HomeMy WebLinkAbout1495513220 ~ ~
WHEREAS, ISLAtaD PARTNERS, INC., a Florida corporation,
individually and doing business as ISLAND PARTNERS JOINT
VENTURE, a Joint Venture, and HUTCHINSON ISLAND PROPERTIES,
INC., a Florida corporation, individually and doing business
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 Off ice 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, mortgaged 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
($3,300,000.00), 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 PROPERTIES,
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: KNO~ti' YE, That the said
MANUFACTURERS HANOVER MORTGAGE CORPORATION
as well in consideration of the premises as of the sum of
to it paid by the-said ISL~VD P~R^NERS, INC., a Florida
corporation, individually and doing business as ISLAND PARTNERS
JOIi1T VENTURE, a Joint Vznture, a~d HUTCtiItiSON ISLAND PROPF.RTIES,
It~C., a Florida corporation, incividually and doing bi~siness
as ISLF,ND PARTNERS JOINT V~'vTURE, a Joint Venture, at the .
tir~e of the execution herEOi, tr.e receiot whereof is hereby
acfnowledged, does remise, release, quit-claim, exonerate
~3nd discharge from the lien and caeration of said Mortgage unto
the said ISLI~ND PAR~'::: RS, I':C. , a Florida corporation,
inaividually ~3nd doir.g busi~ess as ISI,h`:D PARTtiERS JOINT
~'%':'iliRE, a Joint Venture, a~d HLiCHI!~501' ISLAND PROPERTIES,
I;~C., a Florida cor~oration, incividually and doing business
as ISLI~ND PARTNERS JOINT Vr':TURE, a J.oint Venture, their
heirs and assigns all that piece, parcel or tract of land
being a part of the premises cor•i~yed by said rlortgage, to-wit:
That ~ertain condorr~inium parcel conposed of Apartment
Nurnber 204 , and an undivided share in those corunon
eiements appurtenant thereto, in acccordance with and
subject to the coven~r.ts, conditions, restrictions,
terms, and other provisions of that Declaration of
Condominium of ISLAt~D HEACI: -CLUB, a Condominium, as
recorded in Official Records Book 3~+3 , on pages
~32 through 800 , as recorded in the public
records of Saint Lucie County, Florida.
TO HAVE AND TO-HOLO the sar.s, with the appurtenances, unto
the said ISLA;~ID PARTNERS, INC., a Florida corporation,
individually and doing business as ISLAND PARTNERS JOINT
VE::TURE, a Joint Venture, and HIJTCHINSON ISLAND PROPERTIES,
INC., a F'lorida corporation, individually and doing business
as ISLAND PARTNERS JOZt+T VEIvTURE, their heirs and assigns
$~346 P~E1491
~ ~ - -~~=;~,,. -~