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512866
PARTIAI. RF.I.F•.ASF. n!~ M(1ltTGA(,F. '.I1:`:
WHI:RFAS, NUTCHWSON 1Sl.ANT~ 1.1:111TF.D, 1NC., ~+ nelaware
corporation authori•r.ed to t~ansact business in the State of Floridn, hereinafter
called "Mortga~oc," by the following descr~hed cbcuments gcunted ~~nd conveyed
unto 7'HE FIKST NATIONAL BA*'K OF Ciil('AGO, a national banking assoc+ation,
hereinafter called "Mortgugee" and its assi~ns~ tt~e premises and pro~erty therein
particularly described to seeure tt~e Payment of the sum of money hereinafte~
mentioned with interest thereon:
Mortgage given by t1LiTCHINSON ISI.AND LIMITED, 1NC., as
ylortgagor, in•favor of THC FIRST NATIONAL BANK OF CHICAGO, as Mortgagee,
dated Junc 2, 1980, and filed in Official Record f3ook 332, at Page 1703, in the
Public Records of St. I.ueie County, Florida, in the original amount of Twelve
M~llion Seven Hundred Thousand Dollars (312,700,OD0.00), together with an
Assignment of Leases, Rents and Profits recorded in Official Record Book 332, at
Page 1728, and Assignment of Seles Contracts recorded in Official Record Book
332, at Page 1?35, and UCC-1 Financing Statemert recorded in Official Record
Book 332, at Page 1721, all of said documents filed in the Public Records of St.
Lucie County, Florida, and e~ll of ~said documents recorded on June 5, 1980; and in
addition, a UCC-1 Financing Statement fited with the Secretary of Stete, State of
Florida, on June 16, 1980, under Fiie No. 1207244, bet:veen said perties; and
WFiEREAS, the said ~1ort~a~;e has requested the said ~1ort~~gee to
release the premises f~nd other property hereinafter described, being a part of said
~'.ortgnge, and encumbered premises. fror~~ thc lici~s anci operr~tion of said ~1ort~age
~nd other licns;
NOH', TIlI:REFO1tE, KNO~'-' Y f:, thet thc _ said '.tlartgngee, in
con~`deration oP thc premises nnc: the sum of Ten Uollar~ (310.00) Rnd other ~ood
and valuable considc~rations to it in hand peid by or on beti8lf o±' the said mortgagor
at the time of tt-e eXeeution hereof, the receipt whereof is i~ereby aclcnowledged,
does remise, release, quit-cl~im. eXOnerate, nnd discharge from the lien and
operation of st~id Nlortgage ~nd other liens referred to ~bove unto the said
hlortgagor, its successors and assigns that certain portion of the premises eonveyPd
6y said ~lortgage, and other liens referred to above more part~cularly c~es~ribed as
follows:
Condominium ilnit No. 7421, CATAt14ARAN 1l,
PH:'1SE D, a Condominium, accordin~ to the
Declaration of Condominium recor~ed July 15, 1980,
in Official Records Book 334, at Page 2451, of the
Public Records of St. Lucie County, Florida.
TO HAVE AND TO ~lOLD tt~e sr~me, with the appurtenances, unto the
said ~9ortgagor, its successors ~nd assigns f~rever, freed, exonerated and
discharged of and from the Iien of said A~Tortgage end every part thereof; pravided
always, nevertheless that nothing herein co,:'ained shall in anywise impair, alter or
diminish the effect, li'en or encumbrance of the aforesaid '1lortgage and other liens
~eferred to above on the remaining property cf seid mortgaged premises, ~ot
hereby released therefrom, or any of the ri~h!s and remedies of the holder the~eof.
1N N~ITNESS WHER~:OF, the said 1lortgagce ht~s here~~nto set its hand
and seal this ~ day of November, 1980.
Signed sesled and delivered THE PIltST NA'fInNA1~ RANK OF CHICAGO,
in the presence of: t~ n~tion~-1 bankin~ A~.soc:sltion
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2'j~oiic: 377-U241
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