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ASSIGNMENT OF MORTGAGE `~~~~~`~'3
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For a valuable consideration, the undersigned Mortgagee hereby assiqns to ~
Associates Capital Corporation, Whose resident and post office address is
601 BroadW~y,~Mashville, Tennessee 37203,*-hat certain mortgage~executed by
, as Mortgagar to Outdoor Resorts.of Am~rica,
Inc., date ~ 9__75_._., and.filed for record in the Public Records in and/for
St: Lucie County, or a, in 6R Book ~ S~O , page_~'~, which mortgage encumbers
the follo?ving described real estate in said county to wit:
Lot No. 861 , Section II ,~in that certain condominium known as OUTDO~R
RESORTS QF AMERICA AT NETTLES ISl.AND, as shown by plat recorded in the Office
of the Circuit Court in and for St. Lucie County, Florida, in Plat Book 16,
page 1: lA through 1~? . 0.pPp~ISERS ~ ~5Q~7 -S% /o ~ 7- Od o/9
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together with a note secured thereby with interest thereon f~°om 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 Condomini~m, as amended, filed in the P~blic Records of St. Lucie County, Florida,
in OR Book_192, page 821, to the lien and encumberance of the mortgage hereby assigned.
Dated this lgth day of Febr~ar~ 19~_.
~ OUTOOOR RESORTS OF AMERICA, INC./MORTGAGEE
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ice-preside t
ATTEST: ;
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Secretar
Signed, sealed and deiivered in the presence of:
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STATE OF TENNESSEE ~
COUNTY OF DAVIDSOT~ ~
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j I hereby certify that on this day, before me, an officer duly authorized in the
I State and County aforesaid to take acknowledg~ments, personally appear~
I Blackburn, Jr. & Phillia L. Parsons , well knorm to me to be the Pre ent and
Secretary, reSpectively, of Outdoor Resorts 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 in 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 i8th day of February 19j~_• ,
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3. 9- 56 AM'~~ My corrmissioi~:{~xPireF ,°-?'~~~/~6
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