HomeMy WebLinkAbout0998 206589 ~1~
~u~un~e~~ No~ To on T~a~ p~op~ty
~9
T6at the Undersi~ned, he;einafter called the "Borrowers". for and in
consideration of the sum of TEN DOLI.ARS (=10~00) and other good and valuable consideration~ unto them irt harxi
pai~. the receipt whereof is hereby acknowledged. and for cFie purpose of inducing the Fi rst National 8ank
FORT PIERCE~ a Fbdda baaking oorporation~ hereiqp~tg~cay}~d the "Bank". to grant credit anto the undCniga.•.
under a promissory note in the principal sum of i G33 3d dated ____-3_-_ _
~ctapaaoh[~e~m" e
o X ~the undeis[gned here-
~ by jointy and severally oovenaat. promise and agFee as follows. to-wit;
M 1, So long aa the note hereinabove refened to. a anypo
rtion thereof, a~ any exteasion or renewal thereof, and
alsoanyandallother indebtedneuo[the Borrowers. or either of them. to said Bank, whethet ioint or several. here-
tofore ot hereafter incurred~ of any nature whaucever~ shall remain unpaid. either befae or after the maturity
thereof. the said Borrowen will do the folbwing things. to-wit: :
(a) Pay promptly when due all fire and windstorm insurancepremiums~ taxes~ aaessmenu. dues and charges of s
~ every kind imposed a levied upon theQ real and personal ptoperty prior to the time when any such sums shall _
beeome delinquent a in defsult; and +
(b) Promptly pay when due any and all sums due and oW ing on any mottgage or other encumbrance on the prop- ~
. ertyhereinaftet described and will never suffer or permit any mortgage lien or encumbrance thereon to be- ~
come delinquent or go into default, t
2. The Borrowen agree that they wiil not. without fint procvring the oonsent in writing of the said Bank here-
~ v aher create or rmit an lien orother encumbrance to exist on theirpro rty. real orpe nonal~ now owned or here-
after acqutred by them fncluding. but not llmited to~ the property 6ere~inafter described,
3, The Borrowen agree that theyshall not have the privilege~ nor will they sell. transfer~ usign. hypothecate. a
7~, in any maaner whatever. dispcue of the property. or any interest thereia. owned bq them. including specifically. but
~ o not llmited to~ the following real estate situate~ to-wit: (Description of Property)
I Lot # 10 and Lot # 11 of Block #3 Highlands Unit #1
~ (Plat Book #10 Page 29) ~
~
o ~
€ 0 3
~ ~
so long as any indebtednest or obligation shall remain unpaid as hereinabove referred to in Paragraph 1.
~ O 4, ~f the Borrow en shall default in any of the covenanu. promises. and agreemenu herein contained to be made. ~
done. and performed by them. ot If they shall attempt to uansfer. sell~ hypothecate. dispose of or encumber any of
~ `r the propercy of the Borrowen without fint procuring che conseat in writin of the Bank therefa. then in either or any
of such evenu. the Bank may~ in addition to any and all ot6er righu w~ich the Bank may have. declare the entire
~ ~ remaining unpaid principal and interest of any such obligarions or indebtednesses thea temaining unpaid to the Bank.
due and payable forthwith and shall. as security forpa yment thereof. have a llen oa all of the property of the eor-
rowen. both real and penonal. including, but not limited to, the real estate hereinabove described. which lien may
be enforced by foteclosure in the same manner as a mortgage may be enforced for defauit,
` IN WTI'NESS WHEREOF~ the undersigned have hereunto set their hands and seah at FOi't PiCrCC
~ ~ . ~
~ ~ County of St. LuCie ~ Stace of Florida. thts 30 day of March ~ 19 ?1 ~
~ ~
~ 3 Signed. sea and de ere the pra ence of: ~ ~
~ i ;
~ *~L ~t// ~ -E' s ~ • (SEAL)
~ ~ /J~ Grace P. Learned
~ f ~1c:1/~i~~ f.~"7 (~EAL)
~ = (Boaowers)
_ j
_ ~~'ATE OF FLORI~. Lucie ;
- COUNTY OF
- ~
S J j
~ BEFORE ME~ a hotary Public in and fa the Scate of Florida at I.arge. personally appeared '
z .
; G race P. Lea rned , known to me to be thep~. rson(s) whose
~ names(s) is/are subscribed Uq~e ,~~4i°~steat and acknowledged to me that he executed the same for the =
~r purposes therein expretted`,',-` `
3
~ , . •;;~7Ar; y < .
f . r-
~ '.~'ITNESti myhand an8~,afftcif#'~i~~''st . ; ~~rt p1C2'CC ~ CountyOf $t, Lt1Cie _
State of F=lorida, this 30 ?~Y~~ V'~arch ~ 19 71 ~
~ "s~. ' kt - /J
~ ~ ~R Frr- s; ~ ~ ~~f~~ ~J/ ~f'~
- (SEAL) (t3o[ary Publtc, Stace of Florida ac Largr)
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