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PARiIAL kELEASC OF h10RTGAGE
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KNOSJ ALL t~lE.N 6Y TfI~Sk PkCSENTS:
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WHER~AS, FI RST NATIONAL CITY E3APl;C, a nati onal bar~~ci ng associ a- ~
ti on organi xed imder the 1 aws of the Uni ted States of Ameri ca , i s ~
r,o?,r thc o•?•rner and holder by assiynment of the folla~~~ing mort~ages ~
and the notes secur~d thereby, to-~~rit: ;
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~ A mor~~.~~~~e deed, executed -tht~ l~th day o~ Octobt,r', ~
1970, by Oui;~a:~~r R~.: -rts of Arneric~„ Inc. to Continentai ~
~tortgage In~~~~tors, a MassachusetCs Business Trust, secu~•ing
~5,100,00J.00 and recorded in Official Record Book 187, Paye ~
2405, et seq., Public Records of St. Lucie County, Florida, ~
encu~r~beri ny certai n 1 ands i n St. l.uci e~ Coun ty, F1 ori ua tt~erei n ~
more particularly described; as am2nded by t~ioclification of ~
hlortgage Deed,.dated October 4, 19'12, amending thc.sum secured ~
~ by an addi ti onal pr•i nci pal i ndebi:edness of $1,112,392 , 00 ~r~~d ?
also enc«,~iberi ng othet• 1 ands i n f'ol k County, F1 ori da, ?~rlii ch ~ ~
~iodification of h~ortgage Deed ti•~as recorded in Official Record ~
Book 207, Page E67,~et seq., Public kecords of St. Lucie - ~
Coutity, Flori da, and as fu~°ti~er amend~d by Mortgzge Mod~i fi ca- 3
~ tion and Ex~e~~SlOti Ayreement, dated June 27, 1973 and recoi~ded ~
in O~fficial (tecord Eoac 216, Paye 2b5, Public Records of St. ' _
~ Luci e Coun~~y, F~1 ori da; and - ~ _
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=~lHEREAS, Outdoor Res~rts of-{lmerica has requested First fVational ;
City Bank to release.~he property hereina~tet• described, being a i
. part of th~ mortc,~aged premises, frGn the lien and o~eration of said ,
mortgage; - ~
NOt~I, THEF;EFOPE , Fi rs ~ tJat.i onal Ci ty Banlc, i n consi derati on of , ;
the premi ses ar~cS the sum of Nine Zhov.s~ Sev~ x.~m~red 0 ;
_ _ _ ~ D LLARS i ~
. ~r~4~44___~~.___.._ ~ t~~e receipi: ~•~~~ereoi is hereby aci~no~•ilec~,ed, s
does r~mi se, r~lease, qui t cl aim, exc~~erate and di scnarge i ro-n ti~e '
- lien and opnrati~n of said mor~tgagv, ~mto the said mortgdgor, i_ts. ~
~ successoi•s and assigns, that certain portiun of the property conveyed . t
~ by said rnortga~e more particularly described as follo~vs: : - ~
- - ~ ~5~,~ - D~{~~ - ~od~~ . : ~
Lot 226, 948
- sec-~i on zz ~Sda - S`D/ - 1~35- ~0~,3 ~
. i n t h a t c e r t a i n c o n~ o mi ni u,i~ kno,an as Outdoor Resorts t
~ of Ameri ca at t~ettles I sl and , accordi nc~ to- p7 at ~ ~
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. of_ hettles Islanci Projec~ recorded in Plat Bool: 16,
- Pages l:through 1(j) inclusivc, and Declat~ation u~~-
Condominium r~cot~ded in Official Recard 6ook 186, `
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Page 2720, as l ast amendec: i i~ Offi ci al Recc?rd Book . ' >
_ - 192, P~Se 8?_0, p~.~blic recor~J~ of St. Lucie Cou~~ty, a.
Florida_ - -
_ TG E~:.VE ~i~D TO NOID the sam~, ti~rith ti~e appurter~atices, ur~to tf~e
- said tt~r~~agor, its sacc~ssor~ and assigns, fot~ever freed, exun~ra~ed ~
and di scharyecl of and fro~n the 1 i en of sai d h~o7•tgage; provi c~ed, alrrays , ~
never~heless , that r.othi ng herzi n cont~i ned shal l i an}~ri se impai r, ;
a1C~~• o~ ~i~r::~~s:? ;~~e efi~c4, lien c~i~ et~c~F~~b~•anc~: of tiie afo~~tsaict '
Mortgaye on the remaining part ofi said mortgag~d property nat_r~leased
hereby, or ~ny of the r~ights and r~medies of the holder thereo~. - _
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