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SUQORDINA7ION
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OUtD00R RESORTS OF AMERICA, INC., a Tennessee corporation, as a developer,
hereby does subordi~nate the reserved right of the developer under Article XI of ~
the Declaration of Condominium, as an~ended,.filed in the Public Records of St.
Lucie County, Florida, in OR 8ook 192, to the lien and encumberance created by
a mortgage i ns trument dated .~.D~3 between Denn~ Su~,~l ~n
• . and ~~sen ~~ach Bank •
- on the fo owing describe real e~tate: g ~
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Lot ~ 452 Section_~, in that certain condominium known
as OUTDOOR.RESORTS OF AMERICA, INC. AT NETTLES ISLAND, as
shown by plat recorded in the OffiC~ of the Circuit Court ,
in and for St. Lucie County, Florida, in Plat 6ook 16, page t
1:1A throagh 1J. ~ ~
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In Witness whereof, OUTDOOR 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,
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Dated this llth day of December 19 73, i
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OUTDOOR R TS ~F AME CA, INC. '
BY ~iir.~l~~ .
' resident
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Secretary S
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Si gned, s~aled and del i vered i n the presence of : ~tti Cq ;
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STATE OF 7ENNESSEE i
COUNTY 'OF DAVIDSON :
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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, personall~ appeared
E_ Rand~ll HPnderspn~ lr_ a f.har~ttA A r.~~P well kno~~m t0 me t0 be the
president and Secretary, respectively, of Outdoor Resorts of 1lmerica, Inc., and
that _they severally acknot~ledaed executing the same in the presence of two sub-
scri5~nn witnAsses freely and voluntarily unc~er a~thority duly vested in them by
said corporation and that the seal affixed thereto is the true corporat~ seal of
said corporation. _ , „
Witness my hand and official seal in the County ar~d State-~~"s;~ aforesaid
this l lth day of ~prgn~r 19J~. ~~:~-Ft;
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