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ASSIGNMENT OF MORTGAGE
AS COLLATERAL SECURITY
KNOW ALL MEN BY THESE PRESENTS:
That the undersigned, CENTER LAKE CORPORATION, a
Florida corporation, and CENTER LAKE CORPORATION, AS TRUSTEE,
Party of the First Part, in considerati~n of the sum of Ten
Da2lars ($10.C?0) and other valuable considerations received from
or on behalf of FLORIDA NATIONAL BANK AT ORLANDO, a National
Banking Assoeiation, Party of the Second Part, at or before the
ensealing and delivery of these presents, receipt whereof is hereby
1 acknawledged, does hereby grant, basgain, seal, assign, transier
and set over unto the said Party of the Second Part a certain
mortgage bearing date the 23rd day of August, 1965, made by Mabel
Carporation, a Florida corporation, and recorded in Official F.ecords
Book 126, Page 33 of the Public Records of St. Lucie County,
Florida, upon the following described pieces or parcels of land
situate and b~ing in said county and state, to-wit:
A11 of Seetion 25, Township 37 South, Range 38
East; and that part of the East one--half of
Section 36, Tawnship 3? South, Range 38 East
iying Narth of Canal C-23 of the Central and
Southern Florida Flood Confirol District, except-
ing therefrom a strip of land running North and South ~
comprxsing the East 100 feet of Sections 25 and 36,
Township 37 Sauth, Range 38 East, consisting of 25
acres, more or less, and also excepting therefram
the South 80 acres of that part of the East 1/2 of
Section 36, Township 37 South, Range 38 East (less
the East 100 feet the:eof) lying Nor~th of Canal C-23
of the C~ntral and Southern Florida Flood Control
District, as shown by deed recorded in Deed Book 165,
Page 367, St. Lucie County, Florida gublic records,
but including the lands reconveyed by quit-claim
deed from Central and Southern Florida Flood Control
District as recorded in Deed-Book 229, Page 19, St.
Lucie County, Florida public records.
Together with ~Che note or obligation described in said mortgage and
the monies due and to become due thereon with interest from the
23rd day of August, 1966 (interest until that date havin~, been pre-
viously prepaid).
TO HAVE AND i0 HOLD the same unta the said Party of the
Se~ond Part, its successors or assigns, forever; prvvided, however,
tha~ this assi.gnment is intended as security for the gayment of
certain notes from Party of the First Part and Frank L. Purpura,
several2y, to Party of the Second Part, which said notes aggregate
S2QO,OOO.OQ, together with the int~rest thereon. If Party af the
First Part and Frank L. Purpura shall well and truly pay said notes
then this assignment shall be null and void and Party of the Second
~ Part shal3. rea~sign the above note and ~ortgage ~o Party of the
First Part, ~ar otherwise treat and deal with said note and mr~rtgage
according to the directions of Party of the First Part, otherwise
this assignment ~hal~ remain in ful.l force and effect.
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B~~Lr J~~!
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