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Home My WebLink About1551- ~ 513256 1~ WHEREAS, 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 ~nd doing business as ISLAND PARTNERS JOINT VENTURE, a Joint Venture,.Mortqagors, 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 Off icial 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 WIiEREAS, 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 Mortqage: . NOW, THEREFORE: KNOW 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 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, at the time of the execution hereof, the receipt whereof is hereby acknowledged, does remise, release, quit-claim, exonerate and discharge from the lien and operation of said Mortgage~unto 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, tlieir heirs and assigns all that piece, parcel or tract of land being a part of the premises conveyed by said Mortgage, to-wit: That certain condominium parcel composed of Apartment Number 305 , and an undivided ahare in those common elements appurtenant thereto, in acccordance with and subject to the covenants, conditions, restrictions, terms, and other provisions of that Declaration of Condominium of ISLAIvD BEACH CLUB, a Condominium, as recorded in Official Records Book 343 , on pages ~ 732 through 800 , as recorded in the public records of Saint Lucie County, Florida. •. TO HAVE AND TO HOLD the same, witb the appurtenances, unto 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 JOItJT VENTURE, their heirs and assigns ~~~~ p~~1547 ~ -=~~ ~~ ~;.:~ ~ , . 1~ _ ~.~+ ~i'_.:: - .