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( PARYIAL REL[Af[ OF MORTGAd[ 1IAMC0 FORM 41
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) WHEREAS, NORTH TIARA DEVELOPMENT, INC., a Florida corporation, ,morryagor ,
~ by Indenture of Mort9a9e bearin9 date the $th day oi MARCH , A.D. 19 89 , ~ n cn ~
and rscorded in the of4ice of the Clerk af the Circuit Court in and for the County of St . Lucie . `0 ,.r. ~
S t a t e o f F l o r i d a, i n 4 F F i d a t R e c
o r d s B o o k 6 2 7 , P a 9 e 1 9 1 , m o r t 9 a y e d t t M o S U N B A N K/ o.
l i SOUTH FLORIDA, NATIONAL ASSOCIATION en d assigns, .
mortga9ee , the premises therein particularly described, to secure the payment o~ ihe sum oF Seven
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' riillion Three Hundred Thousand and No/100 ($7,300,000.00) Dollars, :
with interesf as Iherein mentioned: ` z
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! AND WHEREAS, the said
NORTH TIARA DEVELOPMENT, INC. a Florida corporation has
I requested tho said SUI~t BANK/SOUTH FLORIDA, NATIONAL ASSOCIATION to release the premises
~i hereinafter described, being part of said mo~tgaged premises, from the (ien and operation of said Mortgage:
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~ NOW THEREfORE; KNOW YE, That the said SUN BANK/SOUTH FLORIDA, NATIONAL ASSOCIATION,
i mortgagee, as well in consideration of the premises as of the sum of
f~ Ten and No/100 ($10.00) ---------------------------------dollars,toit
paid by the said I30RTH TIARA DE1~'ELOP:i;:.'VT, INC. , mortgagor
!i at the time of the execution hereof, the receipt ~ta~a.,~ is hereby acknowledged, does remise, release, quit-
;i claim, exonerate and discharge from the lien and operation of said mortgaye ~+~iu ~~t~ saic~ NORTH TIARA
; DEVELOPMENT, INC., a Florida corporation, mortgagor ------------itsheirs and assigns,
! all that piece, parcel or trad of land, bein9 a paN of tha premises aonvaye~ by said mortyage, to-wit:
i Condominium Unit No. 3- N of TIARA TOWERS, A CONDOMINIUM, according
to the Declaration of Condominium thereof, recorded in Official
Records Book 663 , Page 696 , of the Public Records of St. Lucie
County, Florida, and any and all aonendments thereto, and together with
an undivided share in the common elements appurtenant thereto.
This document also releases the above described property from the
effects of UCC-1 Financing Statement recorded on March 9, 1989, in
Official Records Book 627 at Page 205, with the C1erk of the Circuit
~ Court, St. Lucie County, Florida.
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~ TO HAVE AND TO HOLD the same, with the appurtenances, u~to the said NORTH TIARA DEVELOPMENT
~ INC. , a Florida corporation its hei~s and assi9ns forever, freed,
~ exonerated and discharyed of and from the lien of said mortyaye, and every part thereof; Provided always,
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~ neveriheless, that nothing herein contained shall in anywise impair, alter or diminish the effed, lien or incum-
~ brance of the aforesaid Mortgaye on the remaining part of said mortyaged premises not hereby released
therefrom, or any of the riyhts and remedies o~ the holder thereoF.
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~ , IN WITNESS WHEREOF, the said gUid BANK/SOUTH FLORIDA, NATIOIvAL ASSOCIATION, mortgagee
~ has caused these presents to be executed in its name, and its corporate s al to be hereunto affixed, by its
~ proper officers thereuntv duly authorized, this ~,(f day of C E i,,~ L,__ A. D. 19~ .
~ Signed, sealed and delivered in the presence of: (Corporate $eal)
~ SUN BANK/SOUTH FLORIDA,•
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C1~-^~~-_.. . . . . . NATIONAL...ASSOCIATIONy . .
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, ' y DIANA T. HALLEY v: ice Pfesic~nt.
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r '90 ~ JAN 26 A 8~4~
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~tttte uf FLORIAA 10215 9 5 a~ M.. ^
~ Fi~cD ~!rG ~E~_''-~:. _ ___ti.--._.
` c~nuntg nf BROWARD ~OUG~A; D!X0~ ~ ~ . _
51. !.UC:_ ":i~N' - ; ' i,";
~~erebg (~ertifp, that on this day, before me, an oSficar duly authorized in the State pnd County aEoresaid te~ta~e
acknoWledgements, personally appeared SUN BANK/SOUTH FLORIDA, NATLONAL `•ASSOCIATI02i,
. .
, weU known to me to be the Vi~e President and DIANA T. IiALLEY rospectively o( the corpo~ation
'F partially releasing tht mo?tyage described in the forogoiny instrument, and that they ssverally ackr?owledged executing the
F same in Ihe presence of two subscribing witnesses lreely and voluntarily under authority duly vestrid in t~em by said corpo-
° rat~on and that the seal affixed thereto is the true corporats seal of said corporation.
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~ ~itness my hand and oificial seal in the Counry and Stata last afo~asaid th~s +day of ~eEE'^~2,A. D. 19 S~
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i 1%us l~~s~rri~irc'~~~ prcpnrer~ ~y: SUN BAPiK/SOUTH FLORIDA, N.A.
~ .1~1ilrrc~ 25 South Andrews Ayenue - ~
Fort Lauderdale, FL 33301 - _
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