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~p PARTIAL RELEASE OF MORTGAGE Zg
KNOW ALL MEN BY THESE PRESENTS:
WHEREAS, FIRST NATIONAL CITY BANK, a national banking associa-
,.M.,~„;~ea ~~n~Ar tha tawc ~f thA united States of America, is
_
~ now~the owner and holder by assignment of the following mortgages
and the notes secured thereby, to-wit: ~
,
~ A mortgage deed, executed the 14th day of October,
1970, hy Outdoor Resorts of America, Inc. to Continental
Mortgage Investors, a Massachusetts Business Trust, securing
~5,100,000.00 and recorded in Official Record Book 187, Page =
2405, et seq., Public Recor.ds of St. Lucie Gaunty, Florida,
encumbering certain lands in St. Lucie County, Florida therein.
more particularly described; as amended by Modification of
Mortgage Deed, dated October 4, 1972, amending the sum secured
by an additional principal indebtedness of a1,112,392.0~ and
also encunbering other lands in Polk County, Florida, whi~ch
: r n__~ 4 ia~ ~sr re~
. I"IOa~ Tl CdLI Ofl UT r~vr~yayr uCCU `vio~ ir~~~`uc~ ~ ii ~ C. u. ~.~..3.
6ook 207, Page 867, et seq., Public Records of St. Lucie .
County, Florida, and as further amended by Mortgage Modifica-
tion and Extension Agreement, dated June 27, 1973 and recorded
in Official Record Book 216, Page 265, Public Records of St.
Lucie County, Florida; and . ~ ~
~
WHEREAS, Outdoor Resorts of Wnerica has requested First National ;
City Bank to release the property hereinafter described, being a
part of the mortgaged premises, fran the lien and operation of said
~
mortgage; ~
NG'~I, THEREFORE, Fi rst Nati onal Ci ty Bank , i n consi derati on of
the premises and the sum of Four Thousand Seven Hundred Twelve and
LARS
4.712.50 , t e receipt whereof is hereby ac nowledged,
does remise, release, quit claim, exonerate and discharge from the
lien and operation of said mortgage, unto the said mortgagor., its
successors and assigns, that certain portion of~the property conveyed
€ by said mortgage more particularly described as follows:
~ Lot - ~820
Secti on - I I
~ in that certain condominium known as Outdoor Resorts
~ of America at Nettles Island, according to plat
of Nettles Island Project recorded in Plat Book 16,
Pages 1 through 1(j) inclusive, and Declaration of ~
Condominiun recorded in Official Record Book 186, ~
Page 2720, as-last amended in Official Record Book
192, Page 820, public records of St. Lucie County, '
Fl ori da '
;
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TO NAVE AND TO HOLD the same, with the appurtenances, unto the #
said ~tortgagor, its successors and assigns, forever freed, exonerated ~
and discharged of and fran the lien of said Mortgage; provided, always,
nevertheless, that nothing herein contained shall in anywise impair, ~
~ alter or diminish the effect, lien or encunbrance of the afaresaid ~
~ Mortgage on the remaini,ng part of said mortgaged property not released
1: hereby, or any of the rights and remedies of the holder thereof.
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