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PARTIAL REIEASE JF MiORTGAGE ~2~ ~
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KkOW AlL MEN BY THESE PRESENTS:
IiHEREAS, FIRST NIlTIOkAL CITY BANK. a national banking a~socia-
tion organized under-the laws of the United States of America, is
now the owner and holder by assignment of t~e follawing mortgages
and the notes sec~red thereby, to-wit: ~ ~
- A mortgage d~ed, executed the 14th day of October, .
197a, by Outdoor Resorts of America, Inc. to Continental ~
Mortgage Investors, a Massachusetts Business Tr~~sx-, securing
:5,100,~0.00 and recorded in Official Record Book -187, Page ~
2405, et seq., Public Records of SL. L~cie County, Florida,
enc~nberi ng c8rtai n 1 ands i n St. Luci e County, Flori da~ therei n
more particularly described; as amended by Modificatton of
Mortgage Deed, dated October 4, 1972, amending the sum secured
by an additional principal indebtedness of =1,112,392.04 and ~
also encunbering other lands in Polk County, Florida, which
Modification of Mortgage Deed was recorded in Offictal Record ;
Book 207, Page 867, et seq., Public Records of St. lucie `
County, Florida, and as further artierded by Mortgage Modifica-
tion and Extenston Agreement, dated June 27, 1973 and recorded
in Official Record Book 216, Page 265, Public Records of St. ~
Lucie County, Florida; and -
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NHeREAS, Outdoor Resorts of Nnerica has req ussted~First National
City Bank to release the property her~inafter described, being a
part of the mortgaged premises, fran-the lien and operation ~f said j
mortgage; -
~ NOW, THEREFORE, First National City~Bank, in consideration of ~
the premises and the swn of Four Thousand Five Hund~d fiftv ~ OOJ1Q0:
~ ----------------~----------P------------- D~LLARS .
4~~ e recei t ereof s hereby ac cnowledged, ~
dces remis~, r.elease, guit claim, exonerate and discharge fram the
lien and operation o~ sald mortgage, unto the ~aid Rartgagor, its
successors and assigns, that certain portion .of the property conveyed -
by said mortgage more ~articutarly descr~bed as follows:
' ~ = ~sa~- ~or- n~r3 = ~~0 3 -
' Lot 627 ~
' Secti on I I_ ~ •R: \ -
, in that certaln condaninium known as Outdoor Resorts
~ _ of America at Nettles Island, according to plat
of Nettles Island Pro~ect recorded in Plat Book 16, ~
t Pages 1 through 1(~) inclusive, and Declaration of ~
~ Condaniniun recorded in Officiai Record Book_186, ~
Page 2720, as -last amended in ~fflcial Record Book - . (
192, Page 820, p~blic_records of St.-Lucie County, - ~
Fl ori d~ ~ - €
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~ TO HAVE AND TO HOLD the same, with the appurte~ances, unta the i
said Mortgagor, ~ts 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, lien or encumbrance of the aforesa~d ~
~ Mortgage on the remaining~par~t of said mortgaged property not released
~ hereby, or any_ af the rights and remedies Qf the holder thereof,
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