HomeMy WebLinkAbout2850 J l,!(lljl; /1l~ ltl'.L'',fl:~l: V1' f'illlCll~/\l~l;:~ ~S .
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KNOW .'1I:L M~P7 I3Y TI1~SI' PI2I~. ~I• N TS :
WIIrRL'F.S, 1~ORT PII'.RC1. CONSTRUCTION COItPQIt11TI0i~, ~Z I'lor.icla C~r~oration,
mortcj~zqoT-, l~y Inclunture of rdortc~ac~e <-~ncl Sr.curi~y l~circement c1aL•eci the 30th
<lay ~~f rl;iy, U. 1972 , and 'recorded in tlie ot tice of tllC' Clerk oL Circuil•. ~
~oti~-t i.n ~nd tor ~he C~un~y of St. I,ucic~, State of Flor.ida, on June '19, 1912,
in Of.i~~.cial Records 13aok 203 ~ac~es 133~--13"st3 _inclusive, as Doc~~ment
No. 237.G92, ntortgac~ed unto Fir.sT WISCON~IN riATZOr»L 1311NK OF I~IIL~VIIU}~L•'E~ a .r
national ban}:i~uJ associai~ion, duly organi~ed and exis~S.nq unaer anci by vir~ue ,
of the laws ~f the United Sta~es of 1lmerica, located in Milwauk~e, ~Jisco~isin, '
and assigns, mortgagee, the premisc~s thcrein particularly described, ~o
secure the payment of the sum .of Two Million Tcvo Ifunclred ~nc~usand Dollars
($2,200,000.00) wi~h in~erest as ~hexein mentioned; and ~
WII~R~AS, FORT PIERCr CONSTRUCTION CORPORATION, mortgagor, by Indenture
of Mor~gage anci Security 1lgreeme~it dated the 23rd aay o~ rlay, A. D. 1973, and '
recorded in the oFfice of the Clerk of Circuit Court in and tor the County ot• ~
St. Lucie, State of Florida, on June 18, 1973, in Of£ic.ial Records IIook 215,
Pages 1307-131.4, inclusive, Document No. 257021, mortgaged unto FIRST ~
WISCONSIN NATIONAL BAVK OI' t•SIL~JAUKE~ a id assigns, mortgagee, the premises
therein particulariy dzscribed, ~o secure the payment of the sum of One Hundr.ec: ~
Eight~ Thousand Two Hundred Dollars ($150,200.00) with intPrest as therein ~
mentioned; and~~ - • - t
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WHEREAS,•under date of May 23,.1973, Ft. Pierce Construction Corparation
enterecl and delivered to the rirst Wisconsin National Rank of i~lilcaaukee . its
Consalidation and Spr~ader Agreement consolidating the two atorementioned }
Mortgages and Security Agreements into a valid single first ;•iortgage s~curing #
the principal amount of Two hiillion Three Hundred Eighty Thousand Two Iiun:~re3 ~
• and vo/lOQths Dollars ($2,380,200.00), said Agreement was recorded June 18, 19;- ~
in Offa.cial Records Book 2-15, Pages 1316-1323 inclusive,of the Official R~cords ~
of St. Lucie County, Florida, as Document No. 257023; and ~
WHEREAS, the said FORT PIERCE COIdSTRUCTION CORPOR~1TIOy has requested the 3
said .FIRST ir1ISCONSIN NATIONAL B~'~NIC OF riIL«AUKEE to release the premises 4
hereinafter described, being part of said mortgaged premises, from the lien. ~
and operation ot said ?fiortgages. . Y
?v0~4 THERE~'ORE, KNOj~ YE, that the said FIRST j~]ISCONSIN VATiONAL IIAyK. Or ?
AiILt~TAUKFE in consideratiar_ of ~ the premises set ferth herein and of the sum of £
. Te:~ Dollars ($10.00) and other good and valuab.le _consideration .to i,t paid by =
th~ said F02T PIEi~CE CONSTRUCTION CORPO£tATION at the time of the execution ~
~.~hereof, the rece»t whereof is hereby acknowledged, does.remise, release, ~
quit-claim, e~conerate and diseharge ~rom the lien and operation of saicl mortgagc.;
_ an~-consolidation,anc~ spreader agreem~nt unto the said FORT.PIE~2CE CO~STRUCTIO~: ~
~ CQRPORATTON its heirs and assigns, all that piece, parczl or tract of land, i
being a part of the premises conveyed by said mortgages and consolic~ation and ;
~spreader aqreement, to-wit: , ~ ~ ~
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Agartment No. 104. COMN~Di)RE IV of the COLOh`NADE CONDOriINIU.iS N0. 8, ?
according to tr.e D~clararion of Condominium recorded in ~ff icial Records
~ Book 223, pahe 864, of the Pablic~Records of St. Lucie County, F~orida,~ - 3
~ tog~ther with all appurtenances therefo, together with an undivided in- ~
~ terest in the common elements and limited common elements thereof _ ~
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TO HAVE AN~ TO HOLD the same, with the appurtenances, unto the said FORT ~
PIERCE COi~ISTRU~TtIO~t= CORP,~R11mIOw its heirs and assigns forever, freed, exon- ;
erated and dischart~c~'og'~ from the lien of said mortgages and consolidation ~
and spr_eader agreement, and every part thereof; Provided always, neverthelessj 1
that nothing herein cpntainec~ shall in anyway im~air, alter or diminish the
effect, lien or incumbrance.of the aforesaid mortgages and consolidation and
~ spreacler agreement on the remaining part of said mortgaged premises not hereby
releas~d therefrom, or any of the rights ancl remedies of_the hulder thereof._
• IN t•7ITN~SS t•~HER~OF, the- said FIRST WISCONSIN N~TIONAL IIANK OF MILWALII:~E ~
has caused these present~ to be executed in its name, and its corporate seal ~
~o be hereunto affixed, by its proper officers thereunto duly authorized,_ {
. this 21st clay of Auril 19 75 '
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