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J PARTIAL RELfASE OF MORTGAGE _
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KNOW ALL MEN BY THESE PRESENTS:
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WNEREAS, FIRST NA~I~IAL CI?Y 6ANK, a national banking associa-
tion organized under the laws of tt~e United States of America, is ~
nGw~the owner and holder by assfgnment of the following mortgages
and the notes secursd thereby, to•wit: . ~
A mortgage deed, executed the 14th day of Octo6~er, .
1970, by Outdoor Resarts of America, Inc. to Continental . _ }
~ Mortgage Investors, a Massachusetts Business Trust, securing
55,100,000.00 and recorded in O.fficlal Record Book 18T, Page
~ 2405, et seq., Pubiic Records of St~. Luc1~ County , Florida,
_ encumbering certain lands in St. Lucie County, Florida therain
more particularly describe~; as am~nded by Modification of
~ Mortgage Deed, dat.~d October 4, 1972, araending tihe s~an secured
by an additional prlncipal-indebtedness of ~1,112,392.00 and - . ~
- ~.1 so encunberi ng ather 1 ands i n Pol k County, ~1 ori.da. Mhi ch :
Modificatlan of Mortgage Deed was recorded in Official Record '
Book 207, Page 867, et seq., Public Records of St. Luc1e ~ ~
County, florida, and as further amended by Mortgage Modlfica- ~
tia~ and Extension Agreement, dated June 27, 1973 and recorded :
~ 1n Official Record Book 216,~Page 265, Public Records of St: _ ~
~ Lucie County, Florida; and .
MHEREAS, Outdoor Resorts of Americd has requested first National
Ci Ly Bank' to release the property herei nafter de~cri bed, bei ng a~-
part of the mortgaged premises, fram the lien and operation of said .
mortgage; -
NON, TNEREFORE, Fi rst Nnti onal Ci ty Bank . i n~consi derati on of ~
the premises and the s~an of _ _ _ _ :
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, e rece pt ereo s ere y ac na+ledged, ~
does rem se, re ease, quit claim, exonerate and discharge fran the- ? ~
11en and operation of said mortgage, unto the said mortgagor, its _
successors and assigns, that certain portion of the property conveyed
~ by said a~ortgage more particul3rly described as follows:
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; Lot 780, 816, 849, 944, 1316 _
€ Secti on I I
~ in that certaln condominiun known as Outdoor Resorts ~
~ of Amerlca at Nettles Island, accarding _to plat
, of Nett~es Island Pro~ect recorded 1n Plat Book 16, ,
Pages 1 through 1(~) inclusive, and Declaration of
-Condaminiun 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 HOLD the same, with the appurtenances, unto the
said Mortgagor, its successors and assigns, forever freed, exonerated
and di scharged of and from the ~ 1 i en of sai d Mlortg age; provi ded, always ,
nevertheless, that nothing herein contained shall in anywise impair, .
rtter or diminish the effect, lien or en~unbrance of the aforesaid .
Mortgage on the remai ni ng part of sai d mortgage~- pr~ip~ri.y not released _
hereby, or any of the rights and remedies of the holder thereof. ~
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