CITICORP REAL ESTATE
'-
I
I
SATISFACTION OF MORTGAGE AND SECURITY INSTRUMENTS
KNOW ALL MEN BY THESE PRESENTS:
WHEREAS, CITICOPR REAL ESTATE, INC., a Delaware corporation
("Mortgagee") is the owner and holder of the following described MortgagE
and Security Instruments from J.K. Financial Clearwater Square, Inc., a
Florida corporation ("Borrower"):
1. That certain Mortgage and Security Agreement dated
December 11, 1984, and recorded December 11, 1984, inOfficial
Records Book 5893, Page 639 of the Public Records of Pinellas
County, Florida (as modified and amended in ORB 6408, Page
1089; ORB 6427, Page 533; ORB 6474, Page 1114; ORB 6578, Page
1873; and ORB 6809, Page 240, the "Mortgage") encumbering
certain real property described on Exhibit A hereto;
2. That certain Collateral Assignment of Rents and
Leases dated December 11, 1984, and recorded December 11, 1984
in Official Records Book 5893, Page 656 of the Public Records
of Pinellas County, Florida (as modified and amended in ORB
6809, Page 245, the "Assignment"); and
. I
3. That certain Financing Statement (the "Financing
Statement") recorded December 11, 1984 in Official Records Book
~B93, Page bb' of the Public Records of Pinellas County,
Florida as amended in ORB 6809, Page 249 (the Assignment and
Financing Statement are collectively referred to as the
"Security Instruments");
NOW, THEREFORE, Mortgagee hereby directs the Clerk of the Circuit
Court of Pinellas County to cancel the Mortgage and Security Instruments
of record.
Signed, sealed and delivered
~7Cv~
~v~
- a- e:_&_ :~ _
CITICORP REAL ESTATE, INC.,
a Delaware corporation,
By: ~
me: :r.o.rl! Ii'II r, - C"'~1''Ily
itle: {,/Ite //fIZ'/';CNr
2502 Rocky Point Road
suite 695
Tampa, Florida 33607
I
I
STATE OF FLORIDA )
) SS.:
COUNTY OF ~\ \ci) be,cv'j'r-. )
The foregoing instrument was acknowledged before me this 29th day of
March, 1993 by:J(j<,-€,O'n Mc(o'('~\..'1 ' as V \c E'_ ~,ps\de f""\ '\' of Citicorp
Real Estate, Inc., a Florida corporation, on behalf of the corporation.
He/she is\]er-sonii'lly known to me~)or has produced a driver's license as
identification and did not~e an oath.
Q~ee~~~
Notary Public, State of ~\0< \cJ.c-..
My Commission Expires:
My ~~~~I~S~~~CE Slate M F:Mldo
Bonded thru xpln::-s JU:te 3,1;94
PICHARD Inc.;. A,~~n~y
2
I
I
EXHIBIT "A"
LEGAL DESCRIPTION OF THE LAND
PARCEL III:
Lots 1, 2, 3 and 4, Block "13" of GOULD AND EWINGS 1ST AND
2ND ADDITION TO CLEARWATER - HARBOR, FLORIDA according to a
map or plat thereof recorded in Plat Book 1, Page 52 of the
Public Records of Hillsborough County, Florida of which
pinellas County was formerly a part, less road right-of-way,
together with that portion of said Block "13" which was
formerly an alley, running East and West through said Block
"13", also vacated railroad right-of-way described as -
follows: Begin at Southeast corner of said Lot 2, Block
"13", run thence East, along the Northerly right-of-way of
Park Street, 60.18 feet thence Northerly along the Easterly
right-of-way line of said railroad right-of-way also the
West lines of Lots 7 & 8, Block "20" of said GOULD AND
EWINGS 1ST AND 2ND ADDITION, 229.0 feet more or less to the
Southerly right-of-way line of Cleveland Street; thence
West, along the said right-of-way line; 60.18 feet thence
along the Westerly right-of-way line of said railroad right-
of-way line also the Easterly line of Lots 2 and 3, Block -
"13", of said GOULD AND EWINGS 1ST AND 2ND ADDITION, 228.93
feet more or less to the Point of Beginning. All being in
Section 16, Township 29 South, Range 15 East, Pinellas
County, Florida.
ALSO DESCRIBED AS:
Beginning at the Southeast corner of Lot 2, Block 13 of said
GOULD AND EWINGS 1ST AND 2ND ADDITION; thence along the
Northerly right-of-way of Park Street (Park Avenue - Plat)
(A 60 foot right-of-way), North 89045'53" West, 110.22 feet
to the Southwest corner of Lot 1, Block 13 of said GOULD AND
EWINGS 1ST AND 2nd ADDITION; thence along the Eastern right-
of-way of South Garden Avenue North 00002'16" East 227.94
feet to the apparent Southerly right-of-way line of
Cleveland Street as it now exists; thence South 89050'01"
East 189.03 feet to the Easterly line of the vacated
S.C.L.R.C. right-of-way; thence South 04042'26" West 228.86
feet (229.00 feet, Deed) to the Northerly right-of-way of
Park Street (Park Avenue - Plat) (A 60 foot right-of-way);
thence North 89045'53" West, 60.18 feet to the Point of
Beginning.
A-1
MIFS02...:\RE\88\35888\0482\1450\EXH32793.N30
.
,.
I
I
Together with all those volumes of air space situate in the
City of Clearwater, Pinellas County, Florida, containing the
third and fourth floors of a parking garage structure and
the ramp leading from the second floor to the third floor
thereof, as described in Parcels I and II as follows:
PARCEL I:
Commence at the Northeasterly corner of Lot 3, Block "6"
MAGNOLIA PARK SUBDIVISION as recorded in Plat Book 1, Page
70, Public Records of Hillsborough County, Florida of which
Pinellas County was formerly a part, as a point of
reference; thence North 89045'53" West, along the Southerly
right-of-way of Park Street (Park Avenue - Plat) (A 60 foot
right-of-way) 218.94 feet; thence South 00014'07" West,
15.00 feet to a point on the face of a precast concrete
wall, said point being the point of beginning; thence
continue along the face of said wall South 89045'53" East,
189.21 feet; thence South 00014'07" West, 206.42 feet;
thence North 89045'53" West, 94.38 feet to point "A" for
convenience; thence North 89045'53" West, 94.83 feet to the
intersection of the face of said precast concrete wall and
the face of a masonry wall; thence North 00014'07" East,
206.42 feet to the point of beginning.
The lowest limits of said air space being the bottom of the
support beams for the third floor of the parking garage at
the lowest level of said beams, having an elevation of 43.71
feet. The upper limits of said air space being an elevation
of 64.21 feet elevations referenced to National Geodetic
Vertical Datum of 1929, Mean Sea Level - 0.00.
PARCEL II:
Commence at the aforedescribed point "A" as a point of
reference; thence North 00014'07" East, 184.21 feet to the
point of beginning of a 63.00 foot strip being 31.50 feet on
each side of the following described line; thence South
00014'07" West 162.0 feet to the point of termination.
The lower limits of said air space being an inclined plane
along the bottom of the support beams for the ramp leading
from the second to third floors of the parking garage. The
lower point of which is the point of beginning having an
elevation of 35.71 feet; the upper point of which is the
Southerly boundary thereof having an elevation of 43.71
feet.
The upper limits of said air space being the lower limits of
Parcel No. I above described.
A-2