HomeMy WebLinkAbout14865i3214 'i ~
WtiEREAS, ISLAND PARTNERS, INC., a Florida corporation,
individually and doing business as ISLAND PARTNERS JOINT
VENTURE, a Joint Venture, and HUTCNINSON ISLAND PROPERTIES,
INC., a F].orida corporation, individually and doing busine~s
as ISLAND PARTNERS~JOINT VENTURE, a Joint Venture, Mortgagors,
by indenture of Mortgage bearing date the 27th day of August,
1980, and recorded in the Office of the Clerk of the Circuit
Court in and for the County of Saint Lucie, State of Florida,
in Official Records Book 337 at page 1836, mortg~ged unto
MANUFACTURERS HANOVER MORTGAGE CORPORATION
and assigns, Mortgagee, the premises therein particularly .
described to secure the payment of the sum of ~
Three Million Three Hundred Thousand Dollars -
($3,30Q,000.00), with interest as therein mentioned:
AND WHEREAS, the said ISLAND PARTNERS, INC., a Florida
corporation, individually and doing business as ISLAND PARTNERS
JOINT VENTURE, a Joint Venture, and HUTCHINSON ISLAND PROPERZ`IES,
iNC., a Florida corporation, individually and doing business
as ISLAND PARTNERS JOINT VENTURE, a Joint Venture, have requested
the said
MANUFACTURERS HANOVER MORTGAGE CORPORATION
to release the premises hereinafter described, being part of
said mortgaged premises, from the lien and operation of said
Mortgage: _
NOW, THEREFORE: KNOW YE, That the said
MI~tiUFACTURERS HANOVER MORTGAGE CORPORATION
as well in consideration of the premisc-s as of the swn of
to it paid by the said ISLAND PARThERS, INC., a Florida
~corporation, individually and doing business as ISLAND PARTNERS
JOINT VENTURE, a Joint Venture, and HUTCHINSON ISLAND PROPERTIES,
ItvC., a Florida corporation, ir.cividually and doing business
as ISI,r,ND PhRT\E-;RS JOINT VENTUP.~, a Joint Venture, at the -
ti~~e of the execution hereof, the receipt whereof is hereby
acknowledged, does remise, release, euit-cla~m, exonerate
and discharge from.the lien and operation of said Mortgage unto
the said ISLAND PARTtsERS, INC., a Florida corporation,
individually and doing business as I_SL:~ :D PARTI~ERS JOINT
V~';`1''(;RE, a Joint Venture, and Fii:TCHIt~SO~I ISLAND PROPERTIES,
I::C., a Flori~a co~poration, individually and doing business
as ISLI~ND PAR`i'~ERS JOINT VENTURE, a Joint Venture, their
heirs and assigns all that piece, parcel or tract of land
:~ing a part of the premises conveyed by said I~'ortgage, to-wit:
Tnat certain condominium parcel composed of Apartment
?7umber 308 , and an undivided share in those common
elements appurtenant thereto, in acccordance with and
subject to the covenants, conditions, restrictions,
terms, ~nd other provisions of tt,at Declaration of
Condominium of ISLAivD BLACH CLUB, a Condominium, as
recorded in Official Records IIook 343
~32 throu h 800 , on pages
g , as recorded in the public
r~cords of Saint Lucie County, Florida.
TO I~AVE AtiD TO HOLD the sar.e, with the appurtenances, unto
the said ISLAND PARTNERS, INC., a Florida corporationy
individually and doing business as ISLA~3D PARTNERS JOINT
VENTURE, a Joint Venture, and HUTCHI~:SON ISLA~yD PROPERT'iES,
INC., a Florida corporation, individually and doing business
as ISLAND PARTNERS JOItiT VENT~RE, their heirs and assigns
~3~6 p~Ei482
j i~
- - - _, _ _ ~
~~ ,~ ~-