HomeMy WebLinkAboutWyman Fields Foundation Partial Release of Mortgage Lot 2 Block 4 Moss Cove
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Prepared by:
City of Winter Springs
Attention: City Manager
1126 East State Road 434
Winter Springs, FL 32708
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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
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F1LE NUM 2003169520
OR BOOK 05028 PAGE 0311
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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
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By: ~~~%;~~i;'t ~: ~ :
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City Manager "'c:., J tv, :'.,:;- :
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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
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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