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�1 <br />ON MOTION by Commissioner Eggert, SECONDED BY <br />Commissioner Ginn, the Board unanimously approved the <br />request and authorized the Chairman to sign the Satisfaction of <br />Mortgage and Termination of Assignment of Rents and Leases, <br />as recommended in the Memorandum. <br />SATISFACTION OF MORTGAGE AND <br />#A -S BC�,✓TERMINATION OF ASSIGNMENT OF RENTS AND LEASES <br />RECORDEDIN P 14 RECORDS OF INDIAN RIVER COUNTY <br />COPY OF DOCUMENT ON FILE <br />IN THE OFFICE OF THE CLERK TO THE BOARD <br />7X Release & Substitudon of Utility Easement - Michael A. & <br />Angela M. Dees (Strnad� <br />The Board reviewed a Memorandum of April 22, 1998: <br />TO: The Board of County Commissioners <br />FROM: William G. Collins II - Deputy County Attorney <br />DATE: April 22, 1998 <br />SUBJECT: Release of Utility Easement and Substitution of New Utility <br />Easement <br />In 1988 Jerald E. Stmad and Jane M. Stmad, his wife, and Condor <br />Management, Inc., tenants in common, of property in Sebastian lying between <br />U.S. 1 and the FEC Railroad made a grant of a utility easement 20 feet in width <br />over the most westerly portion of a property adjacent to the FEC Railroad. <br />I have recently been contacted by James Taylor, Esq. who is representing <br />purchasers from the Stmad estate. He has discovered that the easement <br />described in 1988 easement was in fact not the westerly most 20 feet adjacent to <br />the FEC Railroad. <br />A 12 -inch force main has been constructed on the westerly portion of the <br />property approximately 6'2" from the FEC right-of-way at the south end of the <br />property and 7'3" from the FEC Railroad right-of-way at the north end of the <br />property. <br />Mr. Taylor proposes to release the mislocated easement which is easterly of <br />where it was actually intended to be, and substitute a new grant of easement <br />April 28, 1998 <br />23 <br />