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256501
SUBORDINATION
OUTDOQR 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 Coun~y, Florida, in 0 k~2, to the iien and encumberance created by
a mortgage instrument dated betweenHarolc~ W, and~Ail~n E. Near
~ and_ First (~ational Bank b Tr~st_rn, ;
of Stuar~ on the fo owi ng described real estate: 1,,.~--,~ u. i3,6. ,~1-~ ~
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Lot ~ 435 Section II , in that certain condominium known ?
as OUTDOOR RESORTS OF AMERICA, INC. AT NETTLES 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 this 14th day of March i9 7~, ~
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OUTDOOR ESORTS OF E ICA, IN
BY
res~d nt
ATTEST:
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Si gned eal ed an el i vere i n the presence of : a`~~ ' t~; ±
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fILE4 t~; ~ G~HDED
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c~E:++ , ::~=f cou~T (CORPORATE SEAL) -
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STATE F TENN ~Ni11 I j 23 AN ~~3 ~
0 ESSEE 25~501 ;
COUNTY OF DAVIDSON
I hereby certify that on this day, before me, an officer duly authorized in
the State and County aforesaid to take acknowledgements, personaliy appeared
E. Randall Henderson, Jr. and Ben Kinqree, III well known to me to be the
President and Secretary, respectively, of Outdoor Resorts of America, Inc., and
that th~y 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.S~~1~e last aforesaid
this 14th day of March 19 73 . ~r ~
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