HomeMy WebLinkAbout2465 PARTI~IL RELEASE OF MORTGAGE
KNOW ALL ~1EN BY THESE PRESENTS:
WHEREAS, HUTCHiN50N ISLA,iD LIMITED PARTNEf.SHIP, 3lortgagor,
by Indenture of l~lortgage 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, mortgaged unto THE r'IRST
NATIONAL BANK OF CHICAGO, national association and assigns, Mortgagee, the
premises therein particularly described, to secure the payment of the sum of THEEE
~IILI.ION FIFTY THOUSAND and NO/100s {S3,#)50,000.00) DOLLARS, with interest ris
thereui mentioned; and
WHF.REA5, Mortgagor executed a Uniform Commercial Code Firancirlg
Statement 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, ~'lortgagor executed a Uniform Commercial Code Financing
Statement filed on September 3, 19.78, with the Secretary of Stata, State of Florida,
under File No. 929816; and
WHEREAS, the• said HUTCHINSON LSLAND LIl~I1TED PAR: VERaH1P has
requested the said THE FIRST NATIONAL BANK OF CHICAGO to re?ease tine
premises h?ereinafter described, being part of said mortgaged premises, f^om :he t:an
and operation of said J1o::F age:
VO~V, T:-IEREFORE, KNO~'J YE, That the said THE FIRST i::\`fIO~:~~
Ba Nl~: OF CHICACIQ as well in con5idarrzt:an of the premises as of t:+e sum ct TEN nr+d
NO/it)Cs (S1U.OU) DULL~?R5, to it paid by the laic HUTCI;I:3SOV ;SLANil Lt'~i~"i i;v
PART~v~jRSIiIP a*, the *.ime rf the execution hereof, the receipt whereof iS hereby
acknowled;ed, dces remise, reiesse, quit-claim, exoneratz ai~c discharge f:om Lhe lei-n
and operation of said \4ortgage unto the said HUTCIiINSON ISL ~N7 LI1iiTE~j
PARTNERSciIP it heirs and assigns, all that piece, parcel or L: act of laird, being
part of L:~e premises ::onveye3 by said :nortga;e, to-wit:
Condomini~~*a Unit ~~/3 of GOLF VILLAS, a Ca~i-
dorninium, acccrdinQ to the Deelarat_ion of Can-
dominium therefor recorded in Official Record Book
302 ~ !?fie 1250 ; et seq., Public 3ecores of St.
Lucie County, Florida, together with the uadi~~ided
interest- appertaining :tiereto pursuant to said De-
claration.
TO HAVE AND TO HOLD the same, with the aFpurtenarces, unto the said
Si;TCHINSON LSLAND LII+IITED PARTNERSciIP its heirs and assigns ..°orevec, freed,
exonerated and discharged of and from the lien of said Mortgage and Commercial
Code Financing Statements, and every part therecf; provided alwa;~s, neve*Lheless,
that nothing ~:erein contained shall ir. anyv:ise impair, alter or diminish the effect, lien
~ or incumbrance of the asoresaid `~iortgage and Commercial Cade Financ:n;
Statements, cn tre re+:~aining part of said mortgaged premises not he: eby re?eased
therer;em, or any cf the rights and remecies of the holder therecf.
1N ~,~'ITVF.SS WHEREOF, the said TiiE FIRST :iAI'IOti:\L 3aNli CF
C:iICAGO has cat:sad these presents to be executed in its nar^.e, and its corporate seal
to 5e hereunto affixed, by its proper officers thereunto duly authorized, this ~+a1
of ~a _ , 197 9.
i
SianPd, sealed rrd delivered THE F'.RST ti3TIONAL I3A;+i{ OF CHICAGO
t in Lhe presP.^.ce ai: (Corpora*_e .~es11
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This i~r-frsr:~_nt ('r~jr~r ,3 ;3y:
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CRATES FL(1ti'I) : i
One [3i>C7) nc• Tc~~, .r + r'
p Aliami. Ffuri.t:+ ~ ;I sekr 3 4 ~.+f~s2462
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