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ASSIGNME~~T OF MORTGAGE '
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For a valuable consideration, the undersigned Mortgagee hereby assiqns to
Associates Capital Corporation, whose resident and post office address is
601 Broadway,~~~ashville, Tehnessee ~7203,that certain mortgage executed by
1 F. Nanle , as Mortgagor to Outdoor Resorts of America,
Inc., dated 974 and filed f r record in the Public Records in and/for
St. Lucie County, lori~a, i-
n~R Book page , which mortgage encumbers
the following described real estate in said county to
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Lot No. 1089 , Section II , in that certain condominium known as OUTDOOR
RESORTS OF AMERICA 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 lien and encumberance of the mortgage hereby assigned.
Dated th i s~_day of May 19~_.
Ol1TD00R RESORTS OF AMERICA, INC./MORTGAGEE
BY ~ .l~ -
re ~dent
ATTEST: ~
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ecretary
Signe , sealed and delivered in the presence of: .
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, (COR#.'~RATE: ScAL,~;_ ~ !
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~ STA7£ OF TENNESSEE ~ ' QC~}
COUNTY OF DAVIQSON ~ .
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I hereby certify that on this days before me, an officer duly authorized in the
State and County aforesaid to take acknowledgements, personally appeared E. Randall
HpndPrcnn, .lr }~sharlntte A_ ('nlP , well known to me to be the President and ;
Secretary, respectively, af.0utdoor Resorts of America, Inc., and that they severally
ackno~~rledged executing the same in the presence of two subscribing 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.
Witness my hand and official seal in the County and State last aforesaid
~ this 15 day of Mav 19 74 _
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