HomeMy WebLinkAbout0442 PAR?IAL I~CIEAfE Or MORTOAG[ ~k~~O1R525 11AMC0 iOR/A ~1 ~i, /
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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
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~ f / j' ~ ~v! L-f"~~ G%f/ l.-• ~ ~ ~ ( -Y"`~_ -
. _ . _ . By ; . ~t ~ : - :c ,1; . , . .
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~ /KE! AM6 stEGOt~ ' ; ~ . ' ~ .
:t.t~tEC~a~Y~s~ed g _ _ ~ .:---.j . :
~OCEp ~0lTRAS - , ~ -
~ 'R ..~.CUtT C~U~+` • ~
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~tr~tr nf NEW YORK :
~l~~ 1 3 2z PM'78 39bU'~2 ~ ~
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~~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-
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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
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16C"` S. E. F~~r~.t ~~a;'1 Bank - p ~u~ ~ A~~ ~
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