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HomeMy WebLinkAbout1499 , 20:~2~~2 ~ Nat To on T~a~ne~, pnop~by ~ T6at the UndersiRned. her~ inafte[ called the "Borrowers". for and in consideration of the sum of TEN DOLIARS (=10.00) and other~ and valcable considerations unto them !n hand paid. the receipt whereof is hereby acknowledged. and for e purpose of tnducingThe Fi rst Natl Bank FORT PIERCE, a Florida banking oorporation. hereinahe~~ed~~e "Bank"~ to ~ant credit uo2o ~~ecsigned unJer a romissor note in the nci 1 sum of 3 3G~ u dated ~ ~ ~ the undenigned here- by joint~yand severally oovenant. promise and agree as oUows. to-wit: 1. ~o long as che note hereinabove referred to. or any portion thereof, or any extension or renewal thereof. and alsoanyandallother indebtednessofthe Borrowers~ or eithet of them, to said Bank. whether joint or several. here- tofore or hereafter incurred, of any nateue whaucever, shaA remain unpaid. either befoce or after the maturity [hereof, the said Borrowers will do the following things. to-a~it: (a) Pay pmmptly when due all $re and windstorm insurancepr emlums. taxes. aaessmenu, dues and charges of every kind imposed or levied upon their real and personalpropeny prior to the tiine when any such syms shall become delinquent ot !n default; and (b) Pcomptly pay when due any and all sums due and owing on any mortgage or other encumbrance on~e prop- ertyhereinafter described and w~lll never suffer or permit any mortgage lien or encumbrance therton;to be- come delinquent or go into defaulc, i: o 2. The Sorrowen agree that they will not. without fint procuring the eonsent ia writing of the :aid Ba~~ere- ~ afrer create or permit any lien orother encumbrance to exist on theirpropetty. real orpe rsonal. now owned oj7iere- after acqutred by them including, but not llmtted to~ the property fiereinafter desctibed, ~`i et ~ 3, The Borro~vers agree that [heyshall not have the privilege. nor will they sell, transfer. assign, hypot~.t~r - ' in an~r mannet whatever. dispose of the property. or any interest therein. owned by them, inciudtng specif~~ ~c J na Lmited to. the follow-ing real estate situate. to-wtt: (Description of Property) , r~ ~ ~ 2 ' ~Fd/Zoom - ~ ~AT'N• C ~S 2CAle ~FTaiC /1r-.D ~RRA~E= , ~z~i ~3 ~ t~ ~ ~ ~ W V ; ~ ~'T 7''~~ ~/~Loc~l O/-/RRmo~ry ~/c--~~Nrt s?BDi ?~s,o~?~~~ ~ Z~ ~ f nt~l ~~/4T THFQ~o F O n/ ~ ~L ~ ~ N p~t ~T/~ooiC ~ n/~ ~r yS~ ~ o ~ ° ~ ~ ~L/~i</C ~Ettvt j~C or S-s-. L~Gi~ ~o.i~/ry a.= l~~o/C .l,y~ ~ g.! c~ so long as any indebtedness or obligation shall remain unpaid as hereinabove refened to in Paragraph 1.~? ~.f 4, If the Borrow ers shalldefault fn any of the covenanu. promises, and agreements herein contained to~ie~r~a~. ; J ~ done. and p erformedby them. or if the y shall attempt to uansfer. seli~ hypothecate. dispose of or encuml~an}~f'~ the propertyof the Borrowen wittwut fint procuringthe consent in wtiting of the Bank therefor~ then in eit I~e['dt af:y ~ N a' ~ of suc6 evenu. the Bank may. in addition to anp and all other righu wLich the Bank may have~ deelare the entire ~ remaining unpaid principal and interest of any such obligadons or indebtednesses then temaining unpaid co the Bank. ' ° due and pa able forthwith and shall. as seeurity forpa yment theteof. have a lien on all of the Qroperty of the Bor- ` ? ~ rowen. bot~ real and petsonal. including, bui not limlted to, the real estate heteinabove desetibed, which lien may z ~ r~ be enforced by foreclosure in the same manner as a mortgage may be enforced for default, ~ ~ IN R'ITrESS R'HEREOF~ thz undenigned have hereunto set their hands and seals at FOrt Pierce ~ ~ m s~- ~ vC it= 2bth Februar ' ~ Colnty of , State of Florida. chis day of Y . 19 ~ x p 5lgned sealed and llvered in the presence of: , ~ ~ c r. ~ ~ • L~ "~rz"t~IC~'~ (SEAL) y ~ 1 < ca ~ ~ ~ ~~1/ (~E~L) :s ~ ~ ~ : .o a~ f~~~p ~y~ RECOROE~ (Borrowers) ~ ~ ~ a' S1.lUClC COUNTY FU. ~ > z STATE OF FLORIDA ROCEF POITRAS ~ f ~ COUtiTY Or - ST L c/C / i ~s~ e;~CUI? COURT ~ 5°~,° RECORD Y~ ~~f~E~ r~~~. ~ 7~ 20 ~2-12 ~ '-0- BEFOP.E ~~E~ a ~otary Public in and t~ate~ ~r~ at~L~r~e, personaIIy appeared 0 ~ Elhel B. Bt~cer and Irene , ecker known to me to be thep~ rson(s) whose x names(s) is/a[t; 4ed to the ~vithin irotrument and acknowledged to me that he executed the same for the J;; f j~ pur p o ses theti~,~ 1' _ ~ • ~'~C` ~ ~ O 1 ~~t..r . ~ •~~~i, ;H j ~ _ • ~ +~'IThESSr' ~~4~CU1leal at Fnrt PiPrrP ~ , County Of St i~irie- " ~ a ~ - ~ ,'Y.,~.Q`.._ ~ 71 s~ Stste of F~d~~ ,-'~.•a. y o{ F`eb. 19 , . . i~'~. . ~ (SEALf (Notuy P~bl[c. State of Fbrida ae Lacge) _ hm~r,y tr, c . T ~t U~:[ U~ My Commission Fxpires rntlu {=}nr~ c~~_r_ 7ti t97d _ ~~~r~r 1y0 6~~1u,.J it'..'.J ca. ...~"R1~~:t51 _ . . . , . ~ . . . - _ . . _ : - .