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43806
PARTIAL RELEASE OF MORTGAGE
KNOW ALL MEN BY THESE PRESENTS:
WHEREAS, HUTCHINSON ISLAND LIMITED PARTNERSHIP, Mortgagor,
by Indenture of Mortgage bearing date the 15th day of August, A.D., 1978, and recorded
in the office of the Clerk of the Circuit Court in and fcr the County of St. Lucie,
State of Florida, in Official Records Book 292, Page 1643, mortgaged unto THE FIRST
NATIONAL BANK OF CHICAGO, national association and assigns, Mortgagee, the
premises therein particularly described, to secure the pa ment of the sum of THREE
1~iILLION FIFTY THOUSAND and NO/100s 03,050,000.00) DOLLARS, with interest as
therein mentioned; and
WHEREAS, Mortgagor executed a Uniform Commercial Code 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, 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 HUTCHINSON ISLAND LIMITED PARTNERSHIP has
requested the said THE FIRST NATIONAL BANK OF CHICAGO to release the
premises hereinafter described, being part of said mortgaged premises, from the lien
and operation of said Mortgage:
NOW, THEREFORE, KNOW YE, That the said THE FIRST NATIONAL
BANK OF CHICAGO as well in consideration of the premises as of •the sum of TEN and
NO/100s (=10.00) DOLLARS, to it paid by the said HUTCHINSON ISLAND LIMITED
PARTNERSHIP at the time of the execution hereof, the receipt whereof is hereby
acknowledged, does remise, release, quit-claim, exonerate and discharge from the lien
and operation of said Mortgage unto the said HUTCHINSON ISLAND LIMITED
PARTNERSHIP its heirs and assigns, all that piece, parcel or tract of land,- being a
part of the premises conveyed by said mortgage, to-wit:
Condominium Unit 5 2 21 of GOLF VILLAS, a Con-
dominium, according to the Declaration of Con-
dominium therefor recorded in Official Record Book
302 ,page 1250 , et seq., Public Records of St.
Lucie County, Florida, together with the undivided
interests appertaining thereto pursuant to said De-
claration.
TO HAVE AND TO HOLD the same, with the appurtenances, unto the said
HUTCHINSON ISLAND LIMITED PARTNERSHIP its heirs and assigns forever, freed,
t exonerated and discharged of and from the lien of said Mortgage and Commercial
.Code Financing Statements, and every part thereof; provided always, nevertheless,
that nothing herein contained shall in anywise impair, alter or diminish the effect, lien
or incumbrance of the aforesaid Mortgage and Commercial Code Financing
Statements, on the remaining part of said mortgaged premises not hereby released
therefrom, or any of the rights and remedies of the holder thereof.
4
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IN WITNESS WHEREOF, the said THE FIRST NATIONAL BANK OF
CHICAGO has caused these presents to be executed in its name, and its corporate seal
to be hereunto affixed, by its proper officers thereunto duly authorized, this day
of , 1979.
Signed, sealed and delivered THE FIRST NATIONAL BANK OF CHICAGO
. in the presence of: (Corporate Seal)
•
Vice Pres dent r
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