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AfS1iMME1R Oi MOtiWi! MEM~f ~O~ f. E. M W~rf ~ 1 w Nr M1~ -s Ty N. ~ W. ~. Or~~ G~M~f
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.. ~ ~ ~ RABEIl~ AS.90C.IAZF~, A Fla. pa~rtners~ip
cigned. sea~ and deGrered in the presence o~_
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A partner
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ST~TE OF . ~ ~~
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COC\`TY OF Grgene _ _ ; , RCv~R N ~ ~t,'S ~
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I NEREDY CERTIFY t6at os tfa ~e, before ~t, a~ a[Cicer dd. ud ....._1 ,~ e!e Sta-l"e'~tl'ESMJisr~ti~l~+a+d to ule aclno..kdrmecv.
prr+onalh app~ared • ' ~ " " ~ - - ~y„~~J .
R E Breaden and Rich rd H T 'lli ~4
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i;~ ~0 ~~ ~~1 ~ t/~e snme unto t{~e wid pariy o~ t~e sPCOnd pnrt. ~g
;; hesrs. ~¢gn~. representatives. successws und assigns forerer.
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~~ r`_ .•~ i .- ~~~Ji ~~ 1{~v pn-!c o~ f~~P Iirsl /x~if I~2c ~'nu~i~ f~~~•c~•
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~:'=: .' ' iCO/tAO1tQTE PrP'pnfs to ~ Pxpt-~d~ in ifs nom~. an~ itc ~ ar~ioral~ sra~ /o ~-~ ~~~r~~urilo
'~~~=~ ~~~~'- ~.,~,}; nfliswl. f.r its psopPr o~li~en 1bArPUnto ~lulr aut3~uri_~l, tl~r 31st
- • i%% t " _ ~/ac De'OHt~ .1 ~) !4 $U
~now ~U ~en ~y ~tese ~resents :
Tf~oe ~ua Rabella Associates, a Plorida Partr~ership a~d Ayua Rabella, Inc.
n corpomtion existiag under f~e la~vs o~ tht $tale o~ FIUtlC3d .~~y
oj~e Jir~ jwrf~eo.~.ideno~i«~ uf -tl~e sux. oJ
~ ~o~~ur~,
and ot{~er ~mluable conJidrnations. nceire~rl /~oa~ or on bebal/ oJ Robert C. C~opes
.~Y
u/ 1/~e second part, at +or 6~(o~e ~l~s ensaaling nnd delinesq o~ thPSe pnesents, tl~e r~eipt whPreoJ is l~e+eby
acknow[edged, does I~ere6T grunt. ~~nrgain, sell, auign, trdns(er ond set ove- unto tl~e said paity oj tl~e
second part a certain ino-tg.age 6eaiing date tlie 8~ day o/ OCtober A. D. 1980
made b '
V. I~. P. Crn.stn~ctian (brporation, a Florida Cflzporation
irs fa~b- oj the p3rt]~eS of the firSt pdI't
and.eco.ded~R Official Peoords Bodc 340 .~ 1812 .Pu6i:c.:+ror+~o( St. Luc.ie
Countp. Floridn. upon 11-e )ollaring described piere or porce~ oj 1and, situafe ond 6eing in said Counly and
$tate, to-u~it: ~ ~1~ lI1 Shcd t[bttC~C.
Zhis is a o~llateral assic~ment to secure the follawing obligatic~s for which
the Assic~or is liab2e tn the Assigr~ee: (1; Note dated Octaber 10, 1972 from Aqua
Rat~lla, Inc. tn First I~ational Bank s Z~n~st G1a~any of"~oc.a !~a'~on ~.n tFie orig;*~~
principal sun of $271 5'jQ.pp. (2) ~~ ,~~ p,~,~r 26 1979 fran Aqua Rabella
d~a sdDe~c~rbe~.r 3Je1,1~980 f~aa Aqua Ra~t~lla, I.~nc. and ~1q~r~~R Uella~~s~socQiat~~to3.
C. C~~ in onq u- ~a1- prir~cipal sun of ~110 00~.00. . ~~b~
.Party.of the seooctid part may retain a~l of the inornie frcro said rn~rt~age (in-
clud~r~q Pr~nciPal and intie.rest) a~nd apply sarae against the at~ not~es as he, in
his sole discretion de~ns a~pr~oQriate.
In evPnt V.I_P. ` Coxp. defaults rn~rtgage.assi , t,hen
Robert C. Copes may br~.r~q foreclos~ur~e suit in his v~n na~ne withou~native ~, or
joind+er of, parties of tFie first p~art. Prwided, ha~aever: (3) 5ha~ld foreclosure ~
result in ca~shp t to arty of the seo~or~ part (and he agre~s to bid uQ to the
, full amimt of b'~s~Ju~tp) tFien he shall first dedwct the vost of foreclosune sa Le
~ ~ and all moriies re ~a~y~ to satisiy the at~ d~scriY~d nates (ev~n tho~x~ti
'; not in default) and~~s~~tzall remt the diffe~nt to Parties of the first ~
• event foreclosure sale results in title to the p~roperty ves in Pr~tyof the In~
~ seoot?d ~ as result of his biddinq the fu17. am~u~t of thetJ~ta t~ he shal
rty ~n t.n~t for t~ ~art~ of the fust ~a~t s~]ec~~ h~ver, ~
a lie~ for thep~ut~ a~o~t due on the r~t~ described here~n as well as for aosts ~
of the foreclosu~e sale. ilpan def~cilt of ar.y a~e of the notes sec~sed by this as-;
~ ai~t~earty of ~ Partthe ~rt r~ecl~oseihis li~ as to all three not~es ~
~~ Pm'P~-Y b'Y 9a9~ ~~ ~rd~Y- (3) No pu~chaser at
~reclosure sale rieed look t,o I~obert C. CooES for prat~r disbursement of the
;; fimr3s reveived and shall havp no liability what~oever to the
~' ~~;es of the first
,j ~t~ i,n caonr,ectiotn} ~wi ~t of t~e fimds from the party of th~ seoo~~d pa~
T~oget~ier •~/~~ noTe or~~a~'describe~ in said wtortgagp. und tl~e moneps due and to become ~
due t(~e-eon. wi1/~ inlerest front tke day oJ ' ' ~ -~' . 19 80 ,
. . a . erw~ ger ~ ~~p
I .~o kwrv a ac ou 6e tbe Pra:dr.c a.d d Fi3Irt1"le~ rc~per*i~=b ct e6e ~crporaiiov~.a.ed as pa.es ot t6r
' firy{:p~eba- it i~eR~i~ ". .,. .. t aad clat tie. yneraih acfso.4dsrd e+ervcx ~4 sar. iw tbt ~~ _.,;.. a~/ tw ybrribin~ wit~e~es (rteh
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_~`~~eieibnS~ ~f~t asiLoritf A+17 sested ia ~iea b. aa+d cc~y~oraeaoe aad tiat sir ra! alL~ed tierew i~ tbt trve carporatr ~tal o( said [~D.xa-
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_'~ _ NiT1FSS:tY~i~ aad d6cia! sral u iie Coaac! ad Sene 6sa a~. ._.: 1 ds 3i st dr ot j~r . A. D. 19 80-
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