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KNQW 11LI, ML•`N I3Y T1iL•'S~ PI21:~I:yTS : _
Wt1rRrAS, I'ORT PIL•'RCI, CONSTRUCTION CORPORI,TTpN~, ,~Z 1`lox'ida Cnr~~orai:ion,
mo~-i:yayor, l~y In~lenture o~' t-lor+.c~ac~e an~l Sceur~.~y 1lgrcement dn~ecl i:he 30L•h
day of hlay, 11.D. 1972, anci reeorclecl in ~he offiee of i:he Clerk ot Ci.reuit
t;our~ in and for ~11e C0~111~y of ~i:. Lucie, Stai:e of Florida, on June 19, 19'i2,
in Official Itecorns Dook 203 pag~s 133?.-i33a inclusivc, as Documen~
No. 231tis2, mortgaqed unto I'~RST WISCON~ZN PIn'rIONAL B11NK Ol' tdII,WeIUKCE, a
nai:ional bankinc~ associai:ion, duly oryani~ed and exis~ing under and by virtue
of ~~he laws of tlie United S~ates of 1lmerica, loc~ted in Mi.lw~ukce, ~Ji.sconsin,
~ and assigns, mor~g~gee, the premises therein particulaxly described, to
seeure the paym~nt of ~he sum nf Two Million Two tIundred Tt}~usand Dollars
($2, 200,000. 00) wi~h interest as therein ment,~~; '~a~lt1 ~,N ~Z'.
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_ WHEItEAS , FORT PI~RCE COySTRUGTION CORPOR~ITION, mortc~agor, Uy Ind~nture }
of Mortgage and Security 1lgreemen~ dated the 23rd day ot May, A.D. 1973, and
recorded in the office flf ~he Clerk of Circuit Court in and for the County of
_St. Lucie, State of Florida, on June 18,~1973, in Official Records IIook 215,
Pages 1307-131A, inclusive, Document No. 257021, nortgaged unto FIRST ~
WISCOVSIi~ NATIONAL IIA~K OF r~iIL[~IAUKEE and assigns, mor~gagee, the premises ~
therein particularly d~scribed, to secure the payment of the sum of One Iiundrec:
Eig}ity Thousand Two Iiundred Dollars ($180,200.00) with interest as therezn ~
mentioned; and _ . • ~ x
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W~IEREAS, under date.of May 23, 1973, Ft. Pierce Construction Corporation
entered and delivered to the First Wisconsin National Bank of Milwaukee its
Consolidation and Spreader Aareement consalidating the two aforementioned
Diortgages and Security Agreements into a valid single first ~•iortgage securir.g -
the principal amount of Two !~iillion Three Hundred Eighty Thousand Two Nun:3red ~
and Vo/100ths Doll.ars ($2,380,200.00), said Agreement was recorded June 18, 19:' ~
in Official Records Book 215, Pag.es `1316-1323 inclusive,of the Official Records ~
~of St. Lucie County, Florida, as Document No. 257023; and ;
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" jr1HEFLEAS, the said FORT PIERCE CO'~STRUCTION CORPOR~ITION has reques~ed th~
said FIRST j•7ISCONSIN NATIONAL IIANiC OF TIIL~~IAUKEE to release the premises ~
hereinafter described, being part of said mortgaged premises, from the lien. j
and operation of said rlortgages . : ~ ~
NO~r1 THEREFORE, KNOW _ Y~, that the said FIRST ~~ISCONSI~I yATIONAL BANK OF
MILWAUKEE in consideration of the premises set forth herein and of th~ sum of ;
Ten Dollars ($10.00) and other good.and valuable consideration to i,t paid by ~
~ the s~id FORT PzERCE COrISTRUCTION CORPOR.ATION at the time ot the execution ~
hereof, the receipt whereof is hereby acknowledged, does remise, r~leasa, ~
quit-claim, exone-rate and discharge from the lien and operation of sail mortgag~ ~
and consolidation and spreader agreeme:~t unto the said FORT_PIERCE CONSTRUCTIO_d E
CORPORATION its heirs and assigns, all tha~ piece, parcel or tract of land, ~
being a part of the premises conveyed by said mortgages and consolidation and ;
spreader aqreement. t~-w;t-• ~ ~
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Apartment No. 303. SEA~CAPE ~ af the COLON,tADE CONDOMINUMS N0. 9, accordin g ~
to the Declaration of Gondominium recorded in Official Records Book 223, page ~
864, of the Public Records of St. Lucie Gaunty, Florida, together with all :
appurtenances thereto, together with an undivided interest in the common ;
elements and limited common elemen[s.thereof. - '
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TO HAVE AND TO HOLD the same, with the appurtenances, unto the said FORT ;
PIERC~ CONSTRUCTIO~J CORPORI~TION its -heirs and assigns forever, freed, exon- ~
~ erated and discharged of and from the lien of said mortgages and consolidation ~
and spreader agreement,-and every part thereof; Provided always, nevertheZess, ~
that notning herein contained-shall in anyway impair, alter or_diminish the _
effect, lien or incumbrance of the aforesaid mortga~es anu consolidation and
spreader agreement on the remaining part of said mortgaged premises riot hereby
released therefrom, or any of the rights and remedies of_the holder thereof._
• I'~ j•7ITNESS ~•7H~I2~OF, the said I'IRST ~f~ISCONSIN:NATIONAL BANK Or' MILWAUKFE
has causecl these presents to be executed'i~1'its na~e,•and,its corporate-sea?
to be hereunto affixed, by its proper officers~thereunto duly authorized, ~
this 21st day of Aaril ? 19 75 ~ ' ~
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