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ASSIGNMENT 0~ MORTGAGE
For a valuable considerat~on, ti~e undQrsigned Mortgagee hereby assigns to
Associates Capital Corporation whose resident and post office address is 601 Bro~dway,
Nashville, Tennessee 37203 15222, that certain mortgage executed by
. ' J. & en~, ~ine = ~ , as Mor~gagor to Outdoor Resorts of America, _
Inc., at~ed r~arch 26 1975 , and filed for record in the~yP blic Records in and/for
St. Lucie County, Fiori a,~n OR Q~ok , p~ge~~S, which mortgage encumbers
the following described real estate in sa~d county to w~t: ~ _ ~
Lot No._ 355 , Section z1 , in that certain condominium known as OllTDOOR
RESORTS OF AMERICA AT NETTLES ISLAND, as shown b"y plat recorded in the Offi ~
of the Circuit Court in and for St. Lucie County, Florida, in Plat Boolc 16,
page 1:1A through 1J. .
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together with a note secured thereby with interest thereon ~rom date of said note.
_.Outdoor Resorts of Arr~rica, Inc:, as developer and assignor hereundtr hereby does
subordina~e the reserved right~cf the developer under Article XI of the Oeclaration
of Condominium, as amended, filed in'the Public Records of St. Lucie County, Florida,
in OR 8ook 192, page 821, to the lien and encumberance of the mortgage hereby assigned.
Dated this 27th day of 19 75 . ~ ~
~ OUTD OR RESORTS OF AMERICA, INC./M4RTGAGEE
~ BY ~ ~ - ~'uo~.~
- vloe- presiden - - _
. ATTES • - „ . -
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Secretar ~
. Signed, led and delivere in the presence of: _
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STATE OF TENNESSEE -
COUNTY OF DAVIDSON - . ~ _
_ I fiereby cer~ify that on this day, befflre me, an officer duly aut~orized in the
: State and County.aforesaid to take acknowle~gements, personally appear~ ceo e M. _
- Biackburn, Jr. ~ Phillip L. Parson~ , well known to me to be the Pr s~ en an
_ Secretary, respectively, of Outdoor Resorts of America, Inc., and that they severally
= acknowled~ed executing the same in the presence of two subscribing witnesses freely _and ~
voluntarily under a~thority duly vested in them by said corporativn and that the seal
affyxed theret~ ~s the true corporate seal of said corparation.
; ~ Witness rror hand and official seal in the County and State--last aforesaid
th i s 27th . - day of rsav_ 19~_. . . ~ ~ _ , ~ - - . ;
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- S~•~~GER?OItRAQU~ LG,}.- ~ uti~'C',_; .
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8ooK240 PAGE2447 _
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