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SUBORDINATION 3~~~
OUTDOOR RESORTS OF AMERICA, INC., a Tennessee corporation, as a dev.eloper,
hereby does subordinate the reserved right of the developer under Article XI of
the Declaration of Condominium, as amended, filed in the Pubiic Records of St.
lucie County, Florida, in OR 6ook 192, to the lien and encumberance created by
a mortgage ~nstrument dated De~ 27~ 1976 between
and F rst Na ona an rust Comuartiy
of on t e o ow ng escr~be real estate:
(OR 263, Page 2239)
lot ~
~6.~. ~Section , in that certain condominium known
as OUTDOOR RESORTS~AMERICA, INC. AT NETT!ES ISLAND, as
shown by~plat recorded in the office ai the Circuit Court
in and for St. Lucie County, Flarida, in Plat Book ~6, page •
I:lA through 1J. .
In Witness whereof, OUTDOOR RESORTS OF AMERICA, INC. hasJcaused these presents
ta be executed in its name and its corporate seal to be hereunto fixed, by its p~:._
per officers thereunto duly authorized.
Oated this lst day of February 19 77.
F~IEQ AND REC~ROEO OUTDOOR RESORTS OF AMERICA, INC.
: .~uc~~ cou~f~~~
~occR po~ s BY
RECORD YElIRFIEO COURT = -
Vi e- res ent
F~~i~ 3~4~.''~
ATTEST: .
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Si gned, sealed and del i vered i n the presence of :
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STATE ~F TENNESSEE ~ ' =
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COUNTY OF DAVIDSON ' - ~
I hereby certify that on this day, before me, an officer duly auEhorized i.~
the State and County aforesaid to take acknowledgements, personally appeared
Geor e M. Blackburn Jr, and Phi11i L. Parsons well known.to.me to be tt~ Vice
resident and Secretary, respect~ve y, o ~1t oor Resorts of America, Inc., and
that they severally acknowledged executing the same in.the presence of two sub- -
scribing witnesses freely and voluntariiy under authority duly vestEd in them b;
said corporation and that the seai ~ u: ;::ce.~'. L~~: tNue car~~r~~4
said corporation. .
Witness my hand and official seal in the County and St~~e.-.last aforesaid
thi s lst day of February 1977 . fj
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- : ~ ~fxpires October 28, 1980
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