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PARTIAL R~LEASE OF MORT6AGE
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KMOMI ALL M~N BY THESE PRESEMTS: ~
NHEREAS, CITI6ANK. N.A., fo~rly known as First Natto~al City
Bank, a ~ntional banking associa ion orqanized under the laws of the
United States of America, is now the oNner and holder by assiqnment
Qf the foi toNi ng aartgages and t~he notes secured thereby, to-wi L:
A mortgaqe deed, executed the 14th day of October,
1970, by Outdoor Resorts of Ameri~a, Inc. to Continental -
Mortgage Investors, a Massachusetts Business Trust, securing
~ s5,100,000.00 and recorded in Official Record 6ook 187, Page
2405, et seq., Pub11c Records of St. Lucie CouRty, Florida,
e~cumbering certain.lands in St. Lucie County, Ftorida therein
more particutarly described; as a~aended by Modiflcation of
- Mortqaqe Deed, da~ted Qctober 4, 1972. a~aendlnq the su~ secured
by an 8dditfon~l principnl indebtedness of s1,112,392.00 and
also er~cumbering other lands in Polk County, florida, r~hich
Modification of Mort~a9e Oeed was reco~rded in Official Record
Book 207, Page 867, et seq., Public Records of St. Lucie
County, Florida, and as.further aaiended by Mortqaqe Modifica-
tion and Extension Agre~ent, dated June Z7, 1973~and recorded _ ~
in Official Record Book 216, Page 265, Pubtic Records of St.
lucie County,.Florida; and
NNEREAS, O~tdoor Resorts of America has requested CITIBANK, N.A., .
fon~erly known as First National City Bank, to release the property
hereinafter descrlbed, beinq a part of the mortgaqed pr~nises, from
the lien and operation of said aartgage; .
NON, THEREF~ORE, CITIBANK, N.A., formeriy known as First,Mational .
City Bank, in consideration of the premises and the sum of
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, rece p w reo s e y ac no+~ g, does -
- reo se, re ease, quit clat~n, exonerate and`discharge fro~ the lien and
operation of said mortgage, unto the said mortgagor, its successors
and assigns, that certain portion of the property conveyed by said
mortgage more particularly described as follows:
. - Lot 741
Section II -
~ in that certain condomi~fum known as Outdoor Resorts
of America at Nettles Island, accordinq to plat
of Netttes Island Pro3ect recorded in Plat Book 16,
Pages 1 through 1(3) inclusive, and Oeclaration af _
Condaainiun recorded 1n OfPicial Record Book 186,
Page 2720, as last a~aended tn Officiai Record Book
192, Page 820, pubiic records of St, Lucie County,
Florida
TO FU1YE AND TO HOLD the same, Nith the appurtenances, unto the _
said Martgagor, its successors and assiqns, forever freed, exonerated
and discharged of and fr,o~ the lien of said Mortgage; provided, always,
nevertheless, that nothing herein contained shall 1n ~r~ywise impair,
alter, ar di~inish the effect, lien or encwabrance of the aforesa~d
Mortgage'on the remaininq part of said mortgaged pr~perty not reieased
f~ereby, or any of the rights and remedies of the holder ther~eof. ~
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