HomeMy WebLinkAbout1103 . 2110:~2 a~
~ ~,euna,~t N~t To ~ En~un~, on T~r~e~ ~~op~y
~9
That the UndersiRned. hereinafter calied the "Barowers". for and !n
consideratianof the sum of TEN DOLLARS (=10~00) anci ot6er~ and valuable cons~rad~~}?n~p thetq it~ha~
id, tha receipt whereof Is herchy acknowledged. and fa c purpose of i~xiucing i rs . i a~ionat 8n
ORT PIERCE, a Fbdda baaking aorpo~adon. hereinaf~ er II the "Bank". to ant aecltt,un~q,t eni ed
~under a ~qte in the principal sum of = 2116a ; dated b' L1 ~
o X
~ the undenigned here-
~ .~+y join-ily-and~~
a~lly eovenant, promise and agree as foUows. to-wit: '
1. So Mng u the note herelnabove refe~red to. or any ioa thereof. or any extension or renewal thereof, and
alsoanyandallother indebtedneuofthe Borrowers. or e ther of them. to uid Bank, whether ~oint or scveral~ here-
co tofore or her~after ineurred~ of any nacure whaucever. shall remaln unpatd. either before or after the macurity .
chereof. che said Borrowen ~riU do che followiag things. to-wit:
i. (a) Pay promptly when due all fire and windscorm inswancepremiums. taxes, aaessmenu. dues and charges oi
c everr kind impcned a levied upon thetr real and persa~alpropeny prior to the time whea any such sums shall
.y, w become delinquent or in default; and
~ (b) Promptly pay when due any and ali sums due and owing on any matgage or other encumbrance on the pro~i-
~ ~ ertyhereinaftar described and will never suffer or permit any mottgage lien or encur:~b;anc~ Giereon to be-
~ come delinquent or go into defaulc,
2, Thc Borrowen agree that they will not. without fint procuring the oonsent in wrttiag of the said eank here-
a~er creace or permit any liea a other encumbrance to exist on theirpropetty. ceal otpe rsonal. aow owmed or here-
o'= ~ after acquired by them including. but not limited to. theproperty fiereiaafter described. .
3, The eorrawen agree that theyshallnut have the privitege, rar will they sell. uansfer. auign. 6ypothecate. oc
~ o in an~ manner whatever. dispose of the propetty. or any interest thetein, owned bq them. including specifically. but
aa hmited to, the following real estate situate~ to-wit: (Descr[ption of Propetcy) _
;
~ All of amended plat of Ideal S/D less Eask 33 feet of Road right-of-way.
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f .v ~,i so long as any indebtedaess or obligation shall remain unpaid as hereinabove refened to in Parag~raph 1.
E 4, If the Borrowen shalldefaultinanyofthe oovenants. promises. and agreemenu herein contained to be made.
( done. and performed by them. or if they shall attempt to vansfer, sell,• hypot6ecate. dispose of or encumber any of .
~ ~ the property of the Botrowers arithout fint procuring the concent in writin of the Bank therefoc. then in eicher or any
of suc6 evenu. the 8ank may. in addition to any and all acher rtghu w~ic6 the Bank may have. declare che entire
remaining unpaid principal and interest of any such obligaqo~u or indebtednesses thea remaining unpaid to the Bank.
due and payable fathwith and shall. as security forpa
yment thereof~ have s liea on all of che properry of the Bor-
cowen. both real and penonal, incl!zdit~g, but not limited to. the real estate hereinabove described. which llen may
he enforced b~#oc~closure in the same manner as a mortgage may be enforced for default, .
_ IN WITIvESS ~tHEREOF~ the undersigned have hereunto set their hands and seals ac FOTt FierCe ~ .
~ Goun of St. Lucie ~ State of Florida~ thh 21 day of June ~ 19 71
~Y
~ Stgned. sealed nd deliv in the presence of: •
r ~
C .
~
~ ~ - (SEAL)
~ (SE~1L)
~ (B owets)
~ ~
~ STATE OF FLORIDA St. Lucie
f COLtiTY OF _
•r.
- BEFORE ME. a hotary Public in and for the State of Florida ac Large, p°rsonally appeared
- Sidney M. and I.sura P. Gilbert known co me co be chepenon(s) phose
names(:) !s/are subscsibed to :he writkin lnstrument and acknowledged to me thatt h~ execuced thc same for *he
p~uposes there~p:[~#~,
- ,r..~ .
'~+t:.-••: St. Lucie,
W1Tl~S~nfr baad~;~Clil seal ac Fort Pierce ~ Councy of _
.
~ ;cate~F~orlda, thb..,.~..-~day of June , 19 ?1
A X/~`}' ~ •
(SEAL) /r' 3' 7
MY C AfA~
I~~PIkEy tiDY. ~1 • ) 'L
~ tdy Commission t:xplres ~aNOCO iMwouvM •~so w. o~~~*«No~~•
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