Tiger Woods News: Pays Off Divorce Settlement, Gets Florida Home Back [VIDEO]

Tiger Woods can call Jupiter Island home again.

The sidelined former No. 1 golfer has made good on his $54.5 million divorce settlement agreement with ex-wife Elin Nordegren, according to the South Florida Reporter.

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"Ex-wife Elin Nordegren has released the $54.5 million mortgage she held on Woods' Jupiter Island house until he was all paid up, according to records exclusively obtained by Gossip Extra," the South Florida reporter indicated.

"Martin County records show Nordegren quietly released the mortgage in January, according to papers made public today."

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Woods is recovering from a second microfracture surgery on his back that has kept him from competition for the last eight months. Though he has set no timetable to return, he has been able to practice again, and there is some speculation that he might even try to play at next month's Masters, although that possibility seems unlikely.

Nordegren signed the release on Tiger's house, the South Florida reporter added, which is usually done by lawyers.

"It is estimated Nordegren, who recently turned up at International Polo Club Palm Beach with her occasional BF, billionaire Chris Cline, agreed to a $100 million-settlement in January 2010 after she caught the 4-times Masters winner cheating on her with numerous porn stars, waitresses and hostesses," the South Florida reporter indicated.

"The only amount that turned up in public records, however, was a $54.5 million mortgage that Nordegren held on Woods' sprawling beachfront property through JRD Florida Ventures LLC, a Virginia company whose manager is Nordegren."

In a way, Woods finally now may close a chapter on a dark period in his life that began with the 2009 incident in which Elin originally found out about Woods' infidelity and confronted him as he was trying to drive away.

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If he can get healthy, he may be able to start a new chapter in his life that includes a return to dominant golf.

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