HomeMy WebLinkAbout1693 COLLATERAL ASSIGNMFNT OF b10RTGAGE
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KNOW ALL MEN BY THESE 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 acknowledged, does hereby assiga, set over and trans-
fer to T HE MIA_~rII BEACH FIRST NATIOYAL BANK, a national banking
corporation (hereinafter ca~l~d the "BANK"), all of his right, title and
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interest in and to that certain Mortgage Deed dated November 8, 1966
and recorded November 9, 1966 in Official Records Book 158, at Page
522, of the Public Records of St. L•ucie County, Florida, wherein the
Mortgagor is KEITH INVESTMENTS, INC. , a Florida corparation, and s
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CAL KOVENS CONSTRUCTION CORP. , a Florida corporation, is the
Mortgagee therein, which Mortgage Deed encumbers the following ~
described real property situate, lying and being in St. Lucie County,
Florida, to-wit: ~
Lots 59 t~ 66, both inclusive, of Unit One, MARAVILLA GARDENS,
a~~Qrding to the Plat thereof on file in Plat Book 6 at Page 55, of
the Public Records of St. Lucie County, Florida, together with the
f right-of-way of Windsor Avenue lying between Lots 59 and 60 afore-
~ said; Garden Avenue lqing between Lots 63 and 64 aforesa~id; Park
Boulevard Iying between Lots 65 and 66; and the canal right-of-way
between Lots 61 and 62, all of which said right-of-way~ have been
abandoned and the dedications revoked by Resolution No. 2060 passed
and adopted by the CiYy Commission of the City of Fort PiercE on
February 13, 1961; subject nevertheless to an Pasement over thA
right-of-way lying between Lots 6I and 62 reserved by the City of
Fort Pierce under and by the resolution above referred to;
TOGETHER with bui2dings and improvements thereon and including
all right, title and interest of the Mortgagor in and to all ieases
existing on the above described property, subject only to the rights
of Continental.Assurance Company, an Illinois Corporation;
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together with the promissory note also dated November 8, 1966 and
;
described therein, in the original principal sum of TWQ ~iUNDRED '
THOGSAND DOLLARS (~200, Q00.00), and=all pcincipal and interest due :
trerEUnder: '
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TO HAVE AND TO HOLD unio the sa.id BANK, its successors a~d
ass:~ns forever; PROL'IDED HOWEVER, that in c ev~nt r!~~at =1ie
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ir.debtedness of the ASSIGh'nR to the BANK that is evidenced by a
This Irtst?ur»ent Was Prepa?ed 8Y:
UAV10 S. KENIN. ot
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