HomeMy WebLinkAbout0249i
PARTIAL RELEASIi OF MORTGACE
KNOW ALL MEN BY TN~SF. PRESENTS: S10'7'74
WHEREAS, S.C.S. TARPON BAY, INC., a Florida corporation, hereinafter
referred to as "Mortga~or", by Mortgage Deed dated the 28th day'of
September, 1979, and recorded in the office of the Clerk of the Cir-
cuit Court in and for St. Lucie County, Florida, in Official Record
Book 317, Page 2409, mortgaged unto FIRST NATIONAL BANK IN PALM BEACH,
a National Banki~g Corporation, its successors and assigns, herein-
after referred to as "Mortgagee", the premises therein particularly
described, to secure the payment of the sum of Seven Hundred Sixty
Thousand Dollars ($760,000.00) with interest as therein mentioned:
AND WHEREAS, Mortgagor has-requested Mortgagee to release the prem-
ises hereinafter described, being part of the mortgaged proper[y,
from the lien and operation of the Mortgage:
NOW THEREFORE; Mortgagee, in consideration of the sum of SiXty ThOU-
sand and 00/1COths Dollars ($ 60,000.00 ) paid to it by Mortgagor,
does remise, release, quitclaim, exonerate and discharge from the lien
and operation of the mortgage unto Mortgagor, all that piece, parcel
or tract of land, being a part of the property encumbered by the mort-
gage, to-wit:
UNIT ~ of TARPON BAY YACHT CLUB CONDOMINIUM
A, according to the DECLARATION OF CONDOMINIUM dated
March 11~ 1980 ; and recorded in Official Rec-
ord Book 327 , page 950 , Public Records of
St. Lucie County, Florida; together with the undivided
share of the COr1MON 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 COriMON ELEMENTS of the Condominium, de-_
clared 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 said mortgage, and every part thereof; Provided
always, nevertheless, that nothing herein contained shall in anyway '
impair, alter or diminish the effect,'lien or incumbrance of the
aforesaid riortgage of the remaining part of the mortgaged property
not hereby released therefrom, or any of tl~e rights and remedies of
Mortgagee. •
_ -,~X~.:_. ~'~.
IN WITNESS WHEREOF, Mortgagee has
in its name and its corporate seal
cers, this ~~~j day of Dece
Signed, sealed and delivered
in the presence of:
~•
~ ` ~ ~ r/ ` vc - ~~-~~lil
STATE OF FLORIDA
COUNTY OF PALM BEACH
caused ~ these presents ~''~`jS1e u ed
to be af f ixed , by -i~; Q''~ .p~ti~d~~~ ~
mber , 19 80 • ?'~ , ,
' .,lJt f ~ /,: .~~-y,
~ -~ ..
i ~ ' ~,,yt,
% ~ ~ .. ~ : .
! +
~• y `
C ~ ~p o?z~ ~'~ s~~2~
<< ~ti•. ~ . y .~/•, ~ ,
FIRST NATIONAL BANIC: ~f ~I."B$ACH
~~
s y . .~, s -- ~
I t s: ~ecutive Vice President
ATTEST: ~~
Its: Assisteat Cashier
The foregoing instrupoent was acknowledSed before me this 15th day of
December _. ,~19~~, by T• L• Thornton and
the Exec.Vice Presiden~nd Assistant Cas~g~
r~,p~~3~eX~r ~.o~. FIRST NATIONAL BANK IN PALM BEACN, a National Banking
Ci~,~l~~{g~~~hy=on behalf of the corporation.
~ ~ ~!
~t~ ` "' ~ Y~~=~-~ ~ 510'7'74
~ =f= -
~ L ~ "• : ~r, =
~- ~~ ~~ 3~ti ~", `? 1980 DEC I 7 A!t ~ 09
~`•,~ - 1t
~ pF'~:. . ...~•~~ FILEO ~-NC' FfCORtlFO
, , r(~~~c ,~ '~ ST IUCff COtlNTY.FIA_
~ ~ ER POITRAS
~:R 345 Pb~E 248
BOOK
~.
~~~P _. ~
~~t CIRCUIT CCtJR~~ -
~ ~ ~ r ~,y~
REeoaa ~~rF.- r~.. - ~~ o
_.
DJ
No a y Public
My Commission Expires:
[JOTA~Y PUBUC STATE OF iIOR I DA AT U~GE
Mr CON~MISSION ExPIRES OEC Is Iv83
~3NQ~0 iNRU GFr, ~ .~ , „ ,, _t: z Nk1 tFQ~
~ ~
*-~
-•- -- ,~_ ~~~ - ~~:~