HomeMy WebLinkAbout0852 PARTIAL RELEASE OF MORTGAGE AND FINANCING STATEMENT
490096
WHEREAS, S.C.S. TARPON BAY, INC., a Florida corporation, hereinafter
referred to as "Mortgagor", by Mortgage Deed dated the 28th day of
September, 1979, and recorded in Official Record Book 317, Page 2403,
public records of St. Lucie County, Florida, mortgaged unto FIRST
NATIONAL BANK IN PALM BEACH, a National Banking Corporation, its
successors and assigns, hereinafter referred to as "Mortgagee", the
premises therein particularly described, to secure the payment of the
sum of Seven Hundred Eighty Thousand Dollars ($780,000.00) with interest
as therein mentioned, as further secured by that certain Financing
Statement recorded in Official Record Book 317, Page 2415, public
records of St. Lucie County, Florida:
AND WHEREAS, Mortgagor has requested Mortgagee to release the premises
hereinafter described, being part of the encumbered property, from the
lien and operation of the Mortgage and the Financing Statement:
NOW THEREFORE; Mortgagee, in consideration. of the sum of T~aenty Zl:ousand
One HLaYired Eighty Dollars ($20,180.00 ) paid to it by Mortgagor,
does remise, release, quitclaim, exonerate and discharge from the lien
and operation of the Mortgage and the Financing Statement unto Mortgagor,
all that piece, parcel or tract of land, being a. part of the encumbered
property, to-wit:
UNIT 301 of TARPON BAY YACHT CLUB CONDOMINIUM
H , according to the DECLARATION OF CONDOMINIUM dated
May 9, 1980 and recorded in Official Rec-
ord Book Page 133 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, dec-
lared 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 the Mortgage and the Financing Statement, and every -
part thereof; Provided, however, that nothing herein contained shall
r in anyway impair,-alter or diminish the effect, lien or incumbrance of
the aforesaid Mortgage and the Financing Statement of the remaining
~ part of the propertynot hereby released therefrom, or any of the
F rights and remedies of Mortgagee.
- -fit:
IN WITNESS WHEREOF, Mortgagee has caused these press ;
~°ntj~` toS be •t~. ~e~uted
in its name and its corporate seal to be affixed, b~~tp ~r' facers,
_
this 16th day of June 19 g0 ~
t `~.j ~.X
Signed, sealed and delivered _`~t; ~ `
in the presence of: sal)
ail .
.~~(~C~~P' FIRST NATIONAL B~1 BEACH
}~E ~ ,
r~1 L- _ By ~
Its: Executive Vice President
~uu ~ a ~ 5
tP ATTEST:
> fll~p ~E
p~~SY~~~'- Its : Assistant CBShier
. S
R~CI~T CO 5 p~
STATE OF FLORIDA f~.E~ 490096
COUNTY OF PALM BEACI~~ NE¢~~'
s t
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The foregoing instrument was acknowledged before me this 6t day of
June 19 80 , by T. L. Thornton and
..•Madelipe Garrett the Exec.Vice President and Assistant Cashier
respR~~ ~±eiy of FIRST NATIONAL BANK IN PALM BEACH, a National Banking
Corpst~at'tiona~,v~ behalf of the corporation. '
Notar Public
'f,.'~~c~1~~ - ~ Commission Expires:
'E -r .f,r, . [JOTARY Plit)ltC STATE OF FLORIDA AT LARGE
t MY CO~'.n.115'sto~+ ErPisES GEC ' ~ ~
bONDEO iNRU GEtvERAI ir~S • R ~ .
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