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ASSIGNMENT OF MORTGAGE
For a valuable consideration, the undersigned Mortgagee hereby assiqns to
Associates Capital Corporation, Whose resident and post office address is
601 Broadway,~~~ashville, Teanessee 37203,that certain mortgage executed by
Fraiik ~'ertiis, ~r. ~ Jaraes 3owling , as Mortgagor to Outdoor Resorts of America, '
Inc., dated ~ui1G , g% , and filed for record in the Public Records in and/for ~
St. Lucie County, Florida, in OR Book ~~-o , pages y1 ,~Nhich mortgage encumbers `
the following described real estate in said county to wit:
Lot No. lo"'~ , Section II , in that certain condominium known as QUTOOOR
RESORTS OF AtAERICA AT NFTTLES ISLAND, as shown by plat recorded in the Office
of the Circuit Court in and for St. Lucie County, Fluri~~, in Plat Book 16,
page 1:1A through 1J. -
together with a note secured thereby with interest thereon from date of said note.
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Outdoor Resorts of America,'Inc., as developer and assignor hereunder hereby does ,
subordinate the reserved right of the developer under Article XI of the Declaration i_
of Condominium, as amended, filed in the Public Records of St.~lucie County, Florida,
in OR Book 192, page 821, to the lien and encumbera~nce_ of the~mortgage hereby assigned. p`
Dated this 28th day of Au~'St lg ~3 ' ~
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OUTDOOR RESORTS OF AMERIC , INC./MORTGAGEE
BY I ~zs~rr '
res~dent
ATTFST - •
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Secreta?y . - _ ~
' ned, sealed a d delivered in the presence of: :
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_(CORPORATE SEAL)
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' STATE OF TEP~NESSEE
~ COUNTY OF DA~'IOSON
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~ I hereby certify that on this day, before me, an officer duly authorized in the ~
~ State and County aforesaid to take acknowledgements, personally aapeared E. Randall ~
ftenderson, .7r. ~ Cnarlotte A. Cole , well known t0 me t0 be the President and j
~ Secretary, respectively, of Outdoor Resorts of America, Inc., and that they severally ;
~ acknowledged executing the same in the presence of two subscribing witnesses freely and ~
~ voluntarily under authority duly vested in them by said corporation and that the seal i
~ affixed thereto is the true corporate seal of said corporation. ~
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~ Witness my hand and_official seal ir~3the County and State last aforesaid
~ this `3t'' day of t~ayust 19
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