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r1SSIGNMENI' OF MORTGAGE i
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For a valuable consideration, the undersigned Mortgagee hereby assiqns to
Associates Capital Corporation,.~ose resident and post office.address is
6Q1 Broadw~y,~Nashville, Tennesse 7203,that certain mortgage executed by
C s . he herd & Doroth he herrdas Mortgagor to Outdoor Resorts of America,
nc., ate Jul 18 9 7S , an f ed for record iq the Public Records in and/for
St. Lucie County, or a, ~n 6ook, ~/fq_ , page 5~70 , which mortgage encumbers
the_following described real-estate in sa~d county to
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~ Lot No. 515 , Section ~i , in that`certain cond~minium known as OUTOOOR ~
RESORTS F AMERICA AT NE~ES~ISLAND, as shown by plat recorded in the Office
of the Circuit Court in and for St. Lucfe County, Flurida, in Plat 8ook 16, -
page 1:1A thrau~gh 1J. ~ ~wPw,~~~-~ .
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togethe'r with a note secur~d thereby with interest thereon from date af ~aid note.
Outdoor Resorts of America, Inc., as developer and assignor hereunder hereby does
subordinate the reserved right of the developer e~nder Article XI of the Declaration
of Condaninium, as amended, filed i2 the Public Records of St~.•Lucie County, Florida,
in .QR Book 192, page 821, to the .lien and encumt~rance of the mortgage hereby~ assigned.
Dated this 12th day of pecember 19 75,_,_: ~ _
~ OUTOOOR RESORTS OF AMERICA, INC./tiORTGAGEE
~ BY . • ~ -
. _ c res~ en FiLEO AN9 RECORpED
ST. lUC1E -COUNTY FlA.
ATTEST: - CIERKGC R UIT~A
RECORD YERIr1E0
: se~retary ~ , ~ FEe 16 ? IM'75 -
Signed, sealed and delivered in the presence of:
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j STATE ` OF- TENNESSEE ' . ,''f' t, .
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~ COUNTY OF DAVIDSO~~ -
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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~d ~eo M.
slackburn, Jr Phillip L. parsons, wel l known to rie to be the P ent and -
Secretary, respectively, of Outdoor Resorts-of A~rica, Inc., and that they severally
acknowledued executing the same in the presence of two subscribing witnesses freely and
voluntarily under authority duiy vested in them by said corporation and that the seal
affixed thereto is the true corporate seal of said corporation.- _
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thiSNitness mY dan ofnd official se19 in the County and State..'~~st ~for.esaid .
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