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SUBORDINATION 'Z~S$c~ ~
• 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 Mav 12~1973 between Or. Charles R. & Ruth_Rum~ler :
and First National Bank & Tr~si t C°• ;
of Stuart ~on t e fo owing described real e~tate: y~
~~e-~ r~ ~
Lot ~ 327 Section II , in that certain condominium known ~
as OUTDOOR RESORTS OF P.MERICA, INC. AT NETTLES ISLA~D, as ~
shown by plat recorded in the office of the Circuit Court ;
in and for St. Lucie County, Florida, in Plat Book 16, page
2:1A through 1J.
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7
In Witness whereof, OUTDOOR RESORTS OF AMERICA, INC. has caused these presents ~
to be executed in its name and its cor~orate seal to be hereunto fixed, by its pro- ~
per officers thereunto duly authorized.
Dated this 18th day of June 19 73 i
_ ~
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OUTDOOR RESORTS OF AM RICA, INC. • Y
BY z~-U ~
Presiden ~
~ ~
8
ATTEST: `
~ C~,Q/j ~ ~
: , , y'(~,
; Secretary - . - . " .
~ . ' ~ .
€ Si n d, sealed d delivered in the presence of: _ ~
i - G e. - -
i * - _ F;; '
f ~ S - . : .
F ~ ~~~.Y : ~f ' , \
_ .~~/p~L l
- ~ , .f,,:..,
~ (CORPORATE SEAL)
~
F 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
~ E. Randall Henderson. Jr. and Charlotte A. Cole well 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 s~b- ~
~ 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
f- said corporation. -
~ ~
Witness my hand and ofr'icial seal in the County and State last a,foresaid
= this 18th day of June 19 73.
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~~LED ehC 'r.EC'vnCED otary,..r,~4b~ti.. :
S1.lUC1~ wUN7Y fLA. C~ • . ,
~ F"uG~ °fi1T~l.S • . .
CLEF:r. .'Ji? COURT ~ '
- FEC~r~~':~•,. My comniss~'~?n~~4xP.ires: ~.~~9;5-76
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