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ASSIGI~MENT OF MORTGAGE
For a valuable consideration, ~he undersign~d Mortgagee hereby assiqns to
Assaciates Capital Corporation, ~os~ resident and post office address is
601 6roadwa~y,~t~ashvilie, Ten~essc~ 37203,:*•hat certain mortgage executed by
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r~ l 9 B,~~rs , as Mortgagor to Outdoor Resorts of Ameri ca ,
,~j~_, a~e~ for record in the Public Records in and/for
St. Lucie County, Florida, in OR Book , page_ SS!~__, which mortgage encumbers
the following described real estate in sa county to w~t:
Lot No.--816- Section , in that certain condominium known as OUTDOCR . -
RESORTS ~F AMERICA AT NETT ES ISl.AND, as shown by plat recorded in the Office
of the Circuit Coart in and for St. Lucie County, Flurida, in Plat sook 16,
page 1: lA through 1J ~rp~u,sE~s . ~ .
UCf. UNtY . ~oi ~uoa ~o%,
together with a note secured thereby with interest thereon from aate 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 Ceunty, Florida,~
in OR Book 192, page 821, to the lien and encumberance~of the mortgage hereby assignEd.
Dated this 15th day of~c~~ 19Z5 :
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OUTOOQR RESORTS OF AMERICA, INC./F~RT`v~AGEE
BY -
ce- res dent
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ATTEST: ~ - ~ ~oceR ga;r~ .
~~L~ CL[RK CiRGUiT .
RFCAP~ VE111~IE0
Secretary . ~e 16 1 ~a ''6
Signed, sealed and delivered in the presence of: 32$2~ _
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STATE OF TENNESSEE ' ~
, COUNTY ~ OF DAVIDSON - . ~ ' I~ ~ .
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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 acknowledge~nts, personally appea d
Blackburn, Jr. and Phillip Parsons , we11 known to me to be the P~} ent and
Secretary, respectively, of Outdoor Resorts of America, Inc., and that'they severally
acknowledged executirig the same in the presence of two subscribing witnesses freely and
voluntarily under authority duly vested in t~:em by said corpora~ion,;and that the seal
affixed thereto is the true corQorate seal of said corporation.:' `~;;i.~.=* ~
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Witness my hand and official seal in the County and-Stat~e l~s~ drf9resaid _
this 16th day of.December 19~~. -~1_',::
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