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HomeMy WebLinkAbout2060 ' 2~~~ , . PARTIAL RELE~SE Q~ MORTGAGE KNCW ALL MEN 6Y THESE PRESENTS: WNEREAS, FIRST NATIONAL CITY ~ANK, a national banking associa- tion organized under the laws of tne United States of America, is now the c~~ner and holder by assignment of the follaving mortgages and tha notes secured therehy, to-wit: A mortgage deed, executed the 14th day of October, 1970, by Qutdoor Resorts of America, Inc. to Continental Mortga~e ~nvestors, a"!assachssetts Business Tr~~st, securing a5,i00,000.~0 and recorde~ ir. Offic?al Record Book 187, Paae 2405, et seq., Public Records of St. Lucie County, Florida, encu~r~ering certain lands in St. Lucie~County, Florida therein ~ more particularly described; as amended by Modificatior. of Mortgage Ceed, dated October 4, 1972, amending the sum secured ~ by an additional principal indebtedness or ~1,112,392.00 and ; als~ encumb~t~ing other lands i~ Polk County, Florida, ~rhich : Modifica~ion of h;ort~age Deed was recorded in Official Record _ Book 207, Page 367, et seq., Public Records of St. lucie i County, Florida, and as further amended by Mortgage Modifica- 3 tion and Extension P.greement, dated June 27, 1973 a~d recorded ; in Official Record Book 216, Po,ge 265, Public Records of St. i Lucie Cuunty, Florida; and WNERERS, Outdoor Resorts of America has requested First National City Bank to release the property h~reinafter described, being a part of the mortgaged premises, frrn~ thE iien and operation of said ; mortgage; NOW, THEREFORE, First National City Sank, in consideration of f the premises and the sum of Seventv-~One Thousand ~ne Hundred Ten ~i 00 0----------------------------------------------~IQLLARS ~~,,110 .00 , the recei pt tvh~reof i s hereby ackno~~ i edged , do2s remise, release, quit claim, exonerate and discharge frar, the lien and operation or said mortgage, unto the said mortgagor, its successot•s and assigns, that certain portion of the property conveyed by said mortyage more particularly ~escribed as follows: ; Lot 9F,142,312,333,473,547,93F,1n30,1~35,1098,1360 ~ Section II ~ in that certain condomini~?n known as Outdoor ~esorts ~ of Amer•ica at Nettles Island, according to plat & of Nettles Islar.d Project recorded in Plat 8oak 16, ~ , Pages ; through 1(j) incl+~si~le, and Declaration of ~ Cendz:m~ ni .aKa recorded i n Ofi'i ci al fiec~rd Book 180 , ~ Page 2720, as last an~nd~d in Official Record Book ~ 1~2, Page 820, ~ublic records of St. Lucie County, ~ Florida TO HAVE AtVD TO NGLD the same, ?vith the appurtenances, unto the ~ ' h~ ;±s successors and assi ns forever freed, exor~era2:ed ~ sa~d ortgagor, g ~ ~ ~ and di scharged of and froi,~ the 1 ien of sai d Ftortgac;e; provi ded, a iways, ~ nevertheless, tnat nothiny herein coittained shall in anywis~ ~moair, ~ alter or diminisn the efiect, lien o?• eryc~a~~~ra~~c~: tt~e afo~esai~ ~ Mo~~tgage on the re~f~air~in~ part of saic~ mort~agAd property not released ~ hereby, or any of th~ rights and remedies of the holder thereof. _ ~ ~ # ; {ri ~r ~ - . - ~ ~ ~ r~~[ lr~V ~OW ~ ~ ~ "Ck~ ~ ~ry . . . . . . . . . ~ - .