HomeMy WebLinkAbout0460 ~J t~!' ~~,b~ rV SCOTT M. KENNEY, Esquire
/ t U S~ite ?00, Citiiens Fcderai BWe, '
~ 1604 S. F~dc~al Nwy.
Ft. Pierce, Ft~. 33450 /
PARTIAL RELEASE OF ~40RTGAGE ~
KNOW ALL Mt~:N BY THESE PRESENTS, ~9hereas,
LUCILLE V. CnSTA, 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 Offi~ial
Record Book 206, Page 2585, granted and conveyed unto NEW JERSEY
R~ALTY MORTGAGE COMPANY, a New Jersey Corporation and assigns, the
preraises therein particularly described, to secure the payment of the
sum of TtVQ MILLION ($2,000,000.00) DOLLARS, with interest as therein
raentioned, 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 82I,
as modifiefl again pursuant to a Mortgage Modification, Consolidation
and Extension Agreement, dated June I0, I977. recorded ~at Official ~
Records Book 274, Page 2297, all of which recor.dings were in Public
R2cords of St. Lucie County, Florida.
A~+iiD 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~o£ the property described
in said mortgage and has requested the said MzDLANTIC NATIONAL BANK ~
to release the premises hereinafter described. being part of said
mortgaged premises, from the lien and operation of said Mortgage:
NOW 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 iC in hand paid ~
by the said LUCILLE V. COSTA at the time of the execution hereof, the
r~ceipt 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 oiece, parcel or tract of land, beinq a part of the premises
conveyed by said mortqage* to wit:
2801-E North A-1-A
The North 16.66 feet of the South 21.76 feet
of lot 2 of b lock 7 of Coral Cove Beach
Subdivision and the East 10 feet of a
vacated alley adjacent thereto on the V~st
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
~ narty 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, 1978, at Official Record Book 279, Pages 2483 - 2549-A
of the Public Records of St. Lucie County, Florida. -
*This also partially releases all apparatus, chattela and fixtures in or upon the
~80~45ty des ribed herein fran those ce~r tair~ financinq st tements wi th File Nos ;
~t d 3~0546 recordec~ at O.R-. Book 275, Paqe 723 ~ O.R. Book 275, Page .~127, ;
respectively, Pub~ic Records of ~~~~c~~~~~~~K~tori~a. 0 R ~
rworasa~owwt ~ssociw~roM / wrro~ra?s wr ur i~ q/Y ~
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