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<br />200603081
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<br />Space above this line for Recorder's use only
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<br />Tl-IIS ASSiC\\IENT OF LEASES AND RENTS ("Assignment") made as of March 31,
<br />2006, by RaynHlIHt \ Robertson and Marilyn Robertson, husband and wife, having an address at 303
<br />Thebe St, Cairo. N: :',24, as assignor ("Borrower") to InterBay Funding, LLC, a Delaware Limited
<br />Liability Compal1\ \ :lg an address at 4601 Sheridan Street, 6th Floor, Hollywood, Florida 33021,
<br />as assignee ("Lclllk:
<br />
<br />R Eel TAL S:
<br />
<br />Borrower by its 1)11),,; '; ,my note of even date herewith given to Lender is indebted to Lender in the
<br />principal sum oj ')111' Hundred Twenty-Three Thousand Two Hundred Fifty and No/IOO
<br />Dollars ($123,250,0(\, ;1: lawful money of the United States of Anlerica (together with all extensions,
<br />renewals, modifil\ii; 'I, substitutions and amendments thereof, the "Note"), with interest from the
<br />date thereof at thc 1:,,_"- "ct forth in the Note, principal and interest to be payable in accordance with
<br />the terms and COI}ii, 'ii provided in the Note.
<br />
<br />Borrower desires ll.:
<br />obligations undcl :
<br />Instrument (defil1l'c
<br />
<br />- - ~ ire the payment of the Debt (defined below) and the performance of all of its
<br />\...) ole and the Other Obligations as defined in Article 2 of the Security
<br />_ ;(IW).
<br />
<br />In consideration o[ ::, ,'~Tcclit represented by the Note, and other good and valuable consideration, and
<br />intending to be leg,li: \, hound, the parties agree as follows:
<br />
<br />CONSIDERAIJ()\':
<br />to Borrower eviu,',,,
<br />deed of trust and :,~'.
<br />security instrumcli'
<br />principal sum 01 :
<br />($123,250.00), c.:
<br />Exhibit A attaclll'"
<br />principal sum, il1l'",
<br />this Assignment ,11l!!
<br />"DebL" The dou,i;, '
<br />hereafter executed Ii
<br />secure or guara11ll.
<br />
<br />t..rn 9/(
<br />
<br />CONSIDERA TION
<br />
<br />is Assignment is made in consideration of that certain loan made by Lender
<br />lY the Note and secured by that certain mortgage and security agreement,
<br />i:', agreement, deed to secure debt and security agreement or similar real estate
<br />. n by Borrower for the benefit of Lender, dated the date hereof, in the
<br />. !ul1c1recl Twenty-Three Thousand Two Hundred Fifty and No/lOO Dollars
<br />Lhe Property, (the "Property"), described therein and legally described on
<br />,,';::10 and intended to be duly recorded (the "Security Instrument"). The
<br />I :illd all other sums due and payable under the Note, the Security Instrument,
<br />I \,- Other Security Documents (defined below) are collectively referred to as the
<br />" other than this Assignment, the Note or the Security Instrument now or
<br />!rrower and/or others and by or in favor of Lender which wholly or partially
<br />: 'en[ of the Debt are referred to herein as the "Other Security Documents."
<br />
<br />QUK.
<br />
<br />() 1..0 q l\ l")C)~oq
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