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I' SUBORDINATION ~JO'~'~~ 1
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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 Articie XI of
the 0eclaration 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
a mortgage instrument dated Julv 13. 1976 between Yukue I. Cha~man ~
(oR 25o Pa e i~s) and First National 6ank b Tpust Compar~y
of Stuar°t, on t e fo owing escr~be real estate: ~
Lot # 169 Section II , in that certain condominium known ~
as OU~'0 R RESORTS~~AMERICA, INC. AT NETTLES ISLAND, as
shown by plat recor~+ed in the office of the Circuit Court
. in and for St, lucie County, Florida, in Plat Book 16, page ~
1:1A through 1J. ~
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In Witness whereof, OUTDOOR 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 8thM day of November 19 76. ~ ;
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OUTDOOR RESORTS OF AMERICA, I.
BY
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ATTEST: ' ~
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Secretary ~
€ Signed, sealed and delivered in the presence cf: -
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STATE OF TENNESSEE
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COUNTY OF DAVIDSON . ~ ~
i nereby certify that on this day, before me, an officer-duly au~horized in
the State and County aforesaid to take acknowledgements, personally appeared
George M. Blackburn, Jr. and Philli L. Parsons weii known to me to be the Vice
President and Secretary, respective y, of Out oor 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. •
Witness my hand and official seal in the County and State last aforesaid
' thi s 8th day of November 19~,_. _ _
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FtLE01~bG RECOROE ; ~ :
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ST. WCtf COtiNTY - Y_<: t•_
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~-..#I~.Commi~saon Ezpires October 28,1480
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