I'm not sure how street addresses are formatted in Israel, so maybe the CaB system doesn't either and that's why it's causing problems. Have you tried typing things out instead of abbreviating, or vice versa?
Also, make sure you are selecting your country first before you fill in any of the boxes. I remember getting an address error when setting up my account if I filled in my address before changing the country. CaB registration is definitely not the most user friendly form, so just keep trying different things.
I was looking up Israeli address formats and came up with a sample address, which I used to try to create a dummy CaB account:
12 Shderot Yerushalayim
68021 Tel Aviv - Yafo
This address also gave me multiple errors when I tried to submit the form, but the biggest problem seemed to be the postal code. I used a zip code lookup to see if it was legit, and even the zip code lookup was saying it was invalid. It gave me a suggested zip code of 90680 and listed the city as Tomer.
When I changed the zip code and city to this on my form, CaB finally accepted it. Now, keep in mind I have no idea how much of this is correct, but this is how I had to fill out my form with the above dummy address:
Street Address: Shderot Yerushalayim
Street No: 12
Address suffix: (leave this blank unless you need it)
Zip Code: 90680
State: Tel Aviv - Yafo
Country: Israel (remember change this 1st BEFORE you fill out the form)
I don't know if zip codes in Israel have different international codes, but this is the website I used to find the zip code that CaB would accept: http://www.addressdoctor.com/lookup/default.aspx?lang=en&country=ISR
If this doesn't work then I have absolutely no idea what to try next, so this is pretty much the extent of the help I can offer. I really hope it works for you though. Good luck!