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SUBORDINATION
OUTDOOR RESORTS OF AMERICA, INC., a Tennessee corporation, as a developer,
hereby does subordinate the reserved 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 Bo c 192, to the lien and encumberance created by
a mortgage instrument dated ~ ~ between Donald S. ~Lee ~Astile
~ and First ationa Ban & Trust Co.
o uar on t e fo owing descr~bed real estate:
l.ot ~ 72 Section I, in that certain condominium known
as OUTDOOR RESORTS~F AMERICA, INC. AT NETTL~S ISLAND, as
shown by plat recorded in the office of the Circuit Court
in and for St. Lucie County, Florida, in Plat Book 16, page
1:1A through 1J. -
~
In Witness whereof, OUTDOOR RESORTS 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 th~s l~h „day of A~ril 19~. ~
~ OUTOOOR RESORTS OF RICA, INC.
BY ~ ~
res~ ent ~
• -
ATTEST:
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Secr ary ~ ° ~ ; 7
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Sign , sealed and deli'vered in the presence of: ~
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L~~ s~~~ > . ~ ~ 1 ~ 1
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(CORPORATE SEAL)
~
I
~ STATE OF TENNESSEE
E COUNTY OF DAVIOSON
i
I hereby certify that on this day, before me, an officer duly authorized in
the State and County aforesaid to take acknowledgements, personally appeared
; E. Randall Henderson, Jr. and Ben Kingree, III well known to me to be the
~ President and Secretary, respective y, of 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 in the County and State.las~ aforesaid
this i8th day of A~ril 19~. „
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