HomeMy WebLinkAbout1153 PARTIAL .RELEASE OF MORTGAGE AND FINAN~CIpN~G.S~TATEMENT
WHEREAS, S.C.S. TARPON BAY, INC., a Florida corpo~
r~~ 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 2ortgagee to release the premises
hereinafter described, being part of the encumbered property, from the j
lien and operation of the Mortgage and the Financing Statement:
NOW THEREFORE; Mortgagee, in consideration.of the sum of
Five H~a~drrad Eighty Dollars 17.580.00 ) 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 204 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. 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
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 any of the
rights and remedies of Mortgagee.
IN WITNESS WHEREOF, Mortgagee has caused these presents to be_ executed
in its name and its corporate seal to be affixed, by its officers,
this 18th day of June 19 80 - • ~
Q `~3•
i
! Signed, sealed and delivered ~ ;
~:~~~'%;q ,
in the presence of
FIRST NATIONAL B ~ NCH
• ~~if•~ ,.env • ~ By ~
Its: Executive Vice President
~o ~u~~ 20 a~ ~ ~ s
F~EO ~tEt+Q f~CORUi 0 ATTEST :
S ROGER
P~TRAS~ I s = ~sistant ashler
CtfRK C9RCU11 C '
STATE OF FLORIDA off 8R® YERIFIIEO '
COUNTY OF PALM BEA~H
The foregoing instrument was acknowledged before me this 18th.~.'day of
J e 19 80 , by T. L. Thornton and'
arrett the Exec.Vice President and AOS3sta}t. Cashier
rem - we FIRST NATIONAL. BANK IN PALM BEACH, a National:Bank3.ng
Cat' a ehalf of the corporation.
i _ ~ ~ ~ Notary Public
YFLaR~~A ~ Commission Expires:
BQ~~•J p~~i~ [JOTARY PU6lK STATE Of fIORIDA At LJ~RGE
~ MT CO!1wtISSION ExPICES DEC IJ 1983 j
IOr1D0 1NRU GE«ERAI INi , ~~.:::iW ~ ~ i5
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