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HomeMy WebLinkAbout1738~. ,~~ ~ i 511613 PARTIAL RELEA3B OF MORTGAGE LISN WHER6AS, HUTCHINSON ISLAND LIMITED, 1NC., a Delaware corporation authocized to transact business in the State of Florida, hereinafter called "Mortgegor," by the followIng deseribed documents granted and conveyed unto THB FIRST NATIONAL BANK OF CHICAGO, e nstional banking association, hereinaftec called "Mortgagee" and its assigns, the premises and pcoperty therein particularly described to secure the payment of the sum of money hereinafter mentioned with interest thereon: Mortgage given by HUTCHINSON ISLAND LIMITED, INC., as Mortgagor, in favor of THE FIRST NATIONAL BANK OF CHICAGO, as Mortgagee, dated June 2, 1980, and filed in Officiel Record Book 332, at _Page 1703, in the Public Records of 3t. Lucie County, Florida, in the original amount of Twelve Million Seven Hundred Thousand Dollars (s12,700,000.00), together with an Assignment of Leases, Rents and Profits recorded in Officiel Recocd 8ook 332, at Page 1728, and Assignment of Sales Contracts recocded in Ofiicial Record Book 332, at Page 1735, and UCC-1 Financing Statement recorded in O[ficial Record Book 332, at Pege 1721, all of said documents filed in the Public ftecords of St. Lucie County, Florida, and all of said documents recorded on June 5, 1980; and in addition, a UCC-1 Finaneing Statement filed with the Secretary of State, State of Florida, on June 16, 1980, under File No. 1207244, between said pacties; and W HER BAS, the said ~lortgage has requested lhe said 1~Iortgagee to release the premises and other propecty hereinafter descrii~ed, being a part of said Mortgage, and encumbered premises, from the liens and operat~on of said Mortgage and other liens; NOW, THEREFORE, KNOW YE, that the said Mortgagee, in consideration of the premises and the sum of Ten Dollars (at0.00) and other good and valuable considerations to it in hand paid by or on behalf of the said mortg::gor at the time of the exectttion hereof, the receipt whereof is hereby acknowledged, does remise, release, quit-claim, exonerate, and discharge from the lien and opecation of said Mortgage and other l~ens referred to above unto the said Mortgagoc, its successors and assigr~s that certain portion of the premises conveyed by said Mortgage, and other lier~ referred to above more particularly described as follows: Condominium Unit No. '~ CATAMARAN II, PHASE B, a Condominium, accocding to the Deelaration of Condominium recorded July 15, 1980, in Offieial Records Book 334, at Page 2451, of tne Public Records of St. Lucie County, Florida. TO HAVE AND TO HOLD the same, with the appurtenances, unto the said ~lortgagor, its successors and assigns forever, freed, exonerated and discharged of and from the lien of said Mortgage and every pert thereof; provided elways, nevertheless that nothing herein contained shall in anywise impair, alter oc diminish the effect, lien oc encumbrance of the aforesaid Mortgege and other liens referred to above on the remaining property of said mortgaged premises, not hereby released therefrom, or any of the rights an~ remedies of the holder thereof. I~NESS WHEREOF, the said lrlortgagee has hereunto set its hand and seal thi ~' day of August, 1980. Signed sealed a~d deliveced THE FIRST NATIONAL BANK OF CHICAGO, in the presence of: a national banking association , ~ ~-~ "~-~ ~-~~~~ _ Zliis instrumcr.t preparc~cl by; KEIv:VETH J, ~VFIL CLOYD P~ARSON S"I`EWqRT RICHMqN GrtrER & W'EIL, p,q, 7k~enty-Fifth F'Ioor< One Bis~yne Towec Miami, ~'lorida 33131 ,`r ~'~: 37?-0241 - "..~ = ~ . ~ ~~,..~ ~. ~ ~ ° - ,, ~;,.~ v - Attest: ' 'ft~~fstant 'Jice PrQSident -1- 600Kc~t5 PAGEi~s ~~~~.~ .