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HomeMy WebLinkAbout1149 PARTIAL RELEASE OF MORTGAGE AND FINANCING STATEMENT 490285 WHEREAS, S.C.S. TARPON BAY, INC., a Florida corporation, hereinafter referred to as "Mortgagor", by Mortgage Oeed 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 Twenty Thousand Three Hundred Eighty Dollars 20,380.00 ) 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 201 of TARPON BAY YACHT CLUB CONDOMINIUM H , 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- 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 property. not hereby released therefrom, or and©f~the rights and remedies of Mortgagee. IN WITNESS WHEREOF, Mortgagee has caused these presen. ~ .s .~acecuted in its name and its corporate seal to be affixed, bx= - ` ~~'~ficers, ~ this 6th day of June , 19 80 yyJJ;•4 Q~~~=~~~:' ,`13 Signed, sealed and delivered - in the presence of : a~ ~ `l) ( ~Jb~ FIRST NATIONAL :BEACH r ~ _ r. _ F I By: 'S Its: Executive Vice President 1980 ~ 20 ~ ~ _ F~fp ,?KC~~- ~ ATTEST ~ t r I s: Assistsat C bier STATE OF FLORIDA ~wz~ft€~~ a COUNTY OF PALM BEAD 490`85 _ 4 The foregoing instrument was acknowledged before me, tt~s, 6t ` day of June ° ~H - - . 19 80 , by T. L. Thornton _ t ~ and ape" Garrett the 8cec.Vice President = and Assiatsat Cashier respe vQfy.,, s. IRST NATIONAL BANK IN PALM BEACH, a National Banking CorpQ3C ' ~ ••b~lf of the corporation. i (SpT~ Oo0 W = +ira+l ' ` - `i ;~+~P!! S L~ Notar Public ; •'"~'•~3't~'R?t'~~~•• My Commission Expires: -~sth~nnu~'•• [~IOTAA1f PUI1K STA?E OF ElOR10A AT L/ItGE c~ 8~~ P~~47 MY COMMISSION EXPIRES OE: fO~dDEO jI:RU GE~:ERA1 i ~ , ~ . _ - . , ,