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ASSIGNMENT OF MORTGI~GE
For a valuable consideration, the undersigned Mortgagee hereby assiqns to
Associates Capital C~rporation, Whose resident and post office address is
641 Broadway,~~~ashville, Tehnessee ~7203,*hat certain mortgage executed by
, as Mortgagor to Outdoor Resorts of America,
Inc., dated 9 , and filed fo~r record in the Public Records in and/for
St. Lucie Cou~nty,~lorida, n OR Book ..2-~d' , page~, which mortgage encumbers
the folloKing described real estate in said county to wit: .
Lot No. 1 9, Section II , in that certain condominium known as OUTOOOR
RESORTS
O~RICA 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 rrith 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 this~~_day of tq v 19 74 .
QUT~OOR RESORTS OF AMERICA, INC./MORTGAGEE
BY l~- ~.1~~
Pres i ent
ATTEST:
ecretary
Sign , sealed and delivered in the presence of:
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- I hereby certify that on this day, before me, an officer duly au:horiied in the
State and County aforesaid to take acknowledgements, personally appeared E. Randall
uo.,~o.~~~ ,tr ~ Chwrlnttg A_ CnIP , well known to me to be the President and
Secretary, respectively, of Outdoor Resorts of America, Inc., and that they severally
acknowledged executing the sar~w in the presence of two subscribi~g witnesse~ 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 May 19 74 .
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