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Thls inshumenf was prepond ~t
• 4i~~9 Carol R. Trache
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Community Federal Savins b t
OF ~ O R I ci ~ loon Assoti~t:a~,
OC MEt_E RY TAMP TAX Riviero l>e~th, Florida
OEP~VENI)t: ~i
r~~c:t•» 4 2.0 0 1 20039519
" _ ~ _ ~ AGREEMENT
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THIS AGREEMENT,. made this~,_day~of November , 19 78,
by and between COMMUNITY FEDERAL SAVINGS AND LOAN ASSOCIP.TION OF
.S RIVIERA BEACH, a corporation organized and existing under the laws
of the United States of America, hereinafter referred to as
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"Mortgagee", and Lewi$ A. Bagnell and Prisca Bagnell, his wife ,
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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 .
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promissory note dated May 11 , 1978 in the original amount
of THIRTY ONE THOUSAND FIVE HUNDRED & NO/ DOLLARS 31,500.00--j
which is secured by a mortgage of even date and recorded in Official
Record Book 286 , Page 2321 Public Records~of St. Lucie
Count, Florida, which encumbers real estate described as followss
to-wit: -
Lot 34, Block 608, PORT ST. LUCIE, SECTION THIRTEEN, according
'to the Plat thereof, as recorded in Plat Book 13, Pages 4
and 4A through 4M, of the public records of St. Lucie County,
Florida.
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,,ip IMetf~Id • / M1 hYfnseR Ot TaxN ~
V U / Ow On CM~s "C'' MM~ff~ifa ~W~otrl Prop~ill. i
lsrtuarn To ChepMr 71, tip. Aas Ot 1/ij7~1..~/J
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Otaf~c t~rcult Gofrt, >ll. t+fNi~ Gor. H~.
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WHEREAS, the Purchasers are purchasing said real estate and
have agreed to assume said note and mortgage and have made application
*_o the ~rtcaagee to allow the Purchasers to assume the hereinbefore ~
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
a rove the Purchasers' credit and that the interest rate shall he at
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such rate as the Mortgagee shall request in accordance with Paragraph .
10 of said mortgage being assumed and that the Purchasers pay an
assumption fee.
Balance of loan assumed is $28,000.00. till
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