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• ASSIGNYBNT OF lVTORE ADVAji ~ `
17~5 ASS[GNMSNT n~ade and executed tDia da~ oi JONT 19 84
by the underaigaed, KENNIs'PH & ROBIN STTVENB
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w11ZdBSS~B'Z`H 1'HATt
'i~e underaigned are the opners oi t6e following desaiDed pe~o~pert~ aituated in S'~T LIIC~B -
Couaty. Flarida:
TSE NORTH ONE-HALF(N1-2) OF THE TAST Ol~-HALF(E1-2) OF THL M~b'T 194.46 I~EET OF ~ •
TAE EAST 511.15 FEEr OF THT 30IITH 210 FSET OF TSE NOATS 3?5 F~ OF THS 30DT$
2'10 FE~T OF THE NORTH 375 F'EF~T OF LOT 222 I~ITB CITY St1BDIVISION, ACCORDIP(3 '
TO THE PI,AT THER~F, AS R~7COF~ID IN PLAT BOOK 1, PAGB 25 ~ OF THS PUBLIC RDCORD3
OF ST. LUCIE COQNT7f, FLORIDA. A?~SO KN4VN AS LOT 10, BI.OCK 2, OF OARDCORDTD
SUBDIVISION, BROOME-TIOGA. , ~ E
THERB B7CLS'15 a first mertgage on sald pe~o~t~ dated 11-24 ~ , 19 ~,6 , and recoe+ded
in O.R. Book 260 , page 'f647 of tbe Public Recards oi ST LIICI~ Countq,
b'lurida, phich may permit the owne~rs to obtain f~s~tb?~ advawces oi funda secun~ed the~reby;
THS [TND8RS7GNBD desire to borrow funds irom AVCO FINANCIAL SERVICE3 OF FL. INC.
_ and secure sucL loan Nith a seca~d mortqage oa ssid prapdrtyt
IN COId9D8RATION oi such secoad mcrtgage loan being tnade by _ AYCO FIN~,ICI~
YICE~S _
0~' F1-. TNC. . the underaigned bereby wiRn to tLe holder of said
; second martgage ~11 iurther advances at any time hes~eafter made b~ tLe ata~esaid Ntst moetgage
holde~r, and autba~ise and direct tbe holder of tbe aaid first martga~e to disb~se all p~oceeds of
suc~ furtba~ advances to the crder of the Lolder oi said second mortgage to be appllad as a reduc-
tion of the uapaid principal balance of thc aeco~d martgage but ~ucb applicatioa sball not elimiaate
the requirements of mo~thlq payments due under aaid second mertg~ge.
The a~s~nmmt of f~at~er ad~anees berein made is iere~ocablE so 3nng as an7 fadebteda~e~s sec~aed
b'f said aecaod maetgage is ontrtaading and unpaid aad the reealpt b~ tLe uaders~ned o! a~ tuba~e
.
i ad~anoe Lerein a~peed ~6ai1 ca~stitute a default umder tLe said seca~d marlgag~e mtitl~nq tLe
I boidae ot the said secaod mart~age to all oi tbe rigbts aod nmedies a~ailable to it in tbe e~eat oi
a deiault as set farth ia said se~aood mae~tga,ge.
Tbis assi~meat msy be t+ccarded ia the Public Rei.~ads aad the holde+r o! tbe aiae+naid iirst mart-
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~ gage notified oi tbis aasi~pnme~t so tl~at it wfll be bamd b7 the terms of tbis insbnsmenL
IN WITNBSS WHBRBOF tt~e uadersigned have hereunto set their bands aud aeals the day and year •
fir~t above a?ritten.
~ AL)
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G~~~
• • ~ " (SEAL)
FLORIDA FILEG r'~ BIN STEY
STATE OF ) ROGER F~~~}tZ~`•'• ~~~`~K
~ ) SS S
T. L~CtE CO{JNT y. f
COUNTY OF ST I.QCIE )
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; Before me personally appeared ~~g ~~y~S & ROBIN 3TEVIIdS
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~ to me well known and knowa to me to be the individual(s) described ia aad aho executed the faregoing
p , instrument. and acknowledged befare me that ~ executed the same far the ptapose therein
~ e~cpe,essed~ . , , '
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-,~~~M11tlItKur4~ ' •
~ RI'PNSSS m hand and seal in tbe Couat and State la~ ~i1~ie~i1~?.. : da~ ot J~ .
Y Y
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19 84 . ~
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My Commission Expires: MY coMn~iss~Ot~ E~~~ ~ ',f~~~~_ . ~y , .
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