HomeMy WebLinkAbout2780 Not To o~, Tn~uu~i, p~op~by _
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T~ T6at the UndersiRned. hereinaker called the "Ba~rowen". for and in {
c~asideratioaof the sum of TEN DOLLARS (i10.00) snd other aad valuable coasider~rions unto *~~m in hsnd ~ -
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p~id. the receipt "whereof is heieby aclmowledged. and fa e purpose of iaducing 1ST Natl Bank of ~-A
FORT PIDtCE, a F1orida banking eorporadon, herelql~q~t,Q~~ed the "Bank". to grant c=edit nato t6e undetugned vO, '
der a misso note in the ci 1 sum of i dated
# . the ~mdenigned hete- .
by ioiaty and severally ooveaant. promhe aad ag~ree as foUows. to-wit: ~
1. So bng asthe note hereinabove referred to. oc anyportion thereof. ar any excensioa or renewal thereof~ aad f
alaoanysndallother indebtedaessofthe Borrowen. or either of them. to uid Baak. Nhethet Joibt or several. here- #
tofae ar hereaker incurred. af anq nature whaucever~ shall remain ?u~paid. either before or after the matur[ty ~
thereof. the said Borrowen ~vill do the folbwinng things. to-wit: ~
(a) Pay promptly whea due all ftre and windstorm insurancepremiums~ taxes. aaessmena. dues and charges of :
every kincl imposed or levied upon their reai and personalproperty prior to the time when any such sums shall ~
beeome deiinquent or in defiuTt; and
(b) Promptly pap when due any and all swns due and owing on any mortgage or aher encumbrance on che prop- '
ertyhereinaker described and will never suffer or permit any mortgage llen or eacumbrance thereon to be- #
come delinquent a go into default.
2. The Borrowen agree thu they will not, without first ~ocuring the oonsent in wtiting of the said Bank here-
after creace a permit aay llen or other encumbraace to exist on theirproperty. real o~onsl, now owned or here-
aher acquised by them ineluding. but not limited to~ thepropecty Fereiasfter du
3. The Barrowen ag~ee that theyshall not have the privi ei ge. nor will they sell. uansfer~ assign. hypothecate. or
in auy ~anner whatever. dispoae of the propercy~ or aay interest therein. owned by them, includiag specifically. but
na llmited to. the following real estate situate. to-wit: (Descriptlon of Property)
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Lot2, Block 1, FT PIERCE HIGHLANDS, Unit 1, Plat Book 10, :
~ Page 29, public reocrds St. Lucie Count~. _
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~ so long as any indebtedneu or obllgation shall remain unpaid as hereinabove refetred to ln PazagRap6 1. ,
4, If the Bortnwen shalldefault in anyof the oovenants. promises~ and agreements herein contained to be made, _
doae~ and performedby them~ or if they shall attempt to ttansfer~ sell. 6ypothecate. dispose of or encumber any of
~ the property of the Borrowen a?ithout fint procuring the consent in writing of the Bank therefor. then in either or any
of such events, the Bank tnay. in addition to any and all other righu w~ich the Bank may have. deelate the entire
remaining unpaid pcincipal aad interest of any such obllgatio~ a indebtednesses then remaining unpaid to the Bank.
due andpsyable forthwith and shsll, as security forpa yment thereof. have a lien on all of the property of the Bor-
rowen. bo~h real and personal, includ~g, but not limited to. the real estate hereinabove described~ which lien may
be enforced by forecloaure in the ume mamer as a mortgage may be enforced for default. ;
1N WTfNESS WHEREOF. the undersig~ned have hereuato set thetr hands and seab at Fort Pierce ~ -
~ St. Lucie ~ State of Florida~ this Third day of APril ~ 19 70 5
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Signed.sealed and llvered in the presence of:
M i ~ y C~
~ M 7 (SEAL)
~ Lc..c:~ ~ . .~:"I ~ ~ ` ~ /!3fi . -t~ ~ -
~ ~ • ! (Bortowen) o
~ - V .,~0 n ~
STATE OF FLORIDA ST. LUCIE ~
~ COUNTY OF ~ ~ ~ n Cm
W y' t~A~ ~
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~ ~ Gy ~ BEFORE ME~ a Notuy Publle in and for the State of Florida at I.ar~e, personally appeued ~ ~ ?rnZ• j
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~ Joseph P. and Catherine E. McDermott io me co be cheper~at,(~~ ~rha~ ~~cm ~
~ ~ x" names(s) is/ue tubscribed to the aithin imuument and aclmowledged to me chat he executed the sitns for th~ ~ZA
~ : ~ Purposes thereit~ g~essed. A ~ ~ ~ ~ ~O ;
~ , .y ~ _ p N ~ v i
~ ~ O .~.,rS.~,....na,~ j: ~
~ ' ' ~ ` Fort Fierce y St. Lucie~ ~ ~ ~ Drn J
~ rn VfiITI~S~'~~ ~pd ofHcial seal at . Counc of ~ o ;
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- ~ pq Scate.o~F~;_t,`~s~...:~a_,aayof April 1970 ~
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J'., ,J M O .'-'y 'Af .
~ ~ (SC~"'~~k. . (Notuy Public. Stace of Florida at Large) ~
~ ~ ~ ~ . , ~ , Commistion Ex ires ~uTAR~ PuBItC. itATE OF flQ'UOA AT LRS6E ;
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~;rt GU~Ki (/1GE/~I r p WND[D 1MwOY0M IR[D Gt~TtLMOA~2
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