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HomeMy WebLinkAbout2245 ` W 4~"f •tlil Df IIafS RECF.IYED T~~-T~~ a~ E C~,Sf i+.1L P`.tUPCR1V. 4_. a:iE on C~~soSCK~;:~R'+.~,'~. h~is oF l~l. i~r~a3~i~r~r p;;• ~s:~ , n C~~ _~.t l:ou~i % . e,~c~r, rcnr.. s, c as 1?g°rt ts~ C~,I:ItI N. KNUtYtES~ 1R ~ SL lucie Cou~.q iax Co?le=ta ~ c~CY~ By ~ A~Q'G'4~N I' NOT TO ENCUMBER OR TR 4NSFER PROPERTY As an inducement to 3t. Lucie County Bank. Ft. Pierce. Florida (hereinafter called "Bank"). to grant credit to the underaigned under a Promissory note for the sum of $ 1436.10 d~ted 9 au.,vuat 19~2 or to purchase from (hereinafter caZled "Dealer"), the prornissory note of the undersigned ~or the sum of ~ . dated and payable to Dealer. and in consideration thereof, the undersigned (hereinafter called "Borrowers", jointly and severally agree that until said note and any extension or renewal thereof and also any and all other indebtednesa of the Borrowers, or either of them. to Barilc, whether joint or sev- eral, heretofore or hereafter incurred and without regard to the nature thereof, shall have been paid in full or until 21 years foltowing the death of the laet survivor of the undersigned, whichever shall occur first, (a) Borrowers will pay all taxes, assessments, duea and charges oi every kind, impoeed or levied, or ~ which may be imposed or levied upon their real and personal property prior to the time when any cf such taxes, assessments, dues ar charges ahall become ~ielinquent, and (b) Borrowers will not. without the consent in writing of Bank first had and obtained. {1) Create or permit any lien or other encumbrances (other than prea~ntly existing liens and liens securing the payment of loans and advances made to them by Bank) to exisE on their property, real or personal, now owned or hereafter acquired, or (2) transfer, sell. hypothecate, assign or in a~ny manner whatever dispoae of the said property, or any interest therein, including specifically~ but without limitation, the following described real property, situated in the County of St. L~ie ,.itate of Florida: Descri ption of Propert~r) The north 75 feet of the south ~375 feet of the ~rest 13, feet of the south 546 feet of the north 726 feet of the SE 4 of the NFf,; of Section t~, Township . 35 South, Range 40 :.ast. It is further agreed and understood that if default be made in the performance ~ of any af the terms hereof, or of any instrument executed by Borrowers in conn- - ectian herewith, or in the payn:snt of any indebtedness cr obligation of Borro~=ers . ~ now or hereafter owing to Bank, Bank may, at its electiori, in addition to all other remedies and rights which it may have by law, declare the entire remaiaing un- ~ v_ T paid Qrincipal and interest of any such obligations or indebtedness then remaining unpaid to the Bank due and payable forthwith. c ~ . a,Borrower hereby assigns to Bank all moneys due ar t~ become due to Borrower ~as rental or otherwise for or on account of such real property. reserving unto ~ Borrower the right to collect and retain any such rnoneys prior to Borrower's ~ default under the terms of the loan described abave. It is further agreed and underatood that Bank may, in its discretion. and is here- by authorized and permitted by Borrowers to cause this instrument to be record- " ed a uch time and in such places as Bank may, in its discretion, el t. ' : ~ / . ? ~ s ~ ~ n t - cc,-.._- Witriess ST. ~~CtE C~UNTY FLA_ ROG£R : OITR~S ~ Dated at: Fort Pierce, Fiorida CIERK C~~~.cp:T COUAT . RECORD VERIFIFD aunust 9_19 a e a(1~ ~ 3 I 13s AM ~ STATE OF FLORIDA 213922 County of St. Lucie On ~ugust 6-19'jl before me ~.~relyn E. Todd , a Notary Public in and for said . ncie County and State, ~Q~~r4o~?~lly appeared Curtis E. ~nd IIera/ to ~ known to me to he~,Qie p~s~On(s) whose name(s) ~are subscribed to the within instrument and atkaawl;edge~s3 to me that , _ _ _ executed the same. _ WI TNESS my hand and official seal. ~ r f ~ Doc. star:sps af°ixed to origir.al (Seal) f- -~:t•~'~C~ `~7~~ note. ~ {1( ^l Notary Pub C`•ppy PO`?~-1C. STATf 0~ 1. DA AT1~CE J~.~~~ ~V~ Z~~4 LVr.,.:1vJ+LM~~..Li?•l~~ tlESICL,MOR14 - , ~~i ,Qi'~i.R lJtn?~..:~ _ . - : - . :s C.. , . ' - - -