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ASSIGNMENT Of h10RTG11GE ~~9~~~
For a valuable consideration, the ~ndersigned Mortgagee hereby assigns to
Associates Capital Corporation, whose resident and post office address•is
601 aroad~vay,~ ~~ashville,, Te:~nessee 37203, ±hat certain mortgage executed by
Herbert & Reda E. Price , dS M01^tgdg0l^ to Outdoor Resorts Of Americd,
Inc., dated october 14, ~g ~3 , and filed for record in the Public Records in and/for
St. Lucie County, Flori a, in OR Book page ~G 3-, which mortgage encumbers
the following described real estate in said county to wit:
Lot No. 689 , Section II , in that certain condominium known as OUTDOOR
RESORTS OF AhiERICA AT NETTLES ISLAND, as shown by plat recorded in the Office
of the Circuit Court in and for St. Lucie County, Flurida, in Plat Book 16, -
page 1:1A through 1J.
together with a note secured thereby with interest thereon from date of said note.
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
of Condominium, as amended, filed in the Public Records of St. Lucie County, Florida,
in OR Book 192, page 821, to the liQn and encumberance of the mortgage hereby assigned.
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Dated thi s 28~ day of Ja"uar~' 19 ~4 . - ~
OUTDOOR RESORTS OF AMERICA, INC./MORTGAGEE
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BY x~~~' ~
. Pre i dent _ -
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ATTEST: ~
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l Secretary ~ -
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; ' ed, sealed and d i~tered in the presence of: : -
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( G~~', "~"/I/
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~ (CORPORATE SEAL) r
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STATE OF TENNESSEE
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, personally appeared E. Ranaaii
Henderson, Jr. & Charlotte A. co~e , well known to me to be the President and
' Secretary, respectively, of Outdoor Resorts of America, Inc., and that they severally
acknowledged executing the san~e in the presence of two subscribing witnesses freely and
yoluntarily 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 State last aforesaid
~ this 28~ day of January ~g 74
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