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I ASSI6NMENT OF MORTGA6E
For a valuable consideration, the undersi ned Mort a ee hereb assi n
9 9 9 y q s to
Associates C~pital Corporation, ~ose reside~t and post office address 1s
601 Broadway,~~lashville, Tennessee 37203,*hat certain mortgage executed by
e , as Mortgagor to Outdoor Resorts of America,
Inc..,. te Oec. 17 'f9 76 , and f e for record in the Public Records in and/for
St. Lucie County, FTori~da,~n ~R Book 266 , page 5a1 , which mortgage encumbers
the folloMing described real estate in said county to
w~-
lot No. 7 f Section , in that certain condominium known as QUTDOOR
RESORTS F AMERICA AT N TLES ISlANO, as shown by plat recorded in the Office
of the Circuit Court in and for St. Lucie County, Flurida, in Plat Book 16,
pa9e 1:1A through 1J.
tog~ther ~i;.~~ a:c~p ~e~c:re~ i;re~e3y wi~n ir:terest thereon from date of said note.
Outdoor Resorts of America, Inc., as developer and assignor hereunder hereby does
subordinate the reserved right of the developer under Article XI of the Declaration
of Condominium, as amended, filed i~i the Public Records of St. Lucie County, Florida,
in OR Book 192, page 821, to the lien and encumberance of .the mortgage hereby assigned.
Dated this 27th day of Januarv 19~_.
OUTDOOR RESORTS OF AMERICA, INC./MORTGAGEE
; BY L
~ ce- res i nt
~ ATTEST: ~
i ~
k Secretary
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Signed, sealed and delivered in the presence of:
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~ (COIiPO~ATE S~AL~ ~
~ STATE OF TENNESSEE , • ~ ~ ~ ' `
COUNTY OF DAV IOSON .
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' here~; cer~"y `.hat o~ ~~s ~a~, b~fc„e rt:e, an officer duly authorized in the
~ State and County aforesaid to take acknowledgements, personally.appear~...~ e M.
1 k r~ . , well known to me to be the Pre's~ident and
~ Secretary, respective y, of Outdoor Resorts of America, Inc., and that they severally
' acknorrledged executing the same in the presence of tNO subscribing witnesses freely and
~ voluntarily under authority duly vested in them by said corporation and that the seal
E affixed thereto is the true corporate seal of said corporation.
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~ Yitness my hand and official seal in the County and State last aforesaid
; ' this 27th dey of ~anuary 19,1.L•
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- n' f rr q~~ EC My carmission e~I~b11~S : ~ rj
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a~." ~l 3v ~N ~1~,` C"~mr.:i;;ion E~(~Tes Oc+.aber 28, 1980
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