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ASSU~IFTION AND MODIFICATION AGREErIENT '
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THIS ASSUMPTION AND MODIFICATION AGREEMENT is "
entered into this 6th day of November
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19 78, by and between First Newport Realty Investors, . ~
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formerly Alison Mortgage Investment Trust, (hereinafter
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called "Mortgagee"), ~thony Picciurro and James Rood ~
(hereinafter called "Mortgagors", whether one or more than ~
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one) , and Stefan H•. kobi 1~ak an~ Patri r•i ~ A Kobi a.k ~
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(hereinafter called "Grantees", whether one or more than :
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one). ;
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W I T N E S S E i H: ~ ;
WHEREAS, Mortgagors have viven to Allstate Enter- ,
prises Mortgage Corporation, an Ohio corporation, (herein,
"Allstate"), a certain mortgage, dated January 21 ;
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197 7, recorded in Official Records Book 263 , Page 669 ;
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of the Public Records of St. Lucie County, Florida (said -j
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mortgage is hereinafter called the "Mortgage"); and {
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WHEREAS, the Mortgage secures an indebtedness ~
evidenced by a note executed by~Mortgagors~on or about ~
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January 21 , 191L (said note is hereinafter , ~ ~
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called the "Note"); and
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WII~RL•'AS, 1111state assigned its inlcres~ in the
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Mortgage and Note to Finisterre Corporation, and Finisterre ~
FNRI-Oceana
~ BU~K PMCE 807
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