HomeMy WebLinkAbout0141 1~,3'11/ l4 . 4
~i.~i RETURN TO; i
. ~ _ ~~vv ~ LAw OFFICES ~
• ~ ~ ROSEN & ROSEIV, p,
" ' ' ~ 6151 MIkAM11R pARKWA
~ ~ MIRAMAR, FLA. 33023 ~ O
PARTIAL COLLATERAL ASSIGNMCNT OI' MORTGAGE
TNIS PARTIAL COLLATERI~L ASSIGNMENT OF MORTGAGE is entered '
into this~day of October, 1974, between 96 CORPORATION, ~
hereinafter referred to as Assignor and DEPENDABLE REALTY LTD.,
hereinafter refcrred to as Assignee.
RECITALS: .
A. Assignor is the mortgagee and holder of the Mortgage ~
executed July 19, 1974, by 3045 CORP., a Florida Corporation, re- .
corded in O.R. Book.230 at page 1512 of the Public Records of
St.I.ucie Coun~;~,I'lorida, for tne, following described property:
~rom the NE corner of NW 1/4 of Section 13,Township 35 South,Range 39 East, run
;•:ly along North line of said Section,40 feet to West R/W Copenhaver Road;thence
>]_y along said ~~lest R/W,685 feet to the POINT OF BEGINNING: Thence continue Sly
:~long West R/W,264 ft.;thence Wly 292.46 ft.;thence Sly parallel with Copenhaver
j:oad, 132 ft.;thence E1y,25 ft.;thence Sly parallel with Copenhaver Road,132 ft.;
thence E1y,25 ft.;thence Sly parallel with Copenhaver Road,l32 ft.;thence ETy, i
2. 38 ft. to West R/W of Cnpenhaver Road; thence Sly' along said West R/W, 60 f t. ; ~
tt~ence W1y,282 ft.;thence Sly parallel with Copenhaver Road,194 ft.;t~nce Ely 's
?82 ft. to West R/W CopeR haver Road;thence Sly along said West R/~A,41. feet M/L
~_c~ a point that is 1042 ft.North of,and 40 ft.Wly of SE corner of aforesaid NW
:./4;thence Wly 399 ft.; thence Sly parallel with Cop~fi~haver Road 888 ft.;thence
T~ly 272.93 ft.;thence Sly .parallel with Copenhaver Road 154 ft.to the South line
of ~foresaid NW 1/4;thence Wly along South line of aforesaid NW 1/4;1159.29 ft.;
t:o the SW corner of SE 1/4 of aforesaid i~+1 1/4;thenc~ Nly along West line of said ~
sL 1/4 of NW ~./4,1339.?6+ft.ri/L,to NW corner pf said SE 1/4 of N[~ 1/4;thence Ely
alon Nortli li e of said--SE lL4 of NW 1(4,662.91 ft.MlL to SE cor}~~.Mf SW 1/4 of
t~, 1~4 of NW 1~4;thence_Nly atong East line of Said Sw ~/4 654.95_ /L to_a
r~oint hat is 685 f~.South af North line of Sec.tion;thence E1y~662.83+ft.M/L to ~
~ s t R~t~l Copenhaver Road and the ~'OINT OF BEGINNING . .
B. The parties have entered into a real estate conunission
agreement on the aforementioned property, a copy of which is
; attached hereto and incorporated herein by reference, and marked .
~ .
as Exhibit "A". .
NOW, THEREr'UNP;; in consideration of the mutual promises ~
~
. ~
herein contained and other good and valuable~consideration, receiot ;
of which is hereby a'cknowledged, the parties agree as follows:
l. Assiynor hereby assigns, sets aver, transfers and con-
veys all of their riyltts, title and interest in the Mortgage des- ~
cribed in Paragraph A above to the extent of the payments due to -
,
Assignees as reflected in Exhibit "A". .
~ -
~
~ ~2. The term of this Assignment shall be until as indicat~:d
~ in ~xhibit "11" and when fully paid, this Assignment shall be fully t
~
satisfied, cancelled and released.
~ . BQ~K ~~3 P~c~ 141
LAW OFFICES: ROSEN 6 ROSEN, P. A., PARKWAr PROFRESSION/1l DUILDINb, 6151 MIRAMAR PARKWAY, MIRAMAR, iIOR~DA 33023
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