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K'tiEREAS, NUTCIiINSON ISGANU L1~~11TFD, INC., a Delawnre
corpoeation nuthori~ed to transact business in the Stnte of Cloridt~, hereina[ter
called "Nortgagor," by the following described documents grunted and conveyed
unto THE PIRS'1' NATIONAL BANIZ OF CHICAGO, a nntional bnnking Association,
hereinafter called "Vfortgagee" end its assigns, the premises and propcrty therein
particul~rly described to secure the pay~ment of /he sum of money hereinafter
mentioned with interest thereon:
Mortgage given by fIUTC1~INSON ISGAND L1~IITED PAit'fNERSfiIP, as
~iortgagor, in favor of TFiE FIRST NA'I'IONAL E3ANK OF CHICAGO, as ~tortgagee,
dated llecember 4, 1978, and filed in Official Record Book 299~ At Prage 991, in the
Public Reeords of St. Lucie County, rtorid~, in the origintii amount of Twelve
Million Dollars (512,000,0OO.OU), and as modified by Modifict~iion of tilortgage
dated June 2, 1980, and recorded in Offici~il Records [3ook 332 t~t ~a~e 1738 of the
Public Reeords of St. Lucie County, Florida, wherein t1U'tCHINSON ISLAND
LI\1ITED, INC. nssumed the indebtedness secured by said l~]ortg~ge, and increased
the indebtedness to the principnl sum of Thirteen \tillion Dollars (513,000,000.00),
together with an Assignment of I.eases, Rents and Yrofits reeorded in Official
Record 3ook 299, at Page 10U2, and UCC-l Financing Statement recorded in
Official Rccord Book 299, at Page 1008, ali of said documeats filed in the Public
Records of St. Lucie County, Florida, and in addition, u UCC-l Financing
Statement filed with the Secretary of State, State of Floridu, on December 7,
1978, unde~ File No. 966909, between said parties; ~nd
1ti HEREAS, the said i~lortgnge has requested the sr~id ~lortgagee to
release the premises and other property hereinafter described, being a part of said
1~lortgage, and eneumbered premises, from the liens and operution of said ;~lortgage
and other liens; ~
NOW, 'fHEREFORE, KNOW YE, th~t the said Mortgagee, in eonsidera-
tion of the premises and the sum of Ten Dollars ($10.00) and other good and
vAluab?^ considerations to it in hand Qaid by or on behalf of the said mortgagor at
the time of the execution hereof, the ~eceipt whereof is hereby acknowledged, does
remise, release, quit-cl~-im, eronerate, and discharge from the Iien and operation
of said lnortgage and other tiens referred ta above unto the said vlortgagor, its
successors and assigns that certain ~ortian of the premises eonveyed by said
tilortgage, and other liens referred to abovc mor~ particularly described as follo«~s:
Condominiu~~ Parcel ho. 4224_, S};~~S(:APF. I
CLUSTI:R - PtIASE ~13i, n Cor~dominiurn, nccorclin~
to tlie l~eclaration of (.on~lomieium recordec
Septemoec ll, 1980, in Officiai Itecords ~~ook :'b,
at Pa~;e 1[l33. of the i`ubli~ Itecor~is of St. 1,~zeie
l:o~u~ty, [~Ioridfi, xnd ~iny i~nienci~-~ents ttiereto.
'I'C HAVI; AND TO HO(.~~ the ~~;~rnc~ with the nppurtenRnces, ~mto thc
st~id 1lortga~;or, its successors and a:~igns [orever, fr~ec~, exonerated and
dischnrged of and from the lien of said ':lortgf~gc and ever-~ ~art thereof; provided
alwa~~s, nevertt~eless th~t nothing herein cont~~iried shflll in anyti•rise i mpr~ir, altec or
diminish the effect, lien or encumbrnnce ol' the ~fores:~id ~Iort*;~lge and other liens
referred to above on ttie remaining property of said mortgi~ged premises, not
hereby released therefrom, or any of the rights and remedies of thc holder thereof.
IN R'ITNESS ~VEIEREOF, the said :~Iortgagee has hereunto set its hand
and seal this ~ day of November, 1980.
Signed sealed and delivered THE FIRST NATIONAL B:~NK OF CEI[CAGO,
in the presence of: a national banking associs~tion
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