HomeMy WebLinkAbout0910 4~~~ Thit i~sttums~?t wcs prspohd bys ~
, Carol R. Trache 1~
of
' Commu~~~ty fedorol Sovi~ys 6
' loa~ Association.
~ R~i~ra geoch. Florido
r
20050680
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AGREEMENT
THIS AGREEI?tENT, made this~/a~' day of April , 19 79 ,
by and between COMMUNITY FEDERAL SAVINGS AHD LOAN ASSOCIP".`ION nF
RIVIERA BEACN, a corporation organized and existing under the laws
,
of the tlnited States of America, herPinafter referred to as
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~ "Mortgagee", and Herbert Evan Crassan & Lynne Dianne Crossan, h/w,
hereinafter referred to as "Purchaser". '
W I T N E S. S E T N:
WHEREAS, the Mortgagee is the owner and holder of a
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promissory note dated December 19 , 1978 , in the original amount
of THIRTY TWO THOUSAND AND NO/100-------- DOLLARS 32-,000.00---~
'd
which is secured by a mortgage of even date and recorded in Official 3
Record Book 300 , Page 599 , Public Records of St. Lucie ~
County, Florida, which"encumbers real estate described as followss
to-wit: •
Lot 16, Block 319 of PORT ST. LUCIE SEC'"ION TWO, a Subdivision
according to the plat thereof, recorded in Plat Book 12, Page
12A, of the Public Records of St. Lucie County, Florida.
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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
~ to the Mortgagee 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 t
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~ to assume said note and mortgage by the Mortgagee is that the Mortgagee f
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~ approve 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 . ~
.
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~ 10 of said mortaage being assumed and that the Purchasers pay an ;
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~ assumptipn fee. ~
Balance of loan assumed is $32,197.34.
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- . aec~ 308 ~cF 91~
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