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WHEQfAS, LUCILLS V. COST~1, INC., a Florida corporation , mortys~or ,
GKJsMurt of Morl9ag~ bea~ing date th~ 2 0 t h day of Ma sc h ,~D. 19 7 4~
and noord~d in tla ofFice of the Clerk of the Grcuit Court in and For ths County of s t. Luc ie ,
Sta1~ of ilorida, in Ofiicial Records 8ook 2 2 5 , Page S 80 , awrt9a9ed uota
81?NKERS TRUST COMPANY, a New York banking corporation and assi9r?s~
na~t~a9ee , Ihe premises therein pa~ticulirly desmbed, ~o secw~ tl~ paymero of ths sum of ~
FOUR MILLION SIX HUNDRED THOUSAND AND NO/100---(54,600,000.00}-Dollars, ~
wilh inte~esl as Ihe~ein mentioned: .
WHSREAS. PROTEAN INVESTORS, INC.,'a,New York corporatio~, is the ~
present owner•of the property.encuaibered by the aforementioned , ~r
aortgaget ~ -
AND WHEREAS, the sai~ PROTEAN INVESTORS, INC. - ~ I~ag
~p~~ested II~e said BANKERS TRUST COMPANY b release iJ~e premises ?
berei~aNer desaibed, being. part of said mortgaged premises, from th~ lien"and operation of said Mortgage:
NOW THERffORE; KNOW YE, Tlwt fhe said BANKERS TRUST COI~IPANY
as weq in consideralion of the premius as of ~he ~sum of
TEN DOLLARS ($10.00) and other qood and va2uable consideration ddla», !o it
piid the said PROTEAN INVESTORS . INC
~ al fhe fnne oE the execution hereof, the receipi whereoi is hereby adcr~owledged, does remise, ~elease, quit• ~
dain, exonerale and diuharge from the lien and operation of said mo~tgage unto-the said PROTEAN
, INVESTORS, INC.-; it successors. - ~r~ ~g~,
s4 tlwt piere, parcel. or tract of land, being a pa~t of the premises oo~veyed by said mortgaye, to-wit:
Condominium Unit No. 503 of SEA PINES TOWER ~
' CONOOMINIUM, accordinq to the DeClaration of `
Condominium thereof dated the 20th day of December,
• 1977, recozded in Official Records Book 280, at ~ '
Page 2622 et. seq., of the Public Records of St.
Lncie County, F2orida; toqether with all the
appurtenances thereto, all accordinq to the said
Declaration of Condominiua? and Exhibits attached _ ,
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This Partial Release shall also release the above Condominiur~ Uni~ ~
from the Financing Statement recorded in ORB 225, Paqe 590, of the.
Public Records of St. Lucie County, Florida; and Modification of
Mortgaqe recorded in Official Records Book 237, Paqe 1136, Publi~c ~
Records of St. Lucfe County, Florida. ~
TO HAVE AND TO HOID the same, with the appurtenances, unto t{~e said PROTEAN
INVESTORS, INC its successors bsirs and assigns forever, freed,
exonerated a~d disd~a~ged of and trom the lien of said mortgage, and every paM the~eof; Provided always,
eevertheless, that nothing herein contained sha4 in anywise impair, a{ter or dminish tf~e effed, tien ot incum•
~ance of the aforesaid Mortgage on fhe ~emaining part of said mortgaged premisett not herehy released
d~erefrom, or any of the rights and ~emedies of the holder thcreof.
pV WITNESS WHEREOF, the said BANKERS TRUST COMPANY
has ca~ued these presents to be executed in its name, a~d its corporate seal to be he~unto afFixed, by its
proper officers ~hereunto du!y authorized, this J~"~'-`' dsr oi ~\~~,,~..cJ~. A~. i9 7~
SiQned, seal and deliver in f of: HANKERS TRUST COMPANY~~e ~
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~~~M 11 New Yvrk Bankinq Corporation
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y U Atlested by.. !~l - ' j•. `~~"f. ~
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ER POiTI{AS , f`r_-.~,:~~;' :,'ti_; ~''f~`.~. .
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~ttc#c of NEW YORK J'•,N I IO 1 S AH ' i.- :~t . y' ~
~outdg pf NE6i YORK . -
4Q5496 -
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c~ ~cre6~ ~ertifp. that on ~his day, b~For~ n», an of(K~? duh? m,tlwra~d ~n th~ S~a~~ sed Cowitr sEor.~ssid'.iQ~t~Ei,. :
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. acI[nowltdgemeMs,~so~llr,~~~.d John H. DiConza and W.Douglas ~at4pgan•:.,- ~_I ~
Ass . ~reas. ~ ~ ~ ht i • • E
w.N k~wwn 1o me ro b. rh. x~~,~,d As s' t Z'ress . ` ` • : ~
~+sp~ctiv of tfiscorpo~a~~.. - ;
parlisUr ~ekasing tfw morfgsga dsscrib~ ie tho (or~going inslrum~nf, snd Iha~ ~I~sr ssve~alfr ackea_w~g~¢ ~~epip~ ~
sam~ in Ih~ presence o( two subxri5~nq witnosses (roefr and vdun~arilr unda~ aufhorily dulr v~sfed~n~ br s~;~ ~o~pa,;
~ation ~nd ihat 11w s~al afliaed thor~to is 1he trw cwporat~ sea! 01 said corpa~~ion,- ?i
~i ~ .~1Y .a'.
~litutss my har,d ar~d o((icisl seal in ~ tounh? and St~~ lasl af e~ id ~his 1 t ~,y ~ March'` .;~,0. p~~
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r~.•- E.pt:es Mor_'i 30. ~ gilun~~/J f'AGl 1
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