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HomeMy WebLinkAbout0603 r• a . .i U~7i~iQ au~+~ NoE To E~a,un~ o~ T p~o A9 ~r~e~ ~ K~ That the UadersiAned. hereinafter called the "BaroMen", fot and in - considerstion of the sum of TEN DOLLARS (310.00) and ot6er ~tood and valuable comidera~ unto them in hand paid. the nceipt whereof is hereby acknoMudged, and fa tbe turpo~e of inductr?g THE COMMERCIAL BANK at FORT PgRCE~ a Fbrids bankiog oosporsdon, here~$~~ca~ the "Bank`. to grsat aeditynto tha,Nnd~tsieaed under a prominory mte in the prindpal sum of i-• ~ d dsted _~1 ~e i 3, 1 y6 9 tbe ~mdenigne~ here- by ~oin: y and severally omrenant. pcomise and ag~ee aa folbws, to-~rit: 1. So bng as the note hereinabave refeaed t~o. ar anyp~n therevf. ar any extehsioa a nnewal thereof, and slso sny snd sll other indebtedneasof the Borrowen, o: either of them. m aaid Bsak~whether ioint ar :everal, here- tofore a 6creaker incuaed. of any namre whatscever. shaII remain unpaid. e befo~ oc after the macur[ty thereof. the uid Borrowers will do tbe foZloNitg things. to-~vlts (s) Pay promptly when due sll flre and ~vin~stonn insurancep~emiums. uxe~. aae~ments. dues aad charges of evety?lcind lmposed ac leried upon tbeir real aad peraoaalrropetty priec to the dme when any sueh wim ~all beoome delinquent or in default; aad (b) Promptly pay when due any and sll sums due and owing on any mottgage oc other eueumbrance on the pcop- ertyhereinafter de:cribed and will never suffer or permit aay m~tgage llen or encumbrance thereoa to be- oome deitnque~ orgo tato defiult. 2, The Borro~?er= sgareee that they will not, without fir:t pcocuring the oonsent in ar[dag of the uid Bank here- aher create ar permit any lien a other eneumbrance to exlst on thetr ~ real orpe I~ noN owned ~ here- after acquUed by them inelndtng. but aot llmlted to. thepcoperty ~u desari6ed~ 3, The Bocro~rers agree that they a6allnot hsve the pririlege, aac will they sell. uansfer. asdga. hypothecate. a in any manner whatever, diipose of the property?. or any intetest therein. o~vned by them, including speciHcally~ but not limited to, chs followiug real est:te sltwce. to-wit: (Descr[ptioa of Frap~rty) Lot 8 Block B PONCE DE LEON H~i RK, No 2 Subdivision, Plat Book 11, page 23 I . I s so lang~ ss any indebtednest or obllgation ahall remain unpaid as hereinabm?e refened to in Puagraph 1, ~ ~ If the Bocropen ihaIIdefauh fn anyof the oovensnu. promises. and ag~eemeats herein oouained w be msde. doae. and perfotmed by them. or if they ~hall attempt m usnsfer~ sell~ hypothecste, dispo~e of ac encumber aay of - the pcoperty of the Boirowen without flm procuring the oonsem in writing of the Bank therefor. then in either or any ~ of such erent:, the Bank may. in addition to any and all othu rig6u pl~ich the Bank msy hare~ decLre the entlre remainingunpaid prindpal a~ interest of any wcL obligatioas a inde6tedneue,s t6en remaining unpsid t~ the Bank. dae and pays6le fathwiti~ and shall, u security [or paymeat tttercof. ha~e a llen on all of tbe of the Bor- rowen. bosb real andcpersonal, includmg. but not limited to, the real esute hereinabave dacribedp .~ivhich lien may be eafaced by fae 7~osure in the ssme maaner as a mortgage may be enfa~ced for default. n~ wrrNESS wt~tEt~. the undenigned hsve hereunto set thelr hands and sesh at Fort Pierce ~ ~ St. Lucie ~~ate of FZorida~ chis 13th day of J~e ,19 69 ' Si~?ed sesled and dell ed in the esence of: ~ ~ . r . ~ ~ (SBAL) STATE OF FLORmA F~0 AND' RECORD~O . (Botrowen) ' COUNTY OF ' ST~ .ii .TF57• L~~n~ ~VERIf1ED~• ~~s~o ~ BEFORE,_ME. s.Notary P~blie in ~nd c~ cq{ Fl~a Per~onally appeared Robert W. l~ ~ _ a,pd~_j~a4rY ~ E. ~ Harringto 7 A Ni 9~ lmown to me to be the non(:) whoie pe ~ 3'•~/jt't :fvbf~a~ed to the wtchin i~aurnent and ac ged to me that ~e exeeuced tbe ume for tbe P~2~Ebe~±els•e~. ROGER P01~~~ - 3~a CLEaK C~RCUi7 COURT' ~ " ~ ~ ~ ' ~3'' Fort Fierce St. Iucie ,-~TITNF,Sb~,aaP offtcial ~al at . Cocu?ty oE . scars-QE,~ ,i~' ~~h._,a,y a June 19 6~ ~ ~ ~r , ~ 0 ~ sE~Y. ~ : - ~~`r n~~~il'r~`~~~~t tiu~~) . ~ MY COMM j~i~ ~ My Commiaton Expfres tS510N EX?I~Ei OR• 10• 1910 -.r ~ _ . _ . . • ~