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HomeMy WebLinkAbout0572 415~ 12 7i>:. !~+.lrum~nt is ~<<r.tc,: ~y: SCGiT'A. KE;~~tE~(, L~ 1w~e 1 . s...t~ zoo. c,~~2~~.; F~~<<~i ~~a~- ~~oo s. F~:~c~a! Nv.y. ~ PARTIAL RELEASE OF MO;ZTGAGE Ft. Pierce, Fla. 33450 ~ KNOW ALL MEN HY TNESE PRESENTS, Whereas, 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 Florida, in O~ficial . Record Book 206, Page 2585, granted and conveyed unto NEW JERSEY REALTY MORTGAGE CLI~IPANY, a New Jersey Corporation and assigns, the ~premises therein particularly described, to secure the payment of the sum of T~VO MILLION ($2,0OO,OU0.00) DOLLARS, with interest as therein mentioned, as modified pursuant to a Mortgage Extension Agreement including George A..Costa and Lucille V. Costa, his wife, dated November 26, 1973, recorded at Official Records Book 222, Page 821, as madified again pursuant to a Mortgage Modification, Consolidation and Extension Aqreement, dated June 10, 1977, recorded at Official - Records Book 274, Page 2297, all of which recordings were in Public Records of St. Lucie County, Florida. A.VD 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 MIDLIINTIC NATIONAL BANK to release the premises hereinafter described, bein~ part of said aortgaged premises, from the lien and operation of said Mortgage: NOW THEREFORE, RNOW~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 said LUCIL?~E 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 Diece, parcel or tract of land, being a part of the premises conveyed by said mortgage * to wit: 2707-J North A-1-A The North 5.95 feet of Lot 6 and the South 26.00 feet of Lot 5 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 rel.eased 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, Restrictions, ' Reservations, Easements and Protective Covenants, recorded on January 3, I978, at Official Record Book 279, Pages 2483 - 2549-A of the Public ~tecords of St. Lu~cie C~nt Flor~ic~t~es in or u *Thia also pa~rtially releases all appara us, c tt~eYs an pon the ~ property deacrfbed herein tram thoae certain financing statements with File Nos. 380545 d 380546 recorded at O.R. Boog 275, Page 23 ~nd O.R. Sook 275, Paqe 727,' respect~ely, Pub~ic Records of St. Lucie Count~, F~orida. McDOHAID. KENNRY 3 RU AKIS R ' /IIO/tfiWMAt AifOCUTtON I ATTO~M{1• AT LAM O~~ ' . ~w~ •V1T~ 200. CIT~2[Mf /[O[Ml ~UtLDINO, f000 fOVTM F[DtRAL H16NWAr, FORT PIERC[, /LORIDA 3!1!O tiLtlNONt (~O!) /~~•tO~i ~ ~ - - - - ~ "Y~"^- . . - ' ~ ~ . - ^ _ ~ - - ' ~ f~ ~'h y,.: 'C-~ ~ K Sw+ w.: ,,,r 'x. . ::x!!- ' ' ~ ~ ~ ` +5 ~~C ~ _ - . _ ~-1 _ x ' ,3~ ~ . ~'s~.:~:?~.-~~ ~z~~~