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- 4~43353 ~ p c~ i
PARTIAL REI.EASE OF MORTGAGE
KNOW ALL MEN BY THESE PRESENTS:
WHEREAS, HUTCHINSON ISLANO LIMITEO PARTNERSHIP, Mortgagor, by
Indenture oP Mortgage bearing date the 15th day of August, A,.D., 1978,
and recorded in the office of the Clerk oP the Circuit Court in and for
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, Mortgagee, the premises therein particularly
described, to secure the payment of the sum of THREE MIL~ION FIFTY
THOUSAND and NO/100s ($3,050,000.00) DOLLARS, with interest as therein
mentioned; and
WHEREAS, Mortgagor executed a Uniform Commercial Code Financing
Statement filed on August 16, 1978, and recorded in Official Record Book
292 at Page 1658, of the Public Records of.St. Lucie County, Florida; and
WHEREAS, Mortgagor executed a Uniform Commercial Code Financing
Statement filed on September 8, 1978, with the Secretary of State, State
of Florida, under File No. 929816; and
. WHEREAS, the said HUTCHINSON ISLAND LIMITED PARTNERSHIP has ~
requested the said THE FIRST NATIONAL BANK OF CHICAGO to release the
premises hereina~ter described, being part of said mortgaged premises,
from the lien and operation of said Mortgage:
NOW, THEREFORE, KNOW YE, That the said THE FIRST NATIONAL BANK
OF CHICAGO as well in consideration of the premises as of the sum of TEN-•
and Nf~l-100s (510.00) DOLLARS, to it paid by the said HUTCHINS~N ISLAND
LIMITEO PARTNERSHIP at the time of the execution hereof, the,receipt
wtiereof is hereby acknowledged, does remise, release, quit-claim,
exonerate and discharge from the lien and operation of said Mortgage unto
the said HUTCHINSON ISLAND LIMITED PARTNERSHIP it heirs and assigns, all .
that piece, parcel or tract of land, being a part of the premises
conveyed by said mortgage, to-wit:
~ Condominiuin Unit 5411 of GOLF VILLAS,
a Condominium, according to the
Declaratian of Condominium therefor
recorded in Official Record Book 302,
page 1250, et seq., Public Records of -
St. Lucie County, Florida, together
with the undivided interests
appeartaining thereto pursuant to said
` Declaration.
~ TO HAVE AND TO HOLD the same, with the appurtenance's, unto the
, said HUTCHINSON ISLAND LIMITED PARTNERSHIP its heirs and assigns forever,
s freed, exonerated and discharged of and from th~e lien of said Mortgage
~ and Commercial Code Financing Statements, and every part thereof;
~ provided always, nevertheless, that nothing herein contained shall in
~ anywi~e_impair, alter or diminish the effect, lien or incumbrance of the
~ aforesaid Mortgage and Commercial Code Financing Statements, on the
~ remaining part of said mortgaged premises not hereby released therefrom,
~ or any of the rights and remedies of the holder thereof. _
's
~ , IN WITNESS WHEREOF, the said THE FIRST NATIOMAL BANK OF CHICAGO
~ has caused these presents to been executed in its name, and its corporate
~ seal to be hereunto affixed, by its proper officers thereunto duly
~ authorized, this q~,~,~ Z, ig~q ~ .
.
~
; Signed, sealed and delivered THE FIRST NATIUNAL BaNK~OF'CH:IC•AGO
~
3 - .
2 in the presence of: (Corporate Sea~)
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~ This instrument Prepared By:
~ KENNETH J. WEIL, ESQ. _
~ FRATES FLOYD PEARSON STEWART
' RICHMAN dc GREER
5 Twenty-Fifth Floor gppX~~ ~Af,E 767
? One Biscayne Tower
; Miami, Florida 33131
~ Phone: 377-0241 !
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