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4:8416
Cross Reference to: (i)
O.R. Book 259, page 1254,
STATE OF ILLINOIS and (ii) O. R. Book 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, 1975, 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
,v Mortgages unto the Mortgagor, its successors and assigns, that cer-
~ v tain orp tion of the Premises encumbered by the Mortgages more
~ ~ particularly described as follows:
o b That certain Condominium Parcel, being Unit No. 209 , a Condo-
w minium in accordance with and subject to the covenants, condi-
° tions, restrictions, terms and other provisions of that "De-
n o o claration of Condominium for Hutchinson Island Club, a Condo-
° `r' minium" recorded lIl O. R. Book 254, page 2128, et. s_
eg. , Public
° Records of said County and all Amendments thereto, including
~ an undivided interest in the Common Elements of said Condominium
o as set forth in said Declaration, as amended.
m v
~ This instrument releases said Condominium Parcel from the lien and
~ ~ security interest of the Mortgages, and from the effect of any instru-
~ ~ ~ ments of record modifying or supporting said Mortgages.
s~ x ~
"'use TO HAVE AND TO HOLD the same, with the apgurtenances, unto the
~ Q,'~ 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
k ~ ~ ~ fect, lien, security interest, or encumbrance of the Mortgages on the
° ~ o remaining part of said Premises, not hereby or heretofore released
4 ° therefrom, or any of the rights and remedies of the holder thereof.
~ ~ ~b
o ~ IN WITNESS WHEREOF, th ~id Mortgage s ,caused this instru-
~ ca ment to be executed this ~ day of ~ , 1977.
Signed, sea~.ed and delivered CONTINENTAL~ILLINOIS NATIONAL
in tRe presence of: - ~ BANK D TRUST COMP l~' OF CHICAGO
r
! ice President
) _~T, Witness _ .
witness ~ ; J{',;-. ~
4:38416 (BANK SEAL) Rea! Estaie OfflC~f
STATE OF ILLINOIS
COUNTY OF COOK ~9 f 23 PM 3
I hereby certify that on this day before me, an officer duly
- authorized in the St ~ and:L'~iiint ~ `far said to !ce acknowledgments,
personally appeare$~ ~K ~ ~ and /''~s
to me known to be the Vice Presi ent and Rea1Es,. , respectively,
R 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 expre$s~d..,
r
.
WI`~'NESSm~'~; hand and ial seal in tie` ~otirity sand.: State afore-
'V said this `day of ~ 7~• - ~
f
- - -
My Commission Expires : . ~ ` `
- - Notary P , lie,.. a~t~' of I1 inois
. ,,~~.`.e~/ ~ ~ ~ ~ at Large ' _ -
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~U5 ,::203