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n3~IGNPII~T OF NOTE ..~iD MO:.TG..u~
~~LZ.?T~R?L 3ECUkI'lyY ~
aseignatent made thie dey of y , 196 ~ , by
r~LOYD j~ ? B ~1LarJ4~
hereinaiter called ~ss`ignor, to -
MO:~IS KAPLAII and CL~iIit~ S. KAPL~N, his wife ~
hereinatter called nasigaee: ~
WITNE3aIsTH:
l. The .~ssignor ia consideration of the proceeds of the promisaory
note hereinatter set Yorth, the receipt of ~hich is hereby
~?ckaowledged, does hereby esai~~ transfer and aet over unto the
~asigaee, a certain Mortgage made by
WALT~rt T.G:.{t~Y IiI.-~R and I'~d~Y iLL~;21 IiI:K, his wife
to i LOYD .,i . nLT~~n~T .
dated June 2?,1961 , recorded in Officir~l Record Book
13 , ut page 661 , of the ~ublic records of St . Lucie County,
Florida; together t,ith the aote or obligation therein deecribed,
and the money due :~nd to grow due tl.ereon with intereat, and all
ri3ht, title and interest of the :Lasi~or in and to the premises
in the eaid mortga~e described, witb the 2L111 benefit of all
poMers, ri3hts and remedies ezpressly or impliedly contaiaed
therein ::nd conferred thereby upon the ~•ssi nor. To have and to
hold the~same unto the «ssignee forever.
2. The Assignor doea hereby covenaat and represent uato the
~ssignee as Yollows: (a) 'ibat there ia now due and owing oa~said -
mortgage, the nrincipal sum o! $ 2542,82 ~rith interest thereon
. at the rate oi 6;6 percent per ~anum from th~Oth d~t o!
Ma~r , 19 6? ;(b) That said note~ a:~d mortgage are in
good standing and none of the terms snd coaditioas th~reof have
been breeched by any person obligated thereunder; (c) 'lhat the
terme and conditions of said note and mortgage ~re exactl~ ae
they appear of Public Record and tha.t the eame have aot been ~
modilied, amended_ or altered bq the terme of an~y orr~?ll or unrecorded
~ writtea agreement; (d) That ~here ie no ri~ht or claim oi set-off
or couaterclaim againet said aote and/or mortgage; (e) That no
. person other than the ~ssiguor h~:s any legal or equitable right,
title, claim or interest in and to said note and mortgage; and,
_ (f) That the assiguor has good right to sell and assign the sane.
. 3. Provided, nevertheless, that if the ~.ssignor shall pa~y to the
Assignee the indebtedness due from the basigaor to the bssignee
~ according to_the terms o! a certain pro~iseory note of r+hich the
iollowing ie a true aopy, to-vit :
f O ~
s-~'O Miami. Florida xq ~ 19 ~ -
: FOR V ~{~Q
~ t~. thc ~rdcr o[ • ~~romisc to pay
` - • ~ ~ _ ,
- ~ tl~c principal sum oE~
~1t DnLt.ARS. togcthcr with interest
~tiercon from ~lace at che nte of ten percent. per annum until maturity. both principal and interesc bcing payahle in
~ l~wful monty of the United States at ;,~t)3 Roper Building. Miami. Florida. or at such other place as the huldcrs hereof may
p designate in writing. Principal and in[erat payable in installments as follows:
,
~
96~~aad oaa~u~nai~ag
oa~t~ 20th~~
o! ~ h au~dh ~°t ~
~ ~~r~ ~
r, s
o
a
t
h t h~ r
e~ t
t e r u
s
t~ p a
i~ l a i
b ll. `
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I
, i
f 7'his nute may I?e pre~?:~ic) in a•hc?le or en ~?:~rt after nnr ye:~r frum thr date ltereal tr~x,ii ~?:~yn~cot ~,1 a ~,enalty ~
' eyuivalent to~twu ~~erc-en! ul the princi}~I su~u prepaid. j
Each installment payment shaU be credited tirst on the interest due, and the remai~der on ~,rincipal: and interat ~
shall thercupon cease upon the prindpal so aedieed.
"The makcrs and endorrers oE this note Enrther agree to ~yaive demand, notice oE non-paymenc and protesc, and
in the event cuit shall be brought for the collection hereof. or the ~me 6as to be collected upon demand of an actorney.
! • to par nasonable attorney's fees for making such ro]]ation, _
Drferrtd payments hereun ~ ~ ten e ann~uQ~ Irom mat it until paid. .
This note is aecured by ~n~iP~~~~~ ~~~~,~~~}'fi'lbr~~~ to the laws
' oE che Scate oE Florida; upon deEault in the payment oE prindpal and/4r interat when due, che whole sum of principal
and interest remaining unpaid shall. at the option oE t1u hotdrrs, baome im~nediatety due and pajrabfe. .
~lo d H. Burk~t ~sE~.~
EOCK~6~ PACf UU (SEAI.)
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