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j PARTIAL RELEASE OF MORTGAGE '
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KNOW ALL MEN BY THESE PRESENTS:
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WHEREAS, FIRST NATIONAL CITY BANK, a national banking~associa-
t~ Qn Qrga~t ze~ un~±~r the ~ a~s af t4:e !!nt ted Stat,~s af Azr~:rt ca s ~
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 Tr~~st, securing '
~5,100,000.00 and recorded in Official Record Book 187, Page
2405, et seq., Public Records of St. Lucte 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 a1,112,392.00 and
also encunbering other lands in Polk County, Florida, which
Modification of Mortgage Deed was recorded in Official Record
Sook 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 America has requested First National
i City Bank to release the property hereinafter descr~bed, being a
i part of the mortgaged premises, from the lien and operation of said
mortgage;
i NOW, TNEREFORE, First National City Bank, in consideration of
the premises and the sum of ~
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- , t e receipt whereof ts hereby ac nowledged,
dces remise, release, quit claim, exonerate and discharge from the ~
i 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 210, 744, 941, 949, 956, 1154, 1155
Secti on I I
in that certain condominium known as Outdoor Resorts
of America at Nettles Island. according to plat
of Nettles Island Pro~ect 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,
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i TO HAYE AND TO HOLD the same, with the appurtenances, unto the
said Mor~gagor, its successors and assigns, forever freed, exonerated
and discharged of and from the lien of said Mortgage; provided, always,.
nevertheless, that nothing herein contained shall in anvwise 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.
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