HomeMy WebLinkAbout2937 ~ {
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. ~ A~fiUM~T10N OF INDEBTEDNESS
vlle heteby aeknovMerlge tlrt rw haw putoheead cattalo property deeorfbed « foNoeet:
FAIRL1WIt S/D, BL1c 2, Ltit 28, Racord®d in Plat ~ fE6 21 1Ui ~ 16
Boot 6 at PaBo S of tlta Public Racorde of ~ Eo ~
St. hucia County, Florida. uC) r~~
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t1ECOM VflttflEO_
end further acknowledge that. es part of tM purohw prig of said property. we haw sssunled tM itldebtedrress in tM form of s rrob peyabM
to the order of FIRST NATIONAL BANK OF FORT PIBRC$
by s (rileck oriel O sewriri agrnrent ~ nartgege O other - 1
on tM property node above, rbted`~6~21-78 ,and which a arried on tM books of rile bank a Loon No. 36035
w. Hereby agr« that tM above described nrortgege shall incllyde alt •ftlr-acquired praputy and shall salurs, in addition to th• tab or
obligation above daeribed, any sdditionel losrrs or future adrerioes made within tM term of this asumption of mortgage foen to saki
martgagots err any suoaaor in title of ssid nartgpors of tM property hereby conveyed.
SECURITY ANO SETOFF: Loan is secured by s lion on property above described, togrther with all appliances; and issttls now or here-
- Biter ettaNred so oar plead on the property and rannally ooruidered eacretiorrs thereto. The bank is given the right of atoll agNnst all
deposits, credits, and other property of tM borrowers in the posassbn or control of tM bank. for itrdebtedriess, though utlrnetured.
LATE PAYMENT AND DEFAULT: Mort~a: earowers ere subject m s tab slwge not to exceed of soy imbiUirent unpaid for
10 days aher tM date dw with a minimum duxge ere rrley be reasotrably irnPaed from time to tuna.
Otbea second !awes: Borrowers are subject to a late durrga computed at tM reb of SA6 per 51.00 on each irutNlnNnt in default for a
period in excess of 10 days. No such charge to exceed 5.5.00. TM borrower of any loan a required to pay tM bank ail oats of eollectton
including a reasonsbls stoorney't f« if referred for oolNction or foreclosure.
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PREPAYMENT: Borrowers may at ariy Cube prepay in full arry unpaid balance without penthy. Provided that tM creditor may robin a
minimum finance Nrarge of 56.00 in all secured loans other then mortgsge loerrs.
In the event of veriarln between the above detsiis and the ban documents, said documents will prewil.
t
E Vile further edcrrovMeege that vre hew made appiiation to said bank, which has been aooepbd by it, and in ooruiderstion of srrefr soap-
€ tans, vre hereby asarnr and agr« to pay the said obligation to the bank and acknowledge that vee hold atd property subject to aid lien and
F that we wi(1 mak! tM prescribed monthly payments thereon,~o tM bank, and will perform all other requirements in eocerdsriee with the
terms of aid tab grid Iclreck one) O acurity epreerrtent 0 mortgage C] other 1.
This agreement spplies to, inures to the benefit of and binds all perties hereto and their retpectiw heir, legatees. deviaa personal re-
presentatives, woeepors end assigns.
IN WITNESS WHEREOF, we tune Mnunto at our hands and awls this~~dsy of.Februarv ,19$Q, end sdcnowleege that
ws hew received a completed copy of this sswmption agreement on aid dace.
esenoe of:
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_ PARTY
(BEAU
AS ASSUMING PARTIES ~ ~S. MIND PAR Y
As sellers of the above detaibed property we hereby acknowledge end agr« that after this aswmptton we shall continue to remain ob-
ligsted to pay the above described loan soeordirg to all its terms end conditions as existed on tM deb we became obligated thereon,
r rdlets of the assumption or arry alteration or charge in the terms or conditions of aid loco r the Ban for this sastrrilption.
t
~ , ~ J S G PAR
E AS TO SELLING PARTIES LUNG PARTY
BBVSRI.Y D.
f
~ STATE OF FLORIDA ..::-,ij~ .
Before ore per:otrally app«red AR18UR M. AND ANNBTTS M. LBSSARD (buyers) Said =.~~1 •C: •
~ BE{1SRLY C. PQRNELL (seller~~ rn. well known end known to ore to be individwls dean - Whig. " •Q'wy?fTategotng
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iriatrtNrNrrt as aeeuming perry end acknaivledgad before rite thst tMy executed the ssme for the purpae tlijr~irFa.. h
Y
MfITNESS my bend end official test this dw of FebruaLX , 1880 - ~ t ~ ` ~ ~ .
C~ aaionexpira~Pril 3, 1982 ?,:rr r~+,~~~`'`~
IlittR li16Gc, State of F{orida at La-~•
My Colealission E><exres ltrtd 3. ~;3Z
Fes sec Rsev. af~s rw, e/~a ar~•lGeJ Pd6EL.eZe).L ~''i0 a ~..K.. rte, s ~...x. c-..a+. `i~