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HomeMy WebLinkAbout1767 qage described above and to substitute in their place, D& E GROVSS, INC., and WHEREAS, D& E GROVES, INC., has agreed to assume the re- sponsibilities for full payment of all sums due under the note and mortgage given to the Florida Bank at Fort Pierce, and WHEREAS, D& E GROVES, INC., a Florida corporation, has agreed to hold the W'hitakers harmless under said note and - mortqage. it is hereby atipulated and agreed as follows: ~ WHSREAS, D& E GROVES, INC., a Florida corporation, does hereby undertake.to perform the duties and responsibi2ities and all obligations under that note and mortgage described above to the Florida Bank at Fort Pierce; and further To perforn? in every way and to the same extent as if D& E GROVES, INC., a Florida corporation, were the maker of said promissory note and as the original mortgagor and to perform said obligations in lieu of COLIE B. WHITAKER, JR. and NINA BELL WHITARER, his wife, which D& E GROVES, INC., agree to hold harmless ~ from any duties under said note and mortgage; and it is further agreed That the Florida Bank at Fort Pierce does hereby release and discharge COLIE B.WHITARER, JR. and NINA BELL WAITARER, his wife, from all claims, obligations and demands which may arise or have arisen in respect to said promissory note and mortgage described above; and it is further agreed ~ That the Florida Bank at Fort Pierce accepts the liability of D& E GROVES, INC., on the note and mortgage in lieu of ~ COLIE B. WHITARER, JR. and NINA BELL WHITARER, his wife, and ' agrees to be bound by the terms oE the note and mortgage in every way as if D& E GROVES, INC., a Florida corporation,were the original maker of said note and were the original nbrtgagor; and it is further agreed That COLIE B. WH~TARER, JR. and NINA BELL WHITAKER, his wife, hereby agree to the substitution of D& E GROVES. INC., a Florida corporation as the par~y responsible for all monies due under that ` certain note and mortgage described above to the Florida Bank at ~ - -2- 0 R gooK2~4 ~.~~E17fi6 ~ ~ ~ 3 = _ ~ ~ . ~ a~;.~.~., . ~