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HomeMy WebLinkAbout1232 ~~1'7ti'7 7 , PARTIAL. RELEASE OF ]r10RTG C KNOK' ALL 1~1E:L f3Y TIiESE PRESENTS: 1VHEREAS, HCTCHINSON ISLAND LI~I•ITED PARTNERSHIP, llortgagoc, ~y Indenture of 1~iortgage bearing dste the 15th day of August, A. D., 19"8, and recorded in the office of the Clerk of the Circuit Court in and for the County of St. Li:cie, State of Florids, in Official Records Soak 292, Page 1643, mortgaged unta THE FIRST NaT:ONAL BANK OF CHICAGn, national association and sssigns, Mortgagee, the premises therein particularly described, to tiecure the payment of the sum of THREE MILLION FIFTY THOt7SA;ID and NO/100s (53,050,000.00) DGLL:~RS, with intersst as ttlerein mentioned; and tVNEREAS, :'riort~?agor executed a Uniform Co;nmerc:al Code Fin~nrring Stxtament fired o:~ :august lo, 1978, and recorded in Official I'.ecord Bcok °y2 st °age 1658, of the Pu~lic Records of St. Lucie County, Florida; and WHEREAS, Mortgagor executed a CRiform Commercial Cods Financing Statement filed on September 8, 1978, with the Secretary of State, State of Florida, ulider File No. 929816; and WiiEREAti, the ya1C HUTCHIPiSGN :SLANL' LIj~IITED PARTYEF~'rliP ^s3 requested the said I'HE riltST NATIONAL BANK OF CIzICA30 to *aie~s2 ti~~ premises hereinafter described, bein; part of said mortgaged premises, iroM~ thJ I:en and apsratioa of sFid lturt:-.?~~~f:: yO~V, THE:2EFORE, ENO:ti vE, ;hat the ;ai.~i T'EiE glpc"" ,~_z.IC'_v ~L • $:~NI{ OF CHICAGO as r~•~ll in consid~~a:ioa of the pcer~:is~s as the sc~-R of ~~E`~ n:i•_i IVO.%?OJ3 ~~:J.O~J) llOi,L.1RS, to it paid by the Sald iiLTCHI~i5l7.~ LS=.A_`~C 1.:'.1i:'`'i~ P_1RTvERSHiP at t;;e time of the zxecutiar. her~ot. the : kept ~.vhar~e* is hereby acknowleo;ed, does rernis~, release, y~.ut-claim, exoner~i*~ and ;ischar,e t: or:! `he ::a~; and operation of said tilortga;e onto the said YtiTCHINSO": iSL_~_~3i3 I.iiiTT i~ PAR'TNERSI-iIP its heirs and assigns, the*_ -piece, barrel :.~r 'sect o` is:^.d, bein; ~ _ part of the c_ rem'.ses conve_~ed by s4.ci :nortgaoa; to-wit: Condomiriu:n linit.~-~~~ ar uOLF ~`IL:.AS, fl Co:?- dorlittit:m. accordir.- to the Declaration. of Con- dominium therefor recorded iz Official itecord 3ook 302 , ?age 1250 , et seq., Pub:io ::e^crds oT Si. - Lucie County, Florids, togettler -Kith the undivided interests appertainin; tt:eret:, ?ursua:-!t to said rye- claratior:. TO H:EVE AND TO H'JL~ the sa ~?e, v~ith the ppurt~l~nces, ~ntii t;~e said HL'TCHI1vSOV ISLAND LIl~1ITED PARTNERSHI? its ha::s aad assioT~s fore~e°, treed, exOnerQted aRd dlsetla.°oe~ O: sRd i:Orl the li°R Cf salti :?ic*~?a~e Artt ~+;ruf.~C:cid? Code Financing Statements, Gnd every par! thereof; Provided al:vHs, :!suer tireless, ti at nothing t?erein con:ai: ed shall iz rily":LS2 impair, aitJr cc ci~ninisi; tie °ttF.^... !'?i or ircumorance ~~i the a:ores~id ~•Ioctgage an Co~:,~nercial Code ~ i;=azcir.•:; ~ Statelnen~s, on iile remaining part o; said R~artgsged preTUeS not ~:erct;~* reieasn^. the: a?rom, or any of the rights and ~e:*ledies of the holder t;?~, - ~ T~ :Y ITNFSS %VHEKEOF, the s::i'~ TF:E FIRST CIA-I7~iA' B~ ti:; CHICAGL' i:as caused thane presents tc be executed ir: its 1a:*!~, a:!d *.s ecru?rate a~.f:i ~ to 5e hereunto sf*ixed, FJ~! lty piODe^ CffiCerS~th°r°i:i1t0 t~sle i]i!ihOil7.c~.~, t~:i3 ~-'may of ~c~-~- .1979. Sig~led, sealed Prd delivered - TI-Lc "rI&ST ?~AT.QN:~L 3AY ~ CF Cl::,'_1:.0 ~R Lhe ~Ji °Sc:lC" oi: (Ca^oors'e Seal - - i ~ - - ~ . ~ i ~ U R 3U7 ~E 12~3~ ~OGtc hY. fy"" .r