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Home My WebLink About0568 ~l PARTIAL RELEASE OF M4RTGAGE `;2~3c~ ~ j KNOW ALL MEN BY THESE PRESENTS: . ~ ~ WHEREAS, FIRST NATIONAL CI7Y 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 tfiereby, to-wit: ~ a 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. Lucte County, Fiorida, encu~r~b~ring 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 ap addittonal principal indebtedness of s1,112,392.00 and also encunbering other lands in Polk County, Florida, which Modificatlon of Mortgage Deed was recorded 1n Official Record Book 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 % 1n Official Re~ord Book 216, Page 265, Public Records of St. ~ Lucie County, Florida; and WHEREAS, Outdoor Resorts of America has requested First National City 8ank to release the property herPinafter described, being a part of the mortgaged premises, fran the lien and operation of said mortgage; NOW, THEREFORE, First National City Bank, in consideration of the premises and the sum of ~ DOLL RS ` , t e rec~ipt whereof is hereby ac nowledged, does remise, release, quit claim, exonerate and discharge-fran the iien ar~d 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 foll~ows: ~ ~aa~sERS . y~oa - ~O/ - O 7~~ - 0 0 ~S j Lot 570, 1156 ~ oN~-Y •,(/~0 ~Z -~O/ - n ~ ~ Section II dp/~/ ~ in-that certaiR condomini~n known as Outdoor Resorts j ~ ~ of America at Nettles Island. according to plat = i of Nettles Island Pro~ect recorded in Plat Book l6, t Pages 1 through 1(3) inclusive, and Declaration of Y ` 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 ~ TO HAVE AND TO NOLD the same, with the appurtenances, unto the ~ : ~ said Mortgagor, 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 anywise impair, ~ ~ alter or diminish the effect, lfen 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. ~ ~ ~ ~ ; ~ ~ . ~ ~ . ~ i ~ ~ ~ ~ ; , , z U'.7 ~~~~~t.~ l , ~ ~ ~ ~ ~-~4 _ - _ ~ ~V - - - ~ .t