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COLLATERAL ASSIGNMENT OF I~'IORTGAGE
KNOW ALL MEN BY THFSE PRESENTS, That:
CAL KOVENS (hereinafter called the "ASSIGNOR") for Ten Dollars
.
($10.00) and other good and valuable considerations, the receipt of
which is hereby ackno~vledged, does hereby assign, set over and trans-
fer to THE NIIANII BEACH FIRST NATIONAL B~ANK, a nationa.l banlcing
corporation (hereinafter called the "B~ANK"), all of his right, title and
interest in and to that certain Mortgage Deed dated November 8, 1966 °
and recorded Novernber 9, 1966 in OfBcial Records Book 158, at Page
522, of the. Public Records of St. Lucie County, Florida, wherein the
Mortgagor is KEITH INVESTMENTS, INC. , a Florida corporation, and
,
CAL KOVENS CONSTRUCTION CORP a Florida ~corporation, is the
Martgagee therein, wluch Mortgage Deed encumbers the following
~ described real property situate, lying and being in St. Lucie County,
F'lorida, to-wit:
~
,
,
Lots 59 to 66, both inclusire, of Unit O~e, MARAVjLLA GARA~.NS, ~
accorcling to t1:e Plat thereof on file in Plat B~o~ 6 at Page 55, of ;
; the PubZic R~coids of St. Lucie Cour?ty, Flori~af together svith the ~
! right-of-a~aS• of 1~t~indaor Ar2nue lyin~ behveen Lots 59 and 60 afore-
; said; Garden Ave~u~ lt•ing behveen Lots 63 and 64 aforesaic~; Park ~
i Boulevarcl lyir~ betwz~n Lots 6~ and 66; and the canal right-of-way j
I ' beh~ een Lots 61 and 62, all of ~vhich said right-of-w~ys have bee~
~ aban~oned and the dedications revoked by Resouition No. 20E~ pas~ed i'=
~ and adonted -b3~ the City Commission of the City of Fort Fierce on
~ February 13, 1951; suo;ect neverth~less to an easement over tlte ~ ~
~ right-of-~:~~y IS*i~1g b~t~: eEn Lots 61 and 62 res~rved by the City of '
~ Fort Pierc2 un~:er ~.~d b;~ the resolution 2bave refarred to; ~
~ TOGETHER ~vith build~n~s and i!2~?prove*_nents thereon ar.~ includin~ ~ ~ !
; all righ}, titl~ ~nd inter~st of the A?Iortgagor in a:~d to all leases !
~ existin~ on th~ a5o:-s !ieccrih;.e! propertg, subjec~ only to the rights =
of Ce„±:n~r:tal Ass:;rl~c~ Co :lp~r.y, an Iltinois Cor~or~.tion; .
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_ togetrer ~~ith the gromissory note ~lso dats~ Noveinber 8, 1966 and - ~
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F des~ri~e~' trer~in, in the ori~nal principal sum of T~~'O HIJNDRFD °
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