HomeMy WebLinkAbout2854 P11RTIe1L RI:I,1::151: U1~ tu~it'1c~n~;i:;~ ~
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W1i~RCJ1S, T'OR'1' PI~RCL C:ONS'PRUC`I'ION CORPORI~TIOt~, a P'lor. i.cla Cor~or~ztion,
mortyayox.? UY Inclen~ure o~ ~darL~~acae ~ncl Sc~cuXity 1lyxcement clatcci i:hc 3Qi:h
day ot- tiay, I~.D. 1972, and recordcd in t}ie oftice of the Cler.k oC Circui~
Cou~-t: in and for the Coun~.y of St. Lucie, State of Floricl~, on June lh, 1972,
in Ufficial Rc~cords 13ook :~03 pa~es 1~32-133(3 inclusive, as Doetiment .
t~o. 23~.692, mortgaged ~ unto 1'IRST ~~1ISC0*]SIN hl11TIOr~AL 1311tJK OF PtILWAUKI;G, ~1
national banking ~ssoc~_a~ion, duly organized and existing under and by vir~uic
of the laws oF thc United States of ~A.merica, located in Pdilwaukee, «l~COl1S111~
and assigns, mortgaye~, the premises, therein particularly described~ to
secure the payment of th~ sum of Two t~iillion Tcao Iluncired Ttiou~and Dollars
($2,200,000.00) with interest as therein mentioned; and _
WHEREAS, F'ORT PIL•'RCE CONSTRUCTIOt~ CORPOR~ITION, mortgagor, by Indenture
o~ Mortgage and Security Agreement da~ed the 23~d day of riay, A.D. 1973, and
recorded in the office of the Clerk of Circuit Court in and for the County of
St. Lucie, State of Florida, on.June 18, 1973, in Otficial Records Book 215,
Pages 1307-131~1, inclusive, Document No. 257021, mortgaged unto FIRST ~
WISCONSIN ~IATIONAL IIA~K OF ~•1IL~JAUKEE and assiqns, mortgagee, the premises _
therein particularly d~scribed, to secure the payment of the sum of One liundrecl ;
EightV Thousand Two Iiundred Collars ($150,200.~00) with interest as therein
mentioned; and
WHERLAS, under date ot riay 23, 1973, Ft. Pierce Construction Corporation
entered and delivered to the ~'irst Wisconsin National Bank of t~'Iilwaukee i~s ;
Consclidation and Spreader Agreement consolidating the_two aforementioned ~
Mort9ages and Security Agreements into a valid single first P•iortgage securing i
the principal amount of Two 2~tillion Three Hundred Eighty Thousand Two Hun~red ~
and Vo/100ths Dollars ($2,380,200.00), said Agreement c~~as recorded June 18, 19~ ;
in Ofticial Records-Book 215, Pages 1310-1323 inclusive,of the Official Recoras ~
of St. Lucie County, Florida,_ as Document vo. 257023; and
- ~~HEItEAS, the sai3 FORT PIERC~ CO'~1STRUCTION CORPORATIOy has requested the ~
said FIRST WISCONSIN NATIONAL BALVIC OF MIL~~~AUKEE to release the premises
hereinafter desc~~.bed, being part o£- ~said mortgaged premises, from the lien ~
and opera~ion o~ said t~iortgages. ~ ~ ~
NOW THEREFOR~, KNOjV YE, that the sai.d FIRST ~9ISCONSTN NATIONAL BANK OF ~
~ MILWAUKF.E ~n considera~ion of the premises set forth h~rein and of the su:*.i of
Ten Dollars ($10.00) a:~d other good and val.uable consideration to i,t paid by ;
the said FORT PIERCE COPISTRUCTION CORPORATION at the time of the execution ~
hereof, thu receipt cahereof_ is hereby ackn~c•~ledged, does remise, release, ~
qu~t-claim, exonerate and d~.schar,e from the lien and operation of sa~d mortgag~_~~
and consolidation and spreader agreement unto the said FORT PIERCE CONSTRJCTIO~I ~
CORPOP.ATION its hairs and assi_gns, all that piece, parcel or tract o~ land, ;
. being a part of the premises conveyed by said mortgages and consolidation and
sareader aqreement, to-wit: - - ~
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~or- ~ ~3 - ~D~ - ~,~p ~ F
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Agartment No. 106, CbMMODORE IV of the COLONNADE CO\'DO.IINIL~:S :~0. 8,
according to the Declarati~n of Condominium recorded in Official Records
' Book 223, pahe 864, of the Public Records of St. Lucie County, Florida, >
together with all appurtenances therefo, together with an undivided in- _
terest ~n the coramon elements and limited comman elements thereof . ~
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TO HAVE ANI~ ~O HOLD the same, with the appurtenanczs, unto the said FORT °
PIERC~ COi~ISTRtILYrI[)~t~~RPQfR1~1'I~~ON its heirs and assigns torever, freed, exon- - ~
erated and discharged.of and from the lien of said mortgages and consalidation s
and~spreader agreetrien~; and every part thereof; Pr~vided always, nevertheless, ~
that nothing herein contained shall in anycaay impair•, alter or diminish~the
effect, lien or incumbrance or the aforesa:id mortgages ana consolidation and
spreader agreement on the remaining part of said mortgaged premises not hereby
released therefrom, or any of the rights and remedies of the--holder thereof.
- IN t~7ITN~SS_ t~hERCOF, the said FIRST [~7ISCONSIN NATIONAL BAI3K OF MILWALIKLE _ ~
has caused these presents to be executed in its name, and it.s corporate seal
to be hereunto affixed, by its proper officers ther-eunto duly authorized,
this 22nd tiay of Avril . 19 75 • , ~
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