HomeMy WebLinkAbout0484 ~ 33~3 ,U~~
PARTIAL RELEASE OF MORTGAGE
KNOW ALL MEN BY THESE PRESENTS:
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WHEREAS, FIRST NATIONAL CITY BANK, a national banking associa- ~
tion organlzed under the laws ef the United States of America, is
nov the owner and holder by assignment of the following mortgages
and the notes sacured thereby, to-wit:
A mortgage deed, executed the 14th day of October, '
1970, by Outdoor Resorts of America, Inc. to Continental
Mortgage Investors, a Massacf~usetts Business Trust, securing
S~, ~..~,G~0.00 ~nd recorded in Official Rec~~d Bo~~c i8: , Page
-:t~ _ r:.'.`... C~r~.r..~- _6 C... ! !I`-A :^•~!!a _ . ~
pn~u+~~ering certain lancs in St. Lucie County, Florida tnerein ;
more particularly described; as amended by Modification of
Mortgage Deed, dated Octuuzr 4, 1972, amending the su~~i sec~~red
by an additional principal indebtedness of s1,112,392.00 and ~
also encunbering other lands in Polk County, Florida, which
Modification of Mortgage Deed was recorded in Official Record
Book 207, Page 867, et seq., Public Records of St. l.ucie
County, Florida, and as further amended by Martgage Modifica-
tior~ and Extension Agreement, dated June 21, 1973 and recorded
in Officia] Record Book 21F, Page 255, Public Records of St.
:.~~ci e County, F1 ori da; a~d ~
WHEREAS, Outdoor Resorts of America has requested First Nationa'
_ City Bank to release the property nereinafter described, being a
part of the mortgaged premises, from the lien and operation of sai~
mortgage; -
NOh~, THEREFORE, First National City Bank, ~n consideration of .
~ the premises and the sum of Ten & 00/100----------------------------
' - DOLLH^~
• 10.~0 ~ ' _ YV , • .4.. ~r S-c~o{~~ .rLn:~?.•~pP'r ~
does remise, release, q~i±~ claim~, exonerate ard dsscharge fram t,~e '
lien and operation of siid mortgage, unto the said mortga~or, its ;
successors and assigns, that certain portion of the property conveyed
by said mortgage more particularly described as fol7ows: ;
=-~~.r.,; ~ ~51>~-5D/-D/~~-- C~O~~' ;
Lot 161, 162 :f i .
Secti on I L/ 5d~? - 50/- D/d D bo/S-
in that certain condominiun known as Outdoor Resorts
of America at Nettles Island, according to plat
of Nettles Island Project recorded in Plat Book 16,
Pages 1 through 1(j) inclusive, and Declaration of ~
Condominiun recorded in Official Record 8ook 186,
Page 2720, as last amended in Official Record Book
192, Page 820, pub]ic records of St. Lucie County,
Fl ori da s
TO HAVE AND TO HOLD the same, with the appurtenances, ur:o the
said Mortgag~r, its successors and assigns, forever freed, exonerated
and discharged of and from the lien of said Mortgage; pro~~~ded, alway-, ~
nc•i~~thp~ ~~s, that nothing h~rein contained shal] in anyv,riQ~ ~~:p~.~r,
- ?;..:t~a~' ~:",.r . . ' . _
~cr~gaSe o~ t~~ rar~aining part of said mortgaged proRert~ releaseci
hereby, or any •~f the rights and reme~ies of the holder thE:~eof.
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