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- RivMro d~oeh. Florida
AGREEMENT
THIS AGREEMENT, made this
~~day of 19~,
by and between COMMUNITY FEDERAL SAVINGS AND LOAN ASSOCIATION OF -
RIVIERA BEACH, a corporation organized and existing under the laws
of the United States of America, hereinafter referred to as
"Mortgagee", and David Taylor and Theresa M. Taylor, ,
hereinafter referred to as "Purchaser".
W I T N E S SETH:
- WHEREAS, the Mortgagee is the owner and holder of a
promissory note dated- June 27, ~ , 19 78 , in the original amount
of ZWFSTI'Y~ 'Ai~ID FQJR Hi~iDEiED AMID 001100 ~I+LA~ ,Z~ 400, d0
which is secured by a mortgage of even date and recorded in Official
Record Book 289 Page 1869 Public Records of _ „r,;p
County; Florida, which encumbers real estate describesi as follows,
to-wit:
Iot 3, Block 387, PORT ST. Il1C7E, S~HCTICN ZWF31I'Y-FQ.A2, aoo~o~+di:ig to _
the Plat thereof, as recorded in plat Book 13, Pages 31 and 31A
through 31C, of the public reoorr3s of St. Lucie Oamty, Florida.
*P~Trsuant to that Modification Agreeatent & Partial liele~-ase Acpeeaent
dated S 19, 1978 in Official Reoo~d Book 294, Page 2007
through 2010, of the Public Racor+ds of St. Lucie Oamty, Fl~ida.
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
to assume said note and mortgage by the Mortgagee is that the Mortgagee
approve the Purchasers' credit and that the interest rate shall be at
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.
t~ Zhe balance ~ the loan being asstmed is $29,181.73. 1~ f~~~ ¦ tlilf~T Oi Tli>Ri
DYE MI CLAtt 'C' NIT~tt6 BlE PERlNfA~ R,
-l rYASUANi TO awTM~/~//~~f~ne~•~~4~,{{pn~.C~!Ti Of 1T1,
t, Re~.~ tt•i~i• rM~tYM
` 8~K J15 PAGE axE~ a~rr wYll>r, s~ ulat ~o~, ~tA.
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