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pwA~4AL f1Et[ASE OF MORTGAaE L~OC T82: i~' RJ?MCO~TQ~ il
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WHEREAS, SOUTH TIARA DEVELOPMENT, INC., a Florida corporation , morfgagor ,
by I~denture ot Mortya9s bearin9 date the a~h d~y of March , A.D. 19 89 ,
and rocordsa in the office of the Clerk of the Circuit Court in and for ihe Coun~y of St . Lucie ,
State of florida, +n Official Records Sook 62 7 , Page 213 , morlgaged unto SUN BANK/ ~
; SUUTH FLORIDA, NATIGNAL ASSOCIATION and ass+gns, ;
mortgagee , ~he premises tharein particularly described, to secure the paymant of the sum of Seven ~
?tillion Three Hundre3 Thousar.d and No/100 ($7,300,000.00) Dollars, ~
w;~h interest as therein mentioned:
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AND WHEREAS, ?he satd SOUTH TIARA DEVELOPrSENT, II~C., a Florida corporation ha s ~
requested the said SUN BAIdIC/SOUTH FLORIDA, NATIONAL ASSOCIATI4N to release the premises ~
hereinafter described, being parf of said mo~tgayed premises, from the lien a~d ope~ation of said Mortgage: ~
I,
NOW TNEREfORE; KNOW YE, That the said SUN BANK/SOUTH FLORIDA, NATIONAL ASSOCIATION, ~
!i mortgagee, as well in consideration of the premises as of the sum of
Ten and No/100 ($10.00) dollars,toit
paid by the sa+d SOUTH TIARA DEVELOPMENT, II~C., mortgagor
at the time of the execution hereof, tha receipt whereof is hereby acknowlad9ed, does remise, release~ quit-
claim, exonerale and dischar9e from tha lien and operation oF said mortgage unto the sa+d SOUTH TIARA
DE~'ELOPMENT, INC. , a Florida corporation, mortgagor hei~s and assigns, ;
all tha~ piece, parcel or tract oF land, being a part of the premises aonveyed by said mortgage, tawit: ~
Condominium Unit No. l305-$ of TIARA TO`?JERS , A COIvTDOMINIU;i, according
to the Declara[ion of Condominium thereof, reeorded in Offieial
Records Book 663 , Page 696 , of the Public Records of St. Lucie
County, Florida, and any and all amendments thereto, and together with
an Lndivided share in the common elements appurtenant thereto.
This document also releases the above described property from the ~
' effects of UCC-1 Financing Statement recorded on March 9, 1989, in
Official Records Book 627, at Page 227, with the Clerk of the Circuit ~
Court, St. Lucie County, Florida
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TO HAVE AND T4 HOI~ the same, with the appurtenances, unto the said SOUTH TIARA DEVELOPMENT,
li I\C. , a r lorida Corporation its heirs an~ assigns forever, freed,
~ exonerated and dischar yed oF and from the lien of said mortga9e, and every pa~t thereof; Provided always,
' nevertheless, that nothiny heroin contained shall in anywise impair, alter or diminish the effed, lien or incum-
brance of the a~oresaid Mortyaye on the romaining part of said mortga9ed premises not hereby released
` therefrom, or any of ihe rights and remedies of the holder lhereoF.
; IN WITNESS WHEREOF, the said SUN BAr'K/SOUT~i FLORIDA, NATIONAL ASSOCIATION, mortgagee
` has caused these presents to be axecuted in its name, and its corporate seal to be her~unto affixed, by its
E proper officers thereunb duly authorized, th+s ~,~,/I~~- day of <•r ,l~ ~ A.D. .19~`1.
~ .
~ S~gned, aled and delivered in the presence oi: ~Co?~ora~e Seal)
~ - , - S'JN BAIvKf SOi3TH FLORID •
r ~ ~ :~ATIONAL ASSOCIATIOI+~~'~
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, , _ . _.~,s_ . . _ . ` .
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` _ f '~ty~'iC( ~ ttltu~ , l Jll~~ . . . r
' ' c._ _ _ _ . _ _ gy . _ :
; DIAt+A T. HALLEY, ~ pVice Preici~ea`t. =
~ '90 ~EB -1 1 ~2~ . .
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~ ,~3tute o{ FLORIpA .
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' (hvunt~ nf BROWARD Dt~L'G'.. ~ - , r~ ,
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;~l ~~ereb~ fCerfifp, that cn this day, before me, an officer duly authorized in the Sta?e and County ~foresaid 1o take
ackno.y!edgements, perso~ally appeared SUN BAh'K/SOUTH FLORIDA, NATIONAL ASSOCIATION
Welf known to me to be the Vice President and DIA~A T. HALL~Y respectively of the corporation
pa~tially reieasin4 the mort9age dascribed in the foregoing instrument, and that they severally acknowledged executing the
same in the presenee of two subscribirg witnesses freely and voluntarily under authority duly vested in them by said corpo=
- rarion and that the seal affixed theroto is the trus corporate seal of said corpora?ion.
s ~~itness my hand and of(izial seal in the County and Sfate Ias1 a(oresaid Ihis ~5/lfL~day of ,A. D. lq.~'`/.
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; . _ _ .
/ %ii~ lu~lnu~tc~t~~ prcF~ttc'~~ SUN BAA~IC/SOUTH FLORIDA, N • • , . _ . , ' ,t'!~ . ~ _ ,
25 S. Andrzws Avenue .
.1~l~fn~,~ t ~ . .
Forr I.auderdale, FL 33301 , , .
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