WHEREAS the action has been settled or dismissed,. Palm Beach County Lis Pendens Release Form.Fill in the blank form formatted to comply with all recording and content requirements. A lis pendens is a common tool used in Florida to put third parties on notice of a pending lawsuit against real estate. Discharge of the mortgage. 276 For the same reason, the mortgagee's counsel may be unwilling to discharge the notice of lis pendens.