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ASSIGNMENT OF MORTGAGE
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For a valuable consideration, the undersigned Mortgagee hereby assiqns to ~
Associates Capital Corporation, ~ose resident and~post office address is
601 Broadwa~y,•~~ashville, Te~nessee ~7203,*hat certain mortgage executed by
Narr P. and Reqina T. Ovrin s , as Mortgagor to Outdoor Resorts of America, ~
nc., at~d • 9_74 , and f ed for record in the Public Records in and/for
St. Lucie County, ori a, ~-'n OR Book o , page ..?US , which mortgage encumbers
'the following described real estate in sa~d county to w~t:
Lot No. 126 , Section II_ , in that certain condominium known as OUTOOOR
RESORTS OF AMERICA AT NET-- TLES ISLAND, as shown by plat recorded in the Office
of the Circuit Court in and•for St. Lucie County, Flurida, in Plat ~ook 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 Oeclaration
of Condominium, as amended, filed in the Publ~c Records of St. Lucie County, Florida,
in OR 8ook 192, page 821, to the lien and encumberance of the mortgage hereby assigned. _
Dated this 22nd day of July 19~_• . ~
OUTDOOR RESORTS OF AMERICA, INC./MORTGAGEE
;
BY ~ ~
resident
ATTEST: .
_ .
Secretary .
Si gned, seal ed and del i vered i n the presence of : ?
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( STATE OF TENNESSEE ~
= COUNTY OF DAYIDSON -
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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. 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 subscribing ~,rit~esses freely and
voluntarily under authority duly vested in them by said corporation and that the seal
affixed thereto is the true corporate sea-~ of said corporation.
~ Witness my hand and official seal in the County and State last aforesaid
~ this 22nd day of Ju1Y i9 74 . ,
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My comnission expi.res:_~~~9-5+76..
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