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AGREEI~NT NOT TO ACCEPT OR ~
RECEIVE FVfURE ADWINCES Outr file 5-21,487 j
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KNON ALL I~N BY 7NESE PRESENTS, :::.~:.::::6 :~s, ~
the owners in fee siwple of the followina described property ~
lying and being situatc in St. Lucie County, Florida, '
to•wit:
The East 144.76 feet of North 75 feet of South ~
445 feet of West 1/2 of East 1/2 of Southwest 1/4 ;
of Northwest 1/4, Section 21, Township 35 South,
Range 40 East said land situate lying and being
in St. Lucie County, Florida.
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which lands are encuebered by a certair first ewrtgage owned and
held by• First Federal Savings ~ Loan Association
of Fort Pierce -
which wortgage contains provisions.for future or additional ~
advances thereunder, for and in consideration of the suw of s10 ;
and other good and valuable considerations, receipt of ~?hich is ;
hereby acknowled ed, to the undersigned in hand paid by ~
RHEA HORNSTEI~ `
the owner(s) and holder(s) of a second eortgage against said ~
property; dated April 3, 1971 and recorded nnder Clerlt's
~'ile No. ZO?566
in the Public Records df said County. and in order to induce said
secor~d awrtgagee(s) to give, close and disbursc said second
nartgage, have and do hereby agree that during the terw of said ~ ~
second ~ortgage and any renewals or extensions thereof, that f
the undersigned shall not apply for, accept or receive any
future or further additianal advances under said first wortgage
and shall be without capacity to so do. This agreewent shall be
a covenant running with the above described prnperty and shall
be binding upon the undersigned, their h~irs. personal representa-
tives and assigns and all persons or parties hereafter having or
i , claising any right. title, claiv or intezest in and to said property.
IN NI7NESS IaiEREOF, the undersigned have hereunto set
E his (her) (their) hand(s) and seal (s) this 3rd day of April, ~
; 1971 •
Signed, sealed d delivered (SEAL) ~
~
~ in the prese e f:
, (SEAL)
FIlEO J?NO AEC~ag~o ~ ~
¢ \ ST. LUCIE COUN ~ ~
ROCEa POITAA~
CLERK CIiiCUIT CQUIt1 ~
STATE FLORIDA ) RECOR01lERIFIED S
LUCIEj SS. M~Y 5 31T PM'11
~ couKr~r oF sT. 2{?8'789
~ Before se the undersigned authority personally appeand
~ JULIA P. McCASRILL, an unmarried woman
well known to nie, vrho acknowledged before a~e that he (she) (they)
~ executed the above and foregoing Agree~ent for the purposes the~in. .
expressed. . ~~~~u~iui~r~~,,~~f~;
. a~ ~ .
^ IN wITNESS 1rHEREOF, I have he eunto set q han :~p~,~ ~'~d~
~ seal this 3rd day of April ,1971 Q ~ v~s`'~"=_
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.
~ My coaoaission expires: ~ ~Q
.
~ June 30, 1971 " .
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~ Prepared by Moie J. L. Tendrich,. ATTY. 2240 B aqne Blvd., Miami, Fla:~`~°~3137
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