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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 OR Book 192, to the lien and encumberance created by
a mortgage instrument dated A~ ' 1973 between~Pr~ld E. &~Inrma F. Kiltaire ~
and Fi ~rst Nati onal Bank E~ Tr ~c _('o _
of Stuart on t e fo owing described real estate: a
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Lot ~ 418 Section II , in that certain condominium known
as OUTOOOR 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 Book 16, page
_ 1:1A through 1J.
In Witness whereof, OUTQOOR 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 8th day of June 19 73.
OUTDOOR RESORTS OF AMERICA, INC.
BY~ ,
res~dent
ATTEST: ~
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Secretary ~ - _
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Si gned., ~ eal ed and del~i vered i n the presence of :
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~ (CORPORATE SEAL)
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3 STATE OF TENNESSEE ~
~ COUNTY OF DAVIDSON
~
~ I hereby c~rtify that on this day, before me, an officer duly authorized in
~ the State ~nd County aforesaid to ~tak2 acknawledg~ments, personally appeared
E Randall Henderson Jr and Charlotte A Cole well known to m~ to be the
~ flresident and Secretary, respectively, of Outdoor Resorts o` 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 co~•porate seal of
~ said corporation.
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- Witness my hand and official seal in the County and State last aforesaid
this 8th day of June 19 73.
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