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Home My WebLink About0581 + ~ ~ _ . . ~ . 1 ~ ~ ~ , • , / ~ ~ . , V 32$ . PARTIAL RELEASE OF MORTGAGE , KNOW ALL MEN BY THESE PRESENTS: - - _ . ~ . . ~ , ~ ~ WHEREAS, FIRST NATIONAL CITY BANK, a national ba~nking associa- ti on orgar~i ~ed under the 1'aws of the Uni ted States of Ameri ca, i s now the owr~er and holder by assignment of the following mortgages and the notes secured thereby. to-wit: . A mortgage a~~a, executed the 14th day of October, ~ jS70, by Gutdoor Resorts of America, Inc..to Continental Mortgage Investors, a Massachusetts 6usiness Trust, securing ~ ~ ~5,100,000.00 and recarded in Official Record Book 187, Page 2405, et seq., Public Rscords af St. Luc1.e County, Florida, - encwnberi ng cer.tai n 1 ands i n St. Luci e County, F1 orf da therei n~ more particularly described; as-amended by Modification of ~ Mortgnge Deed, dated October 4, 1972, amending the stRn secured by an additlonai principal indebtedness of s1,-112,392.00 and also encuabering other lands in Polk County, Florida, which ~ Modification of Mortgage Deed was recarded 3n Official Record Boolc 207, Page 867, et seq. , Publ i c Records of St. Luci e - . County, Florida, and as further amended by Mortgage Modiflca- - ~ tian and Extension Agreement, dated ~une 27, 1973 and recorded in Official kecard Book 216, Page ~65, Publlc Records.of St. LuGte County, Florida; and _ ~ ~ ~ . WHEREAS, Outdoor Resorts o~ America has req uested F1rst National ~ City Bank to release the property hereinafiter described, being a~ part of the mortgaged premises, from the lien and operation of said mortgage; ~ . - NOW, THEREFORE, First National City Bank,,in consideration of , . the premises and the swn of Three Thousand Nine Nundred ~ 00 100---- L R • . . , e receipt w ereaf s ereby ac nowledged,- does rem se, release, quit claim, exonerate nnd discfiarge fran the lien and operatlon of said mortgage, untd the said mortgagor, its successors and assigns, that certain portion of the property conveyed ~ by said mortgage more particularly described as follows: ~ . Lot 677 •~~o a-~ o~~ a8G 3-0«~/~ I . Secti on I I 1lCE ONtY • ! in that certain condaniniun known as Outdoor Resorts ~ ~ of America at Nettles Island. according to plat ~ of Nettles Island Pro3ect recorded in Plat Book 16, ! Pages 1 through 1(~) inclusive, and Declaration of ~ . _ Condominiun recorded in Official~ Record-6ook 186, - Page 2720, as last amended 1n 4fficial Record Book 192, Page 820, publ i c r~cords of .St._ luci_e- County, ~ Fl ori da ~ . ~ TO HAVE AND TO HOLO the same, with the appurtenanc~s, unto the . said Mortgagor, its successors and assigns, forever freed, exonerated ~ and discharged of and from the lien af said Mortgage; provided, always, ~ nevertheless, that nothing hereln contalned shall in attiyMrise impair, alter or diminlsh the effect, lien or encunbrance of the af6resald Mortgage on the remaining pawt o~ said mortgaged property not released ~ hereby, or any of the rights and remedies of th~ halder thereof. ~ . ~ _ . ~ . . - ~ ~ ~ ~ ~ ~ ~ . ~ ' ~ ~ . ~ ~ ~ ' - ~i~ ~f'rE ~ - ~ ~ ~ : ; - ~ ~ ~ ~ w.~.'a~:~1:~~?-~~ ~T~.~:s~.'-~"~" ~r . ~ . . ~ f ~v..~~