HomeMy WebLinkAbout1145 rwxr1AL xxLEASE vF MORTGAGE AND FINANCING STATEMENT ~
490283
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 ($780,000.00) with interest
as therein mentioned, as further secured by that certain Financing
Statement recorded in Official Record Book 317, Page 2415, public
records of St. Lucie County, Florida:
AND WHEREAS, Mortgagor has requested Mortgagee to release the premises
hereinafter described, being part of the encumbered property, from the
lien and operation of the Mortgage and the Financing Statement:
NOW T EREFO tgagee, in consideration.of the sum of_Seventeen Thou-
sand even ~i$~yrd Dollars 17,780.00 ) paid to it by Mortgagor,
does remise, release, quitclaim, overate and discharge from the lien
and operation of the Mortgage and t e Financing Statement unto Mortgagor, -
all that piece, parcel or tract o land, being a-part of the encumbered
property, to-wit:
UNIT 303 of TARPON BAY YACHT CLUB CONDOMINIUM
g , according to the DECLARATION OF CONDOMINIUM dated
May 9, 1980 and recorded in Official Rec-
ord Book 332 Page 133 , Public Records.
of St. Luc
Ceiuc
ounty, 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- 1
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 ~
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
rights and remedies of Mortgagee.
i
IN WITNESS WHEREOF, Mortgagee has caused these presents tp ~e.,e~Cecuted
in its name -and its corporate seal to be affixed, by i;~~•~i_:o~,~';tpfficers, i
' this 4th day of June 19 80 . .r `
Signed, sealed and delivered - ~ : J x -
in the presence of : ~ - St~l)
_
I p( FIRST NATIONAL B ~~'B~ACH
~
• iii;~,r'~~~.G ~ ~
By• ~ _
3
Q1 Its' LScecutive Vice President
~ 1980 ,lUti 20 ~
51
E~~~~j~is ATTEST: `
a~~Wt ~ ~ Its : Assistant Cashier
_ ~tt?c
s STATE OF FLORIDA REC~ae,rt~nf~ira_- ~
COUNTY OF PALM BEACH 490283
The foregoing instrument was acknowledged before me this 4~. day~of
P _ 19$Q, by T. L. Thornton and
.a`' • f ine Garrett the Exec.Vice President and Assistant Cashier
` re. er"y=: FIRST NATIONAL BANK IN-PALM BEACH, a National Banking
~ Cp~~~~~'~.S;A~behalf of the corporation.
~ooa ~ p
~ ~ g No a y Public -
,r~/-
~s~;~p My Commission Expires:
t BOOKJJ~ ~~F3:143 NOTARY PiJdIIC STATE a RORIDA AT URGE
MY COhv~ISSICxd ExPIRES CK 1• iv~3
tONDEO TtlkU Gct; RAt I t.. , _ ,
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