EXHIBIT 10.96
DISCHARGE OF MORTGAGE
A certain Open-Ended Mortgage, Security Agreement and Assignment of
Leases and Rents dated October 29, 1999, between IGI, INC. and FLEET
CAPITAL CORPORATION for the purposes of securing IGI's obligations more
particularly described therein (the "Mortgage"). The Mortgage was recorded
or registered in the office of the county recording officer of Atlantic
County, New Jersey, on November 4, 1999 in Mortgage Book 7182, page 294.
Fleet Capital Corporation has agreed to discharge this Mortgage and
release the Mortgaged property as security for the loan obligations for
sufficient consideration, the receipt of which is acknowledged by Fleet
Capital Corporation.
The Mortgage may now be discharged and Fleet Capital Corporation
hereby directs that the Mortgage be discharged of record.
I sign and CERTIFY to this Discharge of Mortgage on May 29, 2002.
WITNESS/ATTEST: Fleet Capital Corporation,
A Rhode Island Corporation
/s/ Xxxxxx X. Xxxxxxxx By: /s/ Xxxxxxx X. Xxxxxxx
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Name: Xxxxxx X. Xxxxxxxx Name: Xxxxxxx X. Xxxxxxx
Title: Assistant Secretary Title: Senior Vice President
STATE OF CONNECTICUT )
) ss: Glastonbury May 29, 2002
COUNTY OF HARTFORD )
On this the 29th day of May, 2002, before me, Xxxx Xxxxxxxxx, the
undersigned officer, personally appeared Xxxxxxx X. Xxxxxxx, who
acknowledged himself to be the Senior Vice President of Fleet Capital
Corporation, a Rhode Island corporation, and that he as such Senior Vice
President, being authorized to do so, executed the foregoing instrument for
the purposes therein contained, by signing the name of the corporation
himself as such Senior Vice President and as his and its free act and deed.
IN WITNESS WHEREOF, I hereunto set my hand.
/s/ Xxxx X. Xxxxxxxxx
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Commissioner of the Superior Court
Notary Public
My Commission Expires:
XXXX X. XXXXXXXXX
NOTARY PUBLIC
MY COMMISSION EXPIRES FEB. 28, 2005
Instr# 2055939 XXXXXXX X. XXXXXX
Recorded/Filed CB Atlantic County Clerk
06/20/2002 15:19 Bk 372 Pg 1 of 2 FLE
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STATE OF CONNECTICUT, COUNTY OF HARTFORD ss: Glastonbury
I CERTIFY that on May 29, 2002, Xxxxxx X. Xxxxxxxx personally came
before me, and this person acknowledged under oath, to my satisfaction,
that:
(a) this person is the Asst. secretary of Fleet Capital Corporation,
the corporation named in this document;
(b) this person is the attesting witness to the signing of this
document by the proper corporate officer who is Xxxxxxx X. Xxxxxxx, the
Senior Vice President of the corporation;
(c) this document was signed and delivered by the corporation as its
voluntary act duly authorized by a proper resolution of its Board of
Directors;
(d) this person knows the proper seal of the corporation which was
affixed to this document; and
(e) this person signed this proof to attest to the truth of these
facts.
/s/ Xxxxxx X. Xxxxxxxx
------------------------------------
Name: Xxxxxx X. Xxxxxxxx
Title: Assistant Secretary
Signed and sworn to before me on
May 29, 2002
/s/ Xxxx X. Xxxxxxxxx
-----------------------------------
(Notary)
XXXX X. XXXXXXXXX
NOTARY PUBLIC
MY COMMISSION EXPIRES FEB.28, 2005
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