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Home My WebLink About26261801501 CM S15'~~s Pr1RT1Al. R~I.I:ASC OF \IORT~~e1GG l.IEN - .._ ~ 7~ WNEREAS, tlUTCNINSON ISLANn IJ~~tI'fEt~~ 1~t=., a Dela~vare corporution nuthorized to trr~nsuct busine~~ is~ 11~c 5tatc of l~ l~cida, i~ereinafter called "1lortgagor," by the folloN~ing described documents gr~nted and conveyed unto THE FIRST NATIUNAL BANK OC Ct1ICAG0, ~ national br~nking association, hereinafter called "~lortgagee" and its ussigns, thc prernises und property therein particularly descrii~ed to secure the payment of the sum of money- hereinafter mentioned with interest thereon: . ~4ortgage given by HUTCHINSON ISLAND LI~4ITED PAItTNERSHIP, as l~iortgagor, in fuvor of THE FIRST NATIONA~ Br1NK OF CHICAGO, as 1rlortgagee, dated December 4, 1978, and filed in Official Record Book 299, at Page 991, in the Public Recocds of St. Lucie County, Florida; in the original amount of Twelve Million Dollars (~12,000,000.00), and as modified by Modification of Mortgage dated June 2, 1980, and reeorded in Official Records Book 332 at Page 1738 of the Public Recocds of St. Lueie County, Florida, wherein HUTCHINSON ISLAND LIMITED, 1NC. assumed the indebtedness secuced by said Mortgage, and increased the indebtedness to the principtil sum of Thirteen Alillion Dollars (~'13,000,000.00), together with an Assignment of Leases, Rents and Pcofits ~reeorded i~ Official Reeocd Book 29~ at Page 1002, and UCC-1 Financing Statement recorded in Official Record Book 299 at Page 1008, all of said documents filed in the Public Records of St. Lucie County, Florida, and in addition, a UCC-1 Financing Statement [iled with the Secretary of State, State of Florida, on December ?, 1978, under File No. 966909, between said parties; and ~1r'HEREAS, the said i~iortgage has requested the said 1lortgagee to release the premises and ~ther property hereinafter describecl, being a part of stiid d~Iortgage, and encumbered premises, from the liens and operntion of said \+lortg~ige and other liens; . NON', THEREFORE, KNO~ti YE, that the said '4lortgagee, in considera- tion of the premises und the sum of Ten Uollars (S10.00) und other good and valuable considerations to it in hand paid by or on beh~if of the suid mortgagor at the time of the execution hereof, the receipt whereof is hereby acknowledged, docs remise, release, quit-claim, exonerate, and discharge from the lien and operation of said i~lortgage and other liens referred to above unto the said iNortgagor, its successors and assigns that certain portion of the premises conveyed by said ~lortgage. and other liens referred to above more pa~ticularly desecibed as follows: Condorninium Parcel No. 4~A4 , SEASCAI'E I CLUSTER - PHASE (t3), a Condominium, according to the Declaration of Condominium recorded September 11, 1980, in Official Records~ Book 338, at Page 1033, of the Public Records of St. Lucie County, ~lorida, and any amendments thereto. TO HAVE AND TO HOLD the same, with the appurtenances, unio the said 1lortgagor, its successors and assigns forever, freed, exonerate~ and discharged of and from the lien of said Vlortgage and every Qart theceof; provided always, nevertheless that nothing herein contained shall in anywise impair, alter or diminish the effect, lien or encumbrunce of the afores~id tlortgage anrl other liens referred to above on the remaining property of said mortgaged premises, not hereby released therefrom, or any of the rights and remedies o€ the halder thereof. IN ~VITNESS ~VHEREOF, the s~id tilortg~oee has hereunto set its hAnd and seal this 13 duy ~f Novemh~r, 19F0. Signed seuled und dclivered "CHE PIiZS7' NA'I'IOV~L B:1NK nl' CH1C~G0, in the presence of: a national banking associr~tion ~~~,~~ . 1 J Q. I.~~--~~~ - Ti~i; in-:irtuncr:t }~r.•p~rcd by: I<!s1 t t'."I'f 1.J. NI:I I. Fi.pYn ]'1~:.1;t:?t)N ~"i"t?tYAtt I' RICHbiAN (:it~:i;t: ~: ti:"i~.1L, P.A. 1'K'cnt~•-1'itth Fluor ~ O~e liis~ayn~ 'I'o~cer ~::.;~iii, iiuritiA 33131 Pnone: 37 i -0'l41 Ry ~<<-~.~ l . ~.~..zC~r~~ U ~-~-c~ P ~~ r..~ , -~ctesc: ~~,, (~ ~~~~ G ~-~-, ~~~~ t. 811~m(J~~ PdGE~,U~~ ~ ~ _ .~ : .. . : . -_ . . . _.~. 3 ~' ~~.~r.t ~"~ ~ ~~~~ ~~~y' ~ :`.~Ya"t~ re ~a~ Y ~--J..... -..~ _ .