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PARTIAL RELEASE OF MORTGAGE
AND RELATED DOCUMENTS
W}iEREAS, FLORIDA NATIONAL BANK, a National Bankinq Associaticn,
(hereinafter referred to as "Mortgagee"), is the owner and holder
of a certain Mortqage and Security Aqreement (hereinafter referred
to as "Mortqagep) , datec3 July 15, 1988, and recorded July 20, 1988,
in Official Records Book 595, Paqe 1827, Public Records of St.
Lucie Caunty, Florida; and
WHEREAS, the above referenced Mortgage was executed by Harbour
Ridge, Ltd., a Florida Limited Partnership, as Mnrtgagor,
(hereinafter referred to as "Mortgagor"); and
WHEREAS, Mortgagor has requested Mortgagee 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 the premises
and the sum of Ten Dollars ($10.00) paid by Mortgagor at the time
of execution hereof, the receipt whereof is hereby acknowledqed,
does remise, release, quitclaim, exonerate and discharge from the
1 ien ~nd cperatian of the *~crtgag~, the lar,~ an3 ir~provements to
the extent that it is part of the property encumbered by the
i
; Mortgage described as:
!
; UNIT 12, LAI~CEWOOD VILLAGE, HARBOUR RZDGE PLAT NO. 9, 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
! in Plat Book 27, Pages 1 through 1D.
l
; TO HAVE AND TO HOLD the same, with the appurtenances, to the
~ Mortgagor freed, exonerated and discharqed of and from the lien of
i
E the Mortgage, and every part thereof to the extent that it is a
P
E
! part of the property encumbered by the Mortgage, provided, that
~ nothing herein contained shall in anywise impair, alter or diminish
~
~ the effect, lien or encumbrance of the Mortgage on the remaining
€
' part of the property 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
Mortgagee's security interest in the properties described in those
€ certain Financing Statements recorded in Official Records Book 595,
° R f ?4 FaGE 244
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