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PARTIA~. RELEABE OF MORTl3AQE ~~?~/C,] RAMCO FORM 41
1pY CORPORATION!
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~tnotro ~11 c~;~ert ~l~ese ~re$eiit~:
WHERE,~S, B. D. B. DEVEL~PM~NT CORP a rl orida cor~oration , mortgagor ,
by Indenture of Mortgaye heuring date 1he qth day of June , A.D. 19 73,
anc~ ncord~d in the office of the Clerk of tho Circuit Court in and for Ihe County of S t. Lu~ i e ,
~ ' State of Florida, in Offiaa) Records Aook 215 , Page gl , mortgaqed unta ~{ous ing _
Investment Corporation of Florida a Florida corporation and assigns,
monga ee , the p~emises iherein particularly desuibec~, to secura the payment of Ihe sum of TWO Mi I 1 i on
_ Two E~undred Twenty Nine Thousand ~ight Iiundred y~ an ~ ~ollars,
wilh interest as therein mentioned: _ ~ ~ ~ ~ ~ L ~ ~ 8~ ~ • ~ ~ ~ ~
*and re-recorded at J.R. Book 216, Page 1, and amended and recorded ~
at O.R._Book 237, Page 1116,
AND WHEREAS, thcsaid B,D.B, nevelopment Corp.-----------------~____ ha S
requested the said Hous~ng Investment Corporati~n o~ Floridato release the premises
hereinafter described, being part of said morigaged premisas, fram the lien and op~ration of said Mortgaga:
hlOW THEREfORE; .KNOW YE, That rhe said Housing Investment Corporation of Flo •i
. ~ as well in consideralion of the premises as of the sum o~
Fifty Four Thousand Five Hundred Nine ($54,509.00) dollars, to it
paid by the said 3.L~.B. Development Corporation -
~ at the time of the execution here~f, the receipt whereof is hereby acknowledged, does remise, release, quit-
_ daim, exonerale and discharge from the (ien and operation of Said mortgage unto the said -
B. D, B. Development Corporati.on heirs and assigns,
~i! tha'~ ~3i°v~8~ pares! or trad of land, being a part of the premises oonveyed by said mortgage, tawit:
~ -Unit C of Tract 3 of VILLR DEL SOL, INC., A CONDOhtINIUAi, according
- to the Plat thereo~ recorded ~in Condominium Book 1, Pages l, and
- according to the Declaration of Condominium as-recorded in O.R.
Book I82,_ Page 1323, of the Public Re~ords ~of St. Lucie County,
~ Florida, as a~ended and supplemented of record9.togexher with an `
undivided share in the common el~ments appurtenant thereto, _
This~release further releases the abovP described property from the .
lien of Security Agreement (UCC-1 Form) r-ecerded in O,R. Book 215,
at Page 843, the lien of Security Agreement (UCC-1 Form) recorded
at O.R.-Book 237, page 1128, ~ - . ~
. ~5 - ~D/-DOa7 -~oo%~
TO HAVE AND TO HQLD_ the same, with the appurtenances, unto the said ~
- B. D. A, Development Corp heirs and as~igns forever, freed,
exonerated and discharged of and from 1he li~n of said mortgage, and every part thereoF; Provided always,
nevertheless, tl~at nothing herein contained shall in anywise impair, alter or diminish the `affed, (ien or incurn-
brance of ihe aforeaaid Mortgage on the remainin4 part of said martgaged premises not hereby releasea
_ thereFrom, ~r any of the rights and remedies of the hol~er thereof. . - ~
1N WITNE55 WHEREOF, the said Housing InvES~ment Corporation of F1or~~~E~~:~:--:
~ 11 11~ / F r't ' ~
- h~s caused these presenfs to be exetufied in ifs name, and its cor rate seal b be hereunto •a j'~~,
P°
pro p er officers thereunta dul y authorized, tf~is da y of J u n e .T# i,
c~'Q,~:;~4:`~~a? '
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. Signed, sealed and delivere ' the presence of: _ - ~Qt~r~td 5Ea1~'~;; .
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- ~ ~ HOUSING INVESTAiEN ~y ~ AI} :
_ , - - . . . . • .
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- q t K CiP.CU1t C4UaT ~ Attested by ~-`-~,f-_~
~te af FloridaR~~~~ERifiE4_----° - Assi a ci^~t~ry
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(Suuntg a# Dade ~ g 3 15 ` M - - - ~
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~ ~~ere6~r flTertif~, thal on ihis day, belore me, an ofFicer duly authorized in the Sta1e and County aforesaid to take
acknowled~ements, ptrsonally appeared E. Al l en Hathaway and Otto Regal ado
well known to me to be )he _ vl C@- President and AS51 S tdll i S@C1^2t~1"y ~ respectively ~f the corporatian
pariially releasing the mortga9e ~scribad in ihe foregoing instrumenf, and that they severally acknowladgtd executing th+s
same in the presenee of two subsuibing w;tr.esses freelr and voluntariiy under autF~rity duly vesiec~ in them b o-
. ration and that ihe seal affixed thereto is Ihe true corporate seal of said corporetion. ,~~~Aj ~~1'j!~
_ ~ihtPSS my hand and official seal in the County and State last a(oresaid `s f~' day oF J ~i
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7%ri~ Il1Jlf!/l11f11/ rc~ nr«! h - . . . ~ • -
- _ _ ~ p ~ t~ls Instr,:,,~ent vtas prerared b/ i~ ~1
_ GAViD n_ .';.:{i°31i~ N~If1l~~ ~IJ~~jri, 3TATE M FLORIQA et U I
r~r~r~tr:~r ATTOR?~~ Y AT LA1"F ~Y L~~4:1~SSlOff EXPtRES fdAR 2l, 1977, ~1i~~~~ ~ _
800K ~4V PAGE~~~J a,si Po ~EO~ B~~•~. ~~~1 u~e~~~«,,
Got~i Gab.es, Flarida 33146 _ -
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