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ESTOPPEL AND SOLVENCY AFFIDAVIT
STATE OF FLORIpA )
)
COUNTY OF ST. LUCIE )
Before me, the undersigned authority, personally appeared
JAMES M. CRONIN and ELIZABETH W. CRONIN, his wife, who, after
being by me first duly sworn, say:
1. That they are the grantors who made and executed t'hat
certain Warranty Deed to JAMES PURVIS and LAURA PURVIS, his wife,
dated February ~~, 1981, conveying the following described pro-
perty located in St. Lucie County, Florida:
Tre W~ of the E~ of the SE~ of the NW~ of
Section 10, Township 35 South, Range 39 East.
LESS that land deeded to the Florida State
Turnpike Authority by Warranty Deed dated
April 19, 1962, filed in O.R. Book 34, Page
640, public records of St. Lucie County, Florida.
2. The d~:d was an absolute conveyance of the title to the
property to the grantees named in it in effect as well as in form,
and was and is not intended as a mortgage, trust conveyance or
security of any kind, and possession of the premises has been sur-
rendered to the grantees; the consideration in the deed was and is
the full cancellation of all debts, obligations, costs and charges
previously existing under and by virtue of the terms of a certain
~~
mortgage previously existing on the property described in that mort-
gage and in this instrument, executed by JAMES M. CRONIN and ELIZABETH
W. CRONIN, as mortgagees, dated November 16, 1979, filed November 30,
1979 and recorded in O.R. Book 321, Page 603, public records of St.
Lucie County, Florida, and the cancellation of record of the mort- '~~
gage by its holders.
3. The deed and conveyance was made by these deponents as
the result of their request that the grantees accept the deed and
was their free and voluntary act; at the time of making the deed
these deponents felt and still feel that the mortgage indebtedness
above mentioned represented or exceeded the fair value of the pro-
perty so deeded; the deed was not given as a preference against any
, ~~'~ 348 PN~E 27~4
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