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PARTIAL R[L[AiE OF MORTGAO[ RAMCO FORM 41
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~trfi~tl ~~l~~t~~e ~~r~t~~~e
~tno><v ~U ~~en theseresents:
WHEREAS, VALUE PROPERTY CORPORATION, a Florida corporation ,mortgagor ,
by Indenture of Mortgage bearing date the 28th day of August , A:D. 19 79,
end recorded in the office of the Clerk of the Circuit Court in and for the County of S t . Lucie ,
State of~Florida, in Offiaal Records Book 315 ,Page 2560 ,mortgaged unto QUEENS COVE
PROPERTIES, INC. a Florida corporation and assigns,
mortgagee ,the premises therein particularly described, to secure the payment of the sum of SEVEN
HUNDRED TWENTY THOUSAND AND no/100 --.($720,000.00) Dollars,
with interest as therein mentioned:
AND WHEREAS, the said VALUE PROPERTY CORPORATION has.
requested the said QUEENS COVE PROPERTIES , INC . to release the premises
hereinafter described, being part of said mortgaged premises, from the lien and operation of said Mortgage:
NOW THERffORE; KNOW YE, That the said QUEENS COVE PROPERTIES , INC .
as well in consideration of the premises as of the sum of ,
THIRTY-FIVE THOUSAND AND no/100 3 S , 000.00) dollars, to it
paid by the said VALUE PROPERTY CORPORATION
at ?he time of the execution hereof, the receipt whereof is hereby sdcnowledged, does remise, release, quit-
daim, exonerate and disdtarge from the lien and operation of said mortgage unto the said
VALUE PROPERTY CORPORATION, its successors ~6ims and assigns.
all that ~.iece, parcel or trod of land, being a part of the premises conveyed by said mortgage, to-wit:
Lot A, Block 23, QUEENS COVE UNIT TWO,~as per plat
thereof as recorded in Plat Book 20,.Page 6 of the
Public Records of St. Lucie County, Florida.
45100
. 190 r ~?Y - I PIS 2 25
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CIERK Clit;,WT C T
f:6f.".tom t'F~'F iC"-._.
` TO HAVE AND TO HOLD the same, with the appurtenances, uNo the said
VALUE pROpERTY' CORPORATION , its successors IlQ1[~cand auigns forever, freed,
E exonerated and d'isd?arged of and from the lien of said mortgage, and every part thereof; Provided always,
' nevertheless, that -nothing herein contained shop in anywise impair, alter or diminish the effect, lien or incum-
brance of the aforesaid Mortgage on the remaining part of said mortgaged premises not hereby released
therefrom, or any of the rights and remedies of the holder thereof. .,;_t~,
IN WITNESS WHEREOF, the said QUEENS COVE PROPERTIES, INC. ;~',•i,~S~;_•..~ : j,,~~,
t has caused these presents to be executed in its name, and its corporate seal to be hereu >>~i~cpc~ ~3' _
proper officers thereunto duly authorized, this 2 9th ~ day of Apr i 1 ~~.~'j..19 „ ,
Signed, sealed and delivered in the presence of: :zT
.t , s ate;.=i'
. ~ _ _ QUEENS_ .COVE. PROPER - w
.r
.
Al x B . C dens President.
Attested ~_c~~-.~ _ _ _
~teof FLORIDA Shirley JI Car enas,Secy.
x
(bauzd~ of MARTIN _
~erebR (~irrtifu, that on this day, before me, an officer duly authorized in the State end County aforesaid to take
acknowledgements, personally appeared Alex B. Cardenas and Shirley J. Cardenas
i -
well known to me to be the President and Secretary respectively of the corporafipu., ;
t partially releasing the mortgage described in the foregoing instrument, and that tl+ey severally acknowledged exesuf' _ ~"l~s
same in the presence of two subscribing witnesses freely and voluntarily under authority duly vested in them by_.. J~i
~ J ~ ;
ration and that the seal affixed thereto is the trw corporate seal of said corporation. r~ , _ ; .
~hhtess my hand and official seal in the County and State last aforesaid this 3 ~-t1?day d April '~P ~j"~''
IIR P~E1607 _
BOOK Notary Public ~ • 1
7%~~ 1?~S/rtinu•»/ pprr pored 6yy: _ .
S. J. CarSenas,Queens Cove Properties, Inc. rn,~3o~~ri+
! ~ ~'olorado Ave., Stuart, Florida