HomeMy WebLinkAbout0724GARVEY 01-23083692
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YARTtAi, REI.I:ASI's OF ~ti10R'CGAGCs L1FN
~YHEREASs HUTCHINSON ISLAND 1.1~1I'CCt), INC., u Uelnware
corpnration nuthorized to tre~nsaet b~~siness in tt~e State of Floridu, hereinafter
c~lled "1+lortg~gor," by the following described documents g~~nted and conveyed
unto TiIE FIRST NATIONAL E3AN{C OI' Cf11CAG(~, a nntinnal bnnking ussociation,
hereinafter called ";1+lort~~gee" And its assigns, the premises ~nd property therein
p~rtieult~rly ~lescribed to ~ccuce tiie p~,yment of the sur:~ of ~~or~cy hercinitfter
mentioned with interest thereon:
:1lortgage given hy (IU"CClIINSON ISI.AND I.l~ll"Ct:U P:~RTNF.RSHIP, as
1~1ortgugor, in f~vor of TH[. HIRS'C NATIONAi. 13ANfC O1~ CHIC:1(~O, r~s 1~lortgri;ec,
dated Uecember 4, 1978, And filed in Officiu: fteeord }3ooK ~~`-~, at Page 391. in the
Publie Keco-cls of Si. I.ucic Count~~, Plorid~, in :he ~-ribinr~l umount of 'i'Y~elve
~9illion Dollars. ~$12,OQO,Ol10.00), ~nd ~s modifiecs by "~lodificnlion of ~IortgAge
dated June 2, 198U, nncl recucded in ~~fficiul ltecords l3ook 3's2 at Nuge 1738 of the
Public Records of St. Lucie Cour,ty, - Floridt:, whecein f'.L~'CCttINSON [SI,AN~
I.1~1~11'I'F.D, INC. assumed the indebtedness SCCUCed b}/ SAI[1 ~IuCi~;A~*Ct end incrcased
the indebtednes.-~ to thc principal sun~ oi 'it~irtcen ~~iillion Uoll~rs (~13,000,000.00),
togethcr with nn Assignment oC Le~~es, ltents tu~d Protit~ rceorcied in Official
iteeord t3ook ?9~ F~1 Pag. 1002, en~ Uc:C-1 l~inr+ncing Sti-tement recorcled in
Offici~l Record Book 2~9, at Nngc 1f;08, All of sflid document5 filed in the Public
Records of Sl. Lucie County, l~loric;,~, and in f~ddition, t~ UC~;-1 Cin~ncin~
Stntement filed with the Secretar;~ of St:ite, State of f~loric'.a. on Dccember 7,
1J78, under I~ilc~ No. 86G90J, betwecn siiid p:~rties; rind
~VH ER E AS, lhe said :tilortgr~ge has requested the ~id ~lortgagee to
releasc thc premises and other propcrty hereinaftcr described, being fi pnrt of said
1lortgage, and encumbered premises, from tTie liens and operation of' said 1lortguge
and other liens;
NOW, '1'HEREFORE, KNO~V Y[:, that the said ~tort~agce, in con~idera-
tion of the premises and the sum of Tc~n L)ollars ($10.00) r~nd other good and
vuluable considerations to it in hand paid by or on behalf of the said morigagor at
the time of the execution hereof, the receipt whcreof is hereby acknowled~ed, does
re~nise, release, quit-claim, exonerate, and disch~rge from the licn and operati~n
of said tilortgage and other liens referred to above unto the siiid ~4iortgagor, its
suece~urs and assigns that certain portion of the premises conveved by said
l~lortgage, and other liens referred to at~ove r,~ore partieularly descrit~ed ~:s follows:
Condomini~im Parccl ~o. 4282, SEASCAPf I
CLUS'I'I:f{ - PH:1SE (}i), n Condoinirium, r~ccording
to the t)cclnration of Cor~dorniniucn recor~ie~
5epten;ber 11, 198~1~ in ~~[ficial Records ~?ao~~ :t38,
t~t Puge ]033, of thc 4'~!~~1ic 1{ccorti; of St. l.ticic
Cotmty, I~i~ri~in, anci }~~~::~ sl+uenci+~;c~-~t~ thc~rM~~.
'1'U f1:~VE AhD TO HO[,U thc st~rr.e, nritii ttic ~!~»~lrtenr.nce~, ut-to tt~e
sfiid :~•lortgat;or, its successors r~n~i rls~~gns for~~ver, frec~~l. exoner:~tec: und
~iischargeci of iinc; fr~m thc lien of s~iid '.'ort;~~e xnd ever~.~ E~~rt thcrcof; ,~rovided
always, nevert~.cless th~t nothin~ herein cont~inc~1 shnll in anv:~:isc irnpHir, ulter or
diminish tt~e effect, lien or encun.urnnce of tl~c fiforesa~i~+ i•?<,~•i~,~:~gc nnd other liens
referred to t~:~ove an the remainic~~; property o1' sr~ic: n:or•t:;~~;;ed prc~~„ises, not
hereby released therefrom, or any of thc ri~hts nn~i remeciies ot the holcler thc~reoi.
IN 11'ITNI;SS ~VttEREOt~,.the s~id ~tort~agee hus licreurilo set its hf~nd
and seal tt~is 13 day of yovember, 1980.
Signed sealed ~ind delivered THF. ~IRS'T NA'TinN~1t, R:1NK OF CIIICALO,
in thc presence of: a national bnnking associt~tion
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Bo~K~~6 PAr,E 722
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