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performed herein.
E. The existence of this asset prevents the ward from
qualifying for medicaid assistance which would enable her to be
placed in a regular nursing home and receive the care which is
necessary for her.
3. Petitioner desires to sell the property to the mortgagee,
Mr. Albert Procton, for the sum of $9,000.00, and on the following
terms:
Cash in return for satisfaction of mortgage.
The agreement relative to this sale is verbal in nature and is ~
contingent upon court approval. }
1
4. The petitioner believes that the terms outlined above ~
are the best available at this time given the presently existing
1
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mortgage market. The petitioner has made inquiries {both locally
and outside the area) relative to the~sale or discount of the
i
mortgage in question, and the highest offer received to date for
this mortgage is the offer of Mr. Procton, the mortgagee. It ~ i
is necessary to severely discount this mortgage due to the
presently existing mortgage rates and further due to the presently
existing interest rates payable in lending institutions throughout
the county.
WHEREFORE, Petitioner requests that an-order be entered -
authorizing him to sell the above described property on the
conditions and terms set forth in this petition.
Under penalties of perjury I declare that I have read the
foregoing and the facts therein are true, to the best of my
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knowledge and belief. _ '
(fit `l
Executed this ~ day of January, 1980.
Attorney for Petitioner ~ ~
Law Offices of
,r ~ ~
RICHARD D. SNEED, yTR., P.A. ~`l
~-`i'~ ~ Pet ner _ . - ~ ~
\ ~ J 7
By ~ .~J ~ 4
.7~5~6
Richa d D. S , Jr.
700 Virginia A enue t.
Suite 104-Sun Bank Bldg. J~~ I'5 1~-;
Fort Pierce, FL 33450 ?
Telephone: 465-2330 ~.LL£~f~h~i1TY.F A.
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lAM OFFICES OT SICHASD D- S\EED. JS.. P. A., 700 ~'ISpIYfA AVEKCE, SCITE 104-Si:\ BAY[ HLDO.. R. PIESCE. TLOSIDA 334.50 (JO6) 445-2330 ,