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PARTIAL RELEASE OF MORTGAGES
AND RELATED DOCUMENTS
WHEREAS, HARBOR FEDERAL SAVINGS AND LOAN ASSOCTATION (hereinafter
referred to as "Mortgagae"), is the owner and holder of a certain Second
Mortqage and Security Agreement date3 April 22, 1983, recorded in
Official Record Book 399, Page 1330, public records of St. Lucie County,
Florida (hereinafter referred to as "Second Mortgage"), and a certain
Third tdortgage and Security Agreement, dated April 20, 1984, recorded
in Official Record Boek 429, page 2845, public records of St. Lucie
County, Florida (hereinafter referred to as "Third Mortgage"); and
WHEREAS, the above referenced Mortgages were executed by Harbour
Ridge, Ltd., a Florida Li~nited Partnership, 3s Mortgagor, (hereinafter
referred to as "riortgagor"); and
WHEREAS, Mortgagor has requested Mortgagee to release the premises
hereinafter described, being a part of the mortgaged premises, from the
lir.e and operation of the Second Mortgage and Third Mortgage.
N069 THEREFORE, Mortgagee, in consideration of the premises and the
s~am of TEN DOLLARS ($10.00) paid by Mortgagor at the time of execution
hzreof, the receipt whereof is hereby ~acknowledged, does remise, release,
quit claim, exonerate and discharge frar~ thz I~.en an~ cperation of the
Second i~iortgage and Third Mortgage, the land and improver~ents to the
extent that it is part of the property encumb~red by the Second i~iortgage
and Third Mortgage described as:
UNIT 1-3A ~"-~he "Unit") of PALMETTO VILLAGE, A CONDOMINIU;tiI,
~(the "Condominium"), according to the DECLARATION OF CONDOMINIUM
thereof dated October 22, 1984 and recorded on October 26, 1984,
in Official Record Book 446, Page 1900, Public Records of St. Lucie
Caunty, Florida "the "Declaration of Condominium"), together with
the undivided share of the CObIMON ELEMENTS o~ the Condominium
declared in the Declaration of Condominium to be appurtenant thereto,
together with all appurtenances thereto, including, without limitation,
the right of exclusive use of those areas, spaces or portions of
COIIMOII ELEMENTS of the Condominium, declared in the Declaration of
Condo~ninium to be LIh1ITED COMMON ELEMENTS of the Unit (the "Froperty").
TO HAVr. AND TO HOLD the same, with the appurtenances, to the Mortgagor
freed, exonerated and discharged of and from the lien of the Se~ond
Mortqage and Third Mortgage, and every part thereof to the extent that
it is a part of the property encum~ered by the Second Mortgage and Third
Mcrtgage, provided, that nothing rierein cor~tained sha11 in anywise im-
pair, alter or diministi the effect, lien or encumbrance of the ~~econd
Mortgage or Third Mortgage on the remaining part of the property encum-
bered by such Mortgages, not hereby released therefrom, or any of the
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