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PaRTIAL RELF.ASE OF tiIOR'TGAGE LIEN
wNERE~S, HUTCHINSON ISLAND LI~iiTED, INC., a Delaware
cac~ation autttocized to transact business in the State of Florida, liereinaftec
caLEed "ltoctga~oe'," by the following described documents granted and conveyed
unto THE FIRST N ATION AL BANK OF CHICAGO, e national banking association,
heceinafter caL'ed "`lortgagee" and its assigns, the premises and property therein
pariicularly c~escribed to secuce the payment of the sum of money hercinafter
:ner~tia--ed +Kith ir-tecest thereon:
~io~tgage aiven by HUTCNINSON 1S[.AND I.1\~i1TEU PARTNGRSHIP, as
;iort~~or, in favoc of THE rIRS': NATIONAL B~NK OF CHICAGO, as ivlortgagee,
aated Derember ~!, 1978, and filed in Official Record Book 229, at Page 991, in the
Pu~iic Recor~i af St. Ia-cie Cou~ty. FloriCa, in the orioinal amovnt of 1'welve
Stillian t7ollan (=1~,~E~~,OOO.OU), and ns modified by `.lo~ificntion of Mortgr~ge
~te~ Ju~e 2, 1980, sn~ recorde3 in nfficial Records Eiock 332 at Yage 1738 of the
P~Iic Rec~:ccs of St. Gucie Co~~nty, Flor;da, wherein HU'fCHINSON ISLAND
L~'~IITE~. I~IC. assumed the indet~tedness sec~ced by said '"ort~uge, and increased
the i~.debiedne~ to the pc~nciQxl s~rn of "Cnirteer. :~lillion Doll~~rs C~13,O0O,OOQ.00),
toget:zer wiL;~ an ~ssiSnment of Leases, Nents and Profits recorded 'en Officinl
Recac~ a:.ok ~29, at Page I002, and U~ G1 Financing Stat~ment recorded in
O~fici;~i R2cocd Book 229,. at Page 1008, all of said documents filed in the Public
P.ecar~ ~f St. Lueie Couniy, Florid~3, and in addition, ~ UCC-1 Finaneing
St~te;nent tiled with the Seeretary of State, State of Florida, on Deeember ?,
13: ~, ur~er File Yo. 906909, between saici parties; and .
ai H ERE ~, the ~id :~lortgxge has requested the said 1Iortgagee to
r~Iease the p:err.ises anc~ other property hereinnft~r described, beir~g a part of said
'.lor!~~e, ana encurr~bered premises, from the liens and operation of ~r~id liortgage
~:~ other liens-
~OtY, T'fiEREFORE, KNOW YE, that the st~id 1~lortgagee, in considera-
ti~-~ of the premi;es and the sum of Ten Dotlars (510.00) and other gaod and
valusb:e ccnsicierations Lo it in hand paid by or on behalf of the said mortgagor at
tfr?e tirne of the execution hereof, the receipt whereof ~s hereby acknowledged, does
re~-_ise, release, quit-claim, exonerate, and dis~harge from the lien and operation
oi said ~tortgage and other liens referred to above. unto the said Mortgagor, its
si:ecessocs ar-~ asi~ns th.at certain portion of the premises conveyed by said
'.t~,r~a?e, and athec Iiens :eferred to above more particularly described as follows:
Concominium Parcel vo. ~~?~ SEASCAPE I
CL(;STER - PH~SE (B), a Co~~ominii~m, acc~rding
to tite t7eclaratian of C<;~~o-nini~~m recocded
Seotemaer I1, IJ80, in Offici.~l Records t3ook 338,
~~ ?age 1033, of the Pu51ic ttecords of St. I:uciF~
e_ ,;:.-~tv. Florir~:, and ~nv ~~~er~ -:r.ent~ thereto.
Tn ii_~4~ ~-~D TO EiOLJ the s-~-ne, :v~ti~ ti!e ~+^~~~rte»r~nces. unto ti~e
~:c '.;::,: c~:=~~~c. :,~ s4cces~ors .:n~ auign= f~rever, freccl, c~co~ers~led and
~~;c:,;~r~ed o: -:n~ f:om the Len of sai~ ::iort~a~e and every ~art Lhereof; ~rovided
a~YSS~S, nevE: t:~~j~~s t!Zat nothing hereiri cant~tined shr~ll in an~ wise i rnpair, alter oc
~;_.:in:~'~ Ehe e;i2c:, lier or encum~rance of th~ aiores~;id ~iortga;e and other liens
refec: e~ :o axve on the remainino pro~erty of sai~ mo; tgaged premises, not
:snce:~z rel~~sed iY~e;efrorn, or an} of the ri~hts :ind renzedies of the holder thereof.
I` tITYESS ~tHEI:EOF, the said '.tortgaoee has rereunto set its hand
~-~~ ~al t:us ~ cay of Novembec, 1980.
S:~-r.ed sealed ~:~ deiivered
:n the presence of:
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THE F[RST N_1TION:11, E3ANK OF CH[CAGO,
e nationa! banking association'
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