HomeMy WebLinkAbout1589 . ~3sz~ ~
PARTIAL RELE~ISE OF _r10RTGAGE
KNOW' ALL MIEN BY THESE PRESENTS:
WHEREAS, Y. UTCHINSON ISLAND LI1~I~ITED PARTNERSHIP, 1~Iortgaj;or,
by Indenture of ~Iortguge becuing date the 15th day of august, A.D., 1978, and recorded
in the office of the Clerk of the Circuit Ccurt in end for the County of St. Lucie,
State of Florida, in Official Records Book 292, Page 1543, mortgaged unto THF. FIRST
N ATIONAL BANK OF CHICAGG, t?ational association and assigns, Mortgagee, the
premises therein particularly described, to secure the payment of the sum of THREE
MILLION FIFTY THOUSAND and NO/100s (S3,050,000.00) DOLLARS, witi~ interest as
therein mentioned; and
WHEREAS, 1~Io: tgagor executed a Uniform Commercial Code Financins~
Sta:iement filed on August 16, 1978, and recorded in Official Record Book 292 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 8, 1978, with :he Secretary of State, State of Florida,
under File No. 929816; and
WHEREAS, the said HtiTCHINSON ISLAND LI:WITED P4RTrIERSHIP has
requested the said THE FIRST NATIONAL BANK OF CHICAGO to release the
premises hereinafter described, being part of said mortgaged premises, f*o,n the lie*:
and operation of said l~io: tgt~e:
:YO«', T?iEREFORE, KNOK' YE, T:~at the said THE rIRS'I' a~rlov ~y
BA,\h: OF CHICAGO as well in consideration of the premises as ,~f the sum of T'Ei~ an:'
NO!1~~~)s 010.00) DOLLARS, to zt paid 5y the said iiL'TCHIiJSON ISLAtif. LIti1lT~ED
P:1R; NERSHIP at the time of the execution hereof, the receiQt Khereof is Hereby
acknowledged, does remise, release, quit-claim, exonerate and discharge from t!:e lien
Qnd operation of said Mortgage unto the said I:UTCHINSON LSLAND LIMITED
PAP.T~IERSHIP its heirs ar;d assigns, all that piece, parcel o* tract of land, being a
oxrt of the p°emises conveyed by said mortgage, to-wit:
Condominium Unit,~~ of GOLF VILLAS, a Con-
dominium, according to -the Declaration of Coa-
.dominium therefor recorded in Official Reccx•d Book
X02 ,page 1250 , et seq., Public Records of St.
Lucie County, Florida, together with the undivided
interesiw appertaining thereto cu:•suant to said De-
claration.
TO HAVE AND TO HOLD the same, with the apouctenances, unto :he said
HUTCHINSON LSLAND LIMITED PARTNERS:-iIP its heirs and assigns forever, 'reed.
exonerated and discharged of and from the lien of said `Mortgage and Commercial
Code Financing Statements, and every part thereof; provided always, nevertheless,
`s that nothing herein contained shall in anyv:ise impair, alter or diminish thz effect, lien
or incumbrance of the aforesaid Mortgage and Commercial Code Firar.cia? _
Statements, on the remaining part of said mortgaged premises not beret}• r~~leas~~
therefrom, or any of the rights alld remedies of the holder thereof.
IV WITVESS :WHEREOF, the said THE FIRST NATIO?i aL 3A~f: Qr
<,HIC aG0 has causad these Qresents to be executed in its name, and its corporate serl
to oe hereunto affixed, by ifs proper officers thereunto duly authorized, this dry
~ of , 1979.
Signed, sealed ara delivered THE FIRST NaTIO"lAL EA:IK OF CHICAGO
in the Qresence of: (Corporate Seal)
t
CL±.v~: Vice ~'residen: _
c - ! ~ - lc -
Thi; intilru:,z.:yt t'r,•;:..r..: .
, . ~ { f
. .
; 3;. , , ! ~ ? ~ R 3U4 (1587
r