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~ ASSIGNMENT OF MORTGAGE
For a valuable consideration, the undersigned Mortgagee hereby assiqns to
Associates Capital Corporation whose resident and post office address is 601 6roadway, -
Nashville, Tennessee 37203 15222, that certain mortgage executed by
' , as Mortgagor to Outdoor Resorts of America,
Inc., dated S 9_74 , and f~led for record in the Public Records in and/for
St. Lucie Coun y, Flor~ a, in OR Book 3.s'' , page ~.295 which mortgage encumbers
the following described real estate in said county to wit:
Lot No. 112 , Sectipn 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, Florida, i~ Plat Book 16, ;
page 1: lA through 1J . ~ ;
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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 Dec'laration
c~f 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 n~t~t;er 19 ~ .
OUTDOOR RESORTS OF AMERICA, INC./MORTGAGEE ,
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BY ~ G,~',-~!/ x,-f~~ , - ~
_ resi ent ;
ATTEST: - `
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'~w~~~ ~ C1~-''/~t/ji•iJ~ -
Asst.Secretary
Signed, sealed and delivered in the presence of: -
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COUNTY~OFTOAYIDSON - ~ I~ ~ ~ ~7~ I ' .•~l-~~~ .
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E 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 Phillin L_ Parcenc , well known to me to be the President and
~ Secretary, respectively,'of Outdoor Resorts of America, Inc., and that they severally
~ acknowledged executing the sam~~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. ~
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~ Witness my hand and official seal in the County and~S~.te;~,last aforesaid ~
; this day of October 19,1~. ..~:}T~.,~
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