HomeMy WebLinkAbout2898 f (11\1 L/lU ?~l~llllfl~sl• va ,
xNOw nr,~ rar~ r~l~ ~r~~csU rR~scNTS : 31'~.~.05
~~1t1CRC11S, 1~O1tT PIrRCG CnNSTRUCTION CORPOIt11TION, a r'loriaa Cor~oratioii,
mort~yagor, ~y ]:nclent~u~e of t•iort~ae~e `~,~d See,uri~y Jlyrecme~t cl.ztccl tlie 30L-h
day of t4ay, n.I~. 1~72, and recordecl ~in ~tlie ofEice of tlie Clcrk oi Cir.cuiL-
Court in and far the County of St. Lucie, S~ate oi I`lorida, an Jun~ 19, 1972,
~.n Official Itacorcis 1300}: 203 pages ~.3:i`1--133t3 inclusive, as Dc~cument
No. 231692, mor~c~ageci unto TIRS`P WISCONSIN rll1TION7IL I311NK Ok' M1LWI~UKLL, a
nat~onal ba~iking associa~ion, uuly organized and e~;ist~irlg ui..ler. anci by vi~-tue
ot thc laws of the United States of 1lmerica, located in Milwaukee, ~Jisconsin,
and assigns, mor~qagec, the premises therein par~icularly described, to ;
secure the paym~n~ ot the sum af Two tiiillion 7'wo Itund~ed, Thousand Dollars ;
($2, 200, 000. OQ) ~oi~h interest as therein mentioned; and j~' 1
- ~ - . i
. ,
WHFREAS, FORT PI~RCC CONSTRUCTION CORPORATIOId~. pr~ or, by Indenture `
~ ot Mortgage aiid Security Agreement dated the 23rd da~'of!A~~~?'U. 1973, and
recorded in th~ office of~the Clerk oF Circuit Court i~ and_For the County of
St. Lucie, State of Florida, on June 18, 1973, in O~fieial Rec3rtls IIook 215,
Pages 1307-1314, inclusive, Document No. 257021, mori~gaged unto ~'IRST
WISCON~IN NATIONAL BAVK Or ?~iIL~JAUK~E and assigns, mor~gagee, the premises t
; therein particularly described, to secure th~ payment ot the sum of One Hundrecl
;~Eight~ Thousand Two Hundred Dollars ($1S0,200.00) with interest as therein -
} mentioned; and , ' ~
~~~HER~AS, under date of May 23, 1973, Ft. Pierce Construction Corporation ~
; entered and delivered to the First Wisconsin National Bank~of Milc~aukee its
Cansolidation and S~reader Agreement consolidating the two a~orementioned. _
rior~gages and Security Agreements into a valid single first .'•iortgage securing
t~he principal amount of Two Million Three Hunc~red Eighty Thousand Two Hun~red
i and ~Io/100ths Dollars ($2,380,200.00), said Agreement.~aas recorded June ia, 19;_
; in Official Records Book 215, Pages 1316-1323 inclusive;of the Official Records
. of St. Lucie County,_Florida, as Document No. 257023; and
t~HEREAS, the said=FORT PIERC~ CONSTRUCTION CORPOR~ITION has requested the
i said FIRST V]ISCOhSIN NATIONAL BANK OF MILWRUKEE to release the premises
~ hereinafter described, being part of said mortgaged premises, from the lien ~
and operation of said 2dortgages. -
~ NO[a THEREFORE, KN0~~1 YE, that the said FIRST WISCONSIN NATIONAL BANK OF
F MILtrTAUK.EE in conside*_-3tion of the premises set forth herein - and of the - su~ e~
Ten Dollars ($10.00) and other good_and valuable consideration to it paic~ by -
~ the said FORT PIERCE CONSTRUCTION CORPORATION at the time of the execution
hereof, the receipt ~ahereof is hereby acknowledged, do,es re:nise, release, -
~ quit--claim, ~xonerate and discharge fr~m the lien ar_d operation of said mortgage-
~ ar.d consolidation and spreader agreement unto the said FORT PTFRCE CONS~RiICTIO:I..
CORPOItATION its heirs and-assigns, all that piece, parcel or trac ~ of lund, _
= being a part-of the premises conveyed by- said mortgages and consolidaticn and
; spreader aqreement, t~-w~+-• _
; ~~o~- ~ a~a 3 - ~o~/'~
Apartment No. 307, SEASCAPE V__ of the COLONNADE CONDCMINUMS N0. sccording
to the Declaration of Condouiinium recorded in Official- Records Eco~c 223, page -
~ 864, of the PubZic Records of St. Lucie County, Florida, togeth~Yr with all -
. appurtenances thereto, together with an undivided interest in the co;amon
elements and LimitEd common elements Chereof. ~
TO HAVE AND TO HOLD the same, with the appurtenances, unto the said FORT ;
PIERC~ CONSTRUCTIO,N CORPORATION its heirs and assigns forever, freed, exon-
erated_and discharged of and from the lien of said mortgages ancl consolidation
and soreader agreement, and.everv part thereof; Provided always, nevertheless,
_ that nothing herein contained sli~.ll in anyway impair, alter_or diminish the ~
effect, lien or incumbrarice of 't=he aforesaid mortgages arid co:~solidation and
- spreader agreement on the remain~r~g part of said mortgaged premises not hereby
released therefrom, or any of the ric~nts and remedies of the"holder therec~f. _
IN Z~~ITNESS WHER~OF, the said-I'IRST WISCONSIN NATIONAL BANK OF MILWAUKEE -
= has caused these presents to be ex~cuted ~in its name,-and its corporate seal
to be hereunto affixed, by its proper officers tnereunto duly-authorized, 4
~I=~ this 21st day ~f April , 19 75 . - . ~
4 .
~ •
`F
, F BOQ!(~~1I ~AG~~D~ I
ft`' • ~
1
F
}
~ •
~ .
_ -
. _ . _ -