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.ASSIGNMENT OF MORTGAGE ~ ~ .
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. For a valuable c.onsideration, the undersigned Mortgagee hereby assigns to
Associates Capital Corporation +~ose resident and post office address is 601 Broadway, j
Na~hville, Tennessee ~37203 15222, that certain mortgage executed by
c. & I.i a J schultz ,.as.Mortgagor to Outdoor Resorts of America, ~
nc., date 9-75 and f~le for record in the Public Records in and/for
St. Lucie County, or a, ~'n OR Book 2 , page~_, which mortgage encumbers
the following described real estate in sa~d county to w~t:
Lot No. 7 , Section II , in that certain condominium known as OUTDOOR !
RESORTS F AMERICA AT NETTLES ISLAND, as shown by plat recorded in the Office '
of the Circuit Court in and for St. Lucie County, Florida, in Plat Book:16, . '
page 1:1A through 1J.
~50~ -~G/-G93 ~-G~d ~
together with a note secured thereby with i~terest therean from date of said note.
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Outdoor Resorts of America, Inc., as developer and assignor hereund~r 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.
OateG this~_day of J~ 19~_. • _
' OUTDOOR RESORTS OF~AMERICA, INC./hIORTGAGEE
BY ~ ' L .
° vice- Presi nt ~
ATTEST: '
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, C~2~?-l~c.~t~
Secretary ~
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Signed, sealed and de 'vered in the presence of: '
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RF!'OR~ YFt~~IED.~..,~~ ; - p
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STATE OF TENNESSEE ~ ~ ~ 39 ~~I ~7~ . t~; = . i
COUNTY OF DAVIDSON ~ ~ ~ ~t•• -
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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 appea~~ M. 5
' Biackburn. 7r. & Phillip L. Parso~zs , well known to me to be the Pr~e ~dent and '
~ Secretary, respectively, of Outdoor Resorts of America, Inc., and that they severally
~ acknowledged executing the same in.the presence of two subsc~ibing witnesses freely and ~
~ voluntari7y under authority duly vested in them by said corpora~~ton and that the seal t
affixed thereto is the true corporate seal of said corporatioQ:••~~~~..-. ~
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~ Witness n~y hand and official seal in the County and S~,.~gSY'~~Q~3aid }
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~ th i s 27th day of Jwne 19 75 . - C • . ~
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