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HomeMy WebLinkAbout0062 ~ 4~18Ei19 Peperone O1-23054594 ~ ~ n ~ PARTIAL REIEASE OF MORTGAGE KNOW AlL MEN BY THESE PRESENTS: WHER~AS, HUTCHINSON ISLAND IIMITED PARTNERSHIP, Mortgagor, by Indenture of Mortgage bearing date the 15th day of August, A.D., 1978, and recorded in the ofFiGe oF the Clerk of the Circuit Court in and for the County of St. Lucie~ State of Florida, in Official Records eook 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 tt~erein mentioned; and WHEREAS, Mortgagor executed a Uniform Commercial Code Financing SLatement filesi 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 Commercfal Code Financing Statement filed on September 8, 1978, with the Secretary of State, Stat~ 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: 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 NO/100s ($10.00) DOLLARS, to it paid by the said HUTCHINSON ISLANO LIMITED PARTNERSHIP at the t~me 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 56-18 of GOLF VILLAS, a Condominium, according ~o the Declaration of Condominium therefor recorded in Official Record Book 302, i page 1250, et seq., Public Records of ; St. Lucie County, Florida, together ~ with the undivided iFlterests ; -appeartaining thereto pursuant to said ~ ~ D,eclaration. ~ TO HAVE AND TO HOI.D the same, with the appurtenances, unto the ~ said HUTCHINSON ISLAND LIMITEO PARTNERSHIP its heirs and assigns forever, freed, exonerated and discharged of and from the lien of said Mortgage and Commercial Code Financing Statements, and every part thereof; provided always, nevertheless, that nothing heiein contained shall in anywise impair, alter or diminish the efPect, 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 CNICAGO ~ has caused these presents to been executed in its name, and its corporate ~ seal to be hereunt affix d by its proper officers thereunto duly authorized, this ~ Signed, sealed and delivered THE FIRST NATIONAL BANK OF CHICAGO ~ ~ . : ~ ~ in the presence of: (Corporate 5e31')" ~ ~ , i - _ . ~ - gy ; ~ , ' ~ c e r.es ~ei n~t - . ~ ~ - - . _ ' . ~ , . , : _ This instrument Prepared 8y: ~ ~ ~ KENNETH J. WEI~, ESQ. - ~ - ~ ~ ;~-'j FRATES FLOYD PEARSON STEWART r. ~ RICHMAN & GREER ~ ~ ~ - - Twenty-Fifth Floor ~ One Biscayne Tower 31i ~ ~ ~ Miami, Florida ^33131 ~~~'r A~F ,