HomeMy WebLinkAbout2879 1'i?lt'i`l~ll~ l:l_I,l:e1_'_l._ ~;~?_!;;1~?„?'(~t~(~1::; ~ {
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KNOt~J 11LL l~I:W 1~t1' 7'ill; ~1~ I'I:l.f:l'.N7'S : '
1•~{ll.ltl,11 1'012'P 1'II:IiC'1: Cn'~S`l'1tU("l']:ON CUI:PUI2I~TIOPd, I'loxiclt.~ Car.~~oL~ti:~.t~~1,
»ior.l•_crr~c~~r, l>>> znclenc~.u~-c c,L t•9or.~~~ac~c: a»<1 Sr.c~u~it:y 11<~rcc:mcnt. il:~t:c~il t:lic :sUt:ll
tiay c,f. t•1,zy, I~.I). 197?, a~ul rc~c:orclecl in t:lic c.~l:fice of: l:he Clr.~~}: of C:i~-eui.i: _
,GOl1I'l. ].11 a111C1 ~~()1 ~:~1C (~C)llll~y Oj: it:. T,l1Gl.C~ ?r.?~'t1~C'.~,(~j: 1''~OL:].C~t~~ O11 JUII~~ l~~z~
a.n Of fir.i~il 12r_coi-ds LZoc~); ?.03 l~clc~c~:> .1332-].33£3 inc].u:~ive, as 1)OC:llllll`.I1~:
No. 23~G92, mo~ i~y:Z~~ecl unlo L•'Il::~'1' I~JT:.~CONSIN illl`PIOPInL l311NK O1~ t•11L~•1~1.1Ki:r, ~1
Ilc1t1011~11 1~1i1~:]11~J Fl~iSQC1~21:1011~ clu~y OL'q1111'l.CCI c111C1 CX].S~l:_lI1~J till<~C]: c~I1C~ ~y Vll't:t1C
of the ~acJS of ~he Unii:c.~:l St~1i:c:~ of 1lmexic~-~, locai~~ci ~ n tda.lwauk~~e, 1~1~.scon.~in,
and a~~iqil mor. fi7ac~ec., t l~e }~remis~s i:llei~ein pari:icular. ly d~:.r.~ i.bed, i~o ~ ~
secure tllc pa}~me~lt of i:lic sum of Two t•iiltio~i ~~•;o Ilu~lclrecl Tllou:~ancl Uoll~irs
($2,200,000.00) ~aith ini~eresi~ as th~r.ein mentioiied;' and ~
. ~~'HL•'RC11S, I'ORT PIE1tC!_. COidS`1'RUCTION CORPOIZ~1TIOiJ;=_mor.~gayor, by Inclentur.a
oi t•9or~gage alici Sc~et~rity I~grecmciit c~ated i:lie 23rd day of r~ay, :1.D. 1973,- a~id
recoa-c3ed in the oL•fi.cc a£ the Clerl; of Gi?-cu~.t Cqj~~~. an and for. the County of ~
St. Lucie, St~-~i:e of Floriua, c.il Junc ~8, 1973, in Of~ic~~'1' +R~edords Bo~l: ?.15, `
Pages 1307-131A, inctusi~re, Docun?ent No-. 257021, mori~gaged unto 1~ IRST . ~
WZSCO.ISIi7 V11T"tO:le1L L':~\I: O'r' ?~•1ILlr~'I~[~~:I:E and assig»s, mor~gagee, '~he premises
therein particul.zrly d~sr.?:ibe:l, to SCCLIIC the paymeiit ot tlle sum of C~nc Ilunc?re~ ~
Eiylii.~t `I'housai~d T~•~o liundred llallars ($1~0, 200. 00) with intereat as therein
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mentioned; a~ic3 - . ' ~
i•?IiERE~1S, under c'~~te of ~iay 23, 1973, I'i:. Piercc Construci_ion Corporzition ~
ent~red and deli.v~recl t.c~ the I'irst- t~;iseons~.iz i`c1~:lOlli.l~ 13an}: oL- I•iil~:au}:ee iCs #
Consaliclation ancl Spi-~ a: cr I~~reer.?ent eoi~so]_ici:.itinc~ tlle t~•ro lforementione:l ~
Mortc,r~~es ancl :;ec~iirity «~reer,?enL-s iii~o a valicl siiigle f:irst .~loi-iqacJ~ ~er.uring
-thc ~r~~~cinal ar.zot~iit c~f `=`ti:o :~iill~_or1 Tliree ~luil.3red I~.ighty `1'1~otisand -T~.~o Hu~i:irca ~
znd :~la/100th ~ llollur_s 380, 200. 00) , said I~greemeni~ ~•ras icco.rcied Junc 18 , 19', €
in Ofi icial I:ecords ~~olt 21.5, PacJes 131G--13?.3 inclusive; of the Official Itc~or.ic: !
