HomeMy WebLinkAbout0586 1801272 DS
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SU5821
Pt3x~rlal. I:rI.~:~sl: or lolz'rc:1cE larti
WHEREAS, IiUTCHINSON ISI.ANI) LINIITF•.D, INC., a Uclaware
corporation authorized to transact business in tlTe State of Florida, hereinafter
called "1~lortgagor," by the following described documents granted and conveyed I
unto THE FIRST NATIONAL BANK OF CHICAGO, r1 national banking association,
hereinafter called "Mortgagee" and its assigns, the premises and property therein
particul+irly described to secure the payment of the sum of money hereina; ter
mentioned with interest thereon:
\lortgage given by HUTCHINSON ISLAND LIMITED, INC., as
`Iortgagor, in favor of TILE FIRST NATIONAL, RAyK OF C1I[CAGO, as Mortgagee,
dated J+rne 2, 1980, and filed in Official Record Book 332, at Page 1703, in the
Public ttecords of St. Lucie County, Florida, in the original amount of Twelve ~
t`1i11ion Seven Hundred Thousand nollar•c (~12,700,400.00~, together with att
ASSign+nent of Leases, Rents and Profits recorded in Official,. Record Book 332, at
Page 1728, and Assignment of Sales Contracts recorded in Official Record hook
332, at Page 1735, sad UCC-1 Financing Statement recorded in Official Record
Book 332, at Page 1721, all of said documents [filed in the Public Records of St.
l.+rcie County, Florida, and all of said documents recorded on June 5, 1980; and in
audition, aUCC-L Financing Statement filed with the Secretary of State, State of
1'loric;a, on June 16, 1980, under File Ir'o. 1207244, between said parties; and
tiV11ERE:~S, the said ~Sortgage has requested tiTe said 19ortgagee to
release tt~e premises and other property hereinafter described, being a part of said
'~1ortgage, and encumbered Qremises, from the liens And operation of said ltor*_gage '
end other liens;
t`OtV, 'I'iIERF.FORE, ICI~OW YE, ttrat the said '.Vortgagee, in
co?+siderrition of :he premises and the sum of 'L'en Dollars (10.00) and other good i
acct vaiuablc crnsidorations to it in hand paid by or on behalf of the said mortgagor
a: the time of the execution hereof, the receipt whereof is hereby acknowledged,
does remise, release, quit-claim, exonerate, and discharge from the lien and
open:tion of said Mortgage and other liens referred to above unto the said
Mortgagor, its successors anti assigns that certain rpo tion of the premises conveyed
by said tilortgage, and other liens referred to above more particularly described as
follows:
I
Conao+ninium Unit No. 7324 , CATAMARAN II,
VI1 .SE C, e Condominium, according to the ~
Declaration of Condominium recorded July 15, 1980,
in Official Records Book 334, at Page 2451, of tije
~ Public Records of St. Lucie County, Florida.
4
TO RAVE AVll "TO HOLD the same, with the appurtenances, unto the
said Mortgagor, its successors and sssigns forever, freed, exonerated and
~ discharged of and from the lien of said Mortgage and every part thereof; provided
Always, nevertheless that nothing herein contained shall in anywise i+npair, alter or
~!irninistr the effect, lien or encumbrance of the aforesaid Mortgage and other liens
referred to rrbova or. the remaining property of said mortgaged premises, not
I~ereby released tt+erefrom, or any of the rights a+?d r~Tnedies of the holder thereof.
L'v' i•ti'I:'NESS N'fIFREOF, the said 11ortgT:gee has hereunto set its hand
! and seal this 19ttlday of September, 1980.
Signed scaled +ind delivered 'i'HF. FIRST VA'i'IONAL BANK Or CHICAGO,
in ttlE_` ~I'C'.`it~.T::,C of: a national ranking association
3 `
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Attest:
Loup
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This ;r:. .......r.d I)y:
G. ~ ~ ~ l~.A. CH,'1sl~j
i '1'.. , h t~ 1~;.,c
2.~~.:~.,;, t~:;,.J~a 33131 BOOXc~
~ PiiGE eAV
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