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Home My WebLink About0486 IV~1~~5 Rec Fe~ ! DOUGI.A3 DRtOI~' Add Fea: ~.~,~,.~St Lucie Cc~unt~~ iMc Te x s_,~,.,,.~,..,.,, qark of C' r u i t(:~ u r ~~.I,~ i~~~~ Prepared by und return to: `~l:~~l~y It. liarvin, Esq. T~i D•fJ 24Q0 S.E. Midport Rd.,#200 Port St. Lucie. FL 34952 NAR`1'I11L RL?LI:ASE 4~ric~~ :~11 i~l~:n by `i`hese Prc.~~ents : I~IHEREA5, THOS. J. WIiITL UEVELOPMi:NT CORPORATION, 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, a page 1673; Amendment Co First Mortgage and Security Agreement, dated ~ I~~ay 29, 1986, and recorded in O.R. Book 522, page 709; UCC Financing Scatzment filed in O.R. BoQk 522, page 718; Mortgage Spreader Agreeznent, dated November 3, 1986, and recorded in O.R. Book 522, page 6~=5; Ntortgage Spreader Agreement, tiled October 8, 1987, in O.R. Book ~ 560, page 118~; Extension of Note Agreement filed December 4, 1987, in O.R. Fook 566, page 2287; Mortgage Spreader Agreement filed December i0, 19t37, iri O.R. Book 5b7, page ~98; and Addendum to Mortgage filed E=~~b~~uaty ?.5, 19£38 in C.I2. f3ook 576, page 1308 all of the public r~~cor~3s ol St. Lucie C~unty, Florida ("Mortgage"), in favor of ~ MI;R~AN'1'ILL f3ANK NATIONAL ASSOCIA'PION, a national banking association ~ ;"ti~c~rcc3ugee" the preinises therein partieularly descrihe~3 ro sec„r~y ~ ti~~ ~~~~c~regate sum of Six Mi~ lion Dollars iSb, 000, 000. 00) , with ~ i ~~t~ e-est as therein mentioned. r~NU ~JHERE:AS , '!'IIUS . J. WIIT'1'L•' UL'VL•'LOPMEN`l' CORPORA'rION , a ~ :'loi~i:i~a c~orporation, ("Mortgagor" ) is party to that certain Mortgage d~cecl July 9, 1985, and recorded in O.R. Book 470, page 1651; UCC ' E~inar.c~ng Statement filed in O.R. Book 470, page 2671; AmendmenC to [~9ortyayt, da~sd May 29, 198b, and recorded in O.R. Book 522, page 715 , acici ~tll amendrnents thereto; rlortgage Spreader Agreement, dated I~ov~~nbcr 3, 1986, and recorded in O.R. Book 522, page 650; Extension oL Note Agreemer?t, dated December l, 1986, and recorded in O.R, Book 52t3, p~g~~ `~09; hiartgage ~preader AgreemenL, filed October 8, 1987 in ~~.I:. ~3cok 5~0, page 1191; Extension of Note Agreement filed December ~1, 1987, in O.R. Book 566, page 2292; Future Advance Agreemen~ and ~i r~n~--ndinent tc l~lort.gage filed December 4, 1987, in O.R. Book 566, page 32y7 ; anc~ t~lortgage Spreader Agreement f iled December 10, 198'7 , in O. R. ; 13ook 567, ~~ge 858; a:,~ iurther amended by Addendum to Mortgage filed ; I'turu~~ry 25, 1y8t3 in O.tt. Sook 576, paye 1312 and further amended by ~ I':.ature Advance Agreement, recorded September 19, 1988 in O.R. Hook ~ 6G?, page 2038, all of th~ public records of St. Lucie County, Florida t ("Nlortc~agc~" in favor of MERCI~NTILE BANK NATIONAL ASSOCIATION, a ! nat_ior.al banking association ("Mortgagee"), the premises therein purrict:larl.y ~escribed to secure the aggregate sum of Seventeen i :,il?iun ~ive Hundred Sixty Thousand Two Hundred Seventy-Five Dollars F t;.li,~;60,2%S.OC~), with in~erest as therein men~ioned. ~ ~ ~ AND WHEREAS, THOS. J. WHI~1'E DEV~LOPMENT CORPORATION, a Florida ccrporation, ("Mortgagor") is party to that certain Mcrtgage, ~ ~l:.itecl P~ay 29 , 1986 and recorded November 25, 1986, in 0. R. Book 522, ~ page 6E5; Mortgage Spreader Agreement, filed October 8, 1987, in U.R. ~ Bo~r. 5b0, page 1198; and Mortgage Spreader Agreement filed December ~ 10, 1987, in O.R. I3ook 567, page 868; and as further amended by Ac3dendu,a to Mor~gage filed February 25, 1988 in O.R. Book 576, page ~ 1316, all of the public records of St. Lucie County, ~'lorida ~ ;"(YIort~ac~e"}, in favor of ML'RCANTIL~ BANK NATIONAL ASSOCIATION, a R national banking associ.ation ("hiortgagee"), the premises therein r~uz~ti~:~ularly c~escribed to secure the aggregate sum of Six Million Doliurs ($6,OOQ,000.00), with interest as therein mentioned. At~D WHEREAS, ~1~HOS. J. WHITC DEVELOPMENT CORPORATION, a Florida Corporation ("Assignor'") is party to that certain Assignment oL I,ease(s), dated May 29, 1986 and recorded November 26, 1986 in O.R. Book 522, page 722 of tre Public Records of St. Lucie County, Florida, R ~ i"ys~ignment") in favor ot M~RCANTILE I31~NK NATIONAL ASSOCIATION, a ~ r,at~vnai banking associUtion, ("Assignee") the premises therein & n~~rcicularly described. ~ ~ ~75 rN~E 486 ~ ~ ~ - - - - 4.:,~ y~.,r" r.R-r _ '.~c,a:1>,~.~` ~ ~.;,r'.r~~ ~~x.