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~ ASSUMPTION OF INDEBTEDNESS~9~54
- VIN hereby ecknowtedge tMt wa hew purchased certain propNty daeribed u follorw:
1979 Chev. Truck Serlal Ca7DE9V107961
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494154
199A JUl. 26 ~ Ik 01
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and further adtnovWedge that, re part of the purchase prile of seid property, vra haw aswmad tM ind~todiwu in tho form of a iwb pry~bb
to theonMrof_ First Nationa] Bank of Fort Pierce orb
~RA~~ Secur~'ty Agreement on Truck
by a IcMek oral ~ severity agreerrMnt CI mortgage ~1 other - - _ I -
on the property noted above, dead 11 / 9 / 7 8 ,and which b carried on the book. of the beak r town No. ] 7 3 7
YW Mreby agrN that the above dacnbed ntortgeoe shall incltrdt sll aftar~oquirtd property and shell setae, N addition tlo the rwa or `
oaigetion above described, any additional loans a future adwnas made .within tM teen of this assumption of nwrtgaga keen m said
rtwrtgsgore or any successor in titN of said mortgegore of tM property hereby conveyed.
SECURITY AND SETOFF: Loen is sewed by a tier on property above daaibed, together with aN appliances; snd items now o?1ara. tt'
after attached to or piapd on tM property and norrrlsUy oonskNred soeredora thereto. The bank is given the right of setoff agaieut elf f
depoeib, credits, and other property of the borrowers in the possession or oondol of tM bank, for indabttdneas, thougt, wtmMwad. .
LATE PAYMENT AND DEFAULT: JNo?tgtSa: BorrOrwrs era subject m • 4a durge not to exesed 2!L of any irtstdkrtant uepeid for
t0 dsys after the daa dw with a minimum chargt as may be ressonably irnpoesd hen lima to lima.
Other second loans: Borrowers are wbjeet to • bte charge computed at the re» of sA6 par ft AO on each instalbttent in defaWt for a
period in excess of 10 days, No such charge to exeatd sb.00. The borrower of any k»n is required to pay tlt~ bank all eosa of collection
indudirq s reasonaae attornty's fta if referred for oolleaion or fortxlowre.
PREPAYMENT: 8orrowen may at sny time prepay in full any unpaid bslana without penahy. Provided thst the creditor may retain a
minimum finanp charge of SZ5.00 in all secured keens other than rrartgsga loeru. .
In tM event Of varisnct between tM above detaib and tM k~tn documents, said dovemtnts will prevail.
yW further seknowledgt that we haw nuxfe appliation to said bank, whidt has been accepted bT/ it, snd in coneidaration.os such aotep-
tans. we booby assume and sgret to pay tM said oaigaYron to the bank and acknowlsdge that vra hold said property subject to said Tian and
that we will make the pretcribsd thly paymMntt thereon to tM benk, and will pert all o raga m so~d~ the
terms of said non snd (eMck onti~ severity apretm~ent O ntortgsge ~ other '°~e c u r`~`ty ~1
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- This agreement applies to, inure to tM benefit of snd binds all parties hereto and thei? rapectrve heirs, hystep, devisees peraoetal te- f
presentatiws, successors snd sssipru. '
IN WITNESS WHEREOF, rr. haw hereunto set our hsnds.and sesi: this 22 dsy of July ~ ig $0~~~~ tMt
vw haw ractived a eomp~latad copy of cha assumption agreement on said date.
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In presence o - r
~ y] van es t
hsl csEAu ~
_ T
LIMING PARTIES 11 t tSEAL!
_ C w Cr ek, 'Inc. ~
d mes Pe1~~~'r ti PARTY
AS TO SELLING PARTIES SELLING PARTY
STATE OF FLORIDA
COUNTY OF _
Before mepersonanysppared- Charles Campbell, Bernard Egan and" Tames L. Fsrc~r
y,: .
co me well known and known to mw to bt individwls dumbed irlerti~~t~ tfu foregoing
i!Ktrument es assuming party and scknowkxlgsd before m• that they exteutt0 the saint for tlaf purpose the[jiri ~ _ ; '
r%.~
22 Jut , tg
WITNESSiny hand and officiM seal this dsy of _ Y $0 ~ ' : s=.~ j+s
1• H ~'1'g~
Notary Puaic ~ i
My Commission expires: ~ '
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