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HomeMy WebLinkAbout0271 . . . 4~~3`~, Cross Reference to: (i) O.R. Book 259, page 125A, STATE OF ILLINOIS and (ii) O.R. Book 259, PARTIAL REL~:ASE page 1276, Public Records COUNTY OF COOK of St. Lucie County, Florida CONTINENTAL ILLINOIS NATIONAL SANK AND TRUST COMPANY OF CHICAGO, a national banking association organized and existing under the laws of the United States, the holder of those certain mortgages (the "Mort- gaqes") being more ~articularly described as follows: (i) Mort~gaqe and Security Agreeme~t, dated October 27, 1976, recorded in O.R. Book 259, page 1254, public records of St. Lucie County, Florida, and (ii) second-in-priority Mortgage and Security Agreement, dated October 27, 1976, recorded in O.R. Book 259, page 1276, aforesaid records, exe- cuted by HUTCHINSON ISLAND CLUB, INC. ("Mortgagor") to CONTINENTAL ILLINOIS NATIONAL BANK AND TRUST COI~ANY OF CHICAGO ("Mortgagee"), in consideration of TEN DOLLARS ($10.00) and other good and valuable „ considerations, the recei.pt and sufficiency of which are hereby ac- • knowledged, does hereby remise, release, quitclaim, exonerate and h~s discharge from the lien, security interest and operation of the said Mortgages unto the Mortgagor, its successors and assigns, that cer- tain~portion of the Premises encumbered by the Mortgages more particularly described as follows: 1104 That certain Condominium Parcel, ~i^g Unit No. PH-5; a Condo- a r, minium in accordance with and subject to the covenants, condi- a,° tions, restrictions, terms and other provisions of that "De- 0 o claration of Condominium for Hutchinson Island Club, a Condo- .o minium" recorded in O.R. Book 254, page 2128, et. se~., Public Records of said County and all Amendments thereto, including ~ an undivided interest in the Common Elements of said Condominium .A a o as set forth in said Declaration, as amended. - ~ a~ ~ ~ This instrumen~ releases said Condominium Parcel from the lien and Q 3~ security interest of the Mortgages, and from the effect of any instru- ~nts of record modifying or supporting said Mortgages. ~ x ~a ¢'~s~ TO HAVE AND TO HOLD the same, with the appurtenances, unto the ; ~ a Mortgagor, its successors and assigns forever, freed, exonerated, and ; 3~~ discharged of and from the lien and security interest of the Mortgages [ and every part thereof; provided always, nevertheless, that nothing ~~;d herein contained shall in anywise impair, alter or diminish the ef- fect, lien, security in~erest, or encumbrance of the Mortgages on the o m~ remaining part of said Premises, not hereby or heretofore released .ti . therefrom, or any of the rights and remedies of the holder thereof. ~b li w o IN WITNESS WHEREOF, the s id Mortgag as caused this instru- H U~ ment to be executed this ~ da y of ~ , 1977. - Signed, sealed and delivered CONTINENTA~ ILLINqxB •NATIONAL ~ ~ `:.y ~ in the preserice of BANK AN ~ TRUST CQ~!SP Y OF CHICAGO ; ~ i ~ ' • z ' ~ ; , . By ~ 'l~L~~(„~. , • ~ Wlts~`UC~E COUNTY FLIUI~' Vice .Pres ent ~ CEP. POITR~S ; . . Rr. Ci~tCUIT CO 'A test: - Wl R@S ' `~EO . ~ , _ , y ,~ate c2r STATE OF ILLINOIS OCT I T 9 34 AN ~B~K SEAL) . COUNTY OF COOK ~ I hereby certif that on this day before me, an officer duly ~ authorized in the St e and County foresaid to ~~e ack ~wle~gment , personally appeared~ „li'~,~c~ f. ~"~a~-Ct.~~and ~~-n.u- : ~ r.~.~.~ ~ to me known to be the Vice Presi ent and RealEs~ae : , respectiveiy, : of CONTINENTAL ILLINOIS NATIONAL BANK AND TRUST COMPANY F CHICAGO who ~ j executed the foregoing instrument and acknowledged before me that they ~ ~ executed the same for the purpose therein expressed. ~ ~ WITNES ~iy~and and ,erf ' ial seal in the C~~y_' .and State afore- h . ~ ;~.~_.<i said this ~ day of , 19 7 ~ - ' ` . _ as~~ t . : M Commission Ex ires : /~g,a-~-~ t a c_r ; Y P ~ - , otary pu li te:.~a I1 inois ~ , ; ; y, ~v~ / _ l 1 at Larc~, _ , - . r - # ~ :j~ , _ s~~ ~ r ~296 z7y. : ~ ~ ':.,'.~u!" a . _ _ _ _ 'S? ...,a~~c ~ ~ z ~ '`+~`l a., ..'~~3a ~5,,.