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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 0 ok 19 to the lien and encumberance created by
a mortgage instrument dated ti"~~ between ~p„p r,_ ~ aQnal~ xiril~
and
~f Stuart on t e fo owing describe real estate: _ Zn82
Lot ~ aon Section_~, in that certain condominium known
as 0l1TDOOR 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 6ook 16, page
1:1A through 1J.
In Witness whereof, OUTDOOR RESORTS OF AMERICA, INC, has causpd 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 14~day of March 19~.
OUTDOOR ESORTS OF ERICA, INC.
• BY~ ~~Gf' ~ .e9r! -
President
. .'..31r•.
ATTEST: . • . ,
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Se reta : ` : : ; _ , ~ ~
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Si gned, s al ed and 1 i vered i n the presence of :
' 261'724 ~ _ , ~ -
~~7'~ ~C~2'~/l~ L D EC O
i CIER~K C RCUIt COURT \
; RECORD YERif1E0.~...~.... (CORPORATE SEAL)
~ Auc 11 2 il PN'T3
~ STATE OF TENNESSEE
; 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
; ' 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
t said corporation and that the seai affixed thereto is the true corporate seal of
6 said corporation.
Witness my hand and official seal in the County and.$tate last aforesaid
' thi s 14th day of~~r~h 19. 73 . .
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