HomeMy WebLinkAbout1285 43'7y50 S ~ 6/ .7?S'.
P:IRTIAL RELEASE OF ViORTG_tGE
KNOrV ALL 1~lEN BY THESE PRESENTS:
WHEREAS, HUTCHINSON ISLAND LI1rI•ITED PART:vERSHIP, Mortgagor,
by Indenture of Mortgage bearing date the i5th day cf august, A. D., 19'8, and recorded
i?1 the office of the Clerk of the Circuit Court in and for the County of St. Lucie,
State of Florida, in Official Records Hook 292, Page 1613, mortgaged unto THE FIRST
NATIONAL BANK OF CHICAGO, national association and assigns, Mortgagee, the _
premises therein particularly described, to secure the payment of the sum of THEE
~9ILLION FIFTY THOUSAND and NOil00s (33,050,000.00) DOLLARS, with interest as
therein mentioned; and
WHEREAS, Mortgagor executed a Uniform Commercial Cade Financing
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, Viortgagor executed a Uniform Commercial Code Fi:ancing
Statement filed on September 8, 1973, with the Secretary of State, State of Florida,
undzr File No. 929816; and
WHEREAS, the said HUTCHINSON LSLAND LIMITED PARTNEi?SHIr has
requested the said THE FIRST NATIONAL BANK OF CHICAGO to release the
premises hereinafter described, being part of said mortgaged oremi`es, from the iie~
and x~eration of said l~:ortgage:
NO1V, THEREFORE, IiNOtV YE, That t:~e said THE FIRST VATIC?~ 3L
BA\ti OF CHIC.tGO as wall in consideration of tl•~e premises as of the sum of T5N >in~:
NO/lOL`s ;10.00) DOLL.tRS, to it paid by the said fiL'TCHINSON ISLAN U LIMITED
PARTNERSHIP at the time of tha execution hereot, the receipt whereof is hareby
acknowledged, does ce:nise, release, quit-claim, exonerate and dischar;e f^o~T t:~e liar.
and operation of said l~iortgage unto the said HI;TCHINSON ISLAND LI:.'.ITED
PARTY ERSHIP its heirs and assigns, all that piece, parcel or tract of la^c;, :;ei::; 3
part of the premises conveyed by safe mortgage, to-wit:
Condominium Unit 5225 of GOLF VILLAS, a Con-
dominium, accordin' to the Declaration of Con-
dominium t:rerefor recorded in Official :tecord Book
302 ,page 1250, et seq., Public Records of St.
Lucie County, Florida. together with the undivided
interess appertaining thereto pursuant to said De-
claration.
TO HAVE AND TO HOLD the same, with the appurtenances, unto tYie said
HIJ'fCHIySON LSLAND LIMITED P9RTNERSHiP its heirs and assigns forever, freed,
exonerated and discharged of and from the lien of said 1'Iortgage anc: Corn:terciz
~ Code Financing State~ienG, and every part thereof; provided always, revert~~e:ass,
that nothing herein contained shall in ,;ry:vise impair, altzr or dirninisy the effect, iia
or incumbrance of the aforesaid Mortgage and Commercial Code F:, aa~ir~g
Statements, on the re,naining part of said mortgaged premises rot hereby reie%ised
therefrom, or any of t:~e rigi•~ts and remedies of the holder thereof.
IN `.VIT~tESS :1 i-?EREOF, the said THE FIRST :i 3TION:'~L 3AN.i GE
CHICAGO has cans?d these presents to Ue executed in ins na ie, and its con^crate seal
~ to 5e hereunto affixed, by its proper officers thereunto 3uly authorised, this ~ da,
of , 1979.
t
5 Signed, sealed xnd delivered THE FIRST ~iATION:tL BANi: O: CHIC:~GO
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in the presence of: (Corporate Seal) st:%%~:r:,
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