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HomeMy WebLinkAbout0672~ ~ ai `~~'~~~ 51.~512 PARTIAL RFLEASE OF ~IORTGAGC 1.IEN R'I~EREAS, HU'fCHINSON ISLAND LIA'll'I'CD, INC., a Delaware cocporation authorized to transact busines~ in the State of Florida, hereinafter called "Mortgagor," by the following deseribed documents gcanted and conveyed unto TNB FIRST NATIONAL BANK OF CIiiCAGO, a nnlional bankin~ association, hereinafter called "1~lortgagee" and its assigns, the prernises and peopecty therein particularly described to secure the payment of the sum of rnoncy hcreinafter mentioned with interest •thereon: - ~1ortgage given by HUTCIIINSON ISLAND I.t1~11TED PARTNERSHIP, as Mortgagor, in favor of THE FIRST NATIONAL BANK OF CHICAGO, as -hlortgagee, dated Uecember 4, 1978, and filed in Official Record Book 299, at Pnge 991, in the Public Necords of St. Lucie County, Florida, in the originAl r~mount of Twelve Million_ [~ollt~rs ($12,000,000.00), and ns modified by ?~lodifieetion- of- ~'loctgage dated June 2, 1980, and recorded in Offici~l Records E3ook 332.at : age 1738 of the Public Records of St. Lucie County, Florida, wherein HUTCHINSON ISLAND 1.I1~IITED, INC. assumed the indebtedness secured by s~id lrlortga~e, and increased ttle indebtedness to the pri~ticipal sum of Thirtcen ;~lillion Doll~rs (~13,000,000.00), together with an _1~.5ignment of Leases, Rents and Profits rccorded in Official Reeord I3ook 299, nt I':ige 1002, arid UCC-1 Financing Statemer.t recocded in Officittl Hecord Book 299, at Pr~ge 1008, all ~~i said documents filed in the Public Records of St. Gucie C'ounty, l~lorida, tind in ~zd~lition, n L'CG1 Finanein~ Statement filed wit'~ ihe Secretury of Str~te, Strite o[ :'loric!~, on December ?, 1978, under File No. 966909, betwecn sai~ parties; and 1~r'HEREAS, the said 'tSortonge ht~s requested the s~id 1lorigugee to release the premises and other property hereint~fter described, being a part of said ~lortgage, and encumbered Qremises, from the liens and operation of said ~iortgege ~nd other liens; ~~ NOW, THE:REFORG, KNOW YI:, thnt the sriid 1~lortgngee, in consiueru- tion of the premises and the sum of Ten Dollurs (~10.00) t~nd other good anc' vnluable consid~rations to it in hand paid by or on behulf of the sr~id mortgagor at the time of the execution hereof, the ceceipt whereof is hereby acknowledged, does remise, release, quit-claim, exonerate, and discharge from the lien and oper~tion of s~tid 17ortgage and other liens referred to ~bove unto the said AIortgagor, its successors and assigns that certt~in portion of the premises conveyed bti- said J~lortgage, and other liens refe~red to above more particularly described as fo~loY~s: Condo~ninium Pnrcel No. t,g6~, SEASCAI'E I CLUSTER - PHt1SE (li;, u Conc~o~nininm, according to the Declaration of Condominium recorded September 11, 1980, in Officis~l Necords Book 338, at Page 1033, of the Public Recorcis of St. (.ucie County, Florida, end any amendments there*.o. 'TO }IAVF. ~i~D TO HOLD the s~imc, with the r~p~urtenances, unto the said 1~~lortgagor, its successors an~ assigns forever, rreed, exonerateci and dischnrged of and from the lien oi ~id 11ortgn~e and every part ~her~of; pcovi~'ed always, nevertheless ttlat nothing herein cor~tained shall in an~~:wise i::;pair, niter or diminish the effect, Iien or encumbrance of tf~e nfore~id '11ort~nQe ~~nd other liens referred to ~bove on the remuining property of said mortguged premises, not hereby released therefrorn, or any~ of thc rights and remedies of thc halder theceof. IN 1VITNESS 1VElE1~EOF, the s~id A1ort~~i~ce has hereimto set its han~ and seal this ~ day of November, 1980. Signed sealed and delivered TttE FIRST N~TiONAL RANK OF CIIICAGO, in the presence of: a nat'sonal bHnking associ~ti~n ~ , ~ ~ • ~ yLQ.~- ~~.' ~ o-~ ~ _ ~t ' ~: .~c _ J~ Z'=;i•; ~n-•intrr.;• ., F~r. • ..~~tl by: K(:ti`:T•:'I'ei .1. t~'{;IL ' FLOYI~ 1'1:.1';~'.1?.; ~"i'i:1".1:t'I' ltICEi1tAN (~r~ :~:!: ,. ~'.. ' ~ ~: t L. 1'.:1. '1~~... +~ -I'itt;i i~in~;. C)n~~ Iiis ,_aynr 7~u•:.c,* b1i:~mi, Ptc~:i~i:i :i31'31 Pho~ic: 3r i-U`_:21 Qy ~~-% ~~ _ ? N-- ~4~_~ n ~ L - t ~ •~ .-~~~--~:~~ ' r ~~ ~ / Attest: ,.~ ,_ -~ ( r,-"~ . _.~,~~_. . ~. ~- r2`--, - i~~- G~LZ B~~K-,4~ PdGE U69 ., , - ' ~~ - . _ _. . ~ _ . . ._ ~ _ . _ , r_____.~;.._ - . _ . .