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ASS I GNMENT QF NpRTGAGE ~
328~.~,Z
For a valuabl~ consideration. the undersigned Mortgagee hereby assiqns to .
Associates Capital Corporation, ~~ose resident and post office address is.
601 6roadwa~y,~ Nashville, i'ennessee 37203, ~hat certafn. aqrtgage executed by -
; as Mortgagor ta Outdour Resorts of America,
nc., ate.~~ 9~ 7S , an le f r record in the Public Records in and/for
St. Lucie County, Flor~aa, in OR Book a~ , page ~ 7$, wnich mortgage ercumbers
. the following described reai estate in sa d county to
w-~t: .
tot No. 664 , Section~I, in that certain condaninium icnown as OUTDOOR
RESORTS OF AMERICA AT NETTLES ISLANQ, as shown by plat recorded in the Office
of the Circuit Court in and for St. Lucie Countjr, Flurida, in Plat Book ~6;
_ page 1: lA through 1J . ~~;~F~s .
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together ~vith a note secured thereby with interest tiiereon,frnm date of-said note.
Outdoor Resorts af America, Inc., as dev~loper and assignor~hereunder hereby does
subordinate the reserveQ right of the developer under Article XI_of the Declaration
~o~ Condominium, as_amended, filed in the Public Records of St. Lucie County, Florida,
i~ OR Book-192, pags 821, to the lien anb encumberance of the nartgage hereby assigned.
Datedlthis 21 th day of December 19 75 .
. OUTb00R RESORTS OF AMERICA INC./MORTGAGEE
- BY . .
~ _ ~ ~ce res~ ent
A1TE ST : ~I ~ ~~~i~ caw~Y rt~?. ~
~ ~ ~ _ 04~~ po~tlu
CLERK C~A~WT
Secretary _ - ~[caao vfR~ ~Ed
Signed, sea~ed and delivered in the resence of: ~ u ~~16 .
P - 328i~2
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j STATE OF TENNESSEE - , ~ ° ~ r~' , ~,r ~~v ~ ~ .
; COUNTY OF DAVIDSON . O -
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~ I hereby certify that on this day, before me, an officer'~duly ai~~hori~gd in tF~
State and County afore i~i t take acknawledgements, personally appear~
a eorge .
Blackburn, Jr.& Ph~~~~p Parsons y~~~ known to me to be the PrL~ ent and
Secretary, respectively, of.0utdoor Resorts of Art~rica, Inc., and that they severally
acknowledged executing the same in the presence of~two subscribing~witnesses freely and
vol6ntarily under authority duly vested in them by said corpo~~3tion and that the seal _
affixed thereta is the true corporate seal of said corporation._
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Witness ~r hand and official seal in the County and Stnt` ,~att;,~~'~said ,
this ~ 12th day of-December 19 75 . . ~~'3 ~ -
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