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Part Rel of Mtge 840- (529-531) BOOK ~ AI} ,5')Q OLt PAGE ,,~'-> WJ>~ h, ' ,,' . J .. \~~, ... .> 2.0- . i -;: >;.. PARTIAL RBLEASE OF MORTGAGE KNOW ALL MEN BY THESE PRESENTS: WHEREAS. BLUE OCEAN VILLAS INC., a Florida corpora- tion, by Indenture of Mortgage dated the 27th day of December, 1948, and recorded in the office of the Clerk of the Circuit Court in and for the County of Dade, State of Florida, under Clerk's File No. X-117343, granted and conveyed unto RELIANCE LIFE INSURANCE COMPANY OF PITTSBURGH, a Pennsylvania corporation, and assigns, the premises therein particularly described, to secure the payment of the sum of ONE HUNDRED FIFTY THOUSAND and NO/IOO (~150,OOO.00) DOLLARS, with interest as therein mentioned; and WHEREAS, said BLUE OCEAN VILLAS INC. has agreed to sell to the City of Miami Beach, Florida, and the City of Miami Beach, Florida, has agreed to purchase from said BLUE OCEAN VILLAS INC., free and clear of the lien of said mortgage, the following described property, to-wit: That portion of Lot One (1) through Lot Six (6) in Block "N" of ATLANTIC HEIGHTS as shown on the corrected Plat thereof, recorded in Plat Book 9, Page 14, of the public records of Dade County, Florida, said portion being more fully described as follows: Begin at the northeasterly corner of Lot One (1) in Block "N" of ATLANTIC HEIGHTS; thence run southeasterly along the northeasterly line of said Block "N" a distance of Three Hundred Eleven and Fifty-nine one-hundredths (311.59) feet to the point of curvature of a curve having a radius of Twenty (20) feet, said curve being at the south- easterly corner of Lot Six (6) in said Block "N"; thence run along said curve deflecting to the right to a point, said point being Nine (9) feet south- westerly of the northeasterly line of said Block "N" produced southeasterly, said Nine (9) feet being measured at rif.ht angles to the northeasterly line of said Block 'N", produced southeasterly; thence run northwesterly along a straight line parallel to and Nine (9) feet southwesterly of the northeasterly line of said Block "N" to a point on the north- westerly line of said Lot Six (6), said Nine (9) feet being measured at right angles to the north- easterly line of said Block "N"; thence run north- westerly along a straight line to a point on the southeasterly line of Lot Two (2) of said Block "N", said point being Ten (10) feet southwesterly of the northeasterly line of said Block "N" and measured at right angles to the northeasterly line of said Block "N"; thence run northwesterly along a line parallel to and ten (10) feet southwesterly of the northeasterly line of said Block "N" to a point on the northerly line of Lot One (1) of said Block "N"; thence run easterly along the northerly line of said Lot One (1) to the northeasterly line of said Block "N". - 1 - AP V eTO;\, Qft,f) ,,_j'yi..,-) 5~lO AND, WHEREAS, the said BLUE OCEAN VILLAS INC. has requested the said RELIANCE LIFE INSURANCE COMPA}IT OF PITTSBURGH to release from the lien and operation of said mortgage that part of said mortgaged premises which is contained in and is part of the property hereinabove described; NOW, THEREFORE, KN~, YE, that the said RELIANCE LIFE INSURANCE COMPA1~ OF PITTSBURGH as well in consideration of the premises as of the sum of Ten Dollars (~lO.OO) and other good and valuable consideration, to it in hand paid by the said BLUE OCEAN VILLAS INC. 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 said mort- gage unto the said BLUE OCEAN VILLAS INC., its successors and assigns, all that piece, parcel or tract of land which is con- tained in and is part of the property hereinabove described. TO HAVE AND TO HOLD the same, with the appurtenances, unto the said BLUE OCEAN VILLAS INC., its successors and assigns forever, freed, exonerated and discharged of and from the lien of said mortgage, and every part thereof; provided, always neverthe- less, that nothing therein contained shall in anywise impair, alter or diminish the effect, lien or encumbrance of the afore- said mortgage on the remaining part of said mortgaged premises, not hereby released therefrom, or any of the right and remedies of the holder thereof. IN WITNESS WHEREOF, the said Mortgagee by its duly authorized officers, has hereunto set its hand and seal this 31st day of July 1951. Signed, sealed and delivered in the presence of: RELIANCE LIFE INSURANCE COMPANY OF PIT'l'SBURGH By ~""K. ~ce-president GEORGEL'LANGRt~~~. //, ATTES'fED BY~ 1.. D. WEST ,5:,:~c ",' ",;. y. -,,; (. - ~, ~'-.l j''' ~;L.. ';,j/~I :....;!~~..... v., "", ,"- ~ ~ ) -' - y 'F~-'\\ ':;J "...:: ,\.' 0, :,-_':~7':.~::~.::;~:(<> ........ ~-&~~k._ .~ 2 '-:: STATE OF PENNSYLVANIA COUNTY OF ALLEGHENY '1..(" Q~1:n ',",' 1':::31 ['" I j' l''''',)' ."\' ,- ~ J. "-, 1\ ,_) ~_ ,r,,_,,_ ',";' '- _ I HEREBY CERTIFY, that on this 31st day of July A. D. 1951, before me personally and A; D. WEST appeared ~ORGE L. LAN GRETH Vice- respectively/President and Secretary 01' RELIANCE LHE INSUHAHCE COMPANY 01<' PITTSBURGH, a corporation under the laws of th~~tate of Pennsylvania, to me known to be the persons described In and who executed the fore- going conveyance to BLUE OC~AN VILLAS INC., a Florida corporation and severally acknowledged the execution thereof to be their free act and deed as such officers, for the uses and purposes therein mentioned, and that they affixed thereto the official seal of said corporation, and the said instrument is the act and deed of said corporation. WITNESS my signature and official seal at Pittsburgh in the County of and State of Pennsylvania My commission expires: CMWEtA L. VARA 616 FARM~:H3 BANK BUilDING PjTr&8YRGII ff. FA. COMMISSION EXPIRES MAY 2, It51' _, ,I ~;j:;o. , '/ ~ , - ~1~- -'" 0:", , ~ , ,)~: Allegheny the day and year last aforesaid. ~;><-.~4 ~-cI~ Notary Public State of PennsvlvaniB State of Florida, County of Dade. This instrument was filed for record the -: -il :Z of ~- 1951 atL4.....z2.~:M and duly recorded ,"_.1 .. . ~ Boc* s'1' IJ ......on Page,,;r~.?___ File No, AA_g:~f.:r..~- E. B. L:2ATHERMAN Clerk Circuit Court By ~czz4-<A; - ~- / IUl 3 '1 L." 0\ ';J J L": C'l "" 00 C> -' ~ c;:; g "- " ... 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