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PARTIAL RELEASE OF MORTGAGE
AND RELATED DOCUMENTS
WHEREAS, FLORIDA NATIONAL BANK, a National Bankinq Asso~iation,
(hereinafter referred to as "Mortgagee"), is the owner and holder
of a certain Mortgage and Security Aqreement (hereinafter referred
to as "Mortgaqe"), dated July 15, 1988, and recorded July 20, 1988,
in Official Records Book 595, Page 1827, Public Records of St.
Lucie County, Florida; and
WHEREAS, the above referenced Mortgage was executed by Har.bour
Ridge, Ltd., a Florida Limited Partnership, as ,Mortgagor,
{hereinafter referred to as "Mortgagor"); and
WHEREAS, Mortgagor has requested Mortqagee to release the
premises hereinafter described, being a part of the mortgaged
premises, from the lien and operation of the Mortgage.
NOW, THEREFORE, Mortgagee, in consideration of khe premises
and the sum of Ten Dollars ($10.00) paid by Mortgagor at the time
of execution hereof, the receipt whereof is hereby acknowledged,
does remise, release, quitclaim, exonerate and discharge from the
lien and operation of the Mortgage, the land and improvements to
~ the extent that it is part of the property encumbered by the
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{ Mortgage described as:
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~ UNIT 16, SWEETBAY VILLAGE, HARBOUR RIDGE PLAT NO. 8, according
to the Plat thereof on file in the Office of the Clerk of the
Circuit Court in and for St. Lucie County, Florida, recorded
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in Plat Book 26, Pages 6-6E.
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~ TO HAVE AND TO HOLD the same, with the appurtenances, to the
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~ Mortgagor freed, exonerated and discharged of and from the lien of
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~ the Mortgage, and every part thereof to the extent that it is a
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~ part of the property encumbered by the Mortgage, provided, that .
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~ nothing herein contained shall in anywise impair, alter or diminish
~ the effect, lien or encumbrance of the Mortgage on the remaining
part of the progerty encumbered by such Mortgage, not hereby
released therefrom, or any of the rights and remedies of the holder
hereof.
This instrument shall also operate as a partial release of
Mortqaqee's security interest in the properties described in those
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8001( 6?4 PACE 2~
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