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HomeMy WebLinkAbout1241 ~~41'7'70 ~ ?ARTI?tL AEL;:_~SE OF :VIGRT =:AGE KNO'l1' ?ALL 'LIEN SY THESE PRESr.`TS: IVHEREAS, i-IUTCHINSON ISLAtiD LI11tITED PARTNERSHIP, Mortgagor, 5y Indenture of Mortgage bearing date the 15th day of August, A.D., 19 i 8, ,end recorded in the office of the Clerk of t'te Circuit Court in and for the County of St. Lucie, State of Florida, in Official Records Book 292, Page 1543, mortgaged unto ~ HE FIRST ;IATIONAL BANK OF CHICAGO, national association sod assi;ns, 1~iortgagee, the premises therein particularly described, to secure the payment of the sum of THREE MILLION FIFTY TKOUSAND and NO/100s (S3,U50,000.00) DOLLARS, with intarest as therein mentioned; and tVHEREAS, yIortgagor executed a Uniform Commercial Code Fi,~s~ncing Statement filed on August lu, 19?8, and recorded in Cfficeal i:ecord Book 29° at P-ige 1658, of the Public Records of St. Lucie County, Florida; and WHEREAS, :iortgagor executed a Uniform Comrnercisil Code Financing statement filed on September 3, 1918, w?th the Secretary of State, State of Florida; under File No. 929816; and WHERE?S, the said HUTCHINSON ISLAND LI~`IITED FAitTrFRSHIP has equested :he said THE FIRST NATIONAL BANK OF CHICAGO Lo ^elEase e premises hereinafter described, being part of said mortgaged premises, fr~~~ ::se lien and operation of said ~Ior*.gage: VOW, THEREFORE, K\OT+d YE, That the sai~~ THE FIRST LA"fiC:`•~L B~~titi OF CHIC3GG as :veL' in consideration of the premisas as of the sum of ?'c `7 and v0!100s (S1C.tZ0) DOL_,~1RS, to it paid by the said HiTCHI:iSON LSLAivJ LI ?FiT:.D PARTNERSHIP at tha time of the execution hereof, the receipt Yrliereof is horei~y acknowledged, does ramise, relesse, quiz-claim, exonzrate srtd discharge from t':^e lien and operation of said 1~Icrtgage unto the said HUTCHIVSOV ISLAND Lii.~iIT.:.D iARTNERSHIP iLs heirs ~~d assi;r+s, sll that niece, parcel or tz3ct of land, teeng 3 pt~°t of tits premises convEyed by said mortgage, to--r;it: Condominium (,=rit ~ ~ of GOLF VILLAS; aCon- S dominium, according to tt~e Decla:aticn of Cpn- deminiutn therefor recordeC i:l Official Record Book 302 ,page 1250 , et seq., P1bli~ itecords o: St. Lucie County, Florida, together :vith the undivided interests appertaining thereto pursuant to said lle- clara tion. = TO HAVE AND TO HOLD the same, :vith :h2 appLrtenances. un!o the :~:ied _ HUTCIiINSON INLAND LIMITED PARTNERSHIP its heirs and assns fore~~er, ea~~, exonerated anc: discharged of and from the lien of said 'rlor2gage anc r+:,-r.merciai Code Financing Statements, and every part thereof; provided ai.ras, nevert'iz:ass, ~ c:tat nothin;; herein contained shall ir. ar+ywise impair, a?tzr o: ciminisn tf?2 s`f?ct, ?:car! ~ or encumbrance of the aforesaid Mortgage and Commercial Cody ~?na!tcin; Statements, on tl;e re;naining part of suer mortgaged premises net herab~~ zele=is~d therefrom, or arr~ of tt:e nigh*s and remedies of the 'rcid~r t'~er~o;. :N iTV ES.S .v HEREOF, tt:e said T~-IE FIRST ti ,~TIOti 3L B~`_v r: c)F CHIC:~GO ita5 caused these presents to be executed in ?ts :tame, :utd its co.porAte s.=ai to 5e hereunto affixed, by it`, ?roper officers thereunto dul~~ aathorize~3, t`~is c'ti~ of ~:1 ,u.CL ~~cG. . 19?9. ~T- c Signed, sealed and delivered ;HE FIRST ~'A'iIvNAL ~3a~h OF Gt?iC:~~.:0 to the presence of: ;~7rt)Cr3t2 '@Ql) m ' t• , i3y: J ~ t'ice 1'r~5~dert ti• ~ {'~(~i ~ i q ,tie:?N,. , ,,,,i.:. a 3~7 X241 0 5 Pn„ri_: i„ 600K PAGE b V ~ ~ - r.., - ~