of_ St. Lucie Co~~~i~y, 1'lorida, as ll~cun~cnt tao. 257023; and €
idHEI:E~S, tl:^. said I'ORT PIFRCI: CO'~STT.:L'CTIO:~ C~RPOIt~~TIO\ has requested tiie
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said FIRST ~~rI~.~CJ::SI~I ?3~'1TTC~`?~r B~'~„I: OL :~IILI•,Iit1KEE to rel~ase the premise~ ?
hereinafter c?escribed., bei:~g part of saicl mortgaged premises, f-rom the lien {
and o~~eratio~~ of saici ?•iortgages . ~
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I~O:~T `PHEF2L•:FOI~;~, ~:i?0.~7 YF, that tl~e- saitl I'IRST ~•IISCONSIN :~ATIOi~AL BT~I~K OF ~
?•IIL[•;1~[I~:EE in consiclera~ion of the ~?rer.lises set forth herein and of the sum o~
Ten Do~ lars ($10 . 00) anc~ otl~er gooc~ a~c~ v~~luable eonsideration to• i,t ~~nicl by
the said I'Oi:`~ PILRCE CG`•:S;'?UCTInid CORF°ORr~T10v at the time of the e:cecui.ian }
hereof, the receipt Z~~Ii~r~of is hereby acknoc~rledged, does remise, rel-~lse, ~ ~
quit-claim, exo:~erate and dischar-c~e from the lien and aperation - of saic3 moY~ga~:: '
and consolidation and s~~reac~er agreemeni~ unto the said I'ORT PI~RC~ G~:~'S'~ ~:!iCTIO~:• ~
CORPOF:.~1TI0:1 its ncirs aild- assic~n~ ~ a13.~ tl~~at pie~e, parcel or tract o~ lanc~, ~
being a part of the prer:iises convcyed by said rnortgages and consolid~tion and ~
spreader aqr~ement, ta-:~rit: -
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: ~ ~ o~~{o~-l~~~~-c^A~3- . ~ - ~ ~
- Apartr~ent No. 205, COMMODORE V. of tlie~ COLO?~i~~'1ll~ C0~]DQ:•SIt~IL':SS i~0. 8, 3
. ~according to L}ie Declaration of COi1dOT11111U[:1 recorded in Officia]_ Records -
}3ook 223, pahe 8G4, of the Yeiblic Records of St. T.ucie County, I'lorida, ~
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together ~~•itn a11 ~ppurtenances thereto, to~ether wi~h an undivided in- 2
tcresC 3i1 the co~^u^ion elemcnts an~ limited com~ot~ elements tllC'-IGOf ~ '
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TO 1111VE Ai.D TO HOLD the same, with the appurtenances, ui~to the saS:d I'OP.T ~
PIERCr CO:~iSTRUCTIOi~ C0~:1~0:21;TI0~~ it.:~ heirs ancl ~35S1CJ115 forever; freed, e~:on-- ~
ezate3 ~ncl di ~ch~ rcJ, cl of ~nu from ti~e lici~ of saia mortgayes a~id eonsolidai:io~i ~
and spre~~cle~- ~~c~reen;eni~, ~-~n:? e.very pari: th~rco~; Pro~ridec~ al~•:ays, niverthr:less;
that r,o~hinq }ier~in c~nfais~ecl shall in an}~t•~ay imoaa_r, alter_ or dir~iiiish t_he
ef fect, lien or 1IlCUIT.IL~1 ance oi- the af-oresaicl mortgages a~icl consol~ dai:3 on and
spre~~der agrecr~c-~t an L-he remaininc~ uari: of sai_d mortgagcd prcma.ses i~oi~ licrcby
releasca therefr.om, or ai~y of the r_igi~ts ~ncl remedics of tlie ~hvlder ~hcrcof-. . ~r
I?~I ~•JI`I'N1.'SS WIII,RrOC', the said FI?2ST j•aISCONSI;J 1•a1lTI0i2l1L I37~NK OI' rIIT,~•.~lUICLI: -
has causecl t2icse pres~nt~. to )~e e::ecuted in i~s narae, and ii: , c:o~por<<tc seal
to Ue hercunt.o af f-ir:ed, l~y its Z~roj~er of L'~.~crs thereunto duJ.,? ~iuthori.;:ec1, ~
this 22nd tlay of_ A r~ , I9 t^. .
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, BOOK ~G~ ~G~~ r~ ~
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