HomeMy WebLinkAbout1170 I02223? .
PARTIAL RELEASE QF MORTGAGE
KNOW ALL MEN BY THESE PRESENTS:
WHEREAS THE TORONTO-DOMINION BANR, a bank chartered under
the Bank Act of Canada, having its principal office in the City
of Atlanta, State of Georgia (hereinafter referred to as
"Mortqagse"), is the owner and holder of the following
Mortqaqe:
Mortgage from WESTON-FLORIDA DEVELOPMENT CORPORATION
- FT, PIERCL ~I, WESTON-FLORIDA DEVELOPMENT - FT.
PIBRCE #IZ, and WESTON-FLORIDA DEVELQPMENT
CORPORATION - FT. PIERCB #III, all Florida
t Corporations (collectively heXeinafter called
j' ~ "Mortqaqor"), to Mortgagee dated November 3, 1981,
~ and recorded November 10, 1981, in Official Records
Book 366, Page 887, Public Records of St. Lucie
y~; County, Florida, securinq the oriqinal principal sum
of Twelve Million Five Hundred Thousand and No/100
t_ _`,1~-~ Dollara U.S. ($12,500,000.00), as amended by that
certain Future Advance Agreement and Modification of
Mortgaqe and Note, between Mortqagor and Mortqaqee,
~ ~ .
~ ~ dated February 7, 1984, and recorded on Apri1 30,
; 1984, in Official Records Book 430, Page 1418, as
~ • modified by Future Advance Agreement and Modification
i recorded on September 7, 1984, in Official Records
~ Book 442, Page 1662, further modified by Modification
" Aqreement recorded on April 1, 1987, in Official
~ r,~' ; Records Book 536, Page 2914, ALL being of the Public
s-.: k:. F' Records of St. Lucie County, Florida, (collectively
~ Q ~ hereinafter called the "Mortgage" ) .
WHEREAS, the said Mortqaqor has requested the Mortgagee to
release the premises hereinafter described, beinq part of said
mortgaged premises, from the lien and operation of said
Mortqage.
~ NOW THEREFORE, RNOW YE, that said Martgagee, in
consideration of the premises and of the sum of Ten and No/100
; Dollars ($10.00) to it in hand paid, or in behalf of, the said
! Mortgaqor at the time of the execution hereof, the receipt
r whereof is hereby acknowledged, does remise, release, quit-
~ claim, exonerate and discharge from the lien and operation of
~ said Mortgage unto the said Mortqaqor, its successors and
assigns, that certain portion of the premises conveyed by said
~ Mortqagor more particularly described as follows:
~
E Condominium Dwelling Unit 601, of SEA POINTE TOWERS
~ OF FORT PIERCE, a Condominium, according to the
~ Declaration of Condominium thereof as recorded in
~ Official Records Book 435, Paqe 1463, et seq., and as
~ corrected by Corrective Declaration as recorded in
~ Official Records Book 536, Page 2768, et seq., Public
~ Records of St. Lucie County, Florida, together with
~ all of the appurtenances thereto, as set forth in
~ said Declaration and Corrective Declaration of
~ Condominium. TOGETHER WITH its undivided interest in
~ the common elements appurtenant thereto.
t
TO HAVE AND TO HOLD the same with the appurtenances unto
1 the said Mortgagor, its successors and assiqns forever, freed,
exonerated and discharged of and from the lien of the said
Mortgage, and every part thereof; provided always nevertheless
~ that nothinq herein contained shall in anywise impair, alter,
or diminish the effect, lien or encumbrance of the aforesaid
Mortgage on the remaining portion of the mortgaqed premises
thereunder not h~reby released or any of the rights and
> remedies of the holders thereof.
~
~
~ This instrument also releases the hereinabove-described
~ property from the lien and operatian o€ the followinq documents
~ and any and all other security instruments that the lender may
hold as oE this date encumbering the property:
~oR~ 675 rNGE1170
b
~ . . - . _ _ . ~ ~
i
3r~_' ~ =lF` _~.ew 5._r_zs~t..ce 4+e+:~
~~4Fr_~~. , sr_..a s.~,wschi~