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51'7992
PARTI~II. REI.EAS}: OF \tOR'I'GAG1's L[I::v
WHERFAS, HU'1'CHINSUN ISLANn I.l~i1TEU, [NC.; a llelawttre
cot~por~tion uuthocized to trnnsact bu~ines., in tl~e State of Florida, hereinafter
c~illed "\lortgagor," by the follotiving d~~scrihed documents granted and convcyed
unto T1iE FIRS'I' NATION:11. BA\ti O!~ L~il('aGO, ri nation[~l b:inkinn associt-tian,
hereinxfter called "l~~fort~a~;ec" i~nd its ~:~~~i:*,ns, the ,~cemi:c:s cind properly thcrcin
particularly describc~d to ~e~~ure ttle ~.~ym~•nt ~f thc su~:~ of money hereintifter
mentioned with inteeest thereon:
:~lortguge given by !llJ7'CflIil~Oh lSI.:~NI_) Ll'.til'i'f:!) P:1K"I'NI.RS(~tP. as
;4tortg~gor, in fuvor of 'CHL•' F1RS'!' N:~TI~)~AI. l3:1NK OI' ClIiCACan, as ,llortgugee,.
dated December -#, 1978, and filecl in OfPicint it~cord Qook 2~9, at Puge 991, in the
Public Records of St. Lucie County, Flori~la, in tl~e ori~;inal amount of 'I'welve
1~lillion Dotlars ($12,Q00,000.00}, ~nd r~~ rnoc~ified by 1lcdifict~tion of ;Irlortgage
dated June 2, 1980, and recordcd in Offirinl itP~n~•rIc Hnnk 3:t2 ,~t P~~~ 173R ~f the
Public Records of St. Lucie County, Florid~, wherein IiUTCNINSON ISL:IND
I.I~~IITEll, IvC. assumed the indet~tedness secured by said ~tortgage, and increased
the indebtedness to the princip~l sum of 7'hirteen Million Dollars (~13,000,000.00),
together with An Assignment of Leases, Rents and Profits recorded in Official
Record Book 299, at Page 1002, and UGC-1 Financing Statement rECOrded in
Official Record i3ook 299, at Page 1A08, ~11 of said documents filed in the Public
Records of St. Lueie County, Clorida~ and in addition, a UCC-1 Fine~ncing
Statement filed with the Secrettzry of State, State of Florid~, on December 7,
1978, under File No. 966909, hetween said p~rties; and
iiiicic~y~, ii~~ suiu °.iu~i~a~e i~as reyuesieci ine saia ~riorig~gee ~o
release the ~remises and other property hereinafter des^ribed, being a part of said
~'lortgage, ~nd encumbered prem:ses, f~om the liens ~nd operation of said 19ortgage
and othe* liens;
N01V, 1'HEREFORE, fiNt~~ti' I'E,
tion vf the premises and the sum of Ten
valuable considerations to it in i~and paid ~;
the time of the execution hereof, the rec•cip~
remise, release, quit-clai~~, exoner}ite, r~nd
of said :lortgage end other liens ;.~,''er;ec;
tr~ftc tne ~id ~iortgagee, in eonsidert~-
1)oliars ~510.00) and other good and
o-• on behalf uf the said mortgagar at
Khereof is hcreby acknowledged, does
discharge fron- tl~e li~n and operation
o:+t~ove untc. tt-~~ said ~iortgngor, its
succeuors and z,:sions thai cf~rtai~z p~~rtior c;f th~ prer;~i.;n~ conve}~ed b}~ said
:1lortgt~ge, nnd otlier liens rcf~~rrcc3 ::~ ri5ove r,i-:; ~~.~~~~•tic.~lar~'_: cies^_ribc~ t~s follo~vs:
Condominiurn Pr~rc~~l Iv~~. t,372 _, Sf:_~SI;Ai't:~ I
CI.L?STI:R - PH:1S}: (i'1, e ~'O[1(1C1:~1lIli~+C:• according
to the Decta~.~tio~~ of C'~n~~:ni~~i~~m rccorded
September 1i, 19~c.1~ ir. Uffi~~i.,i li.~~cor'~ Bo~~k 338,
at °age 1033, of t~e l~~.th~ic [:c~•~; ~is t~: St. I.uc:e
County, Florida, find any arnendn;ec:ts t~lereta.
7'O N~VF. AND TO HOLU the s~me, with the ~~purtenunc~~s, unLo the
said ~9ortgrigor, its successors nnd r~ssigns forever, freed, exon ~rated and
dischargzd of and from the lien of sxid ~lortgage t~nd every pHrt thereof; provided
always, nevertheless thut nothing herein contained stiall in a>>ywise impair, alter er
diminish ihe effect, lien or encumbrance of the afore;aid liortg~ge anc? other liens
referred to above on the remr~ining Qropert~J of u~ia mortgaged pr~~mises, not
hereby released therefrom, or an~: of the rights und remedies of the holder thereof.
IN WITNESS WfiF.REnF~, the seid :~Iortga~ee 1-as hereunta ~et its hand
and seal this lp dAy of February, 198I.
Signed sealed and deliverecl "i':I i: i~ [ Rsr ti t~~r~o ~ AL BA h K O F CHIC AGO,
in the presence of: it nntional banking ass~~ciation
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p~Q~ D I'i~.:1~t~ON b"I'H;LVA1:1' RICH~~tAN
(;1tT:L•'R & ~~`I.1L, P.A.
"~~ 'fwenty-Fifth floc,r
,~~ One I;is~:ayne 'I'otcer
~ ~ ° ' I~1it~mi, rlorida .',3131
~ ~ % Phone:3??-0241
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Attest: ----- ~ ~ Y7L
~~A OFFICER
BLnK 349 PQ~F 805
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