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HomeMy WebLinkAbout2869 Y/ltt'1'.lf\L 1(l~l~L'F~:~1; VP t`llllCl.l~!\l~l:~ j r ~ 1~ xNOw ~L~. Mrr~ i3~~ m~tcsr PR~SI:NTS : 311p~p WtirI21:11S, 1'OR`1' PII;ItCE CON ~TRUt'TION CORPORII'rTUN, a rlorida Corno~~~tion, ~ mortyag~r, by Tndent~urc of hiartgage anci Securi~y nc~reement cla~ed i:hc~ 30t•.h cl~y a~ May, n.D. 1972, and re~eordc~d in i:hc~ office ot the C1erk of Cireui~ Cour~ in anc] L`or the County of St. Lucie, S~at~ o~: Florida, c~ii June 19, 1972, : i~i Of: zicial Itecorcis 13ook 203 pages 1332-1338 inclusivc, as Document ~ No. 231G92, m~r~gac~ed unto I'IRST WISCONSTN PI11`1'IOV71L D11NK OI' 61IL~V1IUKGL, a ~ national uan};ing association, duly organized anci exisfi:ing under and by viztue_ ~ of t;he la~as o~ ~hc Uiiited States of America, locatecl in Milwauk~e, ~:isconsin, and assigns, mor~g~lgee, the premises ~herein particularly 'described, ~o ' secure the payment ot the sum oF Two Million `I'~;o IIundred Thousand Dollars ($2,200,000.00) with interest as ~herein mentioned; and ' ~ , t WHCREAS, FORT PIERCE CONSTRUCTION CORPOTt~12'ION, mortgagor, by Indenture ~ o~ Mortgage and Security Agreement dated the 23rd day of r1ay, A.D. 1973, and ~ recorded in the office of the Clerk o~ Circuit rourt in and for the Coun~y of ~ St. Lucie, State of Flarida, on June 18, 1973, in Official Records IIooY. 215, f Pages 1307-131~, inclusive; ~ocument No. 257021, mortgaged unto FTRST ; WTSCONSIN NATIONAL IIAVK OF AiTL~4AUKEE and assigns, mortgagee, the premises 1 therein par~icularly d~scribed,.to secure the paym~nt of the sum of One Hundx-ec? ; Eighty Thousand Two ~iundred Dollars ($180,200.00) with in~erest as therein ; mentioned; and ' ' ~ t _ _ - ! _WHEREAS, under date of May 23, 1973, Ft. Pierce Construction Corp~_~ation ! entered and delivered to the First Wisconsin National Bank of Mil~vaukee its ~ Consolidation and Spreade~ Agreement consolidating the two aforementioned ~ Mortgages and Security Agreements into a valid.single first ~•iortgage securiny ~ the princip~l ar.~ount of 'l~o Million T}iree Hundred Eighty Tliousand _Two Hun1red ; an3 vo/100ths Dollars ($2,380,200.00), said Agreement ~aas recorded June l~, 19~~ T in Official Records Book 215, Pages 1316-1323 inclusive;of the Oftici.al Record~ i _ of St. Lucie County, Florida, as Documen~ No. 257023; and ~ . , ~ t~THEREAS, the said FORT P?ERCE CO'1STRUCTION CORPORATION has requested thE said FIRST P7ISCONSIN I~?ATIONAL BANK OF TiIL~4~'iUY.EE _to release the premises hereinafter described, being part of said mortgaged premises, from~the lien ~ and operation of said `•iortgages. ~ - ~ ~ _ NO:a ~I`HEREFORE, KN0~1 YE, that the said FIRST ~~IISCONSIPd FJATIONAL BANK OF - t~TLS~AUY.EF, ir, ~onsidera~iofl of the premises set forth herein and of t~ie s~am o~ ~ Ten Dollars ($1J.00) a:id other good and valuable consideration to i,t_naid by ~ the said FORT PIERCE CO~iSTRUCTTON CURPORATTON at the time of the execution ; hereof, the receipt whereof is hereby acknowledged, does remisz, release, ~ quit-cla~i;;1, exoner~te and discharge from the lien and op~ration ot said mortgae~ ~ and consolida~ion-and spreader agreement unto the said FORT PyERCE COI~STRUCTIC`;• ~ CORPOFIATl'CV its heirs and-assigns, all that piece, parcel or tract of ~ar.d, ; being a part-of the premises coriveyed by said mor.tgages and consoliuation and ~ spreader aqreement, to-wit: a . ; _ . . ~ - . _ ' ~~o!- ~ ~3 - Ob/~ • DD~/~ ~ ~ - ~ Apartment No. 10~s, COMMODORE V of the COLONNaDE CO~TDOMINIU,iS N0. 8, ~ ~ according to the Declaration of Condominium recorded in Official Records ~ $ook 223, pahe 8b4, of the Public Records of St. Lucie County, Florida,~ - together with alI appurtenances Fhereto, together with an undivided in-- £ - " terest in the comruon elements and limited common elements thereof ~ ~ - - ~ ~ = ~ ' TO HAVE ~1ND TO HOLD,the same; with the appurtenances, unto the said FORT { PIERCE COVS~'RtCTY0I~1 CORP~RA~IO:I its heirs and assigns forever, freed, exon- erated and discYi~y~r~e~d o~ ~~nd from the lien of said mortgages and consolidation and spreadez''agreement~~anc~ every part thereof; Provided always,-nevertheless, ~ that nothing hereirt contained shall in anycaay impair, alter.or diminish the effect, lien or`incumbrance of -the aforesaid mortgages arid 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. . • I~I j•~ITNESS WHER~OF, the said FIRST L•7ISCONSIN NATIONAL BA1~K OF MILWAUK~E - has caused these presents to be executed in its nar?e, and its corporate seal to be hereunto affixed, by_its proper officers ther~unto duly authorized, . _ this 22nd - day of AFS.il . 19 75 , . - j ' _ . ; , . - . BOOK~~ pAGf ,