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HomeMy WebLinkAbout0442 PAR?IAL I~CIEAfE Or MORTOAG[ ~k~~O1R525 11AMC0 iOR/A ~1 ~i, / ~~r co~ro~~~~o~~ ~ ~7~~~ ~r r ~ ~ ~trtt~xl ~~~I~e~~~e ~a~ ~~i-~~~~~e ~ ~t~taiu ~1U ~l~cii ~j~ tLl~csc ~rrsciits: WHEREAS, ~CILLE V. COSTA, INC., a Florida Corporation , morfgagor , by Indonlure of Mongage bearing daie the 20th ~y oF March , A.D. 19~q , and reoorded in the o((ice oF Ihe Clerk of Ihe Ci~cuit Cou~t in and for tho County o1 St. Lucie , S~ate of Florida, in O((iaal Reco~ds Book ~25 , Page Sa~ , nwrt9ayed unto B]1NKERS TRUST COPIPANY, a New York banking corporation and assigns, mortgagee , the premises therei~ particularly described, to secure the payment of the sum oF FO~R MILLION SIX tiUNDRED THOUSAVD AND NO/100 $4,600,000.00) pollars, with intcrest as therein mentioned: WHEREAS, PROTEAN INVESTORS, INC., a New York corporation, is the present owner - of the property encumbered by the aforementioned mortgage; AND WHEREAS, the said p~T~N 1t~tvsSTORS, ItaC. haS ~equested the said B~~~ TRUST CO}lPANY b ~elease the premises hereina(ter described, being parf of said mo~t9aged p~emises, from the lien and operation of said Mongage: NOW THERffORE; KNOW YE, That the said 8~~~ TRUST COMPANY as ~vell i~ consideration oF the premises as of ~he sum of TEN OOLLARS (S10.00) and other good and valuab2e consideration ~~y,ci~c~ paid by the said PROTEAN IWESTORS, Z~C. at the time of the execution hereof, the receipt whereo( is he~eby acknowledged, does remise, release, quit- daim, exonerate and discharge from the lien and ope~ation of said mortgage unlo ~he said pR~T~~ ~NVESTOFS, INC. , its successors F~Ya`E~ assigns, all thal piece, •parcel or trad oF land, being a part of the premises oanveyed by said mortgage, to-wit: Condominium Unit No. 6iQ of SEA PINES TOWER CONDOMIhIUM, according to the Declaration of Condor.ur,ium thereof dated the 20th day of ~~e~r . ~9 77 recorded in Official Records Book280 at Pages2622 et.seqof the Public Records of St. Lucie County, Florida; together with ail the appurtenances thereto, all according to ~ the said Declaration of Condominium and Exhibits attached thereto. This Partial Release shall also release the above Condominium~Unit from The Financing Statement recorded in ORB 225 PAGE 590 of the Public Records of St. Lucie County, Florida; and I Modification of rlortgage recorded in Official Records Book 237, Page ~ A 1136 Public Kecords of St. Lucie CounLy, Fiarina. i TO HAVE AND TO HOLD the same, with ihe appurlenances, unto the said pR~N INVESTORS, I~, its successors ~and assigns forever, Freed, exonerated and discharged of and from the (ien of said mortgage, and every part thereof; Provided always, ~ nevertheless, that nothing herein contained shall in anywise impair, alter or diminish ihe effed, lien or incum- ~ brance of the aforesaicJ Mortgage on the remaining part of said mongaged premises not hereby released iherefrom, or any of the ~ights and remedies of the holder thereoF. . IN WITNESS WHEREOf, the said BAN'~RS TRUST COr1PANY has caused these presents to be execufed in its name, and its corporale sea) to be hereunto aifixed, b~y 1i ,s proper o((icers thereunto duly.authorized, this day oF G~ A~ ~ A.D. 19?~ Signed, sea~ and delivered in t presence of: (Corporat k5ean. ~ BANKERS TRUST COMPANY, a New Yor ~ ~ ~ ' ~ % ~ ; t,% banking corporation . . :~-~1.~.---.... . :..2" ~ . . _ . . . . . . . . ~ f / j' ~ ~v! L-f"~~ G%f/ l.-• ~ ~ ~ ( -Y"`~_ - . _ . _ . By ; . ~t ~ : - :c ,1; . , . . . ~ ~ /KE! AM6 stEGOt~ ' ; ~ . ' ~ . :t.t~tEC~a~Y~s~ed g _ _ ~ .:---.j . : ~OCEp ~0lTRAS - , ~ - ~ 'R ..~.CUtT C~U~+` • ~ . ~ _ _ _ . , . . . ~ ~tr~tr nf NEW YORK : ~l~~ 1 3 2z PM'78 39bU'~2 ~ ~ ~iauutv of ~ Y~~ ~ ~~crcb~ (~ertifp, ~hat on this day, before me, an ofFicer duly authorized in the State and CouMy atoresaid to take and acknowledgemenls. Personally appea.ed ~G~ln, ~~C cy..: ~,a ~-~+"`r ~ 5..~~,-1;~~, t- . ~~S l'~ r~„~ v,~ ` J well known to me to be Ihe Rtt~dertt ar?d C~ J;,C c~c ~fi rospedively of the`~orporation paAially releasing Ihe mo?Iga9e descnbed in rhe foregang instrument, and ~hat ~hey severally acknowlodged execuling the same in the presence o( two subscrib~ng w~tnesses f~eely a~d Yoluntari:y under authority duly vested in fhea+ bqr'said corpo- r ration and Ihat Iha sea) aliixod th~reto is IM true corporate seal ol said corparaliorL y . . , _ ~itqc$S my hand and o(ficial seal in Ihe County and State last a(oresaid Ih' dar d~~.:ty~ ,AD: 19~ ~ . ~ . This instrument was prep2red by . _ . . . . . . . . BRIA~ 1 P. TAGUE M6ERSNOfl. SaNt:R. +~~;!•;.:r,rJ, Di1:,NCD~ 6 COi't . _ . _ R 16C"` S. E. F~~r~.t ~~a;'1 Bank - p ~u~ ~ A~~ ~ ~ . . 3.3131 BOGK v Ph.E z ~ , _ . ~ - - - - - ~ ~ ~ .