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SUBORDINATION 256S~.Q
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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 ~t. ~
Lucie County, Florida, in OR ok 1,~o the lien and encumberance created by ~
a mortgage instrument dated etween nr_ .lnhn R_ $~itip ;
and F~e~t Nat~nnal Rwn~ ~ Tri~ct (_n_
nf t ~~art on t e fo owing descri ed real estate:
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Lot 434 Section~II , in that certain condominium known
as OUTDOOR RESORTS OF AMERICA, INC. AT NETTIES 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 19J~• ~
~ OUTDOOR RESORTS OF AM CA, INC.
BY 1~ -
res~ ent
ATTEST: ~ .
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Signed, s aled and livered in the presence of: ~a ~t~c =
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~ (CORPORATE SEAL)
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~ STATE OF TENNESSEE '
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~ 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, personally appeared ~
~ E Randall Henderson Jr and Bgn Kingree. III well known to me to be the ,
President and Secretary, respectively, of Outdoor Resorts of America, Inc., and '
~ that they severally acknowledged executTng the same in the presence of two sub- ~
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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. ~
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= Witness my hand and official seal in the County anct`St~t~~ last'.-aforesaid
thi s 14th day of March - 19 73 ~ F : ~ - ' ' :
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