HomeMy WebLinkAbout0397 . I021830
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Add Fce = - S~ Luci~ CountV
Ck~c Tpx S Clerk u[ (~ircuit .,r',oul~
1ntTax•S - ~y ~ - Prepared by and return to: :
pepuqr C1eak Wesley R. Harvin, Esq. ;
T,: 590 N. W. Peacock Loop, Ste . 10
Port St. Lucie, FL 34986 ~
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PARTIAL RELF.ASE ~
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Know All Men by These Presents: ~
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WHEREAS, THOS. J. WHITE DEVELOPMENT CQRPORATION, a Florida ~
corporation, ("Mortgagor") is party to that certain Mortgage dated ~
November 1, 1984, and recorded in O.R. Book 447, page 2390; Amendment '
to said Mortgage, dated July 29, 1985, and recorded in O.R. Book 470,
page 1673; Amendment to First Mortgage and Security Agreement, dated
May 29, 1986, and recorded in O.R. Book 522, page 709; UCC Financing :
Statement filed in O.R. Book 522, page 718; Mortgage Spreader ~
Agreement, dated No~~ember 3, 1986, and recorded in O.R, Book 522, page
E45; Mortgage Spreader Agreement, filed October 8, 1987, in O.R. Book ~
560, page 1184; Extension of Note Agreement filed December 4, 1987, in
O.R. Book 566, page 2287; Mortgage Spreader Agreement filed December ~
10, 1987, in O.R. Book 567, page 848; and Addendum to Mortgage filed
i ooQ n u t~r,.~,U ~7~ TalTG 1"2(lfi al 1 nf tha r~iihl i c- '
:c:.:~....~y _ - ~
records of St. Lucie County, Florida ("Mortgage"), in favor of
MERCANTILE BANK NATIONAL ASSOCIATION, a national banking association -
("Mortgagee"), the prernises therein particularly described to secure
the aggregate sum of 3ix Million Dollars ($6,000,000.00), with ~
interest as therein mentioned.
AND WHEREAS, THOS. J. WHITE DEVELOPMENT CORPORATION, a
Florida corporation, ("Mortgagor"} is party to that certain Mortgage
dated July 9, 1985, and recorded in O.R. Book 470, page 1651; UCC
Financing Statement filed in O.R. Book 470, page 1671; Amendment to
Mortgage, dated May 29, 1986, and recorded in O.R. Book 522, page 715
and all amendments thereto; Mortgage Spreader Agreement, dated
November 3, 1986, and recorded in O.R. Book 522, page 650; Extension
of Note Agreement, dated December 1, 1986, and recorded in O.R. Book
528, page 509; Mortgage Spreader Agreement, filed October 8, 1987 in
O.R. Book 560, page 1191; Extension of Note Agreement filed Decem.ber
4, 1987, in O.R. Book 566, page 2292; Future Advance Agreement and
Amendment to Mortgage filed December 4, 1987, in O.R. Book 566, page
! 2297; and Mortgage Spreader Agreement filed December 10, 1987, in O.R.
~ Book 567, page 858; as further amended by Addendum to Mortgage filed
i February 25, 1988 in O.R. Book 576, page 1312 and further amended by
~ Future Advance Agreement, recorded Septe:nber 19, 1988 in O.R. Book
~ 603, page 2038, all of the public records of St. Lucie County, Florida
~ ("Mortgage"), in favor of MERCANTILE BANK NATIONAL ASSOCIATION, a
~ national banking association ("Mortgagee"),the premises therein
~ particularly described to secure the aggregate sum of Seventeen
Million Five Hundred Sixty Thousand Two Hundred Seventy-Five Dollars
($17,560,275.00), with interest as therein mentioned.
~ AND WHEREAS, THOS. J. WHITE DEVELOPMENT CORPORATION, a
Florida corporation, ("Mortgagor") is party to that certain Mortgage,
dated May 29, 1986 and recorded November 26, 1986, in O.R. Book 522,
page 665; Mortgage Spreader Agreement, filed October 8, 1987, in O.R.
Book 560, page 1198; and Mortgage Spreader Agreement filed December
10, 1987, in O.R. Book 567, page 868; and as further amended by
~ Addendum to Mortgage filed February 25, 1988 in O.R. Book 576, page
z 1316, all of the public records of St. Lucie County, F?orida
("Mortgage"}, in favor of MERCANTILE BANK NATIONAL ASSOCIATION, a
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~ national banking association ("Mortgagee"), the premises therein
~ particularly described to secure the aggregate sum of Six Million
~ Dollars {So,004,000.00), with interest as therein mentioned.
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AND WHEREAS, THOS. J. WHITE DEVELOPMENT CORPORATION, a
Florida Corporation ("Assignor") is party to that certain Assignment
' of Lease(s), dated May 29, 1986 and recorded November 26, 1986 in O.R.
~ Book 522, page 722 of the Public Records of St. Lucie County, Florida,
~ ("Assignment") in favor of MERCANTILE BANK NATIONAL ASSOCIATION, a
national banking association,("Assignee"i the premises therein
~ particularly described.
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~ °soo~ 675 PacE 39?
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