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~~38633 ~
PARTIAL REc~~ASE OF \rIORTGAGE
KNOW ALL MEN BY THESE PRESE:iTS:
WHEREAS, HUTCHINSON ISLAND LIl~1iTED PARTNERSHIP, ~rlortgagor,
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 163, 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 THREE
MILLION FIFTY THOUSAND and NO/100s (33,050,000.00) DOLLARS, with interest as
therein mentioned; and
tVHEREAS, Mortgagor executed a Uniform Commercial Code Financing
Statement filed on August 16, 1978, and recorded in Official Record Book 29'2 at Page
168, of the Public Records of St. Lucie County, Florida; and
WHEREAS, Mortgagor executed a Uniform Core~rnercial Code Financing
Statement filed on September 8, 1978, with the Secretary of State, State of :~lorida,
under File No. 929816; and
WHEREAS, the said HUTCHINSON ISLAND LIMITED PAR'T:iiai~SHiP : as
requested the said THE FIRST NATIONAL B~r'?YK OF CHIC AGO t~ release ti~a
premises hereinafter described, being Fart of said mortg~.ged premises, IC7!*l the :i,n
a.1d operation of said tiIortgage:
vOj`l, THEftEFORI:, R'dOt~' YE, T~iat the said THE ='I'~ST y~'IC ti AL
BANK OF CHICAGO as cvell in consideration of the premises ss the s~~m of Try 3na
YOh00s (310.00) DOLLARS, to it psid by the said HL'TCHI?1SOV ISL.~.ND L:`I:'EP
PARTNERSHIP at the :ime of the execution hereaf, the, receipt w`~ereaf s :~ere!~y
acknowledged, does remise, release, quit-claim, exonerate and disehar;*~ franc *.he :ipn
and operatior. cf said Mortgage unto the said HL'TCI-IINSON ISLAND I.I:~I?TF7
PARTNERSHIP its heirs end assigns, all that piece, Ftucel or t; act of iand,r'.ei^.g
part cf the premises corve~ed by said mortgage, to-wit:
Condominium Unit -~'33~ of 30LF VILLAS, aCon-
domi_*cium, according to the Declaration of Con-
dominiurn therefor recorded in Gfficial Record Book
302 ,page 1250 , et seq., Public Records of SL.
Lucie County, Florida, together with the ;u~civided
interes~s appertaining thereto pursuant to said re-
claration. -
i
T~~ H AYE AND TO HOLD the same, with the L^purtenanc~s, ante ttie sai4
HL TCHINSON ISLAND LI'~IITED PARTNERSHIP its heirs and assigns icrever, Fr~ec:,
Exonerated and discharg°ti of and from the Iien of said `.Iortgage as:d Co:n?r.ercra:
Code Financing Statements, and every part thereof; provided always, nevert;r:less;
that ::othing herei~i contained shall in anywise ::Ilpai^, aster or diminish cRe effect, lien j
G or incumbrance of the aforesaic ~Iortg-age and Corc~:nercidl Code Fi^azc~sr.~
Statements, on the remaining part of said mortgaged premises rot her?by rele~s~1
therefrom, or any of the rihts anti remedies of the holder thereof.
i
Iv WITNESS «'HEPEOF, the saki Ti-IE FIRST N :~TIO;+Ai Is:~ti Or
CHIC aG0 has caused these prase^ts to be sxeeuted in its n~r^Q, ant as co;po:•~t~ ~etrl
tc be hereunto affixed, by its proper officers thereunto drily aut!~ori~ed, th;s 1~ Via`::
of , 1979.
S:gned. sealed and delivered TEIE FIP.ST \ATIOti a;. i3?~tiK OF ~:HiC:1G0
in ti:e pr~~sence of: (Corporate Seali
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RICI-IMAi\ .C +:~it''I'R
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-I'~scnty -Fifth Fl~+~~r }
Onc liis~ayne Towct
- ;Miami, Florida 3?131 '
Phone:-377 -fl~~~!
so~~~ 3U5 i4f E 2411