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ASSIGNMENT OF MORTGAGE
For a valuable consideration, the undersigned Mortgagee hereby assiqns to
Associates Capital Corporation, ~ose reside~t and~post office address is
601 8roadwa~y,~~lashville, Te~nessee ~7203,*hat certain mort9age exe~uted by
R b rt S, and Carol M. Ernst , as Mortgagor to Outdoor Resorts of America,
nc., ate M 9 , an e for record in the Public Records in and/for
St. Lucie County, ori a,~n~R Book~ , pagel3eO , which mor~gage encun~ers
'the folloNing described real estate in sa d county to wit:
Lot No. 531 , Section II , in that certain condomi~ium known as OUTBOOR
RESORTS F AMERICA AT NE?TLES ISLAND, as shown by plat recorded in the Office
of the Circuit Court in and for St. Lucie County, Flurida, in P1at Book 16,
page 1: lA through 1J .
together with a note secured thereby Nith interest thereo~ 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 P.ublic Records of St. Lucie County, Florida,
in OR Book 192, page 821, to the lien and encumberan~e of the mortgage hereby assigned.
. Dated this 12th day of September 1g 74 , ~ ~ '
OUTDOOR RESORTS OF AMERICA, INC./MORTGAGEE
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res~dent
ATTEST : ~
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Sig d, sealed and delivered in the presence of:
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~ STATE OF TENNESSEE ~ ~ " 4
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COUNTY OF DAVIDSON - '-`:~..'k-'~C'-
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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 Phillip L. Parsons , well known to me to be the President and
# Secretary, respectively, of Outdoor Resorts of America, Inc., and that they severally
~ acknotirledged executing the sam~e in the presence of tr~o 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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~ Mitness my hand and official seal in the County and State last aforesaid
~ this 12th day of September 19 74 .
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