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HomeMy WebLinkAbout2088 Ferrante O1-23047747 PARTIAL RELEASE Or' 110R1'G.~GE KNOiV ALL y1EN BY THESE PRESENTS: WHEREAS, IIUTCHINSON ~ ISLAND LII~HTED PARTNERSHIP, Mortgagor, oy Indenture of `rlortgage bearing date the 15th day of August, A.D., 19?8, and recorded in the office of the Clerk of tt~e Circuit Court in and for the County of St. Lucie, State of Florida, in Official Records Book 292, Page 1613, mortgaged unto THE FIRST NATIONAL BANK OF CHICAGO, national association and assigns, 1+Iortgagee, the premises therein particularly described, to secure the payment of the sum of THREE ;ZILLION FIFTY THOUSAND_ and NO/100s (53,050,000.00) DOLLARS, with interest as therein mentioned; and itiHERF.AS, rlorcgagor executed ~ Uniform Commercial Code Financing Statement filed on August 16, 1978, and recorded in Official Record Book 292 at Page 1658, of the Pudic Records of St. Lucie County, Florida; and WHEREAS, Mortgagor executed a Uniform Commercial Code Financing Statement filed on September 8, 1978, with the Secretary of State, State of Florida, under File No. 929816; and WHEREAS, the said HUTCHI:~ISON ISLAND LI:VIITED PARTNERSH?P has requested the said THE FIRST NATIONAL BANi{ OF CHICAGO to release *.he premises hereinafter described, being part of said mortgaged premises, from the lien and operation of said "[ortgage: VOW, T:;ERFFORE, i~NOW YE, Thst the said 'THE FIRST' V A'ftON ~\L IZA~ti~ OF CHICAGO es well in consideration of the pre.ises as of the sun of TEN and NO%;OOs (S10.00) DOLLARS, to it paid by the said HUTCHINSON LSLAND Lll~ll•: ED PAKTNERSHIP at thF time of the execution herecf, the receipt whereof is nereb~ acknowledged, does re*nise, release, quit-claim, exonerate and discharne from t~~e lier and operation of said Mortgage unto the said HUTCHiNSON LSLA'_vD LIJII':ED PART:I?.RSHIi? its heic•s sand assigns, all that piece, parcel or tract of land, bein; a part of the premises cazveyed ny said mortgage, to-wi*_: Condominium L•nit,S of GOLF VILL:IS, a Gon- dominium, according to the Declaration of Con- dominiur*? therefor cecorded in Official Reccrd Book 302 ,page 1250 , et seq., Public Records of St. f Lucie County, Florida, together with the undivided I interests appertauting thereto p~.:rsuant to said De- claration. TO HAVE AND TO HOLD the same, Nith the appurtenances, into the said I:UTCHINSON ISLA\D LIMITED PARTNERSHIP its heirs and assigns forever, freed. f exonerated and discharged of and from the lien of said Mortgage and Commercial i Code Financing Statements, and every part thereo_`; provided always, never:hele~s, that nothing herein ecntained shall in Anywise impair, alter or dir:~inish the effect. li;n or incurlbrance of the aforesaid yiortgage and Commercial Code Financing Statements, on the remaining part of said mortgaged premises not nerzby releusz<l ° the*eiroin, or any of the rights and remedies of the holder tyereof. N~?L BANK OF ~ IV WITVESS_ WHEREOF, the said THE FITtST NAfIO t;HICAGO has caused these presents to be executed in its name, and its corpcrate se?l. ~ to be hereunto affixed, by its proper officers thereunto duly authorized, this 1'7 day of , 1979. Signed, sealed and del;vered THE FIRST NATIONAL BANK OF ~~HIC3G0 - in the presence of: (Corporate Seal) J ~ • ~~.u~ • `dime f're~i~er.! T~?rnty - Fifth t~1.~,~r .<<:.... One lZi~ca~ n: Tug+er Ph,.~~L: 3» ~ R 3U4 ~ 2086 gear. ac.