The URL can be used to link to this page

Home My WebLink About0763~~ S12842 PARTIAI, REI.EASC OF MORTGAGC LIEN WHCREAS, HUTCIIINSON iSLANn L[AiITED, 1NC., a DelaKare corporation authorized to transact business in the State of Florida, hereinafter called "Niortgagor," by .the following describcd docurnents g~anted and conveycd unto THE FIRST NATIONAL BANK OF CHICAGO, a national banking association, hereinaftec called "ylortgagee" end its ass9gns, the premises and property therein particularly described to secu~ e the payment of the sum of money hereinafter mentioned with interest thereon: illortgage given Dy HUTCHINSON ISLAND t.IMITED PARTNf:RSNIP, as tiiortgagor, in favor of THE FIRST NATIONAL F3ANK OF CH1C:'1G0, as hiortgagee, dated Decembcr 4, 1978, and fiied in Official ltecord [3ook '199, ut Puge 991, in Ihe Public Records of ~~. Gucie County, Floridc~, in the ori~inal amount oC Twelve :Million Dollars (512,000,000.00), and us modified by ~lodifico.tion of Mortgn~e dated June 2, 1980, and recorded in nffieial Records Eook 332 at P~~ge 1?38 of t?ie Publie Records of St. Lucie Gounty, Floricla, wherein HUTCHINSON ISLANU L1n1ITi:D, 1NC, assumed the indebtedness secured by suid :-iortgage, and increased the indebtedness te the principal sum of Thirteen .itillion Dolllrs (~13,000,000.00), together w~th an Assig~iment of Geases, Rents arrd Profits recorded in Official Record [3ook Z 99~ at Page 1002, and UCC-1 E~inancing Statement recorded in Officiul Record Book 2 951 at Page 1008, c~il of said documents filed in the Public Itecords of St. Lucie County, Florida, and in addition, u UCC-1 Cinancing Statement filed with the Secre.tary of StAte, State of Florida, on December 7, 1978, under File No. 966909, between suid parties; and ti9HFREAS, the said l~iort~~~oc hzis requesteci ihe st~id 1~lortgagee to release the premises and other property hereinufter describeci, being a part of said l~Iortgage, ~nd encumbered Qremises, from the liens and operation of said 1~Iortgnge and other liens; ~ NOW, THEREFORE, KNOW Y~, that the ~xid 1~iortgagee, in considera= tion of the premises and the sum of Ten Dollars (510.00) and other good and valuable eonsiderations to it in hn;~d paid by or on behalf of the said mortgagor at the time of the execution hereof, the recei~t whereof is hereby ucknowledged, does remise, release, quit-claim, exonerate, and dischnrge from the lien and operHtion of said i~iortgage and other liens referred tv above unto the s~id 1lortg..~or, its successors and assigns that certain p~rtion of the ~irernises conveyed by said 1~]ortgage, and ottier liens referred to above niore particularly de~cribed as foll~ws: All Condominium Parcels in .iEASCAPE [ GLC'STl:t2 - PHASE tA~, a C:uncornini!im, acc~rding to ti~e Declarr~tion cf' (.'on~:cminium reccrc!ed SeptemUer 11, 1980, in Official {tecords Eiook 3:3` , nt Pa~e 1033, of thc t'ublic Itecords of St. Lt~cic - County, [~lorida, r~nd r~ny nmend+nents theeeto. ~Befng all units in 4100 Building of SEASCAPE I). TO I~E1VE c1ND TO tiOLU the st~me. ~vith the c~ppurteni~i:ces; unto the suid 1]ortga~or, its successors iin~ ~~.yi~ns iorever, freecJ, eKOncr~ted und diseharged of nnd f'rom the lien oi' snid ~Iortgf~~c and every p~~rt it:ereof; provide~ always, c~evertheless th~t nothing hcrein contAineci shr~ll in unywise i-;,p~tir, alter or diminish the effect, lien or encumbrunce of ihe nfore.~id :~lortguoe r~nd othcr ticns referred to above on the remuining prope^ty of said mortgaged prernises, not hereby released therefrom, or any of the rights and remedies of'the i~older ti~ereof. 1N WI'I'NESS ~ti HEREOF, the said ~Nortgagee has hereunto set its hand and seal this /~,~j ~sy of November, 1980. Signed sealed and delivered THE FIRS'I' NATIONAL BANK UF CNIC~GO, in the presence of: a national banking assoeiation ; ~~--~-~~` ~ - v~Y`F--~~.c-- ~~I A,-~ l _ ~C-~~L By ~~,~cLvt_l~ ~y ~ ~•.~zf krz,.~(~ ~ ~,~ ,,,.,e~ ~ ..er._~~,.~- . Attest: ~l't'~~L. ~~-'~2~.t-~.~ s Ii~i; in iruiri:~r:1 j, ..,,,,.: hy: j~~•-t.., L C-t~ 1 fif:`:,:I:"i'11 .1. ~; {'1[. ~ ~ - Ft.nY1) I't'.;::~-rr, .'"i'i'~'::~;~'1' l~it'fi1i:1:~1 • (i:i: i.1: . i~.i:i-,. ~',f. : ... . • ~.-i: i:l 1' it,':f O-~~, t::<<:;:'n,. ~i'u..c•r ~ ti~;:~~.~~, c~<<F:~~!.- :;:s~ai Stl~~~ P~6f ~ I'hoi~r: ~ ~ ~ :,! 11 ~ -,~~:.__, ,:_ .