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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 Condomini , s amended, filed in the Public Records of St.
Lucie County, Florida, in OR B 2 0 lien and encwnberance created by
a mortgage instrument dated etween Dr. David J.~OfPenbach and
Enid R. Offenbach and Firs a ona an rus o.
of Stuart on t e o ow ng escr e rea estate: O ~e ~ i a o/St-
Lot # 845 Sectio~ II , in that certain condominitnn known -
as OU D R RESORTS~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, OUTOQOR 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 ~February 1973 ,
OUTDOOR RESORTS OF AME ICA, INC.
BY
~ res ent
ATTEST: ,
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Si g~ed ealed a del i vered i n the presence of : " "f
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~ ~~eo01~1~~i~. (CORPORATE SEAL)
OQEB rOR ; \
2616 c~E~« c~Rcurr aov~ ~
8~' ItEC0~t0 YERiFtEO~
COUNTY~OFTDAVIDSON I Si PM ~73
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 Kin ree, III well kno~m to me to be the
President and Secretary, respective y, of ut oor 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 Sta~e last aforesaid
Februar 73 , r • :
~ this 14th day of Y 19 .
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