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2b~ 6~2 SUBORDI ~.4 i :v;r
OUTDOOR RESOR7S OF AriERICA, INC. , a Tennessee corporation, as a~deve~oper,
~ hereby does subordinat~. the reserved riqht of the developer under Artic~e XI of ~
the Oeclarati on of Condomi ni um_, 4s amended, fi 1 ed i n the Publ i c Records of Sfi.
Lucie County, Florida, in OR dk the ]ien and encumberance created by
a mortgage instrume~t dated bet~,reen_ Fa~st~nd Fait „~~scio?i '
' and Fj rst National Bank, b Tr
~c.~t C~=
on t e o oti~~i ng escri e rea estate : fjn 2t,~ q q g of Stuart
Lot R 1178 ~Section II in that certain condominium
kno~,rn as OUTDOOR RESOR~F AMERICA, IF~C. AT NETTLES ISLAPIO,
as sho~vn by plat recorded in the office of the Circuit Court
in and for St. Lucie County, Florida, i n Plat Book 16, page -
1:1A through 1J.
In Witness whereof, OUTDUOR RESORTS OF AM~RICA, I~~C. has caused these presents
to be executed in its name and ~ts corporate seal to be hereunto fi~xed, by its pro-
per officers thereunto duly authorized.
Dated this Qqth day of March 19~_- ~ .
OUTDOOR RESORTS 4F AMERICA, IIYC..
BY r - ~
res ent ~
ATTEST: .
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Secr ary . •.t~~~
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Si d, sea l and deli vered i n the presence of , y,
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_ _ (CORPORATE SEAL)
STATE OF TENNESSEE
COll~1TY OF DAVIDSON -
I hereby certify that on this day, before me, an officer duly authorized in
the State and County aforesaid to take acknoviledga-rents, personally appeared .
i E. Randall Henderson. Jr. and Ben Kingree. III well knotvn to me to be the
'f President and Secretary, respectively, nf Outdoor Resorts of America, I~c:, and
that they severall.y acknotivledged executing the sam~ in the presertc2 0~ t«o sub-
scribing witnesses freeiy and voluntarily under authority duly vested in the~ hy
y said corporation and that the seal affixed thereto is the true corporatP seal of
€ said corporation.
G .
~ ~Jitr~ess r~y hand and official seal in the Cou?~fi,•and State-ias~-a~orasaid
thi s 29th day of March 19 73 . -
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