HomeMy WebLinkAbout0914 SHUFORD by Paul H.Freeman, as Trustee, together with all interest
accuring thereon subsequent to the dat~ hereof, a true copy of
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which is attached hereto as Exhibit A.
B. All of SHUFORD'S right, title and interest in and to
those certain security interests given by Paul H. Freeman, as
Trustee, to secure payment of the Promissory Note being herein
assigned, said interests being described as: Second Purchase Money
Mortgage dated September 3, 1982 given by Paul H. Freeman, as .
trustee, as Mortgagor, a true copy of which is attached hereto as
Exhibit B; Security Agreement dated September 3, 1982, given by
Paul H. Freeman, as Trustee, Debtor, a true copy of which is
attached hereto as Exhibit C; and Escrow Agreement dated September
3, 1982, a true copy of which is attached hereto as Exhibit D.
2. This assignment is expressly conditioned upon the
agreement of BOWEN to assume and pay according to its terms that
certain first mortgage held by The Equitable Life Assurance
Society of the U.S. dated January 9, 1978, and being recorded in
O/R Book 280, pag~ 1403, public records of St. Lucie County,
Florida, which mortgage has a present principal balance af
$240,OOQ.00 and which encumbers the same premises located in St.
Lucie County, Florida, which serve's as the security for the
Second Purchase Money Mortgage being herein assigned by SHUFORD to
BOWEN.
3. ~his Assignment shall be considered as an absolute
transfer of all of SHUFORD'S right, title and interest in and to
~ the various interests being assigned and not as an assignment tor
security purposes only.
4. SHUFORD hereby warrants that they are the lawful owner of
the various interests being assigned~hereunder and that same are
free and clear of all liens, defects or encumbrances of whatsoever
nature or kind.
IN WITNESS WHEREOF, the parties hereto have hereunto set
their hands and seals the day and year first above written.
Signed, sealed and delivered /
in the presen e of: l (SEAL)
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- ~ BOOK 5~S PAGf 91:0
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