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I'I' 1S I.`sYR1:SSLi AGR~:~U~ HU~VL:VLR, AS FOI.LO\4~S:
(1) That this assignment is given as coilateral security foi• the payment of
a certain promissoi•y note and mortgage of even date herewith, executed and
deliverecl by the Assignor to Equitable to secure the payment of the principal
sum of ~115, 000. 00 and interest, encusnbering real property in St. Lucie
County, Florida, more particularly described in said mortgage which is of
record in O. R. I3ook ~~7~, page~ of the public rec~i•ds of St. I_uCie
C:ounty, Fl~~rida.
(2) That so Iong as 4ssignoi• is not in default af the terms of its promissory ;
n~te and mortgage to ~:quitable, or either of them, the obligors under said
~rlortgage nlodification Agreement may continue to rnake the payments of prin-
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cipal and interest as required under the hereby assigned mortgage, ~romissory
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= note and Alortgage 1~Iodification Agreement to Assignar. ,
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~ And the Assignor covenants that thei•e is nu«t owing upon the pr•omissory ;
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' note, mortgage and :4~Iortgage 1lodification Agreement hereby assigned, with-
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~ out offset or defense of any kind, the Prinr_ipat sum of ~ ith
' interest thereon at the rate of 6?'o per annum from the ~ day of JjZ,
~ 19 7~.
I\ 1TNL•'SS ~L-~IERECI~~ . the Assignor has r.ausec3 this instrutnent to
be duly execute~~, in the City of E~ ort Pierce, Florida, an this ~ day of
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= \ovembei- , 1 J i 1.
- S~gned, sealed and delivered in ~IISSIOi~ GKO~'I~:S, INC.
the pr ence of:
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- a % ts resi ent
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- -r;;••~ . It Asst. Secr ary° ;
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S7':~TI~; Ul~ 1~ [_(~NII~_~ ~'UUi~T~" UF S"I~. L['CIE .
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- 1 f11:HL:131- C'I~RTIi~ 1' that on this ~ da ~ of \ovember . ~
,y 1971, i~e- '
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fc~re me E~ersonally ap~eai•ecl I•:. Y. C'UtiGi)01' and IZt'TII f{. i
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