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AGREEMFNT NOT TO ACc ~.PT OR 0~ f ile 5-20, 285
REeE I V~ FUI'UR~ AD~ JVCES
KNOW ALL MEN BY THESE PRESENTS, That the undersigned, being
the owners in fee simple of the following described property
lying and being situate in St. LuCie County, Florida~
to-wit;
Begin at the Southwest corner of Tract 15 of GARD~N CITY P'ARMS, i
according to the plat thereof, recorded in Plat Book 2, Page 5,
of the public records of St. Lucie County, Florida; thence run
T~aet 275 feet; thence North 25 feet to point ot tiegiuning; thence
continue North 155 feet; thence East 75 feet; thence South 155
feet, thence West ?5 feet to point of b~ginning, lying and being
in Section 5, Township 35 South, Range 40 $ast.
which lands are encumbered by a certain first mortgage owned and
held by~ First Federal Savings & I,oan Association of
Fort 1'ierce
which mortgage contains provisions for future or additional
advances thereunder, for and in consideration of the sum of s10
and other good and valuable considerations. receipt of which is
hereby acknowledged, to the undersigned in hand paid by
N_1T ~+'RIED~AN, TRUST~E
the owner(s) and hoZder(s) of a second mortgaRe against said
property, dated August 2~j~ 19'JOand recorded Clerk's File No.
198395
M in the Public Recards of said County, and in order to induce said
M secor~d mortgagee(s) to give, close and disburse said second
mortgage, have and do here6y agree that during the term of said
w second ~nortgage and any renewals or extensions thereof~ that
~b the undersigned shall not apply for, accept or receive any
future or further additional advances under said first mortgage
ana shall be without capacity to so do. This agreement shall be
v a covenant running with the above described property and shall
be binding upon the undersigned, their heirs, personal representa-
~ w° tives and assigns and ail persons or parties hereafter having or
claiming any right~ title, clain or intere~t in and to said property.
m IN WITNESS WHEREO~, the undersigned have hereunto set
~ his (her) (their) hand(s) and seal (s) this 2?th day of ~ugust
:98t~0 ,
c ~
Signed, sealed delivered AL)
inth ee eo: ,
.
' " 71~r ~ (SEAL)
FILED ANO RECOROEOz
ST. ~UCIE CQUNTY. F~A.'
/~`-U'~--(~ ~~rR~~ `lrniFl~D ~
~JJ`~W ~
STA7'E OF FLORIDA j SS• ~TO OCT 6 PH I: Sq ~
COUAiTY OF ST. LUCIE)
ftOGi~R r~01TR:;S~
Before me the undersigned authority personalltyER~fp~Q~IT COURT;
MOZELLE MCMILLIAN and CA~I~ MCM~IA~1+ ~s wife
well known to me, who acknowledge e ore me t at e_(she) (they)
executed the above and foregoing Agreement for the purposes therein: ~~~y,c~,r;,
expressed. ,r`~~~~ 33b ' -
~a'' y ~
i, '~.'lb ~
' IN WIT?VESS WIIEREOF, I have hereunto set my hand and ff J`~,' ~
seal this 27th day of August , 19~?p . = a ~~-T #
¢
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~ty commission expires: Y BL AT LC~R
.
.
June 30, 19?~, \w, -
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