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HomeMy WebLinkAbout0839 `c'• ~ This Inst~ument Was Prepared By~ -n JOE D. MATHENY "~~r~V ot HENOERSON d~ MATHEN~! 302 S. Washfngton Ave. ' Titusville. Florida 32780 PARTIAL RELEASE OF MORTCAGE KNOW ALL MEN BY THESE PRESENTS: WHEREAS, EGAN, FICKETT & COMPANY, a foreiqn corporation authorized to do business in the State of Florida, Mortgagor, by Indenture of Mortgaae bearing date the 30th day of August, 1974, and recorded in the office of the Clerk of the Circuit Court in and for the County of St. Lucie, State of Florida, in Official Re^ords Book 243, page 628, mortgaged unto FLORZDA NATIONAL BANK AT TITUSVILLE, Mortgagee; the premises therein particularly described, to secure the payment of the sum of One Mill~ion and No/100 Dollars ($1,000,000.00) with interest as therein mentioned, and L~FiERERS, ECA.'+i, FICKETT S CO*iPA.'t'Y a~n3 NEL'II~S-IDEAL, I*:C. , a Florida corporation, Mortgagors, by Additional Advance Agreement bearing date the 29th day of Auqust, 1975, and recorded in the~ office of the Clerk of the Circuit Court in•and for the Co•,~r.ty of St. Lucie, State of Florida, in Official Records Book 243, page 634, ,~~ortgaged unto FLORIDA NATIONAL BANK AT TITUSVILLE, Mortgagee, the premises therein particularly described, to secure the payment of the sum of Two Hundred Fifty Thousand and No/100 Dollars ($250,Q00.00) with interest as therein mentioned, and WHEREAS, the said Mortgagors have requested the said FLORIDA NATIONAL BANK AT TITUSVILLE~to release the premises herein- after described, being part of said mortgaged premises, from the lien and operation of s~~,,~Op~tgage and Additional Advance Agreement. . ~r { a ~ - 3,.~. o~a3 - ~~z~ NOW, THEREFORE, know ye, that the said Mortgagee as well in consideration of the premises as of the sum of to it paid by the said Mortgagors at the time of the execution hereof, the receipt whereof is hereby acknowledged, doe,s remise, release, quit-claim, exonerate and discharge from the lien and operation of said Mortgage and Additional Advance Agreement unto ! the said Mortgagors, their heirs and assigns, a~ll that piece, ( parcel or tract of land, being a part of the premises conveyed by said mortgage and Additional Advance Agreement, to-wit: From the Southwest corner of Section 3, Township 35 South, Ranqe 40_East, run North 0 deg. 00-1/2 min. West, 1317.9 feet to the line dividing Government Lots 3 and 4 of said Section; thence run South 89 deg. 49-1/2 min. East 2585.7 feet to a Railroad Rail, a Point of Reference: From said Po?nt of Reference run North 15 deg. 47-1/2 min. West 67.2 feet; thence South 70 deg_ 14-1/2 min. West 51.12 feet; thence North 15 deg. 47-1/2 min. West 2.17 feet to the Point of ~ Beginning of the lands herein described. From said -~oint of Begi-ning continue North 15 deg. 47-1/2 min. West, 447.83 feet to the south line of Street; thence South 70 deg. 14-1/2 min. West along the South line of Street, 470.0 feet to the East line of North Second Street; thence South 15 deg. 43-1/2 min. East along East line of North Second Street, 417.8 feet to the North right of way~line of Florida East Coast Ra.ilway Company Spur Track No. 3; thence along chords to a curve a concave to the North, run along the Northerly riqht of ~ way line of said Track No. 3: ~ North 87~deg. 31-1/2 min. East, 21.55 feet = North 85 deg. 13-1/2 min. East, 25 feet North 82 deg. 41-1/2 min. East, 25 feet North 80.deg. 10-1/2 min. East, 25 feet North 77 deg. 30-1/2 min. East, 25 feet North 75 deg. 41-1/2 min. East, 25 feet ~ * ~ ~ ~ ~ ~ T'!;i