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HomeMy WebLinkAbout1429 ~ TN!• INiTRVN[NT rizC~ARSO OP s w~E ccu~:-~ ~.~~Y ~ ~ . , , 21-1,~,~ ~ ~ P~fwc~, Ro~ 'V ~OUTII ~L+COit~ID EET. AGREEMEN r NOT TO ENGUMBER OR TRANSFER PROPERTY - As an inducement to at. Iucie Coutity Sank, Ft. Pierce. Florida (hereiaatter called "Bauk"), to graat credit to the undersigned uader a Promirsory aote tor the sum of s .~'6Z.d4 d3twd Jun4 15, 1971 or to purchs~e from (hereinafter called "Dealer"), the promissory aote of the unuereigned tor the sum _ot ~ , dated and payable to Dealer, and i» consideration thereof. the undcraigned (hereinafter ca~led "Borrowers". jointly and severally agtee thst uatil said note aad any extenaion or reaewal thereof and also aay and all other indebtedAess ot the Borrowers, or ~ither ot thcm. to Bsnk, whether joiat or sev- eral, ~eretofore or hereaiter incurred ar~c w~thout regard to the natura thereof, shall have been paid iA fuLi or until 21 years fvllowing the death of the laet survivor of the undersighed~ whichever a~sll occur iirstj {s) Berrowers will pay all taxes, aasessments, dues and chargee of every kind, irriposed or levied, or ~ which may be imposed or levied u~~n th~sir real and peraonal property prior to the time when any aE such taxes, sssesements, dues or cha=ges shall become detinquent, aad (b) Borrowers~ ~will not, without the