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1800466 DSJUS~'7
PAR'I'lAL RELEASE OF ~~]OItTGAGE i.IEN
1Vlila:EAS, EiUTCHINSON [SLANIr t.1~11'l'F.U, 1NC., a Delawace
curporntion authorized to transact busines, in the State of Florida, hereinafter
ezil:ed "Mortgagor," o}~ the following described aoc~umenis grr+nted and conveyed
wrio THE I'IRST NA'CIONAh RANK OF CI11(::1rZ(l, a nati.~nal banking association,
itereinaftcr cr?11eJ "it1octgagee" and its assigns, tlr% premises and property therein
r~rticulacly described to secure the pnyment of the su.n of money hereinafter
mentioned with interest thereon:
1lortguge gi~•en by ,IiUTCH1N5()N ISLANU LI~1ITF.D, INC., tis
;~]ortgagor, in Cavor of '1'liF. FIRST' NATIONAI. B.•~,~K OF (;HIfr1C~0', as Mortgagee,
drited June 2, 1980, and filed in Official Record 1;ook 33~, at Page 1703, irr the
Public Kecords of St. Lucie County, Florida, in-file originRl amount of Twelve t
1lillion Sc+ven lt]+!nclrecl Thousand Dollars {el?,700,QOO.OQ), together with an
A~signrnent of Leases, Rents and Protitt recorded in Official Kecord Book 332, at i
Page 172.8, and Assignment of Sales Contracts recorded in Official Record Book
332, at Page 1?;;5, and UCC-1 Financing Statement recorded in Official Record
Book 332, at Page 1721, all of said documents filed in the Public Records of St.
Lurie 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
Ploridri, on June 1G, 1980, under File No. 1207244, between said parties; and
tYNF.REAS, the said Mortgage has requested the said Mortgagee to
release the premises and other property tticrcinafter described. being a part of said
11ort;age, rtncl encumbered premises, from the liens rtnd operation of said ?4tortgage '
rend other liens;
tic1?ti, 1'til:R"r.FOttl:, I{NOiy Yl•:, that the said `:]ortgagee, in
c•on;ider::Ucn of the premises rind the sum of Ten (dollars 010.00) and othec good t
and ~rilur5le consic~~ratiozs t« it in hand priid by or on behalf of the s~eid mortgagor
rtt tti~ Lic.~e o; t!m execution hereof, the receipt wherro[ is he~•ehy acknowledged,
ec,i;s re: ripe, celcu~e, quit-cirticn, exonerate, and discharge from the lien anti
oiler:<ticrt oP ~~~liL aortg.~gc .rnd other liecls referred to above unto the said
~l~~r•.;;agc~r, its sucrrssors and :rs:~igns that eertr?in Euriion of the premises eonve~red
by ~rti.! '~t.~rt„:~c, >>id other liens referred to a5:n'c more particularly c!+acribed us
f~~llutvs:
C'ondorniniur:~ Unit No. 7253 !':\T_1~]AR.AN :t,
PHr1SE C, a Condominiu?n, acc•,~~r<iing to t`~e
~ i)crttrratian of Condominium recorded .luiy ? 5, ? ~+FO,
in Official R,eeords Rook 334, trt Page 2451, of the
~ Public Records oC St. Lucie County, i'lorida.
i r
~ TO !la~E ANU TO HOLD the same, with tl•?e rippurtenances, unto the
said 1lorigrrgar, its succe~ors and assigns forever, freed, exonerated and
discharged oC and from the lien oC said blortgagc and every hart thereof; provided ~
always, nevertheless that nothing herein contained shall in anywise impair, alter or
diminish the effect, lien or encurnbranee of the aforesaid 1•iortgage and other liens
referred to above on the remaining property of said mortgaged premises, not
hereby relessed therefrom, or any of the rights and remedies of the holder thereof.
IN19th NESS WHEREOF, the ,aid ~]oric?,agee has hereunto, set its hand;
and seal thts day of September, 1980.
Si~ne~.; sealed:end ,~eiivered THE PittS't Vr~'I'IONAL I3A`;K OF CHICAGO,
~ irr the ,rresence of: a national banking association
f ~s
~ rlitest: ` _ ~~j,~-, r wit <
r:t~ ~ :art, -1-
1'LC~YD Pf ; ~ . • . T t?ZCai.'4SA11(
t•r1.
IISr:.n+i, t~;i~rir::t 331;3)
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