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PARTlAL RFI,F.ASF (1F l~10NTGArF 1.ICN
WHERFAS, HUTCNInSON ISLANn I,1'~1[TI:D~ INC., a Delaware
corporation au~horized !o tcansact business in tl~e State of Florida, i~ereinsfter
cr~lled "iVlortgagor," by the following described clocume-:ts ~ranted and convcyed
unto THF. T[RST NATIONAL BANK OF CIfICAGO, a netional bRnking association,
hereinafter called "1~1ort~agee" and its assi~;ns, the premises and property therein
particularly desecibed to secure th~ payment of the sum of money herein~fter
meniioned with interest thereon:
Mortgage given by IiUTClIINSON ISI.ANI) LIMITED, INC., as
~7ortgagor, in favor of THE FIItST NATIONAI. BANK OF CHICAGO, as Mortgagee,
dated June 2, 1980, and filed in Officiel Record Iiook 332, at Page 1703, in the
Public Records of St. Lucie County, Florida, in the original amount of Twelve
MiUion Seven Hundred Thousand Dollars (512,700,000.00), together with an
Assignment of Leases,~ Rents and Profits recorded in Officiul Record Book 332, at
Page 1728, and Assignment of Sales Contracts recorded in Official Record dook
332, at Page 1735, and UCC-1 Financing Statement recorded in Official Recocd
Book 332, at Page 1721, all of said documents filed in the Public 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 Secretary of State, State of
Florida, on June 16, 1980, under File No. 1207244, between said parties; and
N'HERF.AS, the said ':Mortgage has requested the said Mortgagee to
releRSe the premises and other property hereinafter described, being a part oi said
Mortgage, and encumbered premises, from the liens and operation of said A~iortgage
and other liens;
NOi~', T~IERF.FORE, KNOI~' YE, that the . said Dtort~agee, in
consideration of the premises and the sum of Ten Dollr~~s ($10.00) and othe~ good
and valu~-ble considerations to it in hand paid bv or or~ beht~lf ~f the said mortga~or
at the time of the execution hereof, the recei~t whcrc~of is hcreby acknrwledged,
does remise, relea~~e, quit-claim, exonerate, end dis~harge from the lien and
operat~ion of s~id hfortgage and other liens referred tn ~bove unto the said
Mortgagor, its successors and ~ssigns that certr~in portion of the premises conveyed
by said ti9ortgr~ge, nnd other liens referred to above more pariicularly descri'~ed as
follows:
Condominium ~7nit No. 7414, CATA1~]:1RAN il,
PfiASE n, a Condominium, according to the
Declaration of Condominium recorded July 15, 1980,
in Official Records Book 334, at Puge _ 245t, of the
Publie Recoras of St. Lueie Co~mty, Floridn.
TO HAVE AND TO NOLD the same, tivith the appurtenances, unto the
said tilortgagor, its successors and assigns forever. freed, exonerated and
discharged of and from the lien of said Mortgage and every part thereof; provided
always, nevertheless that nothing herein contained shall in anywise impair, alter or
diminish the effect, lYen or encumbrance of the aforesaid ~iortgage and other liens
referred to above on the remaining prope~ty of said mortgaged premises. not
hereby released therefrom, or any of the rights and remedies of the holder thereof.
IN N'ITNESS WHEREOF, the said Mort~egee has hereunto set its hand
and seal this 14 day of November, 1980. '
Signed sealed and delivered THF. FIRST NATInNAL BANK OI~_ CE~ICAGO,
in the presence of: a national bankint~ acsocir~tion
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Attest: {~~t~~
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'1'~•.,•nt~~-Fiith I•~'uor
Onc I;i cavi:r '1',,~c~r
h9i:~~~u, Flo~ i~l:~ :33 ~31 -
Phone: 377-U'~•11
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