67.239—Requirements for assumptions of mortgages.
An assumption of mortgage presented for filing and recording must:
(a)
Be signed by or on behalf of each original mortgagor, each mortgagee, and each assuming party; and
(b)
Recite the following:
(1)
The name and address of each original mortgagor and the interest in the vessel mortgaged; and
(2)
The name and address of each assuming party and the interest in the mortgage assumed.