HomeMy WebLinkAbout0138 Tl~is instrument was prepared by Meitthew P. HcCaulay, Assistant Counsel, General
American Life Insurance Compaqy, P. 0. Box 396, St. Louia, Kissouri 63166. ' ;
Loan # 4823 ,,?y, / ' '
I ifl•~ira~ ~
Collateral . Assignment of Lea.~e or Leases ~
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KNOW ALL MEN BY THESE PRESENTS, That the undersigned, C• ~TSC~~L TRU~TEE, ~
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_ whose address is: 1321 Seghavk I.~~, V~ro ~ACh, Fl~rici~ ;~2~ftl- ~
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(lu~reiuafter referred to as the "Assigaor"'), for and in consideration of the sum of One Dollar (s1.00) and other
valuable consideration, the receipt and sufficiency of which is hereby acknowleciged, do hereby transfer, sell,
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assi~,m and convey to
Pierce, Florida 'S345o ~
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(hereinafter referreci to as "Assignee'~, aU leases, rents, issues and profits, including, but not limited to, those i
certain leases, the rentals reserved, the amount payable and the receipts arising thereunder and any and all ben- ~
efits that inay be had or obtained from said leases, which said leases are described as follows: ~
Lease dated August 3, 1978, between RONAI.D C. KUTSCHINSKI, Lessor, and TRACY INDIISTRIFS, ~
INC. Lessee at the rental and u '
, , pon the terms, covenants~ and conditions contained in ;
said Lease. ~
Lease dated August 4, 1978, between RONALD C. KUTSCHINSKI, Lessor, and BLIIE WAT~R POOLS,
Les~ee, at the rental and upon the,terms, covenants, and conditions contained in said ~
I+ease. i
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Lease dated August 31, 19'j8, between RONALD C. KUTSCHINSKI, TRUSTEE, Lessor, aad PATTRIC~S ~
INC., Lessee, at the reatal and upon the terms, covenants, and conditions contained in ;
said I.ease. ~
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Lease dated September 6, 19'~8, between RONAIa C. KUTSCHINSKI, TRIISTF~, Lessor, and
LEE ENTERPRI~JES, INC., I,essee, at the rental aad upon the terms, covenants, and conditions ~
contaiaed in said Lease. ~
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Lease dated November 21, 19'j8, between RONALD C. KUTSCHINSKI, INDIVIDUALLY and RONALD ~
C• KUTSCHINSKI, TRU31~E, L~ndlord, and FAIRLANE LITCHFIELD CO., INC., a South Carolina
corporation, Tenant, at tbe rental and upon the terms, covenaats, and conditions contained -
in said Lease, as amended by instrument dated Februaty 26 1979•
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~ (The note secured by this collateral assignment of lease or leases contains the fol-
f lowi clause: "At time after fifteen (15)
n8 a~y years from the date of the first
E amortized payment due.hereunder, the holder of this note may, at the holder's option
; and upon six (6) months' prior rrritten notice, declare the entire unpaid principal
~ balance of this note, with accrued interest and any additional sums to be paid hereun~er
a or under the mortgage $ecuring this note, as accelerated and immediately due and payable.")
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