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RECORDING REQLBTED BY
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"<<--'hen Rec/d<<l ~hil To
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Sl'lCll Above ThU Line For RCI"Mder', Use
ASSIGNMENT OF RENTS AND AGREEMENT NOT TO ENCUMB!.:R Ort TRANSFER REAL PROPERTY
In comid'!ntion of any financing made or to be nude auilable, or con~ifJu<<l by
.PJr...id Corp. (hereina{ur called the Dealer) for the undenigned, or one o. more of them (all here-
af terJ2th cdl<<tivcly :ond aUo jointly and sevenlly called the CUltO!T\C6 evidenc<<l by a cer..ain promissory no~e dated
1 2 ':\/60 , in the p~cipal ..:nour.t of $ 38 7.. 7'5 , made in connection with improve-
ment of that ceruin property loclted iJ\ St. Lucie County, City or Town of Ft.. Pier~., ,
Sute of FloriJI and described as follows:
Iots 1 ani 2
Block I 1
Cortez Pal.k Sub D1'Y.
Customer agrees with the Dealer as follows:
1. Without the Fio? written consent of the Dealer and excepting those interests in said property cre3t<<l ir. the Dealer'~
hvor, Customer wi!1 not create or permit any lien or other encumbnnce, oth..:r than those presently existing, to exist on
the above described real pr('pcrty and will not transfer, sell. usign, or ir. any manner dispose of said real' pr':>perty or
any intere5t therein.
2. Customer hereby assigns to the Deller all moneys due or (I) ~come due to Custvmer as renul or o.herwiy- for or on Ie
count of such real property, reserving unto Cuctnrner the right to coUec. and reuin any such moneys prior to Customer's
default under tbe umu oi the financing described above.
}. The Deal~r i~ hereby authorized and permitted to cauJe this instrument to be recorded at such time and in such placC$
as the Dealer at iu option may clect.
4. This agreement is exrressly intende-i for the benef;t and protection of the Dealer and all ,uhsequent holders of the note:
described above, Custo~r wuranu and repruenu that Customer owm the above descriLed real property.
5. This ~greement sha\! remain In full force and effect until the financing described above shall have been paid in full or
until tw(nty-one (21) years fol:cwing the death of the la,. survivor of the undersign<<l, whichever first occurs.
DATED:
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STATE OF FLOF,.IVV.) NOTE: Spcwe(s) of any married sign;tol")' or
COUNTY OF ~~ ) 51. signatories must a1-0 sign.
On. Uti, I Jf" day ~f 7~ u.kL-, h<<:fcre !";le, .2. - - -~ ~ a Notary
'PUMic ip,~ud for said County, appe-.rM~~~.d~ 'I- n-~. ~~ !.:nown to be 10
..,,<~ ~ pilt~~"'ii~..,., whose na~{s) ~ 'ubscribed to the within instrument. and aclmowl<<lged
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Notary Pu'-I:c, Stat:? 01 Florida at l""'t
My Commss on Expires J/ln 27 1 ')55
Bonded by American Surety Co. 01 N t.
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