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SUBORDINATION ~
OUTDOOR RESORTS OF AMERICA, INC., a Tennessee corporation, as a developer,
hereby does subordinate the resQrved right of the developer under Article XI of
the Declaration of Condominium, as amended, filed in the Public Records of St.
Lucie County, Florida, in OR Book 192, to the lien and encumberance created by
a mortgage instrument dated october 5, 1972 between John W. Jonas ar.d
El~anor S. Jonas and Firs~ :~ationa Ban ; rust ~.om:~any
on t e o ow~ng escri e rea estate: o tuart
• R~sco..dQd ~nr O R.r3i~.~D7 P~•4I/
Lot # 126$ Section II , in that certain condaninium
known as OUTOOOR RESORTS OF AMERiCA, INC. AT NETTLES ISLAt~D, -
as shown by plat recorded in the office of the Circuit Court
in and for St. Lucie County, Florida, in Plat Book 16, page .
1: lA through 1J . ~
In Witness whereof, OUTD~?OR RESQRTS OF AMERICA, INC. has caused these presents
to be executed in its name and its corporate seal to be hereunto fixed, by its pro-
per officers thereunto duly authorized.
Dated this ~th day of Septem~er ~g 72
OUTDOOR R SORTS OF RICA, INC. ,
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ATTEST: , .r~~ -
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Signe , sealed n de ivered in the presence of: •:"r'=~
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- (CORPORATE SEAL)
STATE OF TEP~NESSEE
COUNTY OF DAVIDSON
I hereby certify that on this day, before me, an officer duly authorized in
the State and Coanty aforesaid to take acknowledgements, personally appeared
E~ well known to me to be the
President and Secretary, respectively, o Outdoor Resorts of America, Inc., and
that they severally acknowledged executing the same in the presence of two sub-
scribing witnesses freely and voluntarily under authority duly vested in them by
said corporation and that the seal affixed thereto is the true corporate seal of
said corporation,
Witness my hand and official seal ir~ the County and State last aforesaid
thi s 5th day of Se~te,;,ber 19~^.
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fil.EO ANO REC~~`~ Notary Publi c_;:_s,
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IIOCER POITRAS ~r;;;,<.u.:
CtERIC C?R~ U1t COUIIT : ; ~ ~ • • , y~
RECOaOVER~ ~E~~ M~/ COtit(ItlSS1Ot1 @X~iT^CS.: .'`I.r 8~-74~.;--.;~''-
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