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HomeMy WebLinkAbout1291 - s-6~9~ ~.5., . - 4391364 ~ • 1 PARTIAL RELEASE OF I~tORTG AGE KNOW ALL MEN BY THESE PRESENTS: WHEREAS, HUTCHINSON ISLAND LIhHTED PARTNERSHIP, ~rlortgagar, 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 foe 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, :Viortgegee, the premises therein particularly described, to secure the payment of the sum of THREE ivTILLION FIFTY THOUSAND and NO/100s (53,050,000.00) DOLLARS, with interest as therein mentioned; and «'HEREAS, ~iortgagc~r executed a Uniform Commercial Code Financing Statement filed on August 16, 1918, and recorded in Official Record Book 24'2 at Page 1658, of the Public Records of St. Lucie County, Florida; and WHEREAS, ;4lortgagor executed a Uniform Commercial Code r financing Statement filed on September 8, 1978, with the Secretary of State, State of Floriria. under File No. 9298ifi; and WHEREAS, the said HUTCHINSON LSLAND LIMITED PARTNERSHIP has requested the said THE FIRST NATIONAL BANK OF CHICAGO to rai2ewe the premises hereinafter described, being part of said mortgaged premises, from the lier. sr?d operation of said Mortgage: NOW, THEREFORE, KNOK YE, Tha*_ the said THIi FIRST NATIONAL BANK OF CHICAGO as cvell in consideration of the premises as of the sum of TE:1 a.-rd NOIl00s (510.00) DOLLARS, to it paid by the Baia HUTCHINSON LSLAND LItiTITED PARTNERSHIP at the time. of the execution hereof; the receipt Hhereof ~s hereby acknowledged, does remise, release, quit-claim, exonerate and discharge f*om the Lien and operation of said liortoage unto the said HUTCHINSO` ISLAND L1l~iITED PARTNERSHIP its heirs and assigns, all that piece, parcel or tract of land, being a part of the premises conveyed by said mortgage, to-grit: - Condominium Unit 5214 of GOLF VILLAS, a Cor~- doninium, according to the Deci`~ration of Con- dominium therefor recorded in Official Record Gook 302 ,page 1250, e: seq., Public Records of St. Lucie County, Florida, together with the undivided interests appertaining Lheceto pursuant to said De- claration. TU HAVE ANr TO HJLD the same, w;t'7 the fippurtenances, unto ;he slid HUTCHINSJN ISLisivU LI1~:I'^ED PARTNERSHIP its heirs and assigns foreae*, free~~, exonerated and discharged of and from the lien of said :yortgage and Ccm:nercial Code Financing Statements, and every part thereof; provided al~says, nevertheless, j that nothing herein contained shat in en•-wi_~e impL'_r, alter ar diminisi`, the ef:ect, riot. or incumbrance of the aforesaid 1ortgage a!id Commercial Cods F`.nsnc:n~ Staterr:ents, ar. the remaining part of said mortgaged ore:nises not hereby releases ti~crefrom, or any of the rights and remedies of tt;e holder thereof. IN :~I'TVESS ~~'HEREOF, the said THE F[P.ST N<~TIO:tiAL SANTA ON CHICAGO has caused these presents to oe executed fir. ;ts r.2me, and its corgorute seAi € to be Tiereunto affixed, by its proper officers thereunto duly auttrorized, this / Z dey ~ of , 1979. 7 ~ Signed, sealed end delivered THE FIRST ;`ATIC?~AL BA`jK OF CHICA~30 fir, the presence oi: (Cerp~rate Se31j CI?c.~ 'dire Presic:el~- 4i a This instrument Prc~ar,~ By': - - `1-- . ~ rRATES FLOYD PLARSON STL~\:\RT A RIC'11~1r\N .t CiRL=ER ~ T~~~cnty -Fifth Fluur ~ One Biscayne Tuw-er 'Miami. Fturida 33131 r Phunc: 377 •0241 ~ ~ , ; - ~A~ '3~:. ? L I _ _