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HomeMy WebLinkAbout0506 . _ _ - _ _ - - - . ~ / ~cz~t~'cal ~~aGeaQti o~ KNOW All MEN BY TNESE P~2E~ENTS, Whereas, M-W-G CORPORATION and LAKESIDE GARDENS, INC. both Florida Corporations~ d/b/a L.akeside Park ~ by Indentu~e of Mortgage beanng date the ~93~ day of DPril r A.D. 19 ?1 , and recorded ; ;n the office c~f the Clerk of the CircY~~ourt in an~~ the Cour~t~i~ St. Lucie ~ State of Flori~a, in O.R. Book 1q Page 3 , granted and conveyed unto FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION SEVENTH ~UNDRED THOUS9AI~Dth~~s~s h~re~~~r~bul~~~~~~'~c~ ~ ' ~o. secure the payment of the sum of ONE HUNDRED THOUSAND DOLLARS AND NO/100 (~100,~~~i) with interest as therein ment~oned: AND WHEREAS the said ~ M-W-G CORPORATION and LAICESIDE vARDENS, INC., both Florida Corporations, d/b/a ~ Lakeside Park ' requested the said FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE to release the prem- ises hereinafter described, being part of said mortgaged premises, from the lien and operation of said Mort- gage: NOW, THEREFORE, KNOW YE, That the said FIRST fEOERAI SAVIWGS, AND LOAN ASSOCIATION OF FORT PIERCE, as wel! in consideration of the premises as the sum of one dollar and other good and valuable con- sideration doltars, to it in hand paid by the said M-W-G CORPORATION and LAKESIDE GARDENS, INC., both Florida Corporatipns,, d/b/a i Lal~eside Pa~k " at t e t~me of t e execution hereof, the receipt whereof is hereby ack~owledged, dces remise, relase, quit- claim, exonerate and discharge from the lien and operation of said mortgage unto the said M-W-G CORPORATION and LAKESIDE GARDENS, INC.~ both Flori¢a Corporations~.~/b/a ihe~r heiaeand asksigns, all that piece, parcel or tract of land, being a part of the premises conveyed by said mortgage, to-wit: , From the intersection of the east right-of-way line of U.S.,H~i~way No. 2 and the north line of Section 27, Tor~mship 35 South, Range_40 E~st,~St. Lucie County, Florida (said line being 1~2 feet west of the northeast corner of the NN~ of said Section 27), run South 88 54' 20" East algng the north line of said Section 27 a distance of 400 feet; thence run South 00 O1' 08" East par~llel with U.S. Highway No. 1, a distance of 650.25 feet; thence run North 88 54' 20" West 400 feet to the east right-of-way line of U.S. HighF?ay No. 1; thence run north along the east right-of-way line of U.S. HighWay No. 1 to the point of beginning. ~ i ~ - ~ ' ~ I i ~ ~ - ~ - ~r - . e ~ , s • o rz°! ~ r~ ~ '~:r . . ~ TO HAVE AND TO HOLO the same, with appurtenances, unto the said ~ M-W-G.CORPORATION and LAKESIDE GARDENS~ INC., both Florida Corpor,~t~y ~'~bla = ~ Lakeside Park ~ and assigns forever, freed, exonerated and dixharged of and from the lien of said mortgage, and~every part thereof; Provided, always, never~heless, that nothing therein contained shall in anywise impair, alter or diminish the effect, lien or incumbrance of the aforesaid Mortgage on the remaining part of said mortgaged ~ premises, not hereby reteased therefrom, or any of the rights and remedies of the hokle~ thereof. ~ ~ IN WITNESS WHEREOF, the said Mortgagee by its duly authorized officers, has hereunto set its ha~d and seal ; this 1 rh day of 1Joverh bGr 1q 7'1. _ ~ ~ ~ FIRST FEOERAI ViNGS AND LOAN ASSOCIATION OF FORT PIERCE ~ ~ ; (Corporate Seal) - _ . ~ g i ~ Signed, Sealed and delivered in Presence of: ViCe President ~ ~ • ' r~ ~ ~ ~.W!~ ~ ~ - - - ~ ; ~ ~o . L~.~c~ ~ ~ ~ B;,~K 278 PaGE 505 ~ ~ ~ .