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HomeMy WebLinkAbout0966 ~ P: `IAL RELEASE OF MORTGAGES . . / AND RELATED DOCUM~NTS ~3.3`7OQ WHEREAS, HARBOR FEDERAL SAVINGS AND LOAN ASSOCIATION (herefnafter referred to as "Moxtgagee"), is the owner ~snd holder of certain Mortgages and Security Agreements (hereinafter referred to as "Mortgaqes"), datad April 22, 1983, recorded in Official ~ Records Book 399, Page 1330, Public Reccrds of St. Lucfe County, Florida; c~ated April ~0, 1984, recorded in Official Records Books 429, Page 2845, Public Records of St. Lucie County, Florida; and dated May 7, 1985, recorded in Official Records Book 463, Page 2653, Public Records og St. Lucie County, F~orida; and WHEREAS, the above referenced Mortgages •,aeze executed by Harbour Ridge, Ltd., a Florida Limited Partnership, as Mortgz~,~gor, (he::.inafter referred to as "Mortgagor"); and WHEREAS, Mortgagor has requested Mortgagee to release the peremises hereinafter described, being a part of the mortgaged premises, from the lien and operation of the Mortgages. NOW, THEREFORE, Mortgagee, in consideration of the premises ~ and the sum of Ten Dollars ($Z0.00) paid by Mortqagor at the time ~ ` of execution hereof, the receipt whereof is hereby acknowledged, ~ ; does remise, release, qui.tclaim, exonerate and discharge from the ~ ~ k lien and operation of the Mortgages, the land and improvements to ~ ; ~ the extent that it is art of the ~ p property encumbered by the Mortgages described as: ~ ~ ~ ~ ~ See attached Exhibit "A" ~ ~ I ~ ~ _ ~ TO HAVE AND TO HOLD the same with the a ~ , ppurtenances, to the ~ ~ 3rlortgagor freed, exonerated and discharqed of and from the lien of the Mortgages, and every part thereof to the extent that i.t is a part of the property encumbered by the Mortgages, provided, that nothing herein contained shall in anywise impair, a2ter or ~ diminish the effect, lien or encumbrance of the Mortgaqes on the remaining part of the propsrty encumbered by such Mortgages, not : hereby released therefrom, or any of the rights and remedies af ~ the holder hereof. E ~ go~ 548 PACE J~6 _ _ _ . - -