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HomeMy WebLinkAbout2730 f 444628 ~ ~ ASSUMPTION AND MODIFICATION AGREEMENT THIS ASSUMPTION AND MODIFICATION AGREEMENT is ~ entered into this 12th day of April, 1979,•by and _ ; iri ~ between First Newport Realty Investors, formerly Alison - ter Mortgage Investment Trust, (hereinafter called "Mort- r , . _•~'•z::"- ~ gagee") , and J . James Powers and Margaret A. Powers . ~ (hereinafter called "Grantees," whether one or more ;i !1 L. ~ ~ ~ than one) . ~+ti J .u ~ N 1= W I T N E S S E T H c WHEREAS, Francis H. Lightfoot , Ronald L. Mackey and Ruth L. Mackey (herein "Mortgagor"), have given to ...vttiT Allstate Enterprises Mortgage Corporation, an Ohio corporation, (herein, "Allstate"), a certain mortgage, dated November 29, 1976, recorded in Official Records i r ~ Book 261, Page 1716, of the Public Records of St. Lucie ~~r County, Florida (said mortgage is hereinafter called • the "Mortgage"); and F WHEREAS, the Mortgage secures an indebtedness evi- denced by a note executed by Mortgagors on or about November 29, 1976, (said note is hereinafter called the i "Note"); and WHEREAS, Allstate assigned its interest in the Mortgage and Note to Finisterre Corporation, and Fini- sterre Corporation assigned its interest in said Mort- i _ gage and Note to First Newport Realty Investors, a Received s Ua'~3 in Payment of Taxes Due On Ctass "C" tntan~ible Personal Property. U R ~~p~ f~~ pu?suant To Chapter 71, 134, Acts Ot 1871. 90C!c JV~ PACE(¦, ROGER POITRAS 9 ('ie?k C~rutt Court, St. Lucie, CrO.. Fla. FNRI-Oceana ( r - ~ -