HomeMy WebLinkAbout0288 502063 ~ ~ ~ '~i
Thi: instrument prepared by:
8. C. JORDAN, III
~..ia«soK i wro~eoN a rouio, v~
2601 Teeth Avenue North
Lake Worth, Florida 33461
5,~.°A
Assumption and Release Agreement
THIS AC3REEMENT Made sad entered into thi: ~T / , 19
80
betareen RALPH STANGARONE and LAURA STANGARONE, his wife i
as party of the Rt':t part and bereinaRer referred w as the PURCHASER and FIRST FEDERAL SAV~IGS AND
LOAN ASSOCIATION OF LAKE WORTH (formerly Lake Worth Federal Savings and Loan Asaociatioa~ a
oorponaion existing under the laws of the United States of America, as party of the aeoond part, sad lrereinaRer referrod to
as the Mortgagee; e
WPINESSETH:
WHEREAS, bein= indebted to the Mortgagee for S 36 , 000.00 , on
November 26. , 19~-, COGTIEI.L CONSTRUCTION CO.. INC_, a
Florida Corporation and WARREN COWELL and GARY R. COWELL, Individually
hereinafter referred to as Mortgagor executed a mortgage note in the said amount to the Mortgagee,
~~Y ~~~g ~ PaY to the ceder of the Mortgagee the said amount is monthly installments of S 385.4 7
each, iachdiog interest; sad
WHEREAS,on the acme date, and as security for acid note, the Mortgagor executed a mortgage deed w the Mortgagee, it
being recorded is the oboe of the Ckrk of the Circuit Court in and for ST. LUCIE County, Florida, on
19 80 , in Official Record Book 321
2499 _ and encwnbering property located in St . Lucie County, Florida to-wit:
~ P~
•
Lot 24, Block 202, PORT ST. LUCIE SECTION FOUR, according to the Plat
thereof, as recorded in Plat Book 12, Pages 14A through 14G, of the
Public Records of St. Lucie County, Florida. ~ .
~r ~ _
=
~ _ '
- ~ i
e
• i
L~159357 gppR3~ PbI'Ei !.W