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5051588
!'AR'CIAL RELEASE OF MUR'1'GAGE l.tE N
IYHEFtEAS, HUTCHINSON 1SLAN1) L1VIlTF.1), INC., a lletaware
corporation authorized to transact businea-s in the State of Florida, hereinafter
called "Mortgagor;' by the following described ducunlents grunted and conveyed
unto THE FIRST NATIONAL. BANK OF CHICAC;O. rt national banking association,
hereinczftor called "ltortgagee" rind its assigns, the premises and property therein
partieul?lrl described to secure tae payment of the sum of rnor?ey hereinafter
mentioned with interest thc~rcon:
anrtgr:ge given by HUTCHINSO'~ ISI.ANI) Ll~tl'1`F.I1, INC., as
~lortganor, in fa~•or of 'CHE FIRS'C NATiONAI, f,.\`IK OP ('111CAG0, as ;Mortgagee,
dated .tune 2, 1'30, and filed in Official Record I;ook 332, at Page 17Us, in the
Public Records of St. Lucie County, Florida, in the original amount of Twelve
Million Seven Hundred , i?~,usend Dollars (51'L,700,000.00), together with an
r1•>signment of Lenses, Rents and Profits recorded in Ufficirtl Record Rook 332, at
Page 17'l8, and .lssignment of Sales Contracts recorded in Official Record Book
332, at Pfige 1735, and UCC-1 Financing Statement recorded in Official Record
Isuuk 33~, at Page 1721, all of said documents filed in the Public Records of St.
Lucie County, Florida, and all of said documents recorded on June 5, 1980; and in
addition, aUCC-1 Financing Statement filed with the Secretary of State, State of
Florida, orb June 16, 1980, under File No. 1207244, between said parties; and
WIIEREAS, the said 3tortgage has requested the said 1Aortgagee to
relc~isc the premises and other property hereinafter described, being a pert of said
`•lortt;ege, rlnd encumbered premises, from the -liens and operation of said Mortgage
and other liras;
~ilt1, "THl:It1:F~~K1:, KNOK' YF•., that the said Mortgagee, in
c:or?si~~craiut? of the premises and the sum of Ten Dollars (=10.00) and other good
and vt~lu::~~~e ronsidcrations to it in hand paid by or on behalf of the said mortgagor
a the 'i!31e of the execution t~ereoC, the receipt whereof is hereby acknowledged,
doe:: r~:,~i,e, rele~+sc, quit--claim, exonerate, 1?nd discharge from the lien and
o; :•rritian of -~lir. aorta:,fie arui other liens referred to above unto the said
"'t;;t+":r, !tti ~lli'CE'S'SOCi ;ind %'~Si<<T,il.i that certain ~Ortion of the prei1115eS ..^_Ortveyed
~,l<<- tlnd oti?er 1:~•r~ referred to r~twe more fiartiriliz3rly dc;s~ribed as
c'.,+r..orlinium tnit '1 t•. 7~i62-, :•-\'I':\'?11RAN i;.
I'ii:1.Sl: C, e ('ondominium, ac•eor?iins~ to ti~~,
>>ec•Irirrltion of ~'ondocniniu?:~ rccor~4rd July 15, 1980,
in C?;fi?~i,il liccords F3ook 334, ltt "?lt;e 2451, of t'?c'
Public Records u~ St. Lucie County. P1c~•ide.
' TO H:~1 L' AtiU 'CO HOLD the same. with the Annurt~rli~rrre~si rlRtn th•~
ss, id Flo: t5ugor, it-~ successors and aSSlcl1S forever, freed, exonerated and
<:~s:~~iarged of and from the lien of said tilortgage end every part thereof; provideb
aiw~?~,•s, r:evcrtheless that nothing herein contained ,hall irl anyvrisc impair, alter or
uin~inish the effect, lien or encumbrance of the aforesaid :vortgage and other liens
rePer~ cd to above on the remaining property of said mortgaged premises, not
hereby released therefrom, or any of the rights and remedies of the holder thereof.
1N tVITNESS lti IiEREOF, the said 11ortgrlgee has hereunto set its hand
and steal this 19th day of September, 1980.
Signed sealed and delivered THE FIRST NA'CIONAL BANK OF CHICAGO,
in the preenc~e of: a national b~lnking association
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