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HomeMy WebLinkAbout2062 •~a~rJ6iji Taylor O' ~ ~ ivy F~ ~y ~ ~ PARTIAL RELEASE O?~' 1IiORTG!13E i~NOW ALL 1;EiI 8Y TIiESF. PR~SF.N'f'S` 1VHEREAS, FIUT'CHINSON ISLAND LI3r1tTED PARTNERSHIP, 1=iort;~agor, by Indenture of l~iortgage 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 Co;~nty of St. Lucie, State of Florida, in Official Records Book 292, Page 163, mortgaged w~to THE FIRST NATIONAL BANK OF CHICAGO, national association and assigns, YortgagPe, the premises therein particularly described, to secure the payment ~f the sun of THREr ~IiLLION FIFTY THOUSAND and NO/100s (53,OS0,000.00) DOLLARS, with interest as therein mentioned; and h'HERE.AS, ~~Ioctga?or executed a Uniform Commercial Code Financirg Stat~rr~ent filed on August 16, 1578, and recorded in Official Record Book 292 at Page 158, of Lhe Public Records of St. Lucie Cou,~ty, Florida; and WHEREAS, Mortgagor executed a Uniform Commercial Code Financing Statement filed on September 8, 1978, with the Secretary of State, ataie of Florida, undar =ile No. 929816; and itiHEREAS, the said HL'TCHINSON LSI.AND LI!~tI':ED PARTNEtSi-::D h=as requested the said TrIE FIRST NATIONAL BANK OF CHICAGO •_o raleasa ti:e premises hereinafter described, being part of said mortgaged premises, from t~:e iien and operation of sai3 Mort;age: ~10tV, T.iERiFJRr., KNO1~' ~'E, That the sai~ Ti?F F::~ST V_1TI0`Ai. BAYK OF CiiIC:~GO as well ir. corsic~ration of the premises as of the suT= of TEN •~r.d NO;l00s !510.00) '•_':JLLAP.S, to i! :aid by the said HL"iCH1i+50:~ LSi,A~L? i-:1L'TED P_1RT ~ EP.3H1P a*_ the time of t!~e ehecution hereof, t~:a receipt :vhereoi is ;:erel: ackncwleeged, ~!oes cerise, re?ease, q:sit-claim, exonerate and ~ischar7~ from Lire liz:: arcs operation a: said Zior~age unto the said HUTCHINSOV ISLA~;F~ Ll:.i'.'I'ED PARTNLRSHIP i+.s heirs anJ a~i~ns, all that piece, parcel or tract of iwnd, t;eing a dart of the pre:r.ises .on•reyed by said mortgr~;e, to-wit: Condominium Unit~3/~ of GOLF VILLAS, aCon- cioininium, a~corcling to the DE•~.a°4ticn cf Con- dominium ti:e:efor recorded in Official Record Book 302 ,pave .1250, et seq., Pcblic Records o~ St. Lucie Count;, Florida, together Yrith the unciivideC interests appertaining thereto pursuan*_ to said De- ! Clara tion. TO HAVE AND TO HOLD the same, with the appurter~~nces, unto the said ~ HUTCHINSON ISLAND LIMITED PARTNERSHIP its heirs and ass~g:is forever, IrvR'd. exonerated and discharged of and from- the lien - of said :rortgage 'ad Co:~i:nercial Code ):inaacing Statements, and every part thereof; provided always, nevert~reless, that nothing herein contained shall in am~wise impair, alter or diminish the effect, lien ~r incu.^.~brance of the aforesaid Mortgage and Commercial Code Fi::arci--?g Statements, on the remaining part of said mortgaged premises not hey eb;; relzased ttierefrom, or amp of the rights and remodies of the holder the^eof. hi WITNESS :~'HEiZEOF, the said THE FIRST \ATIOtiAL BA`ri O" ~~HICAGO ht?s caused these presents to be executed in its nnme, and its corporate s2ai to ~e hereunto affixed, by i:s proper officers thereunto duly au:horizea, tF;is Cay of n, , 1979. ~ SignBd. sealed ar:o dell"r°iC~ r . •r r/- ~T ~ ;=}'Ir~'~r:~ in the presencA of: (Corpora :e Seel) ..a; t ?cs ~Phesitd,~l; ' . ci` .r ' , I;. ~ ~ ~ _ . >a~_ ~ a 3U4 2060 a f'h.~n~: , ~ . ~ ,i