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HomeMy WebLinkAbout1988 R ~ 4461 Cross Reference to: (i) O.R. Book 259, page 1254, and (ii) O.R. Book 259, ~ STATE OF ILLINOIS PARTIAL RELEASE page 1276, Public Records COUNTY OF COOK of St. Lucie County, Florida: CONTINENTAL ILLINOIS NATIONAL iBANa mind existing under thelaws0~ a national banking association organ of the United States, the holder of those certain mortgages (the "Mort- gages") being more particularly described as follows: (i) Mortgage and Security Agreement, dated October 27, 1976, recorded in O.R. Sook 259, page 1254, public records of St. Lucie County, Florida, and (ii) second-in-priority Mortgage and~Security Agreement, dated October 27, 19?6, recorded in O.R. Book 259, page 1276, aforesaid recoicds,~exe- cuted by HUTCHINSON ISLAND CLUB, INC. ("Mortgagor") to CONTINENTAL ILLINOIS NATIONAL BANK AND TRUST COMPANY OF CHICAGO ("Mortgagee"), i in consideration of TEN DOLLARS ($10.00) and other good and valuable i considerations, the receipt and sufficiency of which are hereby ac- ~ knowledged, does hereby remise, release, quitclaim, exonerate and r, ,,n discharge from the lien, security intcessorsnand assigns,othatecerid Mortgages unto the Mortgagor, its suc r-+a~ tain ortion of the Premises encumbered by the Mortgages more ~ ~ particu ar y described as follows: 1105 a .c That certain Condominium Parcel, being Unit No. PH-6, a Condo- s r, minium in accordance with and subject to the covenants, condi- f • ~ tions, restrictions, terms and other provisions of that "De- • a o o claration of Condominium for Hutchinson Island Club, a Condo- °tv' minium" recorded in O.R. Book 254, page 2128, et. se Public ~ Records of said County and all Amendments thereto, including ~ ~ ~ an undivided interest in the Common Elements of said Condominium ,A ~ o as set forth in said Declaration, as amended. N ~ ~ This instrument releases said Condominium Parcel from the lien and { ~ ~ b security interest of the Mortgages, and from the effect of any instru- ~ ~ ~ ments of record modifying or supporting said Mortgages. ~ r x ro i a',,n~ TO HAVE AND TO HOLD the same, with the appurtenances, unto the ~ a'~ .Mortgagor, its successors and assigns forever, freed, exonerated, and 3 ~ ~ discharged of and from the lien and security interest of the Mortgages .c c and every part thereof; provided always, nevertheless,~that nothing ~ U''' herein contained shall in anywise iidpair, alter or diminish -the ef- fect, lien, security interest, or encumbrance of the Mortgages on the ~ o ~ ~ remaining part of said Preiriises, ~ not hereby or heretofore released therefrom, or any of the rights and remedies of the holder thereof. , ~ ~b f o IN WITNESS WHEREOF, the „aid Mortgag as caused this instru- ment to be executed this day of , 1977. H U 0~1 Signed, sealed and delivered CONTINENT ILLINOIS:N~T~QN~I. BANK AN TRU T COMP 1~!,~ICAGO in the pres epce~, ~6f : . ~ , ~ ~ - ~ ' Witness - .Vice red ~en Witness-- ~ - . ~ - y ' (BANK SLA~;••'~@~t~;l)ffl(~r 442261 1~- , STATE OF ILLINOIS ~ _ ~ ='1?E ` 1 COUNTY OF COOK T9 aF? 26 AM IQ . 42 I hereby certify that on this day before me, an officer duly a authorized in the Stat and--County foresaid to ake acknowle gments, 3 personally appeared ~:fi~-s' ~ and ~ res ectivel to me known to be the Vice Presi ent an ~ealEsa , P Y. of CONTINENTAL ILLINOIS NATIONAL BANK AND TRUST COMPANY F CHICAGO who executed the foregoing instrument and acknowledged before me that they executed the same for the purpose therein expressed. ~ i WITNESS ~ hand and ' cial seal 19 the Cou~~y;«~dtf`State afore- said this day of • ~ _ ^'p~ , , '-~K~~~ My Commission Expires : ~ ~ i o s Notary P _ 1, c, ~ e,,.~ ;I n ~ ~~'`~,~~.~k.(,~~/ ~ ~ / ~ at Large , ~ ~ - ; • ~~t:;~ ~ ~ ;