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3`3~ ~~~f pART IAl RELEASE OF MORTGAGE
KNOW ALL MEN BY THESE PRESENTS: ~
WNEREAS, FIRST NATIONAL CITY BANK, a national banking associa- .
tion organized under the laws of the United States of America, is
now the owner and holder by assignment of the following mortgages ~
and the notes secured thereby, to-wi t: ~
Y
A mortgage deed, executed the 14th day of October, s
1970, by Outdoor Resorts of America, Inc. to Continental ~
Mortgage Investors, a Massachusetts Business Trust, securing -
_ aS,'00,000.00 and recorded in Official Record Book 187, Page ;
2405, et :eq., Public Records of St. Lucie Gounty, Florida, '
encw~ering certain lands in St. Lucie County, Florida therein t
more particularly described; as amended by Modification of z
Mortgage Deed, daLed October 4, ]972, amending the sum secured ~
by an additional principal indebtedness of ~1,112,392.00 and !
also encunbering other lands in Polk County, Florida, which ~
Modification of Mortgage Deed was recorde~ in Official Record ~
Book 207, Page 867, et seq., Public Records of St. Lucie ~
County, Florida, and as further amended by Mortgage Modifica-
tion and Extension Agreement, dated June 27, 1973 and recorded i
in Official Record Book 216, Page 265, Public Records of St. ~
~ Lucie County, Florida; and
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WNEREAS, Outdoor Resorts of America has requested First National
City 8ank to release the property hereinafter described, being a
part of the mortgaged premi ses , from the 1 i en and operati on of sai d i
F
mortgaqe; ~
NOW, THEREFORE, First National City Bank, in consideration of ~
the premises and the sum of Four Tho sa ' ' p ~
;D L RS ~ ~
~ , ~ . :^°~os.,t who~~f ~ tioreby ?cknnwledged, '
does remise, release, quit claim, exonerate and discharge fram the ~
lien and operation of said mortgage, unto the said martgagor, its `
successors and assigns, that certain portion of the property conveyed -
by said mortgage more particularly-described as follows: ~
_ ~,-:??.~~~c ~ ,S~s"D~?-S-d/ -p8//- Uoa/9 ' r
Lot 625 ~rtir ~ f
Section II
in that certain condominium known as Outdoor Resorts
of America at Nettles Island, a~cording 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 Book 186,
Page 2720, as last amended in Official Record Book
~i92, Fage 820, public records of St. Lucie County,
Florlda
TO HAVE AND TO HOLD the same, with the appurtenances, unto the
said Mortgagor, its 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,
a i ter o; d:r~i n: sti i:ne ~Tfect, ? i~n Qr encun~ranc~ of the ~foresai ~
M~rtgaye ~n ~^e remaining part of said mortgaged property not released ~
hereby, or any of the rights and remedies of the holder thereof.
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