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PARTAL RELEASE OF MORTGAGE RA~tCO ~URM di ~3~ ~
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WHEREAS, OCEAN GARDL•'NS, 1NC.. a Texas curpoi•ation , mor~gagor ,
by Indenture oi Mort9age bea~ing date the 27th day oF August , A.O. 1973 ,
and ~ecordsd in Ihe o{fice oF the Clerk of the Circuil Cour~ in and (o~ the Coun~y of St. l.ucie ,
State of Florida, in O(Ficial Records Book 218 , Page 246 , mortgaged unto
~ ALISUN 1~fOR1'GAGE 1NV~S'Tt~•iENT TRUST, a Califo~'I11~ I3:zsiness Trust and ass~gns,
morlgagee , the premises Iherein particularly described, to secure ihe paymenl oF the sum of $13 , 500 , 000 . 00
'THIR'TL'GN A~IILLION FIVE HUNDRED T~iOUSANll and i~o/100 Dollars,
~ with interest as ~here+n mentioned:
! AI~D t~'lfER~:AS , tt.e said Ocean Gardens . Inc convey ed the mort~agc 2~ren~is~~s to
FINISTERRE CURPURATION , a Texas corpoi-atioii authoi-izeci to do businc~ss in thc
stat~ c?f Florida:
i AND WHEREAS, the said FINISTERRL CORPORtI'T1UN h~
~ requested the said Alison 1~lortgage lnvestment Trust lo release the premises
~ hereinafter described, being parf oF Said morfgaqed premises, (rom the lien and operalion o( said Mortgage:
~ NOW THEREFORE; KNOW YE, Thal Ihe said ALISON I~~UR'i'GAGE INV EST11lIsNT TRtJS1' , a
Califarnia }3usiness 7'rust as well in consideration o( the premises as of ~he sum of
~ TEN and no/100--------------------------------------------------------dollars. to it
( paid by ?he said FINIS'TCRRE CORPORATION
al the time of Ihe execution hereoF, the ~eceipl whereo( is hereby acknowledqed, does remise, release, quit-
~ claim, exonerale and discharge from the lien and operation of said mor~gage un~o the said FIiV1STERRE
Ij GOR PORATION its heirs and assigns,
~ all that piece, parce~ or traN of land, being a part aF the premises conveyed by said morlgage, to-wil:
~
i
Gundominium Parcel ~O_ of OCEANA OCEAi~?FRONT
i~ COIVllOM1I~iIUi~•f OI~E, according to the Declaration of
Condominium thereof , recorded in Official Recurds N
riuok 245, pages 65 through 135, of the Public Recordsf~, ~Q~ ~p~~~~~~~
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; oi St. Lucie County, Florida. ~L!`Rx CJ~;,;I{fi OOU
i~ _ Rr('~~n v~H~FiYP
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~ Tp HAYE AND TO HOLD ihe same, with the appurtenances, unto the said FINISTERRG
CORPORp TIUti its heirs and assigns (orever, (reed,
exoneraled and discharged of and From the lien of said mortgage, and every part thereo(; Provided always,
nevertheless, that nothing herein conlained shalf in anywise impair, alier or diminish the e(fed, lien or incum-
brance of the aforesaid Morlgage on the remaining part of said mor~gaged premises not hereby released
therefrom, or any o( the righls and remedies of ihe holde~ thereo(.
IN WITNESS WHEREOF, the said ALISOV ~10RTGAGE IiVVI'sSTi~tEN1' TRUST. -
( has caused these presents to be execuled in its name, and i1s ~tp~~ se~l ro be hereunto a(lrxed, by i~s -
I~ proper officers thereunto duiy authorized, this a~f day of 1~7~~~ o' S T A. D. l9 76 .
Signed, -se~led and delive~ed in the presence of: (Lorporate Seaij -
; ,L _ ALISON MURTGAGE 1l~VLS1'l~~Ei~3T "I'RUS
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' ` . ~ Y C..ti,..,~- .I ' ~ ~~C,
I ~ ~ L. i! ~ ~ ~ ~ ~ B
Senior Vice Pres~dent.
~ Attested by
; ! ~tate pf California
~ °'RA~1~'!.~ . ~
Ubount~ Qf ~~~'E's Secretary
;
~~crcb~ (~rrtif~, thal on lhis day, be(ore me, an o(ficer du(y authori the S~a~e and County d~OtQSJI lo take
acknowledgemenls, personally appeared EIIlme t t M. M111 S and J. A. i~ie rce r, J r. -
well known lo me lo be Ihe Sr. VieeP.es~de~r a~d Secretary ~especlively of Ihe corporat~on
partia~ly releasing the mortgage described in the ?oregoinq inslrumenl, and that they severally acknowledged executing Ihe
same in the presence oF two subscribing .+~ilnesses Ireely and volun~arily under authonty duly ves~ed in ~hem by sa~d corpo-
~ ralion and that ~he sea! aFfixed Iherelo is the Irue corporate seal o( sa~d corporation.
' ~~ttttcgs my hand and o(ficial seal in the Coun~y and State lasl a(oresaid ~his day oF /qV ~•,A D. 19 ;
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~/%r, ~~l~rinr~~rl rr~ ~~ir~~l Notary PUb~j~,,.StaL~.,.GtS.~,.,.,..,...~...„,....
' ~tt?~ % . ~ : ~ry Seal) Califoi•riia : ,~f ;
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~ FT. D~tii~f, FLA. F'~ ;Y f'A. L v ORINGE COUN7r _
. ~Ay Commission Cx~ire~ Dec. 21. 1~77