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MARGOLIS v. CITY NATIONAL BANK

No. 82-1873.

436 So.2d 438 (1983)

David R. MARGOLIS, Appellant, v. CITY NATIONAL BANK OF HALLANDALE, a National Banking Corporation, Ira Lustig, James D. Brusso, Martin Formento, Joel Brusso and the Apartment, Inc., a Florida Corporation, Appellees.

District Court of Appeal of Florida, Fourth District.

August 31, 1983.

Attorney(s) appearing for the Case

Charles Wender of Smith, Smith & Wender, P.A., Boca Raton, for appellant.

Arnold R. Ginsberg of Horton, Perse & Ginsberg, Miami, and Allan M. Rubin of Rubin & Rubinchik, P.A., Hollywood, for appellee — City Nat. Bank of Hallandale.

LETTS, Judge.

This appeal involves the assignment of a lease to a lender bank to secure a loan to the tenant for leasehold improvements. Included in the assignment executed by the landlord, the tenant and the bank was the following language:

[THE TENANT] hereby grants, bargains, sells, assigns, transfers and sets over unto CITY NATIONAL BANK OF HALLANDALE, its successors and assigns forever, all of the right, title and interest of the assignor in and to that...

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