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1'AR'i'lAL RELEASE OF ~101tTUAGE LIEN
W1IEKEAS, HUTCHINSON ISLAND L1~11TED, INC., a Delaware
corporatiarr allthori~ed to transact business in the State of Florida, hereinafter
called "~~lortg~lgor," by the following described documents granted and conveyed
unto THE FlKS1' N~~TIONAL BANK OF CHICAGO, a national banking association,
hereinai tc~r called "\lc?rtgrlgce" and its assigns, the premises and property therein
particularly described to secure the payment of the sum of money hereinafter
mentioned h ith interest thereon:
Mortgage given by IIUT~~HINSOy ISLAND LI'\11TED, INC., as
mortgagor, in favor of THC FIRST NATIONAL RANK OF CI11C~\GO, as Mortgagee,
dated June 2, 1980, and filed in Offic.inl Kecord I;Dote 332, at Pagc 1703, in the
Public Kecol•ds of St. Lucie County, Florida, in the original amount of Twelve
i\]iltion Seven hundred Tho~lsand Dollars (512,700,000.00), together with an
Asslt;nlnE~nt of Leases, Kents and Profits rccordrd in Official Record Book 332, at
Piioe 1728, and :lssit~nment of Gales Contrart~ recorded in (~'•'ficial Record I3ooi:
332, ilt Pt,ge 1735, and UC('-I Financing State~ncnt recorded in Official Record
i3~ok 33?. at Page 1721, all of said documents filed in the Public Records of St.
Lucie Co~.~ttty, F1<~rida, and all of said clocumenls recorded on June 5, 1980; and in
addition, a UGC:-1 Financint; Staler.~ent filed with the S«~cretary of State, State of
Flu: ida,. U;1 June 1G, 198U, under File No. 1201244, between said pr~rUes; and
1~ IIL•'REAS, the s.iid ti1ortgage has requested the said Mortgagee to
release the premises and other property herein~cfter described, being a part of said
~lortgagc. and encumbered premises, from the liens and operation of said Mortgage
and other liens;
NO«'. THEKF.FORE, KNOt\' 1'i:, that the said Mortgagee, in
consideration of the premises and the sum of Ten Dollars (S 10.00) and other good
and valuable considerations to it in hand paid by or on behalf of the said mortgagor
at the time of the execution hereof, the receipt •whereof is hereby acknowledged,
does remise, release, quit-claim, exonerate, Hnd discharge from the lien and
operation of said ti]ortgage and other liens referred to above unto the said
~Iortoagor, its successors and assigns that certai~l orp tian of the premises conveyed
b; said Mortgage, and other liens referred to above more particularly described as
follo:vs:
Condominium l'rr.t No. 7661 , CATA"~tARAN 11,'
Pti •~SL'• C, a ('ondominium, according to the
Uc~laration of Condominium rerorc'ed .July 15, 1900,
j in Official Records Book 334, at i'r~t,c i•l51, of the
Puuii!~ Records of St. Lucie Count', !~lorids.
F
'I'U }1:1 ~ is U TO HOLD the sr nle, with the A~~r~rrtQ.rannns~ I:niL? the
i sri~-. L'o~it;sgor, its succes~:ors itnd a~ign; forever, -freed, exonerated and F
~a_.ch gcci of rind from the lien of said ti]ortgt~t;e and every pairs thereof; provided
g r:l:~:a};, a~w~rtheles~ tlrnt nothing herein contained shalt in anywise impair, alter or
! ~.i~lir~in ttae effect, lien or encumbrance .~f the c~foresaid ~'ortgage and other liens
r'E'fi:~ reel to above on the re,ilaining property of said rnnrtgrrged premises, not
I:^reoV :•et~used ti;crefrom, or any of the rights *lyd rerr.edies of the holder t creof.
IN ~ti I'! ;ti E:i:S tti I l E R EOF, the said mortgagee has hereunto set its hand
any serif tilts 19t1~}~,y of September, 1980.
Signed sealed and delivered THE FIRST tia'I'IO~i:1I, 8:1NK OF Cli1C:\GO,
in the presentee. o:'- a national 1>~inr:ir;g association
l-oQ N 8 ~~r ~ n-
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FLr~YD I'I' t;'. • . I?ICH,1~jA,N
hli:zur:, t a„i<:a 33231
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