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Home My WebLink About08791801505 CM 516426 PAR'1'lA[. R(:LGASG OF ~IOIt'I'rAGG LlEN WHCREAS, ~IUTCHINSON ISLAND LI?~iITED, 1NC., a Delaware coeporation authorized to transact business in the St~tc of Florida, hereinafter called "Mortgagor," by the following described documents granted and conveyed unto THE FIRST NATIONAL EiANK OF CH[CAGO, a nntional bi~nking association, hereine~ftcr culled "~Vlortgagee" and its assigns, tt~e premises c~nd property therein particularly described to secure the payment of the stim of money hercinafter mentioned with inteeest thereon: 111ortgage given by HUTCHINSON ISLAND LIMITED PARTNERSHIP, as Mortgagor, in favor of THE F1RST NATIONAL BANK OF CHICAGO, as Mortgagee, dated December 4, 1978, and filed in Official Record Book 229, at Page 991, in thc Public Records of St. Lucie County, Florida, in the original amount of Twelve Million Dollars (512,000,000.00), and as modified by Modification of Mortgage dated Junr, 2, 1980, and recorded in Offici~l Records Book 332 at PAge 1738 of the Public Records of St. Lucie County, Florida, wherein HUTCHINSON ISLAND LIlvi[TED, INC, assumed the indebtedness seeured by snid Mortgage, and increased the indebtedness to the principal sum of Thirteen Million Dollars (s13,000,000.00), together with an Assignment of Leases, Rents and Profits recorded in Official Recocd Dook 229, at P~ge 1002, t~nd UCC-1 Financing Stutement recocded in Official Record Book 229, at "Page 1008, ~11 of said d~cuments filed in the Public Records of St. Lucie County, Florida, und in uddition, a UCC-1 Financing Statement filec~ with the SecretAry of St~tte, Stnte of FloridH, on December ?, 19?8, under File ha. 9G6909, between s:~id parties; and WHEREAS, ihe s,lid l~lo~t~agc has requested lhe said ~lortgagee to release the premises and othcr property hereir~r~ftcr c;escribed, being a pect of said 1~~ortgage, and encumbered premises, from the ticns and operation of said 1iortgage and other liens; - NOSY, THEREFORC, KhOSV YE, that the s~id ~lortgr~gee, in considera- tion of the pcemises and the sum of Ten Uollars (S10.00) and other good and valuable considerations to it in hund paid by or on behalf of fhe'said mortgagor at the time of the e!cecution hereof, the receipt whereof is he~eby acknowledged, does remise, release, quit-claim, exonerste, and discharge from the Lien and oQeration of said i~iortgage and other liens referred to above unto ~ the said 1~iortgugor, its successors and ~ssigns that certnin p~rtion of the premises conveyed by said Mortgage, and other liens referred to above more particularly described as'follows: Condominium Parcel No. 429~ SEASCAPE 1 CLUSTI:R - PHASE (f3), a Condominium, according to the Deelaration of Condominium rccorded September 11, 1980, in Of[icial Records Book 338, at 1'age 1fl33, of the Public Records of St. Lucie . County, Florida, and any amendments thereto. TO H:'~YE AND TO HOLD the same, with the appurtenances, unto~the said 1~°lortgagor, its successors and assigns forever, freed, exonecated and discharged of and from the lien of said ~'lortg~ge and every part thereof; provided always, nevertheless that nothing herein contained shrill in anywise impair, aiter or diniinish the effect, lien or er~cumbrance of ~i~e ~foresa:id M1'Iortgt~ge and otfier Lens referred to above on tt~e r~mrzining property of said rnortgaged nrerni ~es, not hereby rclessed therefrom, or any of the righL~ and ~emedies oi the holder tttereof. IN WI'TVESS tVHl:1tEOF, tiie said ~~tort~;ngee hF~s t'ii'CCUI:to ~et ~t~ h~nd and seal this 13 day of November. 1~80. Signed sealed and delivered in the prese~cc of: ~ • G~~ ~f~(= ~ ~~_~-,~-~.~ ~ This i~~stn~:nc•:~t prcj~:~r~~d hy: K1~.\T`I:"i'E[ .I. WI;iL I~LOYD I'1;Afi:?tl\ S"1`l;~ti'ANT RICH~r1AN i;Ii;?l~:l: S~ ~; F:IL, P.A. 'I'v•er.tY-i~ifih Tlcx~r On~ Ii.si ~}•nr 'I'o~cer Mi~mi, I~lorida 3~3131 ~rw.v: .9~ ~ -vJ/l I ~ ~ ~;~= t__ . .:.. -.. . ~ -. 'I'HL I~[RS'!' NA'1'IONAi. BANK OF CHICAGO, a national bankin~ ~ssociRtion ' r~y ~~~.~,~' '` • ~ ~,.~~ -c~~~~l 1/ =-~-c-- r ~.~,.;~;.~., ~ Attest: ~Z..-- ~/,~"~-~-`c.J' ~~ C1 . 1~~~' aooK348 Pav~ 8~ ~ , ~~ , _ __ : ~~:~