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HomeMy WebLinkAbout2105 ~ ' THIS (NSTRUME~~T PREPAR~D 8Y: ~ , ROBE,~T Pti. LI.OYO, ESQU I RE P.~U. ~nX 1?70 ~ ~ FORT ~IERCE, FLORIDA 33~~50 PARTI~IL R~LEASE OF I~lORTGAGE ~~~~~A ~c ~ wz~~~~ssr~ri : ~ ~ ; ; ~ ~~TfiEItEAS, LUGZLI,~ V. COSTA, INC., a I'lorida corporation, con- ~ .veyed to NEW JERSEY REALTY hiORTGAGE COI~IPANY, a New Jersey corpc~ration, ' hereina~ter referred to as Mortgagee, certain real property in St. ~ Lucie Coun~y, Florida, as securif:y`for a$2,000,000.00 loan as } evidenced hy that certain mortgage deed da~ed September 2£3, 1972, - ~ and recorded October 3, 1972, in Official Record I3ook 206 at page ; 2585 of the publi.c records of St. Lucie County, Florxda; and = 4 _ WHEREAS, said mortgage deed has been modified by a mortgage _ ? . extension agreement dated November 26, 1973, and recorded on _ ~ _December 28,.1973, in Official Record Book 222 at page 821 of ~ the pub lic records of St. Luci.e County, Florida; and. ~ - ~~Tf-iEREAS, Ne~v JeYsey Realty Mor~gage Company did assign the ~ - - aforesaid mortgage to riidlantic Na~ional Bank formerly National . Newark and Essex -Bank by assignment dated Au9ust 22, 1973 and recorded on Apri 1 10, 1975 - in the Officiai Record Book 23$ at page 1051 of the public records of St. Lucie _ _ County, Florida; and ~ ~ . ; _ . - ; WFiEREAS, LUCILLE V, C4STA is now the owner.and title holder ~ _ of record of the aforementioned mortgage.seeu?-ity; and ~ - F . - - ? _ _ t ~ ~v'HEREAS, the said LUCILLE V. COSTA has requested the mort-~ i gagee~.to release the premises hereinafter described, being part - ~ of the mortgage premiszs, from the lien anc~ operatiori of said ~ mortgage. - i _ F ? NOW, THEREFORE, in consideration of the premises as well ~ as the sum of $$25 L000.00 in hand paid, Mortgagee does ~ ~ hereby remise, release; qui.t claim, exonerate and discharge r . from the lien and operation of said~mortgage the following des- - - cribed land, being part of the mortgage premises: _ 2 ~ - /~as - ~o~ - ooo,? - ooo/y - ? Lots 1 through 20, Block l,-and the South 10 feet of ~ j vacated alley lying Northerly of ar.d adjacent-thereto, - ` CORAL COVE BEACH, SECTION ONE,~according to the plat f thereof recorded in Plat Book 11 at pages 30A and - , 30B of the public records of St. Lucie County, ~'lorida. . . ~ - TO HAVE AND~TO HOLD the same, with the appurtenances, unto ~ _ the said LUCILLE V. COSTA, her heirs and assigns forever,-freed, . ~ ~ exonerated and discharged of and from the lien of said mortgage ' and every part thereof; provided alwdys, nevertheless, that ; =nothing herein contained shall in any~vise impair, alter or _ diminish the etfect, lien or encumbrance of the aforesaid mort- ; _ gage on the remaina,ng part.of said mortgaged premises not hereb_y : ~ - released therefrom, or any of the rights and remedies of the ~ holder thereof. - IN WITNESS j~7HEREOF, riortgagee has caused thesa presents " to bz executed in its name, and its corporate seal to be here- ! un:o affixed;_by its praper of~icers thereunto duly authorized,. ~ ~his day of 1~l , 1975. s,~.;•;,t~r • ~ L, - _ _ = %s~., ~ ` Signed, sealed and delivered MIDLANTIC NATIONAL BANiC~ ""i`~ ~ in the pre sence of : - - ' ~ ~ ~ ~ ' ~ _~.~I' , y~.~2 . ' ~ y _ ~J L~_ L ~ ~ ~YT.t:.L~C~ ;~~~~iL By• , .~~~~r - ~ _ - Desmond P. McDonaLd . ~ _ , G~`. , ~ _ . Executive Vice Preside~t~Q~k; ' ~ ~ f _ % ~~`R ATTE ~ ~ ~ - - 600K~~~ PAGE~~UO 'Q~~~C !C _/"CC'~J~~lz.~„ ~ S . _ ; - - } , - ~ ~