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' This instntment ww preparsd bye
T.it~rla T._ S Pt']t1E~nGnn
_
sYA~r~=----~-F~o~~~~~; ? of
7C -U~~ENTARY ~ STAMP ' ~ Community Fedsrol Savings b
Association
DEP i ~~;F H.CVE'~Ut ' ~ ' Loon ,
v - t ~i~-+'.~1 ~ , Riviero Beoch, Florido
' ~ ~ ' _ _ ~ AGREEMENT
_ ~
20062404 ~.5'
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THIS AGREEMENT, made this~~Zt day. of ~,~r , 19 79 ,
b and between COMMUNITY FEDERAL SAVINGS A?~D LOAN AS
Y SOCIPTION OF
RIVIERA BEACH, a corporation organized and existing under the laws
i
of the ITnited States of America, hereinafter referred to as q
"Mortgagee" , and Almon H. Mitchell and Joan Mitd1e11
hereinafter referred to as "Purchaser".
W I T N E S S E T H:
WHEREAS, the Mortgagee is the owner and holder of a
promissory note dated Sept~nber 7 , 19 79 in the original amount
1
of _ THIRTY-SIX TFKXISAND FOtn? Hiit+IDREn Ai+ID [1n
~l on ~LLF?RS (S 36, 400.00 )
which is secured by a"mortgage of even date and recorded in Official
Record Book 316 Page 1175 Public Records of St. Lucie ~
County, Florida, which encumbers real estate described as follows;
to-wit;
s
I,~t 12, Block 730, PORT ST. I~JCIE SJ:7CPICN EI(~i'TEE1~1, aoaording to the
Plat thereof as recnYt3ed in plat Book 13, page 17, of the Pablic Reo~rds
of St. Lucie County, Florida. "
R.eNwa • a+ Pertttsttt a T~a~
Ow On Clue "C" Itstanp~b Peisonat propMty,
h1~WeM To Chaptu 71. 134, Acttt Os •971.
ROGER POITRAS ~.'~i~
~'IMh CMatlt Court, SL Lucie. Co., Fl?.
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 apart
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 he at ~
such rate as the Mortgagee shall request in accordance ~vith Paragraph
20 of said mortgage being assumed and that the Purchasers pay an ~
assumption fee.
Zl~e balance of the mortgage being assured is $37,046.99.
~o~ 320 PEE 1235