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' ~ This instrument was prepared by:
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Community Federal Savings ~ Loan
493106 Association, Riviera Beach, FL
260o e~ b~.n5
AGREEMENT
(2000227)
THIS AGREEMENT, made thisT ay of e ~ 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 Edward R. Hams and Sonia K. Haines, his wife ,
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 r 6 , 19~-, in the original amount
of ~~y One ~ and OOj100 ~ DOLLARS (s 41,000.00 )
which is secured by a mortgage of even date and recorded in~Official -
E Record Book Pa a Public Records of
299 ~ g 7612. St_ ?~~cie
County, Florida, which encumbers real estate described as follows,
~ to-wit:
j Lot 1, Block 385, PORT ST. I~ICIE, Section Twenty--Four, according to
~ 'the Plat thereof as recorded in Plat Book 13, page 31, of the public
i records of St. Lucie Cauity, Florida. .
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~'7 N i,EJi OF i'.£VENUE ~`'~s' _
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*I~AW KNC~l1N AS ~INMINI'I'Y FERAL S~AVIIJGS AND IAN AS90CIATION OF 241E PALM BEAQIES .
( WHEREAS, the Purchasers are purchasing said real estate and
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'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 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 . Zhe ~ of this assuq?tion is $40, 651.84
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so~335 P~ 1i3
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