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HomeMy WebLinkAbout0591 ~ ~ - y_ . ; j . ' ` , . ~ ~9 ~ . - ~3 28.~ J J PARTIAL RELfASE OF MORTGAGE _ ~ - ~ ~ . ~ KNOW ALL MEN BY THESE PRESENTS: ~ 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 _ _ _ _ : i , 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: ~ . . ; 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. ~ ~ ~ - ~w?~s~s a a - so ! - D~IGG - ooo~b UCE ONLY ~ ~soa - so 1- ~v~ ~ -oc?%, _ ~SDa2 - 56 I-/ D 35- 0~~~ ~s D ~ - Soi- ~f 30 ~-ooa/~ ~ . ~{~oa -s'dl - f~0 3 -boel~ . ~ . ~c P~CE ~j~ . ~ . ~ ~ ~ ~ . - _ _ ~ . ~ _ _ . ~