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Rozett 04-23068792
PARTIAL RELEASE OF MORTGAGE ~
- 481592
KNOW ALL MEN BY THESE PRESENTS:
WHEREAS, S.C.S. TARPON BAY, INC., a Florida corpotat.ioTt, hereinafter
referred to as "Mortgagor", by Mortgage Deed dated the 28th day of ,
September, 1979, and recorded in the office of the Clerk of the Cir-
cuit Court in and for St. Lucie County, Florida, in Official Record
Book 3'17, Page 2409, mortgaged unto FIRST NATIONAL BANK IN PALM BEACH,
a National Banking Corporation, its successors and assigns, herein-
after referred to as "Mortgagee", the premises therein particularly
described, to secure the payment of the sum of Seven Hundred Sixty
Thousand Dollars ($7b0,000.00) with interest as therein mentioned:
Ai:D ti~•IIEi<EnS, Mortgagor has requested Mortgagee to release the prem-
ises hereinafter described, being part of the mortgaged property, .
from the lien and operation of the Mortgage:
j~,0_W TH$I~FO~R or gage e-, in consideration of the sum of Forty Three
~~~ln~°us~an~° Dollars 43,740.00 ) paid to it by Mortgagor,
does remise, release, quitclaim, exonerate and discharge from the lien
and operation~of the mortgage unto Mortgagor, all that piece, parcel
or tract of land, being a part of the property encumbered by the wort-.
gage, to-wit:
UNIT 204 of TARPON BAY YACHT CLUB CONDOMINIUM
A , according to the DECLARATION OF CONDOMINIUM dated
March 11, 1980 and recorded~in Official Rec-
ord Book page 950 Public .Records of
St. Lucie County, Florida; together with the undivided
share of the COMMON ELEMENTS of the Condominium declared
in the Declaration to be appurtenant thereto; together
with all appurtenances thereto, including, without limi-
tation, the right of exclusive use of those areas, spaces
and portions of COMMON ELEMENTS of the Condominium, de-
clared in the Declaration of Condominium to be LIMITED
COMMON~ELEMENTS of the Unit.
TO HAVE AND TO HOLD the same, with the appurtenances, unto Mortgagor,
its heirs and assigns forever, freed, exonerated and discharged of
and from the lien of said mortgage, and every part thereof; Provided
always, nevertheless, that nothing herein contained shall in anyway
impair, alter or diminish the effect, lien or incumbrance of the
aforesaid Mortgage of the remaining part of the mortgaged property
~ n~,r hereby released therefrom, or any of the rights and remedies of
Mortgagee.
IN WITNESS WHEREOF, Mortgagee has caused these presents to b ecuted
d b i t s ~•~~~o~. f i- -
in its name and its corporate seal to be affixe y
cers, this 31st day of March 19 80 °"~~~~Fj~
Signed, sealed and delivered ;;~:f J s- _ 3
in the presence of : (Cta~~e #eaI'~
FIRST NATIONAL BAN~y rf~~PALM_i.E~~ACI~'~
~ Q. - B y ~~~~~~~aa~.
• I t s : Bcecutive Vice President
1980 APR - I PR ~ I 0
481592 ~ Ep AIIiPEC6~ ATTEST : R
S~L~~R
~~Ra$A• I t s : Assistant Cashier
CIRE~Ii? C
STATE OF FLORIDA l~ERfl
COUNTY OF PALM BEACiilEae~DVCA~EEe_
The foregoing instrument was acknowledged before me this 31st day of
March 19 80 by T. L. Thorntoa ~^d
Madeline Garrett th ~xec.Vice President and Assistant Cashier
xAsgaecM vely of FIRST NATIONAL BANK IN PALM BEACH, a National Banking
~orporatibB,~on behalf of the corporation.
(SEAL)
. ~ Notar Public
{ .
My Commission Expires:
BQ~~ p~~~ NOTARY ?U1UC STA1i OF FLORIDA AT LARGE
t~JfrV MY COAMA(SSION EXi'IR4S L~fG 1~ is~s3
IONOEO TE1RU GENERA! I rA . u:.DE Rw p t t E Rs
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