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FILED AN~ RECOROED' Our rile FS-15, 9~9
ST. LUCtE COUNTY. FI.A.
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8~ y~~ 9• O~GREBMENT NOT TO ACCEPT OR
RECEIVB FUTURB ADVANCES
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CLERK CIRCUIT COURT
KNOUT ALL I~N BY THBSB PRESEN?S, Thst the undersigned~ being
the oxners in fee sieple of the folloxing described property
lyin and being situate in st. Zuci~ Countv~ Florida~
LO-M~t : ~
rhe_aaet 2o r••t os zot i5 ana ssi or Lot i6, sioc~ 2,
S~AB~LL PAI~'I SIIBDI9ISI01~, acaording to the plat thereot
as recorded in Plat BooY 10, Pag~ 16 oi thre Publia
8ecords ot 3t. Lucie County, Florida.
which lands are encun~bered by a certain first a~ortga ge o~?ned and
he ld by l~irst l~easral 3aviaga 3~ I~oa~n Asaociation of Varo Beach.
which ~nortgage contains provisions for future or additional
advances thereunder, for and in considaration of the su~ of =14
and other good and valuable considerations~ receipt of which is
hereby acknowledged~ to the undersigned in hand paid by
MU~Y BR~;SLOW and MIRIAM Bt~SI,OW, his wif e
the oxner(s) and holder(s) of a second mortgage against s sid
property~ dated Januar~ 6, 1968 and recorded
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in the Public Records of said County~ and in orde~.to induce said ~
second mortgagee(s) to give~ close snd disburse said second
mortgage, have and do hereby agree that. during the ter~ of said
second eortgage and any renewals or extensions thereof~ that
the undersigned shall not apply for, accept or receive any .
future or further additional advances under s aid first mortgage
and shall be without capacity to so do. This agreenient shall be
; a covenant running with the above described property and shall
be binding upon the undersigned, their heirs~ personal representa-
tives and assigns and all persons or parties hereafter having or
claiming any right~ title~ claim or interest in and to said property.
IN WITNESS 1VNEREOF, the undersigned have hereunto set
his (her) (their) hand(s) and seal(s) this 6f~ day of Jaanar~
196 8 . r
Signed, sealed and delivered ~ SE/1L) -
in the presenc o _
,
~ ~ ~ ~ SEAL)
(r> c~ ,l~ ~~t.~. ~
S'fATE OF FLORIDw )
COUN1'Y OF 8?. I~IICIE ~ ss.
Before me the undersigned authority personally appeared
dOBaPH P~0l~I and ~C~ P~OaI hi s Vi f e
well kno~rrt to ~e, who ackno~+ledged be~ore me that he (she) tthey)
e~cecuted the above and foregoing Agree~nent for the purposes therein
e~cpressed. - : ~
IN WITNESS MNEREOF, I have hereunto set ~ry d ana•o~fi;cial £
seal this 6~ . dar of Jaauas7 ~ 196 g.- ~
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My cowwission expires: , . ~
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