HomeMy WebLinkAbout0562 21~~58
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~e~rce~t l~ot To ~n~unlfi~, o~ T~au~e~ p~op~y
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1~wAV That the ~nd~rsiRn~d. her~•inalcer ca11C~f che "Borrowers", for and in
consiJrrationof the sutn of TEN [)OLLARS (ZI0,00) and othrr good and valuable conslderatio~~ ~•^•n •h~R, i~ hand
~a id, th~ receipt wher~of is hCteby ackcwwledg~d. and for the purpose of induci~~ First National Bank
FORf P(ERCF., a florids banking oo~poration. her~inaft~:~§al~ the "Bank"~ to grant creoii~?nto t~~~rsigned
und~r a promissoty note !n the prineipal sum of = i~ d3ted
X g~~~~~yxxxxxxx ~xxxxxxx~e~clc~tuet~t xx~t~c~aciC~;.~aitec pao~niuotycooc~xamtlcac
t~c
~c~~~~*xxxxxxxx~C~~fi}cxxxxxxxxxx~C~~jc,~~~giAi~r, che undenigned here-
~ Ay join[y and severally rnvenant, promise and sgree as folbwY, to-wit:
1, so long as che noc~ h~reinabo~e referr~d to, or anyport ton thereof. a any extension o: renewat thereof, ~nd _
also any anci allother indebtednessof the Borrow~rs, or e~ther of thcm. to said Bank. whether joint ot saveral. her~-
cofore or hererftar incurred, of any naaue whatsocver. sha:l remain ~inpaid, either before or after [he macurlty
~ th~r~of, the said Borroar~.n will do the folbwing things, to-wit:
` (a) Pay prom ptly when due all firz and wfndstorm insurancepr emiums. [axes. auessments. dues and charges of
~ every kind imposed or le ?1ed up~n thetr real and p~.rsonalprop~:rty pria ~u the time when any such sums shall
- t~come delinyuent or tn defauit; and
(b) Promptly pay when dur aay and all sums due and owing on any mortgagc or other encumbrance on the prop-
" rrtyhereinafter desctibed and wtll never suffer or permit any mortgage lien or encumbranc~ thereon to be-
come delinquenc or go into defaulc,
2, The Bg?rowrn agree that they will not, withou~ first proc::ring the consent in writing of the said eank here-
after cr~ue or permi~ any lien or other encumbrance to Cxist on theirproperty. real orpe rsonal. now owned or here-
- after acquired by rhem including. but not llmited to. the ny 6ereinafter descci6ed.
3, Thc Borcowecs agree that theyshallnot have the privi ege,~nor will they sell. aansfer~ assign. hypotheeate, or
~ in any manner whatever, dispose of the property. or any [nterest [herein. owned by them. including specifically~ but
V~ na llmited to~ the following real estate sitaat~, to-wit: (Description of Property)
Lot 5 of C. C. Feigel Addition, St. Lucie County. Florida
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so long as any indebtedness or obUgation shall remain unpaid as hereinabove referred to in Paragraph 1.
4, If the BorroM~rs shalldefaultinanyofthe covenanu. uror~isrs. and agreements hcrein contalned co be made~
- done. and performed by them. or if they shall attempt to transfer, sell, hypothecate. dispose of or encumbcr any of
the ptopertyofthe Boaowers wit6out fitstprocuringthe consent in writin of the Bank therefor. then in either or any
of suc6 evenu. the Bank may. in addition to any and all other righu ~~ich the Bank may have~ declate the entire
remaining unpaid principal and interest of any such obligations or indebtednesses then remair.iag unpaid m the Bank,
due and payable forthwith and shall, as securiiy forpa yment thereof. have a lien on all of the pr~perty of the Bor-
rowers~ both real and penonal. including~ but not limited to. the real estate hereinabove described. which llen may
~ be enforced by foreclosure in the same manner as a mortgage may be enforced for default,
IN ZtiT?~ESS ~~'HEREOE~ the undersigned have hereunto sec thetr hands and seals at Fo2't Pierce ~
` County of St. Lucie , State of Flarida. this 20 day of July ~ lg ?1
~ignzd. sealed a~ dzlive n the ptesence of: ~
/ / , ~
- ~f t, ~ 'C~G".`-."~' ~~'r (SEAL)
; ~ , lyde C. Killer
i = ~ (:r-AL)
~ -
f _ ' (B~rrowers)
C ~ ~TATc OF FLORITJ~
k - COL`~TY Or i.,,`'iP
P
a
~ BEEORE v1E~ a tiotary Publlc in and for the ~tate of Florida at Lar~e, personally app~zared
~ Clyde C. Ki~l~ known to me co be thepr rson(sl whose
:.s~es(e) ts/azt s.tbsesibed to the within instrument and acknowledged co me that he exec::ted the same for tF~
P~P~'~, ~~ie~ej~sessed.
`KIThESS my hand aAd of~cial seal ac _ . Councy oi St . Lucie _
~ ~ 20 July iq 71
Sute of Flarida, th4 day of
~
.z y ~g
~ (SEAL} •~~..~~~~~cPf;~ A9~.a~,, ~gt)
_e •oMU[O iwNV~Yn •pLD !r. D~[~Tt~NO~ "
~ '.1y t'ommission lxptres
~ 3 - 7~.
~
~
~ _
~ S "v ? 'A!NE'fT Of 1AX~S
,h C:...; `r' INiA': f:lF ! r NAl PkOPERTY~ iILEU ~VD RECORDEO
~ ~ !i u'' R~7iiC, A~1~ UF 19/1. ST.IIlCIE COUNTIr FLA.
~ ' f',! CIFrM Grr_uit Cour~ ROCiP PGITRAS
• CI ERK CIRCi11T COURT 1
~ ; 1-=•. f^r ..~hlEl N. KN(;WIES, 1R 1
RECORa VEAIfIEO~
~ _ . i:;: IltttOr
~ ~ _ Ju~ 13 12 43 PH't I
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~ ; °~vn` ~ 5~ 21~L`7ss
~ y~~.194
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