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PARTIAI. RELF.ASF O!' :1~1(~R~rc~c;L i.IF.N
WHEREAS, HUTCIf1NSON ISLAND I.IMITF.D, 1NC., e Delaware
corporation authorized to transact business in the State of FloridA, hereinafter
called "Moctgagor," by the following described documents grunted and conveyed
unto THE FIRST NATIONAL BANK OF C{11CAG0, a national banking association,
hereinafter called "Mortgagee" and its essigns, the premises and property therein
particularly described to sec:ure the payment c~f the sum of money hereinafter
mentioned with interest thereon:
141ortgage given by= HUTCIl1NSON ISLAND I,IPVfITED, INC., as
;~tortgagor, in favor of THE FIRST NATIONAL 13~NK OF CH[CAGO, as Mortgagee,
dated June 2, 1980, and filed in Offici~l Record Rook 332, at Page 1703, in the
Public Records of St. Lucie County, Florida, in the original ~mount of Twelve
141illion Seven Iiundred Thausand Dollars (a12,700,000.00), together with an
Assignment of Leases, Rents and Profits recorded in Official Record Book 332, at
Page 1728, and Assignment of Sales Contracts recorded in Offieial Record Book
332, at Page 1735, and UCC-1 Financing Statement record~d i;~ Official Record
Book 332, at Page 1721, all of sAid doci~ments filed in the Public Reeords of St.
Lucie County, FloridA, und all of said documents recorded ~n June 5, 1980; and in
nddition, a UCC-1 Financing Statement filed ~vith the Secretary of State, St~te of
Florida, on June 16, 1980, under File No. 1207244, bet~v~en saicl parties;~ and
WH-:REAS, t}:e said i~~lortgage has requested thc said ;1~tortgegee to
rele~se the prc mises and other property herein~fter cieseribed, being a part of said
Mortgage, and encumbered premises, from the liens and operation of said illort~uge
and other liens; _
NOW, THEREFORF, KN01V YE, that the . said '.Nortgag~e, in
consideration of the premises and the sum of Ten Dollars (~10.00) and other 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 acknowledged,
does remise, release, quit-cl~im, exonerate, and discharge from the lien and
operation of said b9ortgaae and other liens referreci to above unto tt~e said
1Nortgagor, its successors and assigns that certein portion of the premises conveyed
by said tilortgage, and other liens referred to above more particularly described as
follows:
Condominium ~lnit No. 7431, CATAA9ARAN Il,
PHASE D, ~ Condominium, according to the
Declaration of Condominium recorded July 15, 1980,
in Official Records Book 334, at PagF 2451, of tlie
Public Records of S;. Lucie County, Florid~.
TO i~AYE AND TO iiOLn the same, with the appurtenfinces, unto the
said 1lortgagor, its successors t~nd assigns forever, freed, exonerated and
:lischarged of and from ~he lien of said 1~lortgage and evecy part thereof; provided
always, neyertheless that nothing herein contAined shall in Rnywise impair, ulter or
diminish the effeet, lfen or encumbrancE of the ~foresaid ;t'ort~age and other liens
referred to above or. the rer~aining propert~~ of snid mortgaged premises~ not
hereby released therefrom, or any of th~ rigiits and remedies of the holder thereof.
IN 1YITNESS WHEREOF, the said '~'•~: tgagee has here~nto set its hand
and se~l tl:is ] 3 day of November, 1980.
Sibned scaled and delivered THF•. FIRST Nr~TIONAL RANti OF CEIICAGO,
in the presence of: a n~tional bnnkin~ ~ssocit~tion
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Attest:
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lil?;•~i:6~;'H .1. ~ti'i:iL
:'I.f)1'll !'I::ST;~i)~ ti'1':~:1'~AR1' I:I('IihiAN
(:I::•:i:;~ & :1'i•:lL. I'.A.
'l'~s~•nh•-t'iiti~ I~ Icor
Onc I'.';:•~:lvttc• 'Tr~~rc•r
bli:+ini, l~i~~rida 33131
Yi;onc: 377-U`l41
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