The URL can be used to link to this page

Home My WebLink AboutMcGaba Partial Release -2003 10 17 ~ ~ ~ I...... _11___ ____._________._ THIS INSTRUMENT WAS PREPARED BY AND SHOULD BE RETURNED TO: MARYANNE MORSE, a.ERK IF CIRCUIT lDJRT SEMINOLE CllMTY BK 05105 PGS 0853-0857 CLERK'S # 2003207120 RECORDED 11/19/2003 04:04112 PM RECORDING FEES 24.00 RECORDED BY L Woodl" Joseph C. L. Wettach, Esquire Zimmennan, Shuffield, Kiser & Sutcliffe, P.A. Landmark Center One. Suite 600 3 15 East Robinson Street Orlando, Florida 32801 (407) 425-7010 PARTIAL RELEASE OF MORTGAGE KNOW ALL MEN BY THESE PRESENTS: WHEREAS, MCGABA, LLC, a Florida limited liability company (hereinafter referred to as the "Mortgagor"), whose address is 4986 Courtland Loop, Winter Springs, Florida 32708, by Indenture of Mortgage bearing the date February 1,2002, and recorded on February 8. 2002, in the office of the Clerk of the Circuit Court in and for the County of Seminole, State of Florida, in Official Records Book 4320. Page 1063, as modified by that certain Mortgage and Note Modification Agreement recorded on March 31, 2003, in Official Records Book 4762, Page 1861 and as further modified by that certain Notice of Future Advance Mortgage and Note Modification Agreement recorded on August 29, 2003, in Official Records Book 4986, Page 1752, granted and conveyed unto THE CITIZENS BANK OF OVIEDO (hereinafter referred to as "Mortgagee"). whose address is P. O. Box 620792, Oviedo, Florida 32762-0729, the premises therein particularly described, to secure the payment of the sum of FIVE MILLION SEVEN HUNDRED FIFTY THOUSAND AND NO/100 DOLLARS ($5,750,000.00), 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 pursuant to the terms of that certain Binding Development Agreement by and between Mortgagor and The City of Winter Springs, recorded in the Public Records of Seminole County. Florida under Official Records Book 4839. Page 1896. NOW THEREFORE, KNOW YE. that the said Mortgagee. in consideration of the premises and of the sum ofTEN AND NO/100 DOLLARS ($10.00) to it in hand paid by, or on behalf of, the said Mortgagor at the time of the execution hereof, the receipt whereof is hereby acknowledged, does remise, release. quit-claim, exonerate and discharge from the lien and operation of the said mortgage unto the said Mortgagor, its heirs and assigns, that certain portion of the premises conveyed by said mortgage, more particularly described as follows: LEGAL DESCRIPTION ATTACHED HERETO AS EXHIBIT A AND INCORPORATED HEREIN BY REFERENCE. TO HA VB 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 0909349A0800341690S32v2 Mortgage, and every part thereof; provided always, nevertheless, that nothing herein contained shall in anywise impair, alter or diminish the effect, lien or encumbrances 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 manner and form sufficient to bind it this --D-. day of October, 2003. Signed, sealed and delivered in the presence of: THE CITIZENS BANK OF OVIEDO ,~~~-- ..N... ..~.'~.<'''''..''. '....,.....~.. ../. .../;,. ... '. ~'........ .^..,,,'...'.....'........................'.'.'..1'..'.}."....'.',..'.'.&......"'.'.""'.'. . :~...h\;.'. ~~~.,4~,.;., .;~. ;.,..:.:.:v-;;;.;L>::~ .~~js~'mm..'..........mm... ~rnr:l!.................atA.'1h............. ......... ....................... By: Name: Title: ~tf1~ -r;,:." VVl. s /....tfff'l! V\. , e ' President ATTEST: By:g~~,!pGw..VnJ Name: . ..................l.!.b.a.be<.TY..l...t~1..A.u.l(:.Q......... Title: vP mQrl(e:\:::.inj (SEAL) ~~~FO~~'.A.~.Q.