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ASSUMPTION AND MODIFICATION AGREEMENT
THIS ASSUMPTION AND MODIFICATION AGREEMENT is
entered into this 30th day of July ~
19 79 , by and between First Newport Realty Investors,
formerly Alison Mortgage Investment Trust, (hereinafter
called "Mortgagee"), Leonard MarQOlin and Doris S Ma aolin
(hereinafter cal led "1?fortgagors, " whether one or more
;v '
` ~ ~ : w~ ~ = than one) , and Robert L . fisher
' ~ d (hereinafter cal led "Grantees, " whether one or more
-~c~j than one) .
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W I T N E S S E T H:
'-~D~' 11 ~ij WIiEREAS, Mortgagors have given to Allstate Enterprises
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4 ~ ~ Mortgage Corporation, an Ohio corporation, (herein,
-it.
- ,'1° :~~~f-' "Allstate") , a certain mortgage, dated February 11th ,
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3 19 77 , recorded in Official Records Book 264 , Page
- - -
$49, of the Public Records of St. Lucie County,
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Florida (said mortgage is hereinafter called the "Mortgage");
and -
"WHEREAS, the tortgage secures an indebtedness
evidenced by a Note executed by Mortgagors on or about
February 11th 19 77 (said note is hereinafter
called the "Note"); and
' WHEREAS, Allstate assigned its interest in the
' Mortgaye and Note to Finisterre Corporation, and Finisterre
Corporation assigned its interest in said Mortgage and
Note to First Newport Realty Investors, a California
business trust; and RE~p= (1,3.1
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tUrSUl,~fi TO H~PTs.• 71-i34~ AC7: OF, ~/)i. ~ i
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alert cacwi COWIT, iL ucE 0~, AA, !
FNRI-Oceana 7/79
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