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ASSIGNMENT OF MORTGAGE 1 ~
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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,~Nashville, Tehnessee 37203,!~hat certain mortgage executed by
, as Mortgagor to Outdoor Resorts of America,
Inc., ated~^~~~ 9~~ , and filed f r record in the Public Records in and/for
St. Lucie County- ,~lorida, ~'n OR Book . , page,~2o°, which mortgage encumbers
the following described real estate in said county to wit:
Lot No. 1090 , 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 6ook 16,
page 1: lA 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 Decl~aration •
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 this~_day of May 19_~4 .
OUTDOOR RESORTS OF AMERICA, INC./MORTGAGEE
BY ~
res ent
ATTEST:
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ecretary
Sign d sealed and del vered in the presence of:
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(COR~dJ~l7E SFI,1L) ; -
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~ 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
,~;~~r~~n Jr & CharlQtte A Cole , well knor~n to me to be the President and
Secretary, respectively, of Outdoor Resorts of America, Inc.; and that they severally
acknowledged executing the sam2 in the presence of two subsc'ribing 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. 1
Witness my hand and official seal in the County and State last aforesaid
this 15 day of Mav 19 74 • -
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