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Prepared by and return to : Tota1= J Deputy l;lrrk~
Wesley R. Harvin, Esq.
590 N.W. Peacock Loop, Suite 10
Port St. Lucie, FL 34986
PARTIAL RELEASE OF MORTGAGE
Know Al1 Men by These Presents:
WHEREAS, THOS. J. WHITE DEVELOPMENT CORPORATION, a Florida
corporation, executed a Mortgage in favor of FLORIDA NATIONAL BANK, -
dated May 29, 1987, in the original principal sum of $2,500,000.00 ~
and recorded in O.R. Book 547, page 2013, and Receipt of Advance '
Under MorLgage Providing for Future Advances, dated September 4,
1987, in the amount of $1,500,000.00 filed September 14, 1987, in
O.R. Book 557, Page 960 and Addendum to Mortgage dated February 25,
1988 and filed February 25, 1988 in O.R. Book 576, page 1320; Mortgage
,~aro.~ FPt,r„arv . 1~RR . anc~ f i 1 P~3 March f~ . 1988 . in O. R. Book 577 .
pageY2332 and Addendum .to Mortgage dated January 26, 1989 and filed
February 6, 1989, in O.R. Book 622, page 1653; UCC-1 Financing
Statement filed r~arch 8, 1988, in O.R. Book 577, page 2341; Mortgage
Modification and Extension Agreement dated June 30, 1989, and filed
July 12, 1389, in O.R. Book 545, page 912; Mortgage dated October 24,
1988, and filed October 24, 1988, in O.R. Book 608, page 1738 and ~
Addendum to Mortgage dated January 26, 1989, and filed February 6, ~
1989, in O.R. Book 622, page 1656; UCC-1 Financing Statement filed ~
October 24, 1988, in O.R. Book 608, page 1749; Modification of ~
i~Iortgages 3ated and fil~d September 29, Z989, in O.R. Book 656, pge
1874; Mortgage dated and filed September 29, 1989 in O.R. Book 656,
page 1849; and JCC-1 Financing Statement fiZed September 29, 1989 in -
O.R. Book 656, page 1870, all of the Public Records of St. Lucie
County, Florida. -
! -
AND WHEREAS, Mortgagor has requested the Mortgagee to release the •
~ premises hereinafter described, being part of said mortgaged premises, j
( from the lien and operation of the Mortgages; ~
~ ~
€ NOW THEREFORE, KNOW YE, that the Mortgagee in consideration of ;
~ the premises herein and the sum of Ten Dollars ($10.00), to it paid '
by the Mortgagor, at the time of the execution hereof, the receipt
E whereof is hereby acknowledged, does remise, release, quit-claim,
~ exonerate and discharge from the lien and operation of the Mortgage
~ unto the Mortgagor, its heirs and assigns, all that piece, parcel or
~ trac~ of land being part of the premises conveyed by the Mortgage, to-
~ wit: :
~
c
~ Lot 23, Block 3 of ST. LUCIE WEST CUUNTRY CLUB ESTATES,
~ Parcel 8--Phase I, as shown on Plat Number 2 of St. Lucie
~ West, recorded in Plat Book 26, Pages 9, 9A through 9G,
~ in the public records of S~. Lucie County, Florida.
~
~ TO HAVE AND TO HOLD the same, with the appurtenances, unto the
` said Mortgagor, it~ heirs and assigns forever, freed,
exonerated and discharged of an~ from the lien of the Mortgage, and
every part thereof; provided always, nevertheless, that r.othing
herein contained shall in anywise impair, alter or diminish the
i effect, lien or encumbrance of the Mortgage on the remaining part of
sai~ mortgaged premises not hereby released therefrom, or any of the
rights and remedies of ~he holder tnereof.
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