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'I pAqT1Al RCLEAfE OF MORTGAGE ai~tT$! ~~..~..~.~By _ ~~RAMCO FORM ?t
; ~~r G0~1~OAATIONI ~
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''i ~ nvln ,c~U r~~En ~~l ~~`PSP ~rPSents:
i; WHEREAS, NORTH TIARA DEVELOPMENT, INC. , a Florida corporation, , mort9agor ,
~I by Indenture of Mortflage bearin9 date the 8th day of MARCH , A.D. 19 89 ,
and r~cordsd in the offite o1 the Clerk o~ tho Circuil Court in and for the County of St . Lucie ,
I State of Florida, in Officiai Records 8ook 627 , Page 191 , mortgaged unto SUN BANK/
!I SOUTH FLORIDA, I3ATIONAL ASSOCIATION andassigns,
morrgagee , the premises therein particu4arly described, to secure the payment of the sum of Sevzn
~tillion Three Hundred Thousand and No/100 ($7,300,000.00) Dollars,
;i Wifh inlergsf ~c ~~wrsin ~n~nlin....d-
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AND WHEREAS, the said \ORTH TIARA DEVELOPMENT, INC. a Florida corporation ha s
' requested the said SUI3 BANK/SOUTH FLORIDa, NATIONAL ASSOCIATION to release Ihe premises
; hereinafter described, being part of said mortgaged premises, from the lien and operation of said Mortgage:
NOW THEREFORE; KNOW YE, Thar rhe said SUN BANK/SOUTH FLORIDA, NATIONAL ASSOCIATION,
mortgagee, as well in consideration of the premises as oF the sum of
Ten and No/100 ($lO.Od) ---------------------------------dollars,toit
,
~ paid by the said NORTH TIARA DEVELOPMIIVT, INC. , mortgagor
at the time of the execution hereof, the receipt whereoF is hereby acknawledyed, does remise, releasa, quit-
,
~ claim, exonerate and discha~ge from tha lien and operation oF said mortyage unto the said NORTH TIARA
;j DEVELOPMENT, INC. , a Florida corporation, mortgagor ------------its heirs and assigns,
ali that p'sace, parcel or trad of land, bein9 a part of the premises oonveyad by said mortgage, to-wit:
Condominium Unit No. ~505-$ of TIARA TOWERS, A CONDOMINIUPi, 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 amendments thereto, and together with
an undivided share in the common elements agpurtenant thereto.
This document also releases the above described property from [he
effects of UCC-1 Financing 5tatement recorded on March 9, 1989, in
Official Records Book 627 at Page 205, with the Clerk af the Circuit
~ Court, St. Lucie County, Florida.
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~
I
~ ' TO HAVE AND TO HOID the same, with the appurtenances, unto the said NORTH TIARA DEVELOPMEI3T
~ i~C. , a Florida corporation its heirs and auigns forever, freed,
; exonerated and discharged of and from the lien oF said mortgage, and every pa~1 thereof; Provided always,
~ , nevertheleu, that nothin9 herein con~ained shall in anywise impair, after or diminish the effed, lien or incum-
' brance of the aforesaid Mortgaye on the remaining part of said mortgaged premises not hereby released
P therefrom, or any of the ri9hts and remedies of the holder thereof.
IN WITNESS WHEREOF, the said SUN BANK/SOUTH FLORIDA, NATIONAL ASSOCIATIOh, mortgagee
~
~ has caused these presents to be executed in its name, and its corporate seal to be hereunto affixed, by its
~ proper officers thereunto duly authorized, this /~,f day of :L~ l~ A.D. 19~9.
~ Si~ned, s aled and delivered in 1he presence of: (Corpora~ Seal)
~ % ~ SUN BANK/SOUTH FLORIDA, -
~ .t..~C,1.-.~~ : ~iJ~J NATIONAL ASSOCIATION _ . .
: . .
.
, ~ ~ - .
_ , ` / / ~ .
~ lLt.~~L-. gy l~-~. i~u j; ~I~E ~~c<:-=- _
~ ~9O FEB A~~ ~~6 D?A~lA T. HAI.LEY ~ - ~
; ce Rresident.
¢ I 0 2 2 7 8 4 B}{ ~~~~x _ .
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~ ~tttte of FLORIDA Fi~~ ~ ~'t ~
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~OLIttt~i nf BROkARD ,y; . _ _
,,~J ~~erel~g (Ceriifp, thal on this day, baFore me, an oFficar duly aufhorized in the State and County aForesaid to take
acknoWledgemen~s, personally appeared SUN BANK%SOUTH FLORIDA, NATIONAL ASSOCIATION,
wel{ known to me to be the Vice Dresident and DIANA T. HALLEY respectively of the corporation
; pnrlially releasin9 the mortgage described in the foregoing ins?rument, and that they saverally acknowledged executin9 ihe
~ same in the presence of two subscribing witnesses 4reely and voluntarily undar authority dufy vested in them by said corpo• ?
- ration and that the seal affixed theroto is the true corporate seal o( said corporation. ' -
~ • +
~ ,
~ ~itttess my har.d and official seal in the Cour,ty and State last afor said Ihis ~"~'l~ day of /C~' ~,A.D'J9~'~ ~
' I . _ _ _ _ • •
(7;c luclrr:~lre~r~Yrcprt~t~~ SLN BAI3K/SOUTH FLORIDA N.A. r- . - ~ ~^r~~~~
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.1~l~~!2!i 25 South Andrews Avenue s~` r!:-
Fort Lauderdale, FL 33301 ' ~
x ~oflK 675 t~,,~F 2380 { :
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