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' SUBORDINATION ~~~3~ . ,
OUTOOOR RESORTS OF AMERICA, INC., a Tennessee corporation, as a developer, ~
hereby does subordinate the reserved right of the developer under Article XI of ~
~ the Oeclaration of Condominium, as amended, filed in the Public Records of St. ;
~ Lucie County, Florida, in OR 8ook 192, to the lien and encumberance created by =
~ a mortgage instrument dated July 30, 1976 between John T. Ca chael and y
~ Rosemarie Carmichael his wife(OR260 Pa e 8 d First National Bank & Trust Company ~
i of Stuart on t e fo owing escr e real estate: ~
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Lot l 8 Section~, in that certain condominium known ~
as OU DO R RESORTS OF AME4ICA, I~C. AT NETTLES ISLAND, a~
sho~~rn by plat recorded in the office of the Circuit"~ourt
in and for ~t. Lucie County, Florida, in Plat Book 16, page
1:1A through 1J.
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In Witness whereof, OUTDQOR RESORTS OF AMERICA, INC, has caused these presents ~
to be executed in its name and its corporate seal to be hereunto fixed, by its pro- ~
• per officers thereunto duly authorized. ~
Dated this 8th day of November 19~• ` ~
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~k~' r 1~ ~UTDOOR RESORTS OF AMERICA, INC. ?
~L11CIE CO '
' 110af r POttIl~f ;
~ ~ 4~ERK C1~CdIT COURT ~
i a~cok~ vE~ ~F~ED----= BY resident ~ ~
~ t1- I 3a PM'~6
ATTEST: '
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ecretary
Signed, seal-ed and delivered in the presence of:
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STATE OF TENNESSEE r~ - "'`'t~`~'~ ~
COUNTY OF DAV I DSON ' ` ~ ~ ' `
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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 acknowledsements, personally appeared =
Georqe M. Blackburn~ Jr. and_Phillip~ Pars well known to me to be the Vice =
President and Secretary, respective y, of Outdoor Resorts of America, Inc., and
that they severally acknowledged executing the same in the presence of two sub-
scribing 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. •
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Witness my hand and official seal in the County and State last aforesaid '
' this 8th day of November 19j~•
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--ROtd-~CJ 1 C . ;
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My comni ss i on ekpi res
M~i ~rt~missiat Expires October Z8, 1980
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