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Home My WebLink About0510 h~+~a:~-~-1.----"- . - ~ _ . . ~ 1 ~ . . ~ ~ ~ PARTIAL RELEASE OF MORTGAGE ~ KNOW ALL MEN BY THESE PRESENTS: : WHEREAS, FIRST NATIONAL CITY BANK, a national banking associa- tion organized under the laws of the United States of America, is now the owner and holder by assignment of the following mortgages and the notes secured ther~by, to-wit: A mortgage deed, executed the 14th day of October, 1970, by Outdoor Resorts of America, Inc. to Continental ~ Mortgage Investors, a Massachusetts Business Trust, securing ~ ;5,100,000.00 an~ recorded in Official Record Book 187, Page ; 2405, et seq., Public Records of St..Luc~e County, Florida, . encwnbering certain lands in St. Lucie County, Florida therein ~ more particularly described; as amended by Modification of ~ Mortgage Deed, dated October 4, 1972, amending the su~n secured by an additional principal indebtedness of s1,112,392.00 and i also encunbering other lands in Polk County, Florida, which ; Modification of Mortgage Deed was recorded in Official Record 4 Book 207, Page 867, et seq., Public Records of St. Lucie r County, Florida, and as further a?mended by Mortgage Modlfica- ~ tlon and Extension Agreement, dated June 27, 1973 and recorded ~ in Official Record Book 216, Page 265, Pub11c Records of St. ; Lucie County, Florida; and t WHEREAS, Outdoor~Resorts of America_has requested First National ~ City Bank to release the property hereinafter describedf being a ~ part of the mortgaged premises, from the lien and operation of said ~ mortgage; _ ~ , NOMi, THEREFORE, Fi rst Nati onal .Ci ty Bank, i n consi derati on of ~ the premises and the sum of ~ ~ , t e rece pt ereof s ere y ac nowledged dces remise, re ease, qult claim, exonerate and discharge fram the lien and operation of said mortgage, unto the said mortgagor, its ; successon and assigns, that certain portion of the property conveyed ~ ~ by said mortgage mor~ particularly described as follows: i Lot 1037 ~ Secti on I I t ` in that certa~in condominiun known as Outdoor Resorts ~ of America at Nettles Island, according to plat E of Nettles Island Pro~ect recorded in Plat Book 16, € Pages 1 through lf3) inclusive, and Declaration of ; Condominiun recorded in Official Record Book 186, j Page 2720, as last amended in Official Record Book ~ 192, Page 820, public records of St. Lucie County, ~ Florida ~ TO HAVE AND TO HOLO the same, with the appurtenances, unto the ~ - said Mortgagor, its successors and assigns, forever freed, exonerated : and discharged of and frora the lien of said Mortgage; provided, always, - ~ n~vertheless, that r.~thing herein ~ontaine~ shall in anywise impair, ~ alter or diminish the effect, lien or encunbrance of the aforesaid : ~ Mortgage on the remaining part of said mortgaged property not released ' = hereby, or any of the rights and remedies of the holder thereof. ' ti ~ ~ ~ a j ~ ~ a ~ . ~ ~ a ~ ~ ' _ . sao~236 ~ 5~0 ~ . , ~ S A~ . . _ . ' . " _ _ : ' . . . . . i - _