Loading...
HomeMy WebLinkAboutWyman Fields Foundation Partial Release of Mortgage Lot 2 Block 4 Moss Cove __ _-.--_~; __._. u_ . ......' ~ Prepared by: City of Winter Springs Attention: City Manager 1126 East State Road 434 Winter Springs, FL 32708 ,~ t1o.."!!l~V\.~S~. PARTIAL RELEASE OF MORTGAGE KNOW ALL MEN BY THESE PRESENTS: WHEREAS, WYMAN FIELDS FOUNDATION, INC., a Florida non-profit corporation, whose business address is P. O. Box 126, Yalaha, Florida 34797, (hereinafter called Mortgagor), by Mortgage and Security Agreement bearing date the 10th day of May, 2000 and First Amendment to Mortgage and Security Agreement dated the 13th day of November, 2000 and recorded in the office of the Clerk of the Circuit Court in and for the County of Seminole, State of Florida, in OR Book 3852, Page 1837, and OR Book 3968, Page 578, respectively, mortgaged unto THE CITY OF WINTER SPRINGS, FLORIDA, a Florida municipal corporation, whose address is 1126 E. State Road 434, Winter Springs, Florida 32708 and assigns, (hereinafter called Mortgagee), the premises therein particularly described, to secure the payment of the sum of Nine Hundred Nine Thousand Six Hundred Fifty-Five and 00/100 Dollars ($909,655.00) with interest as therein mentioned; and WHEREAS, the said Mortgagor has requested the Mortgagee to release the premises hereinafter described, being part of said mortgaged premises, from the lien and operation of said Mortgage; and WHEREAS, the City of Winter Springs has agreed to this Partial Release of Mortgage, in consideration of the payment set forth below: NOW THEREFORE; KNOW YE, that the said Mortgagee in consideration of receipt of the sum of Seventeen Thousand One Hundred-Four and 16/100 Dollars ($17,104.16), hereby does remise, release, quit-claim, exonerate and discharge from the lien and operation of said mortgage unto the said Mortgagor, its heirs and assigns, all that piece, parcel or tract of land being a part of the premises conveyed by said mortgage, to-wit: Lot 2, Block 4, MOSS PLACE, Plat Book 59, Page 26, Public Records of Seminole County, Florida (Street Address: 126 Rhoden Lane) "ARYANNE "ORSE, CLERK OF CIRCUIT COURT CLERK OF SE"INOLE COUNTY BK 05028 PG 0310 FILE NUM 2003169520 RECORDED 09/23/2003 09:56:53 AM RECORDING FEES 10.50 RECORDED BY J Eckenroth - 1 - .1....I......lln.......1 F1LE NUM 2003169520 OR BOOK 05028 PAGE 0311 ,; .._~ TO HAVE AND TO HOLD the same, with the appurtenances, unto the said Mortgagor, its heirs and assigns forever, freed, exonerated and discharged of and from the lien of said mortgage, and every part thereof; Provided always, nevertheless, that nothing herein contained shall in anyway impair, alter or diminish the effect, lien or encumbrance of the aforesaid Mortgage on the remaining part of said mortgaged premises not hereby released therefrom, or any of the rights and remedies of the holder thereof. IN WITNESS WHEREOF, the said Mortgagee has caused these presents to be executed in its name, and its corporate seal to be hereunto affixed, by its property officers thereunto duly authorized this ~ day of ~ 2003. Signed, sealed and delivered in the presence of THE CITY OF WINTER SPRINGS, FLORIDA ST ATE OF FLORIDA COUNTY OF SEMINOLE ~"1" ,~,_~"w~T>;~:;t.. \. _.-' ,r~~ "(1/1' ", "i.....;t;.,. _." ,$.' (TO ' '''''!t'IF, ..-- ~,,~ ED'. -:.- d ~ ~ .",... , By: ~~~%;~~i;'t ~: ~ : ,/ 0 c:.,,, City Manager "'c:., J tv, :'.,:;- : (, ,,~) . .//~ '., '.,~:~t\}\~~ t,.,'", . The foregoing instrument was acknowledged before me this JL day of ~tuw1btAa. 2003 by RONALD \)VMCLEMORE, City Manager of the City of Winter Springs, on behalf of the City. He is rt'personally known to me or 0 who has produced . as identification. (Seal) N~tary PU7li9 , Pnnt NamV My Commission E " - 2 - .. QO l. BROWN, SALZMAN, WEISS & GARGAN ESE, P.A. Attorneys at Law Usher L. Brqwn + Suzanne D'AgrestaD Anthony A. GarganeseC Gary S. Salzmano John H. Ward + Jeffrey S. Weiss Offices in Orlando, Kissimmee, Cocoa & Viera Debra S. Babb-Nutcher Jeffrey P. BuakD John U. Biedenham,Jr. Joseph E. Blitch Douglas Lambert Katherine Latorre Jennifer A. Michael Michelle A. Reddin +Board Certified Civil Trial Lawyer oBoard Certified Business Litigation Lawyer DBoard Certified City, County & Local Government Law Erin J. O'Leary Of CONnsel September 11, 2003 Louise Frangoul, Finance Director City of Winter Springs 1126 East State Road 434 Winter Springs, FL 32708 Re: Wyman Fields - Partial Release of Mortgage City of Winter Springs - General Our File No.: 1193 Dear Louise: Enclosed please find an original Partial Release of Mortgage for forwarding to the City Manager regarding 126 Rhoden Lane. Once the partial release has been signed and notarized, please ensure that it is properly recorded in the Seminole County public records. I suggest that you contact the closing agent to determine whether they want to record the partial release. The closing agent may have escrowed the recording fees for the partial release. As always, if you have any questions regarding this matter, please do not hesitate to contact offices. Anthony A. Garganese City Attorney AAG/cg Enclosure 225 East Robinson Street, Suite 660 . P.O. Box 2873 . Orlando, Florida 32802-2873 Orlando (407) 425-9566 Fax (407) 425-9596. Kissimmee (321) 402-0144. Cocoa & Viera (866) 425-9566 Webslte: www.orlandolaw.net . Emall: agarganese@orlandolaw.net