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HomeMy WebLinkAbout1491 tom- ~~a.~3 ~ .~;~0~6 ~ Cross Reference to: (i) O.R. Book 259, page 1254, STATE OF ILLINOIS and (ii) O.R. Sook 259, PARTIAL RELEASE page 1276, Public Records COUNTY OF COOK ~ of St. Lucie County, Florida CONTINENTAL ILLINOIS NATIONAL BANK AND TRUST COMPANY OF CHICAGO, a national banking association organized and existing under the laws of the United States, the holder of those certain mortgages (the "Mort- - gages") being more particularly described as follows: (i) Mortgage and Security Agreement, dated October 27, 1976, recorded in O.R. Book 259, page 1254, public records of St. Lucie County, Florida, and (ii) second-in-priority Mortgage and Security Agreement, dated October 27, 1976, recorded in O.R. Book 259, page 1276, aforesaid records, exe- cuted by HUTCHINSON ISLAND CLUB, INC. ("Mortgagor") to CONTINENTAL ILLINOIS NATIONAL BANK AND TRUST COMPANY OF CHICAGO ("Mortgagee"), in consideration of TEN DOLLARS ($10.00) and other good and valuable considerations, the receipt and sufficiency of which are hereby ac- • knowledged, does hereby remise, release, quitclaim, exonerate and h discharge from the lien, security interest and operation of the said Mortgages unto the Mortgagor, its successors and assigns, that cer- ~ a~ tain portion of the Premises encumbered by the Mortgages more ~ ~ particularly described as follows: o ~ That certain Condominium Parcel, being Unit No. 1005, a Condo- p~"r., minium in accordance with and subject to the covenants, condi- a tions, restrictions, terms and other provisions of that "De- 0 o claration of Condominium for Hutchinson Island Club, a Condo- ° minium" recorded in O.R. Book 254, page 2128, et. sew. , Public ~ ~ Records of said County and all Amendments thereto, including ~ cr an undivided interest in the Common Elements of said Condominium o as set forth in said Declaration, as amended. ~ This instrument releases said Condominium Parcel from the lien and ~ security interest of the Mortgages, and from the effect of any instru- a ~ ~ ments of record modifying or supporting said Mortgages. ~x~ TO HAVE AND TO HOLD the same, with the appurtenances, unto the sy'~ Mortgagor, its successors and assigns forever, freed, exonerated, and 3 ~ ~ discharged of and from the lien and security interest of the Mortgages .~.,,c c and every part thereof; provided always, nevertheless, that nothing ~ herein contained shall in anywise impair, alter or diminish the ef- ° ~b ~ ~ fect, lien, security interest, or encumbrance of the Mortgages on the °c4 o remaining part of said Premises, not hereby or heretofore released ° ~ therefrom, or any of the rights and remedies of the holder thereof. i ~ w p IN WITNESS WHEREOF, the s d Mortgagee--i~as -caused this instru- ° ~ ° ment to be executed this ~ day of ~i . 1977- ; Huoo Signed, sealed and delivered CONTINENTAL. ILLINOIS NATIONAh in the presence of : BANK AN TRUST COMP Y -OF~~CH~IrCAGO ~ - ~ ' Vice President Witness ' , .,LED ~':f~ ?ECORUED`==.. l Witness ~ ~ ~ ' _ Real Estate ~+fficeE ~`~~6 (BANK SEAL) STATE OF ILLINOIS '79 ~ 2 ~ PM 3 ; ~ 5 ~ COUNTY OF COOK I hereby certify that ~d2f.~i8 .day before me, an officer duly authorized in the Statsl a£~~ t~i~~id to . e ackn~:•~ledgments, personally appeared , i ~ L ~ . , :~-_-E_~and ~ ~ ~ . ~ ~ w to me known to be the Vice President and Rea , respectively, of CONTINENTAL ILLINOIS NATIONAL BANK AND TRUST COMPANY OF CHICAGO who executed the foregoing instrument and acknowledged before me that they executed the same for the purpose therein expressed. WITNESS m hand and ' cial seal in the C~?~~y a?ln State afore- said this ~ day of ~.Et ~ . 19.? ._.fr;:-° My Co fission Expires: Notary Public~c te-.f Illinois • •~.~c `•c~_~ % ~ / 1 at Large - - . ~3 _ '10C!