~ _ The foregoing instrument was acknowledged before me this ~ day of October, 2003, by t~ 5\'-',"-l\V'\. ,as V~~JL President, and , as \ , of THE CITIZENS BANK OF OVIEDO, on behalf of the bank. They ~ personally known to me or 0 have produced as identification and did [not] take an oath. ~,'\\"""""II'" (N~"t~r/~ # ,'~~\SSION /:'~" ~ s .' (;:JII'" 1 ""f;Q. ":'- S Ic.l #l 4,"a~" ~ ~ it,! ~(P:*~ =*: .... : = - . . = i ~ ~ ICC909572 ; ff ~ ~:o'. A..L.""'" .' g:~ ~~'. A....IlllIO"'~ .d9~ ~.~ ..~~Fain-~~.. "<; '.~ ~ r..ou"........:c, ()<c ~ . ~II" dLle SiPi\"~\\~ ~',III"im'\\\'\ 0909349/080034/690S32v2 ~. .... O.'~...=U... ....i....c:....\............w..~~ r"\ 1~. ,l)<r'u. ,.."'.t'N'.....'Yi~' \.' a... .J"... ."'\1:-:....,.,..\;,'. .-. 'u~.. . .. . .... ...~... ~ ~ ,>>".. ~~::j!~ik~~:~t~t~{)(.ts\~~.~.~............................... ~<tt~Utruhis~i01;tf~!kpit~$:....~ \.l~M .".""....w.w........ ..:it.. EXHIBIT A LEGAL DESCRIPTION [SEE A TTACHMENTSl 0909349f080034/690S32v2 . . .....::...... . ..~.~-"o!o!-:.;.;.;..-.lIJv.'to~....u.........;.. AportlOfS Of Lot (!It BloCk D. ;JR. ..itch.lI". Survey Of Levy Grant. rooorded In Plat look 1, Page e, Of the Public Rlcord. of Semlnoll County, Florido. . more partlC\,llary dtlcrl"d os. followa. . Cornt1"lenct ot th, Inter.leUon.~' the IOUth rfght of woy line of Stote RCQC= No. 43" ond the west. .1,"1 f>' Stone Cable. oCeOI'dl"i to Ute plat thereof cas recorded In Plot eo~ 5....Pag. 14, of ,,,- Public Recorde of Seminole County norSe; th,nc. $07'OO'49-E QlQng told.wt.t Ifne ~7d to t"- PoInt of s..mnJ~i thence S82'S9'.'S.W.: JO.OO'~ ~ttenc' S07'OO'45.E, ~e8.0$'. thence S141),,'2I"E. 49.9"': thence ~2'9.44 E. !55.eO' toa point on sold west 1""- of Stone ~ble: lhenceN07'OO'4;"W.olon; lold west line, 288.08' to . the Point of Beginning. :Solcl lOAds Iylt'tg' iC'I CIty Of wtnt.r $pr1ngl, Sem/l'lOl. County. F"IorldG . c'4Wltoiftlf\9 0.18 act'tM mort ~ I.... _,so to IIM!!!..... C!.~ H07'IllrWW AU;1NG. 1Ht; ..... "'-r*t~~f~t 1 m ":iiioT'..a=,....,. ell ....,.($ .- Of 1lICllIlD.:.p, .... ... ~1ICINt .. 00 ....., CP1If'Y '!MAT,", .1'TACHID MTOC f' DIXIlPlMI,...;I'" ~ANct: ~ NIl'UCAILt ...... '/IClNNIOAl. IfMlWlOt lIT rOInH flY l'L.CIIIOA &llIItIIS1RA'lI\C CCOI ., 0.' 1:~.""'V.,.;, ifji. ., .~ .. ~(g~} _.$!..t- ~ ~:~t6-....~ .....:'",>>..wt-.al w..... ~1t!!IIIIIN~. oX'( . <:(1 -.,s'U(( o:........-.-<!'o!'.,.. \i........... :.....""'~_""'....~...:......... l.";.."",-~ J:: . >w.}~Vw:g:~ I ~ .g~~;<H( -.................<1"....'01............ :~t:t; t. w':' :: ..: .mxHtel1'.. 1."....\~11JLi...... j ! < , l. , ~ ~ .~ ~- ! -- t""'..........~~~!~~, ~ :. !..~-:,,-:.;-:.;~~~ ';.;.~....~'l~ :~~.:.~~ :,,!.l :.;~.'" ~. I i '.. ... .~t~B~'rlf~~QAk _.,;<<ot....~~..oN.:>oN-'....... ..~:..II....!~~O:>(~+l...... ..~~~<.._~"<tol. -''I ..;AIIM>5 j .. ..' .'. '.' ALDJt. iNC, ......:. l~.,~~~,W~~~~~ ..... s(;';F-"'1~1I~'~ritr ~~~<>>l.f~~it> ~^\m ~." Q;'" I.F,'~.....: ..H.lt,:'f.$l. .,~.,..%....,.,~.^,.:..... w_ } . ~'(~....:.;;'......~..~~~<:, - "':,~ .._~~ - ~~" ...........:~f.. ......:.::<<-.. ..... . ~T\>~.~~t.~t~~~~.M~ ~~~~~<~~Will~;&.~~#l1tl>~~~..~<~ '.' -.........-.........,... ...............:.:.. '..~..;;..:::~...... ._.:.......-.-...-.:..;.;.;.;.... ..- _............ ..........:....... I . .~ 1 r 1. J 1 ~ J c ~ ~ I I ~ f I ;: i: ~ i ; t'.>".~. . -. , ....,,--.. ;$t~1t~~~q. . ~:~~ .J'.,~.Ji...\I~................ ''; .........l..Ji....... ~,,~~,Iit. _M_ /.......'O'l.~.'" ...... .. "':. '.~\ii~','~-.;r,;:.. . .. . .;./ ............>.~.t .../ "~I '.;i $~ 1 . ... ........... ... '1.1':... /l>"i~ · l ::::::;7>~!c' ~*tl',~~~" ....'if Sl''',.a ........~...~.. .......,..~...... ~... L 1 \ F .~.. ~ \.. \. \,/ '\ .... . ...... .'.'.'.. ...... .., ..-- -..,.,.. .-.... . ...",...... .". 'Io;~. . ~ . >T. ..................,. ... ..............\.. ... ............l. .. . -or ............!. ~J~4~-At . ..~~r j . ' . J444 . -4, .~~ .......): i I , I I I I l ~: I I I I I I l ~. j ~. ~ ~ ~ ~ I , i I .~ I I t I I i I L ~...~~~".~ . ~~~ I . .. . ~ ~ir~t(l; ..~