HomeMy WebLinkAbout0040 165418~
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KMW 1~ That the Undersiy;,ned. hereinafter called the "Borrowen". for and in
conaideratioaof the :um of TEN DOLLARS (i10.00) aud ot6er~ and valuable considerations unto them ia band
paid. the ceceipt whereof is hereby aclmoMledged. snd fac e rutpose of induciag THE COMMERCIAL BANK at
FORT PIERCE~ a Florlda banldng oorporation. hereiqaf~s.al~ the "Bank"~ to g~rant crGd~~ct~e~de~j~l
under a pcomistory note in the prlnci 1 sum of ='t L V U vu dated a 7oa
the undenigned here-
by ~oin ysnd zeverally aovensnt. promise and a~ee as folbws. w-wit:
1. So bng u the nou hereiuabove refe~red to. ac anypo~tion thereof. ar any extension or renepal thereof. and
also any and allother tudebtednessof the Borrowen, or e~ther of them. to uid Bank. whether ioint or several. here-
tofare ac hereaker incutred. of sny nature ~rhatioever. shall remain unpaid. either before or after the maturity
thereof. the said Boenwen will do the folbNin things, to-~rits
(a) eVay ptompt~ ~?hen ~~~ed u the~a~a~~~~al or
o the~when an~such wa~s~hall
ld~ pon
beoome delinqu~emd or in default; and ~R ~ ~
(b) Prompt23rpay Nhen due aay and all surn: due and oaing oa any mactgage or aher encumbraace oa the pcop-
ertyhereinaker described and vrill never suffer or permit any moitgage lien or eacumbrsnce therem to be- ~
come delinquent orgo iato default.
2, The BorroNen agree [hat they wtll not. without first procuring the oonsent in wr[tiug of the :aid Bank teere- ~
after eceate ac permit any lien ae other eneumbtance to exist on thetrpropertq . resl orper 1. noa owned ~ here-
after acquired by them including. but not limited to, the rty fiereiaafter detcxibed
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3. The earowen ag,ree that they shall not hsve the pd ege, nor will they ~ll. uuufer. assign. hypothecate. or
in sny msnner whstevet. dispose of the propezty, ot any interest therein~ owned by them. including :pecifically. but
noc limiced to. che following real esuce sicuue. to-wic: (Descriprion of Propercy) ~
East 1/L of Lot 8, less North 50 feet, and East 1/L of Lots 10 and 12,
MARAVILLA TERR.ACE
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~ so I,ong as snq iadebtednest or obligation :hsll remsia unpaid ss hereinsbove referred to in Pazag~raph 1.
4. If the Bott+oAen sLall default f4 any of the o~vensnu~ promises. aad agreements herein coatained to be made. -
done~andperformedby them. or if they shaII attempt o~ uansfer. se11, hypothecate, dispose of or eacumber any of
the pcopetty of the Ba~roaren without fim procuring the constnt in Mrtting of the Bank therefoc. then in either ot any
of such events. the Bank may. in addidon to a and all other righu wliich the Bank may have. deelare the entire ~
remaWngunpaid prindpal and interest of any w~ obiigadoas or indebtednesses then remaining unpaid to t~e Bank. ~
due andpaysble fartharith and ~all, as sec~aitj? forpa yment thereof. hare s lien on aII of the pcoperty of the Bor-
rowen.6othrealand l,includ0~g.but not limited to, the real estate hereitubave desedbed. which llen msy
be enforced by fae iae in the same manuet as a mo;tgage may be enfaced for defaul~
IN WITNESS WHEREOF. the undersigned have hereumo set their hands sad sesls at Fort Pierce ~ {
~H, ~ St. Lucie , sute of Florida, this 21st dayof March ~ 1968
`'7 ~ w w
0 0?s m Signed. ~sled and dellvered in the presence of:
ri ~ Z ~/.~iJd'~df~ (SEeL) ;
m m N.
n O O ~ U . ~L:6l~L-t~fSEAL)
a ~ ~ Fi~~~~ ~
~ ST. ECOR ~ ~ ~
~ < WCrE CoUNTY ~EO.
co ~ E STATE OF FLORID RF r. ~ F~A; 'r-
w COUNTY OF ~t_ Lucie P.tFtt- ~
o
~ x ~ 165418 ~
~ ~ ' ~~a
A BEFORE ME, a Noury Publlc in and for the State of Florida at La~. ~ha~1a ed ~ ~ '
, ~jqF y , o ~ ~
o w James C. Haster and Mabel A. Hester lawwn co me co be thep ~rwa(~~ v,
~ c~n name~(:) .1s/~re tubscribe~ eo the w[thin instrumem and acknowledged ta~, t he executed the sa 'Fof
~ p' Purpaa therei~ ex~ceued. CIER!
CiFRCiOlTR~S ~o v~~
v`,:~: ~r ~OVRT 0 Z; o~~
~ WT,CNESS,a~ #and a~pAi~officisl seal ac Fort Pierce ~~~iy ~ 3t Lucie ~ W-~ K
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• : ' `•+Y : ~ ~
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~ Zast= Mar~h bs '
State'ol~orlda, aay of 19 o r
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~ - •.~`1vL1Cr~ ~/.~~i CX/~ c~~~ ~
(S£'~f~'... d00K PA~ ~V MOTM tary Publle, State M Fbrida at Luge)w o~ c9
r tua.~~. s~a~t u? ?1Q919A At LA~~E v~+ac ~ s.
~ MJ/ COmmluiOtt Expires M~~IC5'On Ek~•~~tew OCT. sl`0,~197~~~~i ee_ ~ v`1
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