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HomeMy WebLinkAbout0278 ~ thls ~~strument Was Prep.~red 8y: SCOTT M. KENNEY, Es~iu~re . Su~te 200, Citizens Fedeat Bld~. 1600 S. Federal Hvry. PARTIAL RELEASE OF MORTGAGE f~ P+KU, Fla• 33450 / ~ KNOW ALL MEN BY THES~: PRESEVTS, Whereas, ~~~4~ LUCILLE V. COSTA, INC., by Indenture.of Mortgage bearing date the 28th day of September A.D. 1972, and recorded in the office of the Clerk of the Circuit Court in and for the County of St. Lucie, State of Fiorida, in Official Record Book 206, Page 2585, granted and conveyed unto NEW JERSEY REALTY MORTGAGE COMPANY, a New Jersey Corporation and assigns, the premises therein particiularly described, to secure the payment of the sum of TW4 MILLION ($2,000,000.00) DOLLARS, with interest as therein mentionecl, as modified pursuant to a Mor~qage Extension Agreement including George A. Costa and Lucille V. Casta, his wife, dated November 26, 1973, recorded at Official Records Book 222, Page 82I, as modified again pursuant to a Mortgage Modification, Consolidation and Extension Agreement, dated June 10, 1977, recorded at O£ficial Records Book 274, Page 2297, aIl of which recordings were in Public Records of St. Lucie County, Florida. AND WHEREAS, MIDLANTIC NATIONAL BANK, a national banking association, is now the owner and holder of said mortgage AND WHEREAS, LUCILLE V. COSTA, is now owner of the property described in said mortgage and has requested the said MIDLANTIC NATIONAL BANK to release the premises hereinafter described, bein~ part of said mortgaged premises, from the lien and operation of said Mortgage: N0~4 THEREFORE, KNOW YE, That the said MIDLANTIC NATIONAL BANK, as well in consideration of.the premises; the sum~of one dollar and other good and valuable consideration dollars, to it in hand paid by the sa'id LUCILLE V. COSTA at the time of the execution hereof, the receipt whereof is hereby acknowledged, does remise, release, quit- claim, exonerate and discharge from the lien and operation of said . mortgage unto the said LUCILLE V. COSTA, her heirs and assigns, all that piece, parcel or tract of land, being a part of the premises conveyed by said mortgage * to wit: 2707-I North A-I-A The North 16.66 feet of the South 94.05 feet of Lot 6 of Block 7 of CORAL COVE BEACH SUBDIVISION and the East 10 feet of a vacated alley adjacent thereto on the West as recorded in Plat Book 11 Page 30B of the - Public Records of St. Lucie County, Florida. ~ SUBJECT TO the following: ~ .MIDLANTIC NATIONAL BANK, reserves unto itself and its successors, assigns, lessees and invitees until such time as the mortgage referred to herein is satisfied in full, over the property being released herein, all rights, interest and benefits, to the party walls, covenants, restrictions, servitudes, conditions, reservations and easements subjected to said property by virtue of that certain Declaration of Party Walls, Restrietions, Reservations, EaseMents and Protective Covenants, recorded on January 3, 1978, at Official Record Book 279, Pages 2483 - 2549 -A of the Public Records of St. Lucie C~unt Flo~i~~tures in or u *This also partially releases all apparatus, c att~ls an pon the property described herein fram those certain financin~ statements with File Nos. 380545 nd 360546 recorded at O.R. Bool~ 275, Page ?2 and O.R. Sook 275, Page 727,~ respect~vely, Pub~ic Records of St. Luc e Count~~ Fiorida. RtcDOtYALD, KENNiY Q RU S KIS ~IW/tfflONAt AffOC1AT10N ~ ATTOAN[7f Af Uy SUITE 20C, CITIZENS FEDF,1~Al CUIIDiNG, f600 60YTH FlDCi~AL MIGMWAI/, FORT /IlMf, iLORIDA »l30 TEIEINON[ 1~0!) 4~t.i0}2 (l ~ ^y^ w•/~~' J • )Uf y ~V~ ~~1f/~ ~ S~ ~ . . . _ . . _ _ . . . . . _ . _ . _ . .