HomeMy WebLinkAbout20941 g o-'f 9 S cY.,
S~"~~85
YARTIAL RELEASC OF MORTGAGG L1EN
WHEREAS, HUTCHINSON 1SI.AND LIMITED, INC., r~ Delaware
corporstion authorized to transact business in thc State of Floridn, hereinaftee
called "yiortgagor," by the following descrihed documents granted and conveyed
unto THE FIRST NATIONAI, BANK OF CHICAGO, a national b~nking association,
hereinafter called "1~Iortgagee" and its assigns, the premises and property therein
particulurly described to secure the payment of the sum of money hereinafter
mentioned with intecest thereon:
111ortgage given by HUTCHINSON ISGAND LIMITED PARTNERSHIP, us
Mortgagor, in favor of THE FIRST NATIONAL BANK OF CHICAGO, as Mortgagee,
dated December 4, 1978, and filed in Official Record Book 2 9~ at Pnge 992, in the
Public Records of St. Lucie County, Florid~, in the original amount of Twelve
Million Dollars (~12,000,000.00), and as modified by Modifieation of Mortgage
dated June 2, 1980, and recorded in Official Records Book 332 at Page 1738 of the
Public Records of St. Lucie County, Florida, wherein HUTCHINSON ISLAND
LIMITED, INC. assumed the indebtedness secured by said 1-'lortgage, and increased
the indebtedness to the principal sum of Thirteen Million Dollars (a13,000,000.00),
together with an Assignment of Leases, Re~ts and Profits recoeded in Official
Record Book 299, at Page 1002, ~nd UCC-1 Financing Statement recorded in
Official Record Book. 2 9~ at Page 1008, all of said documents filed in the Public
Records of St. Lucie County, Florida, and in addition, n UCC-1 Financing
Statement filed with the Secretary of State, State of Florida, on December 7,
1978, under File No. 966909, between said parties; and
~VHEREAS, the said ~iortgage has cequested the s~id Mortgagee to
release the premises and other property hereinr~fter described, being a Qart of said
1~lorigage, and encumbered Qremises, from the liens and ~~peration of said <<ortgege
and other liens;
NOtiY, 'I'fIEREFORE, KNO~i' Y~, that tt~e said 'Aortgagee, in considera-
tion of the premises and the sum of Ten Dollars (~10.00) and other good and
vAluable considerutions to it in hand paic~ by or on behalf of the said mortgagor at
the time of the execution hereof, the receipt whereof is hereby aeknowledged, does
remise, celease, quit-claim, exonerate, and discharge from the liEn and operation
of said ti~iortgage and other liens referred to above unto the suid 1~iortaagor, its
successors und us~igns that certain portion of the- premises conveyed by said
lriortgage, and other liens referred to above more particuiarly described as follows:
Condominium Parcel No. 4281, SEASCAPE I
CLUSTER - PfIASE (B), a Condominium, according
to the Declaration of Condominium recorded
September 11, 1980, in Official Records liook 338,
at Page 1033, of the Publie Records of St. Lucie
County, Florida, and any amendrnents thereto.
TO HAVE AND TO HOLD the same, with the appurtenanees, unto the
said ti9ortgagor, its successors and assigns forever, freed, exonerated and
discharged of and from the lien of said 14ortgage and every part thereof; provided
always, nevertheless that nothing herein contained shall in anywise impair, alter or
diminish the effect, lien or encumbrance of the aforesaid Mortgage and other liens
referred to above on the remaining property of said mortguged premises, not
hereby released therefrom, or any of the rights und remedies of the holder thereof.
IN 1VITNESS WHEREOF, the said iYlortgagee iias hereunto set its hund
and seul this 13 day of November, 1980.
Signed sealed and delivered TIIE FIRST IvAT[ONA±. 3~~iK OF CHICAGO,
in the presence of: a national banking association
Q - ,
~
' ~~1~ B
Y
%
Attest:
Thit instn-tnc•:~! E;rc~S~:~r~~~! hy:
l{1~:`:11:"I'ft .l. WI~.IL
FI.nl'D I'I•;~1ii:?,)?~ ~ l ;:~ti'~~I;•r RiCN:~i~N
G~t;~.~:l:::- ~':I~:If., I'.A. .
'1'::enty-Fiitli I~loor
One Rirc:~}•n~ To~cer
k Mintni, 17o:i~la ~,3131
k Phone: 377-G`L41
~
~
~~~ .. __.., _ ~ -
~t~•~ r . -~'..,.~~-C~Q~. ~'~
(,~ '-.c-e,..r~ -t~ : • Q.~,~,~-'
/.~~~ ~t/ i ~ `u l ~
, ~ o~ ~~l-u~~ .
,
aooK348 e~cE2~z
1~
- ~
~:=: ~