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ASSUMPTION AI~D RFLEAS£ AGREEMENP 1859i3
This Agreement, made this 18th day of November, 1969, by and between LARRY J.
HOWE and EVELYN M. HOWE, his wife, as the obligor, and Pl~BE M. WILLIAMS, the ;
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obligee, ~
WITNBSSETFI: ~
Whereas Charles Aubrey Griffin and Pegqie 9nith Griffin executed and delivered
~o the said Phebe M. Williams their promissory note secured by a mortgage dated
March 10, 1969, recorded in Official Iaecord Book 176, page 654, securing the original
sum of $17,500.00, the balance thereof on November 10, 1969 beinq $17,208.44; and
Whereas, Charles Aubrey Griffin and Peqgie S~nith Griffin, his wife, have this ~
date sold the property described in said mortgage, to~ait:
Lots 5,6,7,8,9,14,15,16,17 and 18, Block 23, TfJWN OF
WI~IITE CITY, FLORIDA, accordinq to the Plat ther.eof
as recorded in Plat Book 1, paqe 21 oE the Public
I~ecords of St. Lucie County, Florida,
to Larry J. Howe and Evelyn M. Howe, his wife, who have agreed to assume and to pay ;
said mortgage according to the terms thereof, relieving the aforesaid mortqagors of ~
liability for payment of same, and
Whereas, the said Phebe M. Williams is willing to release said Charles Aubrey
Griffin and Peggie 9nith Griffin, his wife fran the responsibility of paying said
mortgage and to substitute therefor the aforesaid Larry J. Howe and Evelyn M. Howe,
his wife as the obligors and iaortgagors;
Nt7W TI~RF,FORE, in consideration of the premis~s and the sum of $1.00 paid by
the obligor to the obligee, the said LARRY J. F10WE and EVELYN M. t~GTE, his wife, }i
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hereby covenant and agree with the said obligee, PI~BE M. WILLIAMS, to assume and '
agree to pay said mortgage according to the tenns thereof, as though they were the
original makers thereof, and the said PI~BE M. WILLIAMS does hereby agree to and
I
~ dces hereby release Charles Aubrey Griffin and Peg~e Smith Griffin, his Wife, from
f liability and obligation to pay the above described mortgage, and does hereby agree
to substitute in their stead and place the said LARRY J. HCJWE and EVELYN M. HaWE,
his wife.
WITNESS the hands and seals of the obligors and obligee hereto, the date and
~ .-~rear first above written.
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Witnesses to Larxy J. & Evelyn M- Howe
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K~_,, BOOK 1v1 ~CE 4J0 BOOK 1~1, ~~~~3
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