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HomeMy WebLinkAbout2858 1't11t1 .ll~l~ lCl;l~l;ll:~l. Vi' 1`1l1LCl.l~/11,1'.7 ( l% xNOw nt.L r•~cia i3Y TfiL•'Sr PI31.s~:t~ms : ~~1~ c~~~ WHERLIIS, I'ORT PT1:12Cr CONST]2UCTION CORPORIITION, a I'loricl~ CO1~~01"~1l:lOI1~ mort.c~agor, Vy Indenture o~ tdorL-gac~e anci Securi~y 1lyreement ci~ted ~hc ~i0~h day oF t-iay, ~1.D. 1972, and recordecl in the office of ~lie Cler.k oE Cii:cuit Caurt i.n and f~r the Coun+~y ot St. Lucic, Sta~e ai. 1'lorida, az :tui~c 1~, .1~72, in affieial Rc~corcls I3oa~: 203 pages 1332-133t3 iRClusive, as uocument No. 231G~2, mortgac~cd unto I'IkST [VISCONSIN N1ITIOP~AL 13ANK Ol' t•1II,WAUKG~, a . ilatio~ial b~u~}:iiic{ assacia~ion, duly organized anc~ existing u?~iZer ~nd by virtuc of the laws af .t.he Ui~itecl S~ates of ~lmerica, locatecl i.n idilwaukce, tVisconsi~t, and a~signs, mortgagee, the premis~s tlierein par~icularly described, to secure the paymen~ oE i:he sum oF 2'wo Millioi~ ~ o IIundred Thousand Doll.ar ~ ($2,200,000.00) with in~erest as therein mcnt-ion~d; and ~ WHEREA5, FnRT PIERCE CONSTRUCTION CORPOFt~1TION, mor~gagor, by Indenture ~ of riortgage and Securi~y 1lgreement dated the 23rd day of I+~ay, A.D. 1973, and recorded in the otfice o~ the Clerk of Circuit Cour~ in and for the County of St. Lucie, State of Florida, on June 18, 1973, in vfficial Records-Book 215, ~ Pages 1.307-1314, inclusive, Document No. 257021, mortgaged unto FIRST 2 ~ WISCONSIN NATIONAL BI~~IK OF riIL[~AUKEE anc~ assigns, mor~gagee, the pren;ises ~ therein particularly dzscribed, tv secure the payment of the sum of Oiie fIundrec~ ~ Eighty ~housand Two Nundred Dollars ($180,200~00) with interest as therein ~ ~ men~ioned; and ~ ' ~ ~ ~ . ~ ' WI~EREAS, under date of May 23, 1973, Ft. Pierce Construction Corporation t entered and delivered to the First Wisconsin National Sank of-Milwau};ee its ; . Consolidation and Spreader Pgreement consolidating t~ie two aforementioned ~ biortgages and Security 1lgreements into a valid single First i•lortgage securing ~ the princi~al amount of Two Million Three Hundred Eiqhty Thousand Tc•~o liundre~~ i and No/100t1;s Dollars ($2;380,200.00), said Agreement was recorded June 18, 197 ~ _ . ~ in Official Records ~ook 215, Pages 1316-1323 inclusive;of the Official Records ~ of St. Lucie County, Florida, as Document No. 257023; and - _ ~ ~ - x Ir1~IEjtEAS, the said FORT PIERCE CO2~STRUCTION CORPORATION has requeste1 _the said FIRST WISCOP:SI~t NATI~NAL BANK OF I+iIL~~AUKEE to release the premis~s i _hereinafter descr_ibed, being paYt of said mortgaged premises, from the Zien ~ and operatio;, of s,. id tiortgages . , - ; . 3 f - NO~~1 THEREFORE, hNO~~I YE, that the said FIRST L~IISCONSIN i~ATIONAL BANh OF ~ -M~L~aavxEF in consideration of the premises set f~rth herein and ef the s~~m o~ ~ Ten Dollars ($1Q.0~) and other good and va~uable consideration to i,t paid by the said FORT PIERCE COySTRUCT~ON CORPORATZJN at the time of the execution ~ . hereof, the receipt c•~hereof is hereby ackno~aledged, does remise, release, ~ quit-claim, sxonerate and discharge frnm the lien anci operation of said mortgag~ ~ and.consolida~ion~and spreader agreement unto the said FORT PIERCE CONSTRUCTIO.~:• ~ CORPOP.~ITI0:~1 its heirs ~nd-assigns, a11 that piece, parcel or tract of land, ~ ~ being a part of the premises conveyed by said mortgages and consclidatior~ and ~ spreader aqreement, to-~~it: ` ~ - ~ - ~ a~/- ~~3- ~ooQ- ~oo~a ~ ~ _ Apartment No. 203. COMMUDORE IV af the COLO~JIvAt~E CONDO~iINIiT1~iS N0. .8, ~ according to the Declaration of C~ndominium recorded in Off icial Records - Book 223, pahe 864, of the Public Records of St. Lucie County, Florida, 3 . together with all appurtenances therefo, tagether with an undivided in- - ~ ~ terest in the common elements and limited common elements thereof ' 3 . ~ j I " . 3 TO HAVE ALjQ` ,T;O ;HOb,D thg.;~same, with the appurtenances, unto ~he said I'ORT ~ PIERC~ CONSTRUCTIO2~ CORL'OR1~TI0:1 its heirs and assigns forever, freed, e::on- x - Prated and discharged~::o~~;and from the lien of said mortgages and consolidation ~ ~ and spreader agreement, and every part thereof; Provided always, nevertheless, ~ that nothing herein containecl shall in anycaay impair, alter.or diminish the - effecf:, lien or incumbrance oi-the aforesaid mor_tgages and eonsolidation and ; spreader agreement on the remaining part of said mortyaged premises not hereby ~ released therefrom, or any of the rignts and remedies o£ the'holder thereof. - I'.~I t•7ITNrSS wHr~~or, . the said FIRST ~~?ISCONSIIv NATIONAL BANK OF MIL~•IAUK~E " has caused these presents to be executed in its name, and its corporate seal to be hereunto affixed, by its proper officers thereunto duly authorized,_ ~ this 22i~ day of April ? 19 75 - ~ ; _ " 800K~'~ PAG~~~ ~ . ~ ' ~ . - - : i - ~