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HomeMy WebLinkAbout1386 ry'R our ~ile FS-1?,159 ~ F~~EO nr,o R~coROEo .L"~6 r~a3 ST. I.UCIE COUNTY. RLA~. F~E CORd V~RiF1Fn , ~ss 1 ~s.2o3 M~IR 2 PM I: 3q~ AGREEMENT NOT TO ACCF.PT OR ~~~,w RECEIVB FUTURB AQVANCES RCtt;Er~ POtTR4g CLERK CIRCUlT COURT` KNOW ALI. MEN BY THESE PRESENTS~ That the undersigned~ being the awners in fee sin~ple of the following described pro srt lying and being situate in St. I,ucie Countv, Florida, to-wit; ' - Lot 2, Block 8, ~IINNY ACrc~,~S SUBDIVISIO~I, accordin~ to the ~ Plat thereof, as recorded in Plat Book 8, at Page 25, of the Fublic 1~ecords of St. Lucie County, Florida which lands are encumbered by a certain first ~nortgage o~rned and held by FIRST Fr.D~~~ S~VINGS Al~v LC?A2~ ASSOCIATIOh of FT. PIERC~ xhieh ~eortgage contains provisions for future or additional advances thereunder~ for and in consideration of the su~ of =10 and other gaod and valuable considerations, receipt of which is hereby acknowl_e~d~ ged, to the undersignad in hand paid by PHILIP BAND and MARTHA BAI~TD, his wife . the oxner(s) and holder(s) of a second ~nortRa~e against said property~ dated October 19, 1968 and recorded in Official Record Bok 174 at~ag e 661 in the Puhlic Records of said ~ounty~ and in order to induce said second mo: tgagee (s) to give ~ close and di sburse s aid second eortgage~ have and do hereby aRree that during the ter~ of said second mortgage and any renewals or ~xtensions thereof~ that - ~ the undersigned shall not apply for, accert or receive any o future or further additional advances under said first mortgage and shall ~.e without capacity to so do. This agreement shall be ~a a covenant running with the above described property and shall be bindin~ upon the undersigned~~their heirs~ personal reuresenta- ~ - tives ana assigns and all persons or parties hereafter having or claiming ar~y right. title~ clair~ or interest in and to said property. - r ~ s I~i ~VIT'•~ESS WHBRE~F, the undersigned have hereunta set 196 $her) (their) hand(s) and seal(s) this lgth day of pctober ~ 3 ~ Signed, sealed delivcred ~ • SEAL ~ ~ in the presen : ~ SEAL) ; ~ ' STATE CF FLORIDA ) ) ss. COUNTY OF St. Zucie ) Before me the undersigne3 authority personally appeared J~.:.S JnCOBS a~1d :'ANI~IE JACOBS~ his wife , well known to a~e, who acknoaledged before me that he (she) (they) _ executed the above and foreRoin~ Aqreenient for the put~oses tbterei~n ' ; e~cpressed. _ .;::D~ ~ . IN ~•ITNESS MHEREOF I h v , + ~'t'~. ` ~ - . a e hereunto set nn? hand ~~off . sesl this 19th dsy of October 19 8 ~ ~ ! -.,fy~~ ' • ~ _ . ~ ~ '++.._i,i'; C~ My co~wiss ion expires : 6-~-71 ~ M.a,? r~. s~,..~ a~ ~e e.~.. v~ ~1 ~F FLo c~~ c~ ~a. ~n eoaac z.:., ~..r..~ fr. a c.w+n a _ ~ < ~ ..~f,~ - _ - v' *~~,~~.r~'`"~,~ _ ~ -