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HomeMy WebLinkAbout0973 . , '7356~~. PARTIAL RELEASE OF MORTGAGE KNOW ALL MF*? 9Y T~~'SE PRESENTS: i r.n. r T*~n~L~nnmu osDTUFRCpTA ~ A R1 c~rida ! ~hL'il'~Gl~b~ 1Clli l1VuLSl~~vvr~v~~~~• ~ . _ _ partnership, mortgagor, by Indenture of Mortgage bearing date the 15th day of July, 1981, and recorded in the office of the Clerk of the Circuit Court in and for the County of St. Lucie, State of Florida, in Official Records Book 359, Paqe 2127, mortqaqed.unto CANADIAN IMPERZAL BANK OF COMMERCE, Atlanta Agency, and assiqns, ~ mort_qaqee, the premises therein particularly described, to secure ~ the payment of the sum of TWENTY-TWO MILLION ($22,000,000.00) . ~ DOLLARS, with interest as therein mentioned: AND WHFREAS, THE HOLLIN~SWbRTH PARTNERSRIP has requested the said CANADIAN IMPFRIAL BANR OF C~MMERCE, Atlanta Agency, to release the premises hereinaf ter described, beinq part of said mortqaqed premises, from the lien and operation of said Mortgage: NOW, TREREFORE, RNOW YE, That the said CANADIAN IMPERIAL BANR OF COMMERCE, Atlanta Aqency for good and valuable consideration paid thereunto by THE HOLLINGSWORTH PARTNERSHIP, the receipt whereof is hereby acknos~ledqed, does remise, release, quit-claim, exonerate and discharge from the lien and operation of said mortgaqe, unto the said THE HOLLINGSWORTH PARTNERSHIP, its heirs and assigns, all that piece, parcel or tract of land being a part of the premises conveyed by said mortgage, to-wit: Unit No. 933 of ISLAND DUNES CONDOMINIUM A, according to`the Declaration of Condominium thereof, recorded in Official Record Book 400, Paqe 2021, of the public records of St. Lucie County, Florida, together with all appurtenan- ces thereto, includinq an undivided interest in the common elements of the said Condor~inium as set forth in the Declaration thereof, toqether with the exclusive use of Farkinq Space No. 933 , and Liquor Rin No. 933 . TO HAVF AND TO HOLD the same, with the appurtenances, unto the said THE HOLLINGSWORTH PARTNERSHIP, its heirs and assiqns forever, freed, exonerated and discharged of and from the lien of said mortqaqe, and every part thereof; Provided always, nevertheless, that nothing herein contained shall in anywise impair, alter or diminish the ef fect, lien or incumbrance of the aforesaid Mortqaqe on the remaininq part of said mortqaqed premises not hereby released therefrom, or any of the riqhts and remedies of the holder thereof. IN WITNESS WHEREOF, the said CANADIAN IMPERIAL BANR dF COMMERCE, Atlanta Agency, has caused these presents to be executed in its name, and its corporate seal to be hereunder affixed, by its proper officer thereunto duly authorized this ~.f'~h day of ~l..ti.. ,A.D. 1985. Signed, sealed and delivered CANADIAN IMPE BANK OF in the presence of: COMMERCE, At Agency > ~ BY : i V PAUL V. C OFLEY,Senior Manaqer lhia lnstrument i'repared b~11 I~~a d~~s ~s. /~PAJI'~/~ CRARY, BUCNA~aA`!. 8t~`,'%~R~H & GOVIF, Ch::~tartd Ac.,:i;,~/s t~ 555 Ccbwe~o hvenue 3n~X ~04 PaGE ~n~. ~oR~~a _ - _ w . y. . . _ ~ _ . ' .A°'+'.71'~... A'. . . ~ ~ .