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~ OUTDOOR RESORTS OF A~!ERICA, INC., a Tennessee corporation, as a developer,
hereby does subordinate the reserved right of the developer under Article XI of
the Declaration of Condoininium, as amended, filed in the Public Records of St.
Lucie County, Florida, in OR Qook 192, to the lien and encumberance created by
a mortgage instrument dated March 26,1973 between ~alkon f.onstruction Corporation
and First Nati~nal BaRk & Trust Co.
of Stuart on t e fo owing described real estate: e~ s a~-
Lot ~ 562 Section II, in that certain condominium knotivn
as OUTDOOR RESORTS OF AMERICA, INC. AT NETTLES ISLAND, ~s
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 A~4ERICA, 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 Qth day of May 19 73 .
OUTDOOR RESORTS OF RICA, INC.
BY~ ~u~~ ~~t~,~
President
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A7TEST: ~ >
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Sic~ned, sealed and del' ered in the presence of: N'` -
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(CORPORATE SEAL)
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~ STA~E 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
~ E. Randall Henderson, Jr, and Charlotte a. Cole ~r~ell known to me to be the
~ President and Secretary, respectively, 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
~ 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 and Stdtez=~'a~'traa'foresaid ~
this 9th day of Mav 19 73 ~ " ~
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