HomeMy WebLinkAbout0118 nrr~~s~r:'L;~ +^~~i,~v~~• ~ + ; '
>T t KiY~t~vF SSUKPTIOPI AGRF.EMENT `
s. FR
~ ~[S •J'iG ~ O. J O ~ - . ~f
. ..'~'r'iti...'rti- ~
~ tba~ ltakar A~d in tu~qraph 7, b~io+r, and ssiesr~0 to i
NSE1t~J1S •
;
be=eir as ~Kak~r', ox~cut~ a t~ot~ in t~vo= Os aDV financial_ Corporatfon `
which note was asai~qned to t V~l.~4 S~Mtts Cot~otation, b~=e-
~ Washinqton ~'e8era S& Assn o Miamf Beac ~ g
iAaft~r s+~l~rr~d t~ as l2~e •~?ssoci~tion", a eopy ot whic2l A~s b~en sup-
pli~a to )uy~st atsd;
p~ERF..~s, t~aJcez sx~cut~d a sostqa~e ot ~vsn date Mit2s said Ao~e to
c:nv Financial Corporation, which mortgage was assigned to ~ sh n t Federal
savinqa ~ Loan Asao. of Miami •~curin9 said ~ote a~n0 ~nau~s=~~ ~e p=oP~~Y
Beach ~ a
d~~erib~d •ia puaqraph 10, bslow. a oopy oi ~bich bas ~~n !upplied to
$yry,~=, ~nd~.~hicA ~ort~ege is s~cor4ee ir Olticial ~eord: 8ook 263
at Pa9e 1~53 of the Public lt~cords of st. Lucie County, llorida;
ind. . ~ -
W'HEREAS, sai!! property is p=esently o~med by the •O~mer" as identi-
tied in paragreph below; and.
NHERF.~.S, the parLfes aa:ned in paraqraph 9, belw, and bereinatter
=eferred to as the •Suyer'. ~~vc this deY of ~ ~ 19~
,
purchued from Gtimer 4.he property sncurabered by said mortqsge, l~ave
applied to the A~tociation to assurde sai!! ~oortqage, ~and hive as a
condition of said purc2~ase agreed to assu~e a11 of tA~ obligations of ~
. ~
said ~ote wnct ~,ortgage; and, - _
NSEREAS, Buyer underetands that up~n ptrfonaance of all of the
con8itions of tAis l?gteement, the 7~s~ociation vill zelease l~sakez an~
~ Owmez frc~a tbe obligationa of said note and mortqage.
~ t~lOw, TAEREFORE, in consi!leration of the.premises and in considera-
tion of •uch fuzther covenants and eonditians prescribed bereinbeloa•, .
Buy~r, iointly and •everally, bereby expressly covenantc and ag=ees
~ as lolloti+s : ~
1, iuyer hereby assumes ar~e ~qr~es to pay and p~ztor~ all of the
obliq~tioais ot said aote and sortqage, toqet~l~er ~ritA •uch amendment6
to •ai!! oote as ~ay- be ber~iaatt,~r pr~~cribed.
~
~ 2. IIuyer b~teby ~~ckno~?l~dge: tDat s~id *+ortqege eonstitutcs
~ ;
~ . qood •na •alfa ~irst lian t~on tbe psoperty described in pazagraph 10. ,
~ ~
. bela+, a~d v~pon all othsr pzopetty ~ncucmber~d bY ana describcd in said
~
~
~ sortqaqe, aDe ~uy~r turtlier ackaa+lea9es tbat s~id s?ote constitntes a ~
~ .
oblf ~tion ir tavor ot tbe ~?ssociation. 'i
qood aszd ~?alid •tibsistiaq q ~
1~
~--~"sq t S . O I VlYs tn,r.,s„ern w» D,Ms,ed by~ i
p ~ aAi= * ~ ~N w.-STUART, Arrwney
~i
Y~ ~i(K~E ~j ~:~rs. ~ N+e law Officcs of t«„shon R tour ~ Sb~
~<<= ~s~( "~~t 1701 N1Qridian Ays
7/..,
€ C(~ p~ R~6~ p~T~~= OR N~~ ^~Je, M„rei Be~ch. Fiortda 33t39
rOT'~i Z ~S~7e~ ~t, tT a~ I77G ~ R s~ !
Page 1 of ~ ~ ~ 60aK We~ f~ICE ~
..`p~~ v''. ~ - f ~i.~~ _ _
~ 3 -w.