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DA66Y O1-23085366
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1VIlGRG~~S, HU'I'CIl1NSON 1SLANU L1~11Tl.i), iN(;., a Dclawarc
corporation authorixed to tce~nse~ct business in the Stxte of I'lorida, hereinafter
called "Ylortgagor," ~by the following described docwments granted and conveyed
unto THL' F1RST NATIONAL BANK OE Cl11CAG0, n nationul banking association,
hereinafter called "~+lortgagee" and its i~uigns, the premises and property thercin
particularly described to secure the payment of the surn of money he~einafter
mentioned witli interest thereon:
Mortgage given by HUTCNINSON iSI.AND I.IMITL'D PARTNERS~i1P, as
~lortgagor, in favor of TtiE FIRST NATIONA~, BANK OF CHICAGO, as ;~lortgagee,
dated December 4, 1978, and filed in Official Record Book i~9, at Page 991, in the
Public Records of St. Lucie_ County, Floridn. in the original amount of Twelve
Niillion Dollars (s12,000,000.00), ~end as modified by ~iodification of Mortgage
dated June 2, 1980, und recorded in Official Records F3ook 332 at Page 1738 of the
Public Recocds oi St. Lucie County, Floridn, wl~erein HUTCHIMSON ISLANn
LI\ilTED, INC. assumed the indebtedness secured by said l~lortgage, and increased
the indebtedness to the principal sum of Ttiirteen 1~iillion Dollars (~13,000.000.00),
together ~vith an As.signment o[ Leases, Rents rend Profits recorded in Official
Record 13ook 299, at Puge 1002, and UCG1 rinancing St~tement recorded in
OfCicial Itecord [3ook 29~ at Page 1008, ell of SLiiG documents filed in the P~~blic
Records of St. Lucie County, F!ori~n. r~n~ in addition, a U('r-1 Financir~
Statement filed :vitlti the Secretury of State, ~t,ite of !'loridti, nn U~cembcr ~,
1978, unc:er ~ile \o. 9G6J09, betwcen sziid p;~rtics; t~r:d
~1r'HGRL'r1S, thc s:rid ~lortgage tza~ ~ ec~uestec] lhe stiid 1~Iort~Agee ic:
release the premises a:~d other pronertv hercinaftcr dcscribed, f)~~IIi~ a part of sc~id
ti.ortg~e, and encumbereci premise~, :rom the licn~ :ind operation o: s~iid ~loct~u~c
~~nd other liens; ,
NO~Y, Tf~ERE:FnHE, KNO~V YL', thai the said ~lortgagee, in considera-
tion of the p:emises and the sum of 'Cen I)ollars (510.00) and .~tl~er good and
valuable considerations to it in hand paid by or on behalf of the said mortgagor at
the time of the execution hereof, the receipt whereof is hereby ecknowledged, does
remise, rclease, quit-claim, exonerate, and discharge from the lien and oQeration
of said 1~Iortgage and other liens referred to ~bove unte the said 111ortgagor, its
successors and assigns that certain ~ortion of the premises conveyed by said
:9ortgage, and other liens referred to ab~ve morc pnrticularly described as follows:
~ondominium Parcel ho. q~21. SEASCAPE I
CLUSTER - PHASE (B), a Condominium, according
to the Ueclaration of • Condominium recorded
September 11, 1980, in Official }tecords Book .338,
at I'a~e 1033, of the Public Itecords of St. I,ucic
County, Florida, and any nmer:drnents thereto.
'~'O il:'1VE ANt) TU HOLU the same, with the r~p~urtenar~ces, unto the
said 1~lortgagor, its s~ecessors and assigns forevcr, free~l, exonerated ~nd
discharged of and from the lien of said 1~1ortgaoe and evcry pnrt thereof; provided
a1K~ays, nevertheless that nothing herc~in contais~ed ~t»11 in anywsse impair, alter or
~?iminish the effect, lien or encumbr~nce o( thc ~ifores=zid tilortga~~ ~~nd othcr liens
referred to ahove on the rem~ining ~roper:yo uf sr~id rnortgr~geci 4~remises, ~tot
hereby released therefrom, or t~ny of the right~ ,~nci rem~-!~es of ihe h~id~~r ttierc~f.
IN 1~ITNESS tiViIEREOF, the sHid :`.~ort~;,~;;ee h~~~ her~~:~t~ sc:t its tr:ind
and seal this 13 r~ay of Novernber, 1980.
Signed sealed ~nd delivered TEIE FIRST NA'1'l0'+=11. S3:1NK ~f~ Lttit: 1r~0,
in the presence of: a RiitIORAI bti(ln~~~g ~ssocia~tion
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