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ASSIGNMENT OF Mk~RTGAGE ~
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For a valuable consideration, the undersigned Mortgagee hereby assiqns to ~
As ociates Capital Corporation, ~ose re~ident and post office address is
60~ Broadwa~y,~ ~~ashville, Tennessee 37203, :*•hat certain mortg~Qe executed by ~
, as Mortgagor to Outdoor Resorts of America,
nc., ate , an e for record in the Public R~cords in and/for
St. ~.ucie Coun~lor~da,-~n
6R 8ook page 1 , which mortgage encumbers
the~followinq dsscribed real.estate in safd county to
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Lot No. 5~-~--, Section_ I1 , in that certain condominium known as 4UTDOOR ~
RESOR~S ~F AMEhICA AT N~ES ISLANO, as shown by plat recorded in the Office .
of the Circuit Court in and for St. Lucie County, Flurida, in Plat Book 16, ~
page 1: lA thnough 1J ~+~sEns a
• . . ur~. o~~r .~SOd - 5a/ - D y 7'~-00%
together Nith a not~ secured thereby with interest thereon from date of said note.
~ Outdoor Re$orts of America, Inc., as d~veloper and assignor hereunder hereby does ~
subordinate the reserved right of the develoRer under Article XI of the Declaration
of Condominium, as amended, filed in the Public Records of St. Lucie County, F]orida, -
ir. OR Book 192, page 821, to the lien and encumberance of the mortgage hereby assigned.
Dated this 7th da~y of Januarv 19 76 . .
OUTOOOR RESORTS OF~AMERICA, INC./MORTGAGEE_ ~
BY . ri
- : ce-Pres e~.`~ REC~RO~ ~
ATTEST : . - Roc~~~'~s
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ci£Rr ctR~u~t ootstt
~ECOep Ytaff~EO
secretary . . . ~ ~ 7 ~1 AN '~S
Signed, sealed and delivered in the presence of: ~
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~ STATE OF TENNESSEE ~ ~
~ COUNTY OF DAVIDSON ~ ~ ~ ~ 1~
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~ I.hereby certify that on this day, before me, an officer duly authorfzed in the -
~ State and County aforesaid to take ackrtowledgements, personally app~ar~
~l~ckbLrn: Jr. ~ Phi11iR L. Parsons well known to me to be the Pres ent and
Secretary, respectively, of Outdoor Resorts of America, Inc., and that they severally
acknowledged executing the.same in the presence of two subscribir~g witnesses freely and
voluntarily under authority duly vested in them by said~corporation and tha~ the seal -
affixed thereto is the true corporate seal of said corporatfon.
Witness npr hand and official seal in the County and State last aforesaid
this 7th day of Januarv i9 76 . - ~
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