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SUBORDINATION 3~
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OUTOOOR RESORTS OF AMIERICA, INC.. a Tennessee corporatian, as a developsr. ~
hereby does subordinate the reserved right of the developer under Article XI of
Lhe Oeclaratlon of Condominiun, as aa~ended, f11ed in the Public Records of St.
Lucie County, Fiorida, in OR 6ook 192, to the ]ien and encumberance created by
a iaortgaqe ir~strument dated May 18, 1976 between Hu h Mai ~ ~ ~
(o~ 2s3, Pa 22is) and Compar~y i~
,o ,Stuar~___ on t e o oN ng escr rea es e:
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9 _Section , in that certai~ condoa~inium known
as OUTDOOR~RESQRTS~AMERICA, INC. AT NETTLES ISLAND, as
shown by plat recorded fn the office of the Circuit Court .
in and for SL. lucie Coanty, Florida, in Plat Book 16, page ~
1:1A throngh !J.
In Nitness whereof, OUTOOOR R~SORTS 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
14`th day of ~January 19 77 .
F`Ep ~~p pECOao~EO pUTD00R RESORTS OF AMERICA. INC. ,
9~• ao~ea
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c~,~nK C~RCUts ao gY
aECOA~ VERifiEO~, e- res ent
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ATTEST: ~ 3~~~
cretary ~
Signed, sealed and delivered in the presence of: .
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STATE Of TENNESSEE - R~
COUNTY Of DAVIDSON
I hereby certify that on this day, before me, an officer duly authorized in
the State and County aforesaid to take acknowledgements, personatly appeared
Geor e M. Blackburn, 1r. ~ Philli L. Parsons r~ell known to me to be the
res ent an ecretary, respect ve y, o u oor esorts of Aaierica, Inc., and ~
that they severally acknowledged executing the same in the presence of two sub- _
scribing witnesses freely and voluntarily ~nder authority duly vested in them by
said corporation ar.d that *.h~ sea2 aFf;r.qd thereto is *.he true corpora*.e seal of
said corparation. .
Witness n~y hand and official seal in the County and State last aforesaid
~ this 14th day of Januarv 19~_. ,:..•---~•~~~i~~: . ~
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