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- STATE OF FLORIDA
~ / ~ ti ~t' ~ ~ ~%~PART"iEi'~T OF 1-RA~:SPOR~~~I I
Thi s i nstrumer.t was prepared by: A~QUf5tT10N DEpqRTMENT
2~5U0 SOUTN F~Cvi:~tic~,l;5 AVENU~
Stephen C. Turley, Esq. FORT LqUD~FZ~H! FLOr~?Gq;3;s1~
General American L1fe Insurance Company
700 Narket Street
St. Louis, MO 63101
~lyL3L-~~3~
PARTIAL RELEASE OF MORTGAGE ~
KNOW ALL MEN BY THESE PRESENTS:
WHEREAS, Robert R. Nelson (the "Mortgagor"), by a certain Mortgage instrument
bearing the date of December 29, 1980. and recorded under Clerk's File No.
511913, in Official Records Book 345, at Page 2187 of the Public Records of
St. Luc1e County, Florida (the "Mortgage"), mortgaged unto First American Bank
of Palm Beach County (the "Mortgagee"), the improved premises therein
partir.ularly described (the "Mortgaged Premises") to secure the payment of the
sum of Five Hundred Seventy-Five Thousand and No/100 Dollars (5575,000.00),
with interest thereon according to the terms of a certain promissory note of
even date therewith;
WHEREAS, the Mortgagee, by a certain Assignment of Mortgage instrument dated
July 14, 1981, did assign the Mortgage to General American Life Insurance
Company, a Missouri corporation ("General American"), which Assignment
instrument was recorded in the said Public Records in Official Records Book
362 at Page i78;
WHEREAS. through conveyances of the Mortgaged Premises by the Mortgagor and
subsequent grantees, the Mortgaged Premis~s were acquired and are noa owned by
Chapeco, S.A., a Panamanian corporation authorized to do business in Florida
(the "Owner"); and
WHEREAS, the Owner has requested that General American release the premises
hereinafter described (the "Release Parcels"), being part of the Mortgaged
Premises, from the lien and operation of the Mortgage;
NOW THEREFORE; KNOW YE, that General American, in consideration of the
premises and Ten and No/100 Dollars ($10.04) to it paid by the Owner at the.
time of the execution hereof, the receipt whereof is hereby acknowledged, does ~
hereby remise, refease, quitciaim, exonerate and discharye f~•om ttie li~n and
nw~...~~j L~, ~f~r ~n ~~n~n ~~n v~ ; ! Y' ~'C f~r1C }~O
i VFJC~4I.IC/I~ ~i~ L11~ ~~V~ty^uy2 ~ru~V ~:•:ti2~ ~ ~S oU..~.es.a0 s and a..a~~y....~ l.
j Release Parcels, being all of those pi~ces, parcels or tracts of land
~ constituting a part of th~ Mortgaged Premises, to wit:
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~ See EXHIBIT A attached hereto and made part hereof by this reference. ~
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~ TO HAVE AND TO HOLD the same, with the appurtenances, unto the Owner, its ;
successors and assigns forever, freed, exonerated and discharged of and from ~
~ the lien of the Mortgage; provided, however, that nothing herein contained ~
shall in any way impair, alter or diminish the effect, lien or encumbrance of :
~
the Mortgage on the remaininq part of the Mortgaged Premises that are not
: hereby released therefrom or any of the rights and remedies of the holder of ~
~ the Mortgage. a
R ~
IN WITNESS WHEREOF, General American has caused these presents to be executed '
~ in its name, and its corporate seal to be hereunto affixed, by its duly {
~ authorized officers, this 15th day of May, 1989. ~
~
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~ Signed, sealed and delivered in SENERAL AMERICAN LIFE INSURANCE COMPANY
f ~tio nra~nn~o nf;
r ~ ~ ~ ~
s ~ ~ ey: .
~ e~ : r~''~ .~~~~P,rESident ;
~ ~ ~ ~ , ,C-_ ,i ~s; I
7 Attest:
. ~~~5 e e~ ry ~
~ / . i ~
~ t
~ (SEE PAGE 2 FOR ACKNOWLEDGMENT) . 'k:-~~
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21481
eo~ 674 ~E 85?
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