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512855
PARTIAL REI.EASE OF MOR7'GAGE LIEN
WHFREAS, NUTCHINSON ISLAND WMITED, INC., a~elaware
corpo~ation authorized to transact business in the State of Florida, hereinafter
called "M~rtgagor," by the following described documents granted and conveyed
unto Tt1E FI-RST NATIONAL BANK OF CIiICAGO, a national banking association,
hereinafter called "Nortgagee" and its assigns, the prernises and pcoperty therein
particularly described to secuce the payment of the sum of money hereinafter
mentioned with interest theeeon:
Mortgage given by HUTCHINSON ISLAND . I.Ic~IITED, INC., as
Vlortgagor, in favor of T1iF. FIRST NATIONAL BANK OF CHICAGO, as Mortgagee,
dated June 2, 1980, and filed in Official Reeord Book ~332, at Page 1703, in the
Public Records of St. Lucie County, Florida, in the original amount of Twelve
MiDion Seven Hundred Thousartd Dollars (~12,700,000.00), togethec with an
Assignment of Leases, Rents and Profits recorded in ~Offieial Record Book 332, at
Page 1728, and Assignment of Sales Contraets recorded in Offieial AecoM Book
332, at Page 1735, and UCC-1 Finaneing Statement recorded in Ofiicial Kecord
Book 332, at Page 1721, aD of said documents filed in the Public Records of St.
l.ucie County, Florida, and all of said doeuments recorded on June 5, 1980; and in
addition, a UCC-1 Financing Statement filed with the Secretary of State, State of
~'lorida, on June 16, 1980, under File No. 1207244, between said parties; and
WHEREAS, the said Mortgage has requested the said 1~Iortgagee t~
release the premises and other property hereinafter described, being a part of said
Mortgage, and encumbered premises, from the liens and operateon of said Mortgage
and ~ther liens;
NO~V, THEREFORE, KNOW YE, that the ~nid Mortgagee, in
consideration of the premises and the sum of Ten Dollars (=10.00) and other good
and valuable considerations to it in hand paid by or on beh~lf of the said moctgagor
at the time of the execution hereof, the receipt whereof is hereby acknowledged,
does rernise, release, quit-claim, exonerate, and disch~rge from the lien and
operation of said Mortgage and other liens referred to above ~jnto the said
Mortgagor, its successors and assigns that certain ~ortion of the premises conveyed
by said 1~lortgage, arxl other liens referred to above more particularly described as
follows: .
Condominium Unit No. ~JE~ CATA1~iARAN U,
PHASE B, a Condominium, according to the
Deelaration of Condominium recorded July 15, 1980,
in Official ftecords Book 334, at Page 245t, of the
Public Records of St. Lucie County~ Florida.
TO I~AVE AND TO HOLD the same, with the appurtenances, unto the
said Mortgagor, its successors and assigns forever, freed, exonerated and
discharged of and from the lien of said Moctqage and every part thereof; provided
always, nevertheless that nothing herein contained shall in enywise impair, alter or
diminish the effect, lien or encumbrence of the aforesaid Mortgege and other liens
rcferred to above on the remaining property of said martgaged premises, not
hereby released therefrom, or any of the rights and remedies of the holder thereof.
IN WITNESS WHEREOF, the said Mortgagee has hereunto set its hand
and seal this ~~ daS- of August, 1980.
Signed sealed and delivered THE FiBST NATIONAL RANK OF CHICAGO.
in the presence flf: a national bankin ; association
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'I'l;iti in5trc:~nc~r.t ~~rc•l~~rcvl by;
[tF:~NF:I'H J. ~V1sIL
I~LOYD F7:E11tS~)N sTr•,~VART RICHMAI~t
Gl;i•:EI2 & K'LII., P.A.
7~+•enty-F'ifth lloor
Une Bisc~yne To~ser .
Miruiu, I~lorida 3;i131
1'hone: 37?-0:.'41
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A ttest:
~8si8tant Vice President
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BOOK ~4~ PdGE ~6
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