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HomeMy WebLinkAbout0935 . ~ / ~ . 75~.57~ ~ ; 1 Pd~RTIAL RBLBASB QF !lORT~:AGS RNOW ALL MEN BY THESB PRBSE1NTSt WHSREAS, THB HQLGINGSWORTB PAR'1CN~RSBIP, a Flori~a~ partnership, mortgagor, by Indenture of Mortgage bearing date the ~ 15th day of July, 1981, anc~.recorded in the office of the Clerk of 1 the Citcuit Court in and for the County of St. Lucie. State of ~ Florida, in Official Recorda Book 359, Page 2127, mortgaged unto CANADIAN IMPBRIAL BAN1C OF COMMBRCS, Atlan~a Agency, and assigns, mortqagee, the premises therein particnlarly described, to secure 4~ the payment of the sum of TWSNTY-Z'i+10 MILLION (S22,OOO,OOQ.00) ; DOLLARS, with in~ereat as therein n~entioned: AND WHER6AS, THB HOLLINGSWOI2T8 PART~IERSHIP has requested ' the said CANADIAN IMPBRIAL HANR OF COMMBRCB, Atlanta Agency, to rel~ase the premises hereinafter descritsed, being part of said ~ mortgaged premises. from the lien and operation of said Mortgage: NOW TBBRBFORE RNOW YB, That the said CANADIAN ~MPBRIAL ~ BANR OF COMMERCS, Atlanta Agency for goocl and vsluable ~ consideration pnid thereunto by THB 80LLINGSWORTB PARTNBRSHIP, the j receip~ whereof is hereby acknowledged, doea remise, release, ; quit-claim, exon~rate and discharge from the lien and operation of said mortgage, unto the said T8S HaLLINGSWORTH PARTNERSBIP, its heirs and assigns, all that piece, parcel or tract of land b~eing a part of the premises conveyed by said mortgage, to-Wit: Unit No. 1033 of ISLAND DUNES CONDOMINI+UM ~ A, accord n~the Declaration of Condominium ; thereof, recorded in Official Record Book 400, ~ Page 2021, ef the public recorc3s of St. Lucie I County, Florida, together with all appurtenan- ces thereto, including an undivided interest # in the common eleme~ts of the saf.A Condominiu~n i' as set forth in the ~eclaration thereof, tovether with the exclusive use of Parking Space No. 1Q33 , anc! Liquor Bin No. 1033 . ~ TO HAVS AND TO AOLD the same, with the appurtenances, unto ~he said THB HOLLINGSWORTH PARTNERSHIP, its heirs and assigns forever, freed, exonerated and discharged of and f rom the lien of said mortgage, and every part thereof; Provided always, nevertheless, that nothing herein contained shall in anywise impair, alter or diminish ~he effect, lien or incu;~brance of the aforesafd iKortgage on the remaining part of said mortgaged ' premises not hereby released therefrom, or any of the rig~ts and remedies of the ~older thereof. IN WITNESS WHERLOF, the sairl CANA~DIAN IMPERIAL BANR OF COl~lMERCL, Atlanta Agency, has cause~ these presents to be executed ~ in its nam~, and i.ts corporate seal *o be hereunder affixed, by ~ ` s roper officer thereunto du2y authorized this day of ~,A.D. 2986. ~ Signed, sealed and delivered CANADIAN IM ~ AL BANR Og , in ttie presence of : COMMERCE, nta Aqe'~cy ' - • . * ~3Y s , _ PA . CROPLEY`~, eniflr l~dr~a#er ~ orparate Sgal ) ~ ~ ` , . ee~~ 4~~ ~f~ ~ _ ~a _