HomeMy WebLinkAbout2723 446490 a,nn o1-23042606 ~
PARTIAL RELEASE OF MORTGAGE
KNOW ALL MEN 8Y THESE PRESENTS:
WHEREAS, HUTCHINSON ISLAND LIMITED PARTNERSHIP, Mortgagor, 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 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 MILLION FIFTY
THOUSAND and NO/lOQs ($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 hereinafter described, being part of said mortgaged premises,
from the lien and operation of said Mortgage: -
S
NOW, THEREFORE, KNOW YE, That the said THE FIRST NATIONAL BANK
OF CHICAGO as weil.in consideration of the premises as of the sum of TEN
and NO/100s ($10.00) DOLLARS, to it paid by the said HUTCHINSON ISLAND
LIMITED PARTNERSHIP at the time of the execution hereof, the receipt -
whereof is hereby acknowledged, does remise, release, quit-claim,
exonerate and discharge from the lien and operation of said Mortgage unto
the said HUTCHINSON ISLAND LIMITED PARTNERSHIP it heirs and assigns, all
that piece, parcel or tract of land, being a part of the premises
conveyed by said mortgage, to-wit:
Condominium Unit 5513 of GOLF VILLAS,
a Condominium, according to the
Declaration of Condominium therefor
recorded in Official Record Book 302,
page 1250, et seq., Public Records of -
St. Lucie County, Florida, together ,
with the undivided interests
appeartaining thereto pursuant to said
Declaration. -
TO HAVE AND TO HOLD the same, with the appurtenances, unto the
said HUTCHINSON ISLAND LIMITED PARTNERSHIP its heirs and assigns forever,
freed, exonerated and discharged of and from the lien of said Mortgage
5 and Commercial Code Financing Statements, and every part thereof;
provided always, nevertheless, that nothing herein contained shall in
anywise impair, alter or diminish the effect, lien or incumbrance of the
€ aforesaid Mortgage and Commercial Code Financing Statements, on the
remaining part of said mortgaged premises not hereby released therefrom,
or any of the rights and remedies of the holder thereof.
IN WITNESS WHEREOF, the said THE FIRST NATIONAL BANK OF CHICAGO
has caused these presents to been executed in its name, and its corporate
_ seal to be hereun affi by its proper officers thereunto duly
authorized, this •
t~~~::"~iuitur,;j,
Si ned sealed and de vered THE FIRST NATO ~ C-=Qf CHICAGO
~,ct _ _
s in the presence of: (CorRc~$~'$~al=)~ -
y~
`~~f ~ ° i t ~ 3ii
This instrument Prepared By
KENNETH J. WEIL, ESQ.
PRATES FLOYD PEARSON STEWART #
~ RICHMAN ~ GREER
Twenty-Fifth Floor
One Biscayne Tower ~~~'.~`a~
A Miami, Florida 33131 ~
Phone: 377-0241