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ASSIGNMENT OF MORTGAGE .
~or a valuable consideration, the undersigned Mortgagee hereby assiqns to
Associates Capital Corporation +~ose resident and post office address is 601 Broadwa~y,
Nashville, Tennessee 37203 15222, that certain mortgage executed by ~
nr, c~.inter Erner , as Mortgagvr to Outdoor Resorts of America,
Inc., ate 975 and ~ e for record in the Public Records in and/for
St. Lucie County, or a,~OR Book 4~ L , page 3 2 , which mortgage encumbers
the followinq descr~bed real estate in sa county to wit:
Lot No.- 16-3- Section in that certain condominium known as OUTDOOR
RESORTS ~F AMERICA AT NE TLES ISLAND, as shown by plat recorded in~the Office
of the Circuit Court ia and for St. Lucie County, florida, in Plat Book 16,
page 1:1A 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 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__~~t__,_day of Jw,e 19 75 .
~ QUTO R RESORTS OF AMERICA, INC.JMORT6AGEE
BY 'lti ~
~ vi President
S~
WCIE COtlNTY f~A.
ATjE$T ; ROCER r0lTRAS
' % . ~ CLERK CI~CUtT CaURT
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f RECORD vERIf1E0~~
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secretary JIi113 12 4o PN'~5
Signed, sealed and delivered in 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 appea ~eo~ M.
Blackburn Jr. & Philli L. parsoris , well known to me to be the P~ en an
; Secretary, respectively, of Outdoor Reso~ts of America, Inc., and that they severally
~ acknowledged executing the same in the presence of two subscribing witnesses freely and ~
! voluntarily under authority duly vested tn 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 4th day of J~e 19
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