage Investment Trust to ~elease Ihe premises ~
hereinafter described, being part of said mortgaged premises, From the lien and operation of said Mortgage:
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NOW TNERffORE; KNOW YE, Thal the said ALISON MORTGAGE INVESTr~1ENT TRUST . a `
California Business Tz•ust as well in conside~ation of 1he premises as of the sum of ~
/ --------------------------------------------------------dollars,toit ~
TEN and no 100
paid by the said FINISTERRE CORPORATION I
at the time oF the execution hereof, the receip~ whereaF is hereby acknowledged, does remise, release, quit-
daim, exonerate a~d discharge from the lien and operation of said morigage unto the said FINISTERRE ~
CQ PORATION i~ heirs and assigns, ~
ali t~at. piece, parce~ or trad of land, being a part of the premises oonveyed by said mortgage, to-wit:
• Condominium Parcel `~~of OCEANA OCEANFRON'T ~ ~
CONDOMINIUM ONE, according to the Declaration of i
~ Condominium thereof, recorded in Official Records ~
Book 245, pages 65 through 135, of the Public Rec-~rds r
of St. Lucie County, Florida. jj ;
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TO HAVE AND~ TO HOID the same, with the appurtenances, unto the said FINISTERRE ~
CORPORp TI~N ~ its heirs and assigns foreve~, 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 a~ywise impair, al1e~ or diminish the effcd, lie~ or incum- : i
i brance 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 hold~r thereof. ,
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i IN WITNESS WHEREOF, the said ALISON MORTGAGE INVESTMENT TRUST, .
~ has caused these esents to be exewted in its name, and its ~~OKa~seal to be hereuNo affixed, by its
~ p ro p er officers reunto dul y authorized, this Sf day of 1
4 p
G ll-- A.D. 19 ?6 . '
~ Siyned, a d and delivered enoe of: (Cocpot~ie ~~r P
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" - _=c.- ALISON MORTGAGE INVEST~IEN~T.~L~S
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; Attested . : ~
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~ ~te flf California '~}i
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° 1~inunf~ of Los Angeles . _ . _,~T~ -
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' ~~PtfbU ~LKflf~, ~hat on this day, beFore me, an. officer duly authorized in the State and County aFwesaid to take
~ acknowledgemenls, personally appeared <
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- ' wel) known to me to be Ihe President and respectively o( the corporation
z Dartiaily releasing the mortgage described in the foregoing inslrumenl, and ~haf they severally acknowledged executing the ~
3 same in the presence ol Iwo wdscribing wi~nesus Freefy and ~dunta~ily under authonty duly ves~ed in them by said corpo- `
,
s; ralion and ?hat ~he seal aifixed there~o is ths true corporate seal of said corpora~ion.
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' ~~ifttcss my hand and olficial seal in the County and State (as~ afwesaid ~his day o( D. 19 .
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~ / Not.iry Public. Statc af - . .
~ %%II`7731~~~~~RIJMR'/~ilrtr~ ~?y:
, t7VT pREpqk~(~,~l~Y}I Sc~tl) Califoz-nia
~ .1 ~l~In•~~ SAM C. G/'1Y
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