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PARTIAL RELEASE OF VIORTG AGE
KNOW ALL LIEN BY 'THESE PRESEN rS:
WHEREAS, HUTCHINSON ISLAND LI:1ll~ITED PARTNERSHIP, Mortgagor,
by Indenture of i.:ortgage bearing date the 15th day of August, A.D., 19?8, and recorded
in the office cf the Clerk of the Circuit Court in and for the County of St. Lucie,
State of Florida, in Official Records Book Z92, Pave Iu~3, mortgaged unto THE FIRST
NATIONAL BANK OF CHICAGO, national association and assigns, ldcrtgagee, the
premises therein particularly described, to secure the payment of the sum of THREE
~III.LIO N FIFTY THOUSAND and NO/100s 03,050,000.00) DOLLARS, with interest as
therein ,~,entioned; and
tVHERFAS, Mortgagor executed a Uniform Commercial Code Fina?~cing
Statement filed on 9ugust 16, 1y78, and recorded in Official Record Book 292 at Page
1658, of the Public P.-ecords of St. Lucie County, Florida; and
tVHEREAS, Mortgagor executed a Uniform Commercial Code Financing
Statement filed on September 8, 1918, with the Secretary of State, State of Florida,
under File No. 929816; and _
WiiEREAS, the said H:JTCHINSGN LSLAND LIMITED PARTNERSHIP .:;:;s
requested the said THE FIRST NATIONAL BANK OP CHICAGO tc .P:ease
premises hereinafter describes, be'sng part of said mortgaged premises. from. '*~e ?+en
and operation of said ~Ior.ga;e:
tiOh', TIiEREFORi=, i{NOW Y That the said THE FIRS ~ ~+AL
SANK Or CHICAGO as well L't ~ansideration of the premises as o: tine su^~~ O? '.£ti att.^'
:I:J/lU~1s (S1U.00} DOLLARS, to it paid b;~ ti,~e said HL`TCHINSON ISLAtili f I'~i±TEj'
P ARTY ERSHIP at the timZ of the execution hereof, the receipt _Y~hereai is i~eret?y
acknowledged, does remise, release, quit-ciairm, exonerate and discharge from the lien
and operation of said 1loctgage unto the said aUTCHINSO` LSLAVD LI:~iITED
PARTNERSHIP its heirs and a~igns, all that piece, paicel or tract of land, hein~; s
part of the premises conveyed by said mortgage, to-V~it:
Ccndon~itiium Unit ~3~ ~ of GOLF VILLAS, sCon-
dorr?inium, according to the Declaration of Con-
domiriurn therefor recorded in Official Record 9oo~c
302 ,page 1250 , et seq., Public Records of St.
_ Lucio County, Florida, together with the undivided
interests appertaining thereto pursusnt to said De-
claration.
i
1'O HAVE AND TO HOLD Lhe same, with the appurtenances, unto the said
~ HUTCFIVSON 1SLA\D L:titITED PARTNERSHIP its heirs and assigns forever, freed,
exonerated and discharged of and from ;he lien of said Mortgage and Commercial
E Code Financing Statements, and avert' part thereof; provided aliHays, nevertheless,
that nothing herein ecntained shall in a.~ywise i~rpair, alter c^ diminish t;~e effect, Tier.
or incum~ranre of the aforesaid Mortgage and Cor*;nercial Code Fin~~acin; _
Statements, or. t:~e remaining pRrt of said :nor tgaged premises not hQr~~y release~:~
~ Lherefrom, or any of the rights and remedies of the rioldar thereof.
iti iVITNESS t~HEREOF, the said THE FI^ST NATIOtiyL BAN'_i 7F
:HI(.:AGO has paused these pr-seats to be executed in its name, had its corporate seal
to be hereunto af!'ixed, 5t' its prooer officers thereunto duly author ized, this day
of ,it'? 9.
Signed, served and delivFred THE FIRST TATiOv AL EANK OF CY.IC AGO
in the p; 2se~~c~ oT~ (Corporate Sesl)
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