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HomeMy WebLinkAbout1288 Minne O1-23048034 ^ ~ ~:3616'~ PARTIAL RELEASE OF y10RTGAGE I~NOtti ALL VtEN BY THESE PRESENTS: WHEREAS, HUTCHINSON ISLAND LI?4t•ITED PARTNERSHIP, `Iortg~gor, by Indenture of Slortgage bearing date the 15th day of August, A.D., 1978, and recorded in the office of the Clerk of the Circuit Court in and for the County of St. Lucie, State of Florida, in Official Records Book 292, Page 1643, ;rortgaged unto THE FIRST NATIONAL BANK Oi:' CHICAGO, national association and assigns, tiiortgagee, the premises tliecein particularly described, to secure the payment of the surn of THREc 1rIILLION FIFTY THOUSAND and VO/100s ($3,050,000.00) DOLLARS, with inter est as therein mentioned; and ZVHEREAS, ~tortgaoor executed a Cniform Commer. ial Code Fina.~cirg Statement filed on August 16, 1978, and recorded in Official Record _3ook 2i+2 at Page 1658, of the Public Records of St. Lucie County, Florida; and WHEREAS, Mortgagor executed a Uniform Commercial Code Financing Statement .filed on September 3, 1978, with the Secretary of State, Stag of Florida, under File No. 929816; and WHEREAS, the said HUTCHINSON ISLAND LII+IITED PARTNI:RSIj;P Has requested the- said TEIE F1ItST NATIO~'AL BANK OF CHICAGO to release *.t:e premises hereinafter described, being par: cf sa;d ;nortgaged premises, °rom *_he lieu and operation o' said \iortgage: v01+1i, TIiI:REFORE, ~i`O~ti YE, Thai the said THE. FIRS''.' A~i's~~~v==~'.- t3:~:IK OF CHIC:~GO as n~ell in consideratior. of the p_~m?ses as of the .~u:r: o± ':E`~ ~ NO,/100s 0:0.00) DOLL:~RS, to it paid by the said :iLTChI:vSON iSLAyD Li;::TEr? P?~RT\ ERSHIP zit the tame oi' the execution hereof, the rec~ip~ whereof is heret;v acknowledged, does remise, release, quit-claim, exonerate and disenarge °ro:~ the lien and operation of said l~'Eortgage unto the said liL'TGHINSOv ISLAND LII;ITEv PARTNERSHIP its t'~eirs and a~sigrs, all that piece, parcel or L~act of ?aid. being a part of the premises conveyea 5y said mortgage, to-Wit: Condominium L'nit ~ of GOLF VII.: ~S, a Cor?- dominium, accoeding to the Declaration of Con- dominium therefor recorded in Official Record Book 302 ,page 1250 , et seq., Public Records of St. Lucie County, Florida, together wit!, the undivided interests appertaining thereto pursuant *_o said De- i claration. f TO HAVE AND TO HOLD the same, wits the appurtenances, ;:r.~o the sari HLTCHINSON ISLAND LIMITED PARTNERSHIP its Heirs and assigns forever, f:end, i exonerated and discharged of and from the lien of saiu Mortgage and Com rneccial ! Code Financing Statements, and every part thereof; prodded always, neverthelas~, that nothing herein contained shall in anywise impair, alter o: diminish the effect, ~i2r_ or incumbrance of the aforesaid mortgage and Co?n::iercial Code F::?_a;~cir Statements, on the remaining part of said rnortg^;ed pre:T:ses not here:;y :e?eased therefrom, or any of the rights and remedies of the Holder thereof. IN i~11ITVESS ~VHEREOF, the said THE FIRST \'ATIONaL ESANI: O.' CHICAGO has caused these Qresens to be a_xectaed i:, its name, and its corpo: zee seal to be hereunto affixed, by its proper officers thereunto duly 3utherized, ih3s day ~ ~ cf ~~~.ti~ , 1979. Signed, seeied snd delivered THE :~iRST ~ aT:OV:pia BANE: Or CEiIGA~~v ~r. the ~,resence of: (Corporate Seal) ;ii,t~~i:::sir:;j;J:a Eye -~"'"`~?'`'~~-=~~~U`'t~c'~`=,i: ~ r t! elf. `a F ir..- ;r~ :r j - l s ~ 1 . . ` C~ .nt} _