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HomeMy WebLinkAbout2727/8~~/ ~'~9 513958 PARTIAL REI.F•.ASF. OF 11(~1~TGArF I.II:N WHEREAS, HUTC111NSON ISLAND LIMITFn, 'NC., A Delawa~e corporation authorized to transact business in the State of Florida, herei~after called "Mortgagor," by the followin~ deseribed documents ~r~nted end eonveyed unto TNE FIRST NATIONAL BANK GC C1~[CACO, ~ nationat banking associat~on, hereinafter called "Mortgagee" and its atsigns, the premises and property therein pa~ticulsrly desc~ibed to secu~e . ihe pRyr~ent of the sum of money hereinafter mentioned with interest thereon: Dlortgage given by ~IUTCtIINSON IS1.ANn LI~IITED, ING., us 1]ortgagor, in favor of_THF. FIRS'~ NATIONAL BANK OF CHICAGO, as Alortgagee, dated June 2, 1980, and filgd in Of''icial Record Book 332, at Page 1703, in the Public ltecords of St. Lucie County, Florida, in the original amount of Twelve Million Seven Hundred Thousand Dollars (512,70Q,OOO.UO), together with an Assignment of Leases, Renis and Profits recorded in Offi~~~l Reeord Book 332, at Page 1728, and Assignment of Sales Contracts recorded in Official Record Book 332, at PAge 1735, and UCC-1 Financing Statement recorded in Official Record Book 332, at Page 1721, all of said doeuments filed in the P~~blic Records of St. Lucie County, Florida, and all of said documents recorded on June 5, 1980; and in addition, a UCC-1 Financing Statement filed with the Secretf,rv of State, Siate of Florida, on June 16; 1980, undcr File No. 1'10i244, betwecr. ~aici parties; t~nd 1YNEItF.AS, the s~id '~1ortg~ge has requ~sted ilze said ltortgagee to release the premis~ and ~ther propert~~ herei~:after descrihed. being a part of said Mortgage, and encwnbered ~remisc.., from the liens and onerution o.` said "~9ortgage and other liens; VOW, THL•'REFORE, KNON' YE, tht~t the . said iVtortgag4e, in consideration of the premises and the sum of Ten Doilars ~($'. 0.00? rtnd other good and valuable eonsiderations to it in hand paid by or on behRlf of thr said mortgagor at the time of the executivn hereof,.the re~cipt whereof is hereby acknowledged, does remise, release, quit-claim, exonerate, ~tnd d;scharge from the lien and operation of suid A9ortgage and other liens referred to above unto the said llortgagoc, its successors and assign~ that certain portion of the premises eonveyed by said tilortgage, and other liens referred to ebo~: e more particularly described as follows: Condominium ~Jnit No. 7432, CATA!~tr1RAI~ A, PHASE T), a Condominium, according to the Declaration of Condominium recorded July 15, 1980, in Official fteeords Book 334, at Page 2451, of the Public Records of St. Lucie County, Florida. TO HAVE AND TO HC~Ln the same, with the appurtennnces, unto ~the said ~tortgagor, its successors . and assigns forever, freed, exoncraied tind discharged of and from the lien of said 14iortga~e and every part thereof; provided r~lways, nevertheless that nothing herein eoiitnined sh~ll in aj~ywise impair, alter or diminish the effeet, lien or encumbrance of tt~c ~foresaid '~1ort~age and other liens referred to rbove on the remaining property ~f s~id mortga~e~ premi ;es, not hereby released therefrom, or eny of the ri~hts and remedies of the holder there~f. IN- I-~i} TNESS N'HF.REOP, ti,? sr~id liort~~gec hn~ hereunto set its hnnd and seal this J~ dav of November, 1980. ~'7~ _ Si~ned se3led and delivc°ed Tf#1' FINS'I' NA'rlnVAi, i3AI~''~ ni~ CHICA(' l, in the presenee of: r~ n~tic~n~l ht~nkin~ *~ss~ciation _ ~ r ~'~_1'~~~':E~.~ ~ l ' _ _ ,~V Attest: . .~ . . . . ... . .. . . . ~;y: ~.. 1:1..,. .~ . .i i i .1. ~': ~ : I I. `~I.O1't) i~t'.:lf~:;~:~ti :;'l::~Y:1l~'1~ ltIC11r•fAN , ('!i~~:i~:i: 5: ~':l~:!!.. I'.r1. -~- 7'r:c~n1`--l~ifti~ F!cot ' Un~ l:;s~:rvrc '1'u~~:er 1~4iairii, 1~'lo~i~.-i :3131 Phcnc: :377-UZ~11 ~~-y~.~Q c~ " .~ . ~~C~.-~--~ l,•' ~ Q, L.-,,~ i ' ~i~~'/l L~ Ass9! v~cE Prua+c~Nr' • BOUK346 PACF~~~ ~~ r ~ s ~ € ~