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! SUBJRDINATION '
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~ ~ OUTDOOR RESORTS OF AMERICA, INC., a Tennessee corporation, as a developer, ~
,
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 County, Florida, in OR Book 192, to the lien and encumberance created by
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a mortgage instrument dated_ Oct. 2, 1976 between Milliam F. Mallet~e, Jr. and
Willie R. MallettQhis wife oR 2, paqe'~~C~;~t National 6ank b~ust Corrnan
y
of ~tuart on t e fo owing escri ed real estate:
Lot N 740 Se~tion II , in that certain condominium known
as OUT~OR~RESORTS~F
AMERICA, INC. AT NETTLES ISLAND, as ~
shown by plat recorded in the office of the Circuit Court
in and for St. Lucie County, Florida, in Plat Book 16, page
1:1A through 1J.
In Witness whereof, OUTDOOR RESORTS OF AMERICA, INC, has caused these presents
to be executect in its name and its corporate seal to be hereunto=fixed, by its pro-
per officef•s thereunto duly authorized.
Dated thi s_8tti, day of November 19,.]~,.
OUTOOOR RESORTS OF AMERICA, INC. .
' BY
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j . - res dent
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ATTEST:
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ecretary ' r
Signed, sealed and delivered in the presence of:
% ~-r : _ ; ~ , _
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.1 Sr.?-
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~ `C-c4R~~E s~ j: ~
- ~ -r,
STATE OF TENNES$EE ~ ' ''i""::~~ =_~~i~=`" " ~
. :r..~ i.+j• ,~~.~.r•<i .
COU~~TY OF DAV I DSON •
I hereby certify that ~n this d~y, ~efore r~, an c,'~~~~r duly authariz~d in
the State and County aforesaid to take acknowledgements, personally appeared
Georae M. Blackburn. Jr. and Phillip L. Parsons well known to me to be the Vice
res~dent and Secretary, respective~y, of utdaor Resorts of America, Inc., and
that they severally acknowledged executing the same in the presence of two sub-
scribing witnesses freely and voluntar;ly under authority duly vested in them by
said corporati~r~ ~nd that the.seal affixed thereto is the true corporate seal ef
said corporat~on.
Witness my hard and officia] seal in the County and State last aforesaid
this 8th day of Nove~er 1976 .
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~LERK ~pRe
f~p My conmi ss i on ~~i`i~es :
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a~~~'R~ e~' ~ My C0`mmiss't.on~~xpires Oct~ber 28, 1980
~py ~,1 ~ 35 - _ ~ ~~~;~=-:x - :
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~OOX~~V ~GE ~ .