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CONDITIONAL ASSIGNMEI~Tr OF LEASE
IQJOW ALL MEN BY THESE PRESENTSt
THAT WHEREAS, H. BOYD BENJAMIN, joined by hie wife,
JUNE BENJAMIN, and CHARLES F. MITCHELL, joined ~y hie Wife,
MADELYN MiTCHELL,_as Co ~enante, hereinafter called the "Aesiqnore"•
are the ownere of the following described property in Saint Lucie
County, Florida, to-wits .
The Easterly 3.197 acres of Lota 150 and 151 of Maravilla ,
Gardens, Unit Three, ae recorded in Plat Book 6, page 62,
of the public records of Saint Lucie County, Florida, beinq
more particularly deecribed ae followa: Beginning at a
point where the West riqht-of-way of South Seventh Street
(having a 60 foot right-of way) interaects the South right-
of-way of Edwards Road (having a 70 foot right-bf-way) ,
(this point is the Northeast corner of Lot 150,) run North
89°OS'06" West along the South right -of way of Edwards Road
535.94 feet; thence run South 00°Ol'S4" West 365.55~feet
to the Northerly right-of -way of Florida East Coast Railroad
Cut-Off: (having a 100 foot right-of way); thence run North
69°13'S4" East along the Northerly right-of -way of Flo rida
East Coast Railroad 571.54 feet to the West right -of-way
of South Seventh Street; thence run North 00°37'24" East
~ along the West right -of way of South Seventh Street 154.67
feet to the point of beginning= together with all improve -
mente thereon located.
I a nd
~
~ tid~iEREAS under date the 15th day of September, 1972, the
said B. BOY,~ BENJAMIN, joined by hie wife, JUNE BENJAMIN, and
CHARLES F. MITCHELL, joined by his wife, MADELYN MITCHELL, leased
to SWEETS' REAI.;Y, INC., a c'lorida ~orporation, the above deecribed
~ property, .
and
?n~HEREAS the Aasignora executed and de~~vered to PEOPLES
FIRST vAiId~;AL BANK OF MIAMI SHORES, a national banking corporation,
~ hereinafte-r called the "Asa~gnee", a rrortgage bearing date the 15th
.
day of September, 1972, ehcumbering the above -deacribed property
in order ta eecure an obiigation of THREE HUI~IDRED THIRTY-EIGHT
T~IOUSAND DOLLARS ($338,000.00) and the eaid Aesignors have
executed and delivered a Note in favor of PEOPLES FIRST NATIONAL
FA~~~w This Instrument was Prepared ey:
BO~K ~06 _1 ~ JOHN W. PRUNTY, Attornsy
B37 Cify N~tionel Bank Bldg., Miemi, Fbrida
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lAW OIfICEb Of • rItUNT1/. ROSS, OELOACH i OLSEN • tl1 CIfY NATIONAI 9ANK BUIlO1HO • MIAMI, ilOR1DA 391J0
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