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HomeMy WebLinkAbout0845 ;~~QS ~ f~lEO d!.~ tf iT ltK:: 3ii11~'f :~r~pared By: . Rtwi= r,i~taf RICHARD D. SNEED~ JR. ~'(!R~y~k~iif~~ PE. ~ Attorney at Law s7 700 Virginia Avenue - Suite 102 ~~l 8~~ i~ Fort Pierce, Florida 33450 2~~ ~J ' COLLATERAL ASSIGNMENT OF MORTGAGE Assignment was made this ~April, 1974, by Rex yi. CoLisoz and Avis M. Coulson, his wife, of Fort Pierce, Florida AssiSnors to the Sun Bank of Fort Pierce, Fort Pierce, Florida, Assignee. 1. Assignment. For value received, the Assignors hereby assigr.s to the Assignee a certain mortgage deed and promissory note secured thereby granted by James C. Smith and Pauline E. Smith, his wife, tolt~he Assignors herein dated April /G 1974, recorded April, , 1974, in O.R. Book 226= , Page R42 of the Public Records of St. Lucie County, Florida, encumbering the hereir:after described real property situated lying and being, in St. I.ucie Coe~nt~, Florida, viz., Lot 1, Block 2, MARAVILLA PINES, According to the Piat thereaf as recorded in Plat Book 6, Page 39, of the Public Records of St. Lucie County, Florida. 2. Warranty. The Assignors represent and warrant that there is owing upon such note secured by the above expressed mortgage wi*_hout offset or defense of any kind, the principal sum of 59,50~.00 ~ritn interest of 7 1/2$ per annum from April /4~~ , 19i4, ar3d that the~principal together with interest will become due on or before January 1, 1975. 3. Collateral Security. This assignment is made as collateral security for the ~payment of a promissory note, made by the Assignors dated April 1974, for $10,000.00 to the order to the Assignee, which, with interest at 9 1/4$ per annum is due~on or before January 4 1, 1975. The Mortgage and Note described herein shall be reassicmed ~ to the Assignors by the Assignee if the Assignors aote is fu12y oaid _ and discharged at its maturity. IN WITNESS WHEREOF, the said Assignors has hereunto sigr.ed a.:d seaied - these presents the day and year first above written. k Signe., sealed~an elive ed in the presence of: ~ _ ~u~' h` « . i . S . -i _ ~ ex W. Cou~son ~ ~ t y~~l~i' C~ ~ ~ ~ --t,G~ L . S . ~ vis M. Co~lson STATE OF FLORIDA COUNTY of ST. LUCIE I hereby certify t.ilat or th~s day, - before me, an officer duly authorized in the State aforesaid a~c~ _ in the County aforesaid to take acknowledgments, personally - appeared Rex W. Coulson and Avis M. Coulson, his ~aife, to known to be the persons described in and who xecutea the f~go33tg-_ -.,r instrument and they acknowledged to me that tliey executed t~e: s~.. ; m hand and of f icial seal in the County ~~d _S~at~ , WITNESS y ~ ~ ~ . _ _ - last aforesaid this ~day of April, 19 ` ~~o--___ L L f~ ~ ~ /zs L _ ; • ! ~ ^ , . c~ Notutr Pu . ' • ' ' j ~I?y Comm~sswn E,c;.u~s Ud. %1, ~51~ ~ p,~ ir w.E~,~,. F,r~ a G.sosTi G~ 800N ~.fvV fA~ U~ .~,;3 ~:Ri Y'¢ n . _ - . . ' . ' . Y~- _ _ _ . . _ . ~'9` r,. S R . . . . . . . _ . _ ~...c._ . . .,.~_.vs.~