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HomeMy WebLinkAbout2007-176 � - S This document was prepared by 12e s n -��• � 5S 9 and should be returned to: Indian River County Attorney's Office 1840 25th Street 1845513 Vero Beach , FL 32960 THIS DOCUMENT HAS BEEN RECORDEI 772-226-1425 IN THE PUBLIC RECORDS OF INDIAN RIVER COUNTY FL BK : 2168 PG : 166, Pagel of 3 05f22/2007 at 03: 14 PM, PARTIAL RELEASE OF MORTGAGE JEFFREY K BARYON, CLERK OF COURT Village Walk South of Vero Beach , LLC , a Florida limited liability company ( MORTGAGOR) , by Mortgage and Security Agreement and Assignment of Rents , Leases and Profits bearing the 1st day of April , 2002 , and recorded in O . R. Book 1480 , Page 2106 , and O . R. Book 1480 , Page 2133 , respectively, of the Public Records of Indian River County, Florida , mortgaged unto Benjamin O . Benham (MORTGAGEE ) , the premises described , to secure the payment of the sum of One Million Two Hundred and No/100 Dollars with interest as therein mentioned ; AND WHEREAS , the said MORTGAGOR has requested the said MORTGAGEE to release the premises hereinafter described , being part of said mortgaged premises , from the lien and operation of said Mortgage ; NOW , THEREFORE , KNOW YE , that the said MORTGAGEE , in consideration of the premises and of the sum of ONE DOLLAR to it paid by the said MORTGAGOR at the time of the execution hereof, the receipt whereof is hereby acknowledged , does remise , release , quitclaim , exonerate , and discharge from the lien and operation of said mortgage unto the said MORTGAGOR and its heirs and assigns , all that piece , parcel , or tract of land , being a part of the premises conveyed by said mortgage , to-wit: SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF TO HAVE AND TO HOLD the same with the appurtenances , unto the said rn MORTGAGOR its heirs and assigns forever, free , exonerated , and discharged of and 3z from the lien of said mortgage , and every part thereof; provided always , nevertheless , that oo nothing herein contained shall in anywise impair, alter, or diminish the effect, lien , or ! z ut encumbrance of the aforesaid Mortgage on the remaining part of said mortgaged Spremises not hereby released therefrom , or any of the rights and remedies of the holder 43 thereof. f Jo X IN WITNESS WHEREOF , the said MORTGAGEE has hereunto set its hand and seal this may of _nN t 2007 . Signed , sealed and delivered in the presence of the following witnesses signature : print name: wr a- �� r,, Benjamin O . Benham signto LGQJ print na e: dlqe� STATE OF FLORIDA COUNTY OFC� li The foregoing instrument was acknowledged before me this �Z day of 2007 by Benjamin O . Benham who is personally known to me or has prod ced N /A as identification . NOTARY PUBLIC sign4nam : ttQ, print ( ' it. ) (SEAL): ComPc)�7 Expiration No . : ti. Gaec z 2010 A MARCIA L. STOUTAMIRE My COMMISSIONk DD57W EXPIRES: Sept. 7, 2010 153 Flalde Notary Sx q.com 2 EXHIBIT "A" A 10-foot strip of land by 454. 91 feet running south to north on a bearing of N 00°04 ' 39" E, and lying east of Sixth Avenue and abutting Village Walk South, a subdivision recorded at Plat Book 17, Page 7, Public Records of Indian River County, and lying in Section 13 , Township 33 South, Range 39 East. TOGETHER WITH A 25 -foot strip of land by 664. 35 feet running south to north on a bearing of N 00° 11 ' 01 " E, and lying west of Indian River Boulevard and abutting Village Walk South, a subdivision recorded at Plat Book 17, Page 7, Public Records of Indian River County, and lying in Section 13 , Township 33 South, Range 39 East. F:\AttomeyWancy\DOCS\MISC\Village Walk South legal description for row strips.doc