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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 Mierica, 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, by Outdoor Resorts of America,~Inc. to Continental
Mortgage Investors, a Massachusetts Business Trust, securing
a5,100,000.00 and recorded in Official Record Book 187, Page
2405, et seq., Public Records of St. Lucie County, 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 :1,112,392.00 and
also encunbering other lands in Polk County, Florida, which
Modificatlon of Mortgage Deed was recorded in Official Record
Book 207, Page 867, et seq., Public Records of St. Lucie
County, Florida,.and as further amended by Mortgage Modifica-
tfon 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 America has requested First National
City Bank to release the property hereinafter described, being a ;
- part of the mortgaged premi ses , from the 1 i en and operat9 on of sai d ~
mortgage; ~ 3
. NOW, TNEREFORE, First National City Bank, in consideration of
the premises and the sum of Fourt en Tho san Ni H n red Fift &
00 0---------------------------------- LL RS :
1 , t e receipt w ereof s~reby ac nowledged, '
does rem~se, release, quit claim, exonerate and discharge fram 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• ~
; o~. - 50/- n~ S'~- Ol~L?~~ ~
i Lot 98, 749, 764 St.~o~.-sa/- 0~13~ - Or~~/~
; Secti on I I o.~ - So~ - o y~
o- bC,~~/~
; in that certaln condomini~n known as Outdoor Resorts'
E of America at Nettles Island, according to plat
~ of Nettles Island Pro~ect recorded in Plat Book 16, .
~ Pages 1 through 1(3) inclusive, and Declaration of
r 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,
~ F1 ori da
~ TO HAVE AND TO NOLD the same, with the a urtenances unto the
~
~ said Mort a or, fp , -
g g its successors and assigns, orever freed exonerated
# and discharged of and from the lien of said Mortgage; provided, always,
~ nevertheless, that nothing herein contained shall in anywise impair, -
~ al ter or dimi n1 sh the effect, 1 i en or encunbrance of the aforesai d ~
~ Mortgage on the remaining part of said mortgaged property not released ;
r hereby, or any of the rights and remedies of the holder thereof. ~
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