HomeMy WebLinkAbout0571 . c This inslrument wos propared by: ~
~U'~~o Jennie Tetterton ' ~
~ of ~
Community Fedarai Savinpi b
~ leAn AlsoCiation.
, Rivi~~o 8acch, Flo~ida ~
20006088 -
AGREEMENT
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THIS AGREEMENT made this da of i`'~Y , 19 78 ,
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by and between COMMUNITY FEDERAL SAVINGS AND~LOAN ASSOCIP"_'ION OF
RIVIERA BEACH, a corporation organized and existing under the laws ~
of the tlnited States of America, hereinafter referYed to as
"Mortgagee" , and ~t~w J. and Doris J. Tandy .
.
hereinafter referred to as "Purchaser".
W I. T N E S S E. T H: ~ . .
WHEREAS, the Mortgagee is the owner and holder of a
promissory no~e dated ~ober 30 , 19 76 , in the original amount
of ~~Y ~ ~ ~ DOLLARS ( $ 24,000.00 ~ -
which is secured by a mortgage of even date and recorded in Official
Record Book 2S9 , Page 2480 , Public Records of St. Lucie Coi.mty
Count~, Florida, which encumbers real estate described as follows, ~
to-wit: ,
/ Lot 3, Block 263, P(~f ST. IIJCIE, SECI'ION OI~, .
according to the plat thereof recorded in Plat Book 11, .
page 53, puhlic records of St I,ucie Crnmty, Florida.
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a~~~'~lf~TlaRY s-!,r~n~ r~,. ~ R~.w.a~ MPa~nt~~tOtT~..
~ `y' L:.t OF REYENUE ~a'~ DU! 01f Clasi "C" ~tMaflpbl~PN~011NPr'oP«h~
~ :~h ~ = s~~.2•n ~ 3 6. ! 5 ~ q,•~,.~ ro cn.oe. ~a~ ~?oe. a ~v».
` ~ _ 'n. , ' ~t00ER POIT1t118 G~~ -
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WHEREAS, the Purchasers are purchasing said real estate and
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have agreed to assume said note and mortgage and have made.application E~•'s
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to the Mortgagee to allow the Purchasers to assume the hereinbefore ~y.3~
described indebtedness,evidenced by said note and mortgage as a part
of the purchase price.
WHEREAS, part of the consideration for allowing the Purchasers
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to assume said note and mortgage by the Mortgagee is that the Mortgagee ~
.approve the Purchasers' credit and that the interest rate shall he at_
such rate as the Mortgagee shall request in accordance ~vith Paragr~ph
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10 of said mortgage being assumed and that the Purchasers pay an f
• assumption fee.
Balance of Loan Assuned is~~24,082.64.- ;
~ - R PAGL 56~ ~
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