HomeMy WebLinkAbout0206 ~ ~ `~(:4~
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~lg~un~ Not To E~unG~, o~, T ~,o
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K~ j~ T6at the UndenlRned. hereinaftet called the "Borrowers". for and in
considerationof the sum of T6N DOI.LARS (i'10~00) and ot6er~ and valuable coasideratioas unto tbem in hand
id. the receipt whereof ie hereby ackaowledged~ and fat e purpose of trMucingFirst NBt~oa81 Bstilc
~ORT PIERCE~ a Fbdda banking oorpaatioa, hetein the "fiank". to grant ctedlt t undenigaed
under a misso note e 1 e ~~j _~j
the uadetsigaed here-
by joint y and severally oovenwt. peomise and agReo as folbws. m•wit:
1, So bag ss t~e note heretnabove refe~red to. a anypo~tion theteof, ar any extensiot~ or reneNal thereof. and
also any and allother indebtedaessof the Borrowen~ or e~ther of them, to said Bsn1c~ Whethet ioiat or :everal, here-
cofare a hereaker incurted, of sny nature Nhaucever. thall remain unpaid, either before a a[ter the maturity
thereof. the satd BorroMers Nill da t6e folb~ving things~ to-~vit:
(a) Pay peomptly Nsen due sll fire and Mlad:torm-insuraacepremiums. tsxa, aaessments, dues and charges of
every kind imposed a lenied upon their real and penoaalKopetty pcia to tde time ~rhea aay such sucns shall
beoome delinqueAt or !a defautt, and
(b) Promptly pay Mhen due any and aII sums due and owing on any moctgage oc other encumbrance oa the prop-
erty6ereitufter described and v!U aever suf'fer ar permtt any mortgage lten a encumbrance thereon to be-
o~me delinqueat org~o iuto default.
2. The BorroMen ag~ree ihat they wiU not, without fint procuring the ooasent in writiag of the said Bank here•
after create ar permit sny llen a other encumbrance co eatst on theirpcoperty . real apt csonat~ aow owaed or here• ~
after aoquired by them including~ but not limited to, thepro~eity Fiereinafter descrt6ed~ ;
3. The Bocrowers agree that they shaIInot have t6e privi
et ge. aor ~„ill they sell. uaiufu~ assiga. hypothecate, or ~
in any manner ~hste~er. dispose of t6e prope~y~ or any Nterest therein~ o~rued by them, tncludtng specifically. bnt
not llmited to. the fo]]owing real estate situate, to-w~it: {Desaiption of P[opetty)
Lot 1. Block C, CORTEZ ESTATES , Unit Section 21 Township
35 South, Range 40 East, recorded in Plat Book, 11, page 18,
St. Lucie County, Florida
so long as any indebtednest or obllgation s6all remain uapaid u hereinabove referced to ln Puagxaph 1.
4. If the Borrowen shall defauh in any of t6e covenanu. promises. aad ag,reemenu herein contained to be made~
done~ and performed by them, or if they shalt attempt oo transfer. sell. hypcxhecate. dispose of or encumber any of
~ the propettyof the Bonowen n~ithout fint procuting the consent in ~rriting of t6e Bank therefa, then in elther or any
~ of such events~ the Baak tnay~ in addidon to any sad sll aher dghu W~ich the Baak msy have~ deelare the entire
o rematning unpaid prinMpal and interest of any such obligadom or indebtednesse~ ihea remaWng unpafd to t6e Barek.
due and pa able forthnith and shall. u security forpa yment thereof. have a lien on sll of the pcopercy of the Ba-
a, M rowen, ~ real and~no nal, includ~g. but not limited to. the real estue heteinabove described. which lien may
cn be enforced by faeccl~~osure in the same maaner as a morcgage may be enforced for defanlt.
L~,
~ IN WTTNESS WHEREOF. the uadersigned have hereuoto set their hand: and seals at ~
ov
x'~, County of S* ~~Cie , State of Florlda. this Kt~+ day of Fpb , 192L_
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SiRned~ sealed and dalivered in the presence of:
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~ o ~ ~ E AL)
i. ~ ~ (SEAL)
az
y (Borrowen)
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~ ~ p STATE OF FLORIDI
3.~ (s~ COUIVTY OF - ST T.Ti(:TF
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BEFORE ME~ a Iwtary PubLc in a~ for the State of Flatda at Large. personally appeared Alh _rE F
~ a k and Catherine Bennett .~z
names(sj is/are su:~scribed to the rvfthia insuument and ackno~r ~~etbersame for the
purposes therein expressed, ~j : -j:- -
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Fort Pie caY- ~
. (l~ WITNES~ my hand and official seal at- r ~+~~F~~~,; ~Cie ~ t
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Scate of Florida. this Sth ,~~Y of Florida ~ r' i
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a..•;• ~ c~.~
(SEAL) . ~ (N.d[~I~C~~~ ~K~~a~K~1
M Commfuion E iru ~ 1~~ f~^~^'s~~„~~1974
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