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2. The Estate by these presents does grant, bargain,
sell, assign, transfer and set over unto the District Director
the interest The Estate has, as one of the beneficiaries, in
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that certain Land Trust Agreement, attached and incorporated
herein as Exhibit "A", in which The Estate holds a 45~ interest
and a limited 5~ interest. The said Trust holds as its principal
asset a mortgage upon certain property situated in St. Lucie County, `
Florida, dated the 23rd day of December, 1974, and recorded in
Official Records Book 234, Page 2830, Public Records of St. Lucie ~
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County, Florida, described as:
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The South 790 feet of the North 1040 feet of
Government Lot 2 and the NW 1/4 of the SW 1/4
of Section 14,
Also,
The South 790 feet of the North 1040 feet of
the_NE 1/4 of the SE 1/4 and Government Lot
3 in Section 15, all being in Township 34 South,
Range 40 East, together with riparian and
littoral rights appurtenant thereto, but _
excepting therefrom all rights of way for
- public roads,
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a copy of such mortgage being attached as Exhibit "B" and incorpo-
rated herein.
3. That in addition "The Estate" assigns the interest in
this same trust which it received pursuant to the Order of the
Circuit Court, attached as Exhibit "C" and incorporated herein.
4. This Assignment is made as collateral security for the
payment by "The Estate" of the principal sum of $30,000.00 for
estate taxes-plus accrued interest subject to a possible claim for
refund of taxes determined to be due based upon the amount
distributed to Dorothy E. Howe for the marital deduction and any
other allowable modifications.
- S. The right to collect payments under the Land Trust Agree-
ment attached and incorporated herein as Exhibit "A", shall
be as follows: ~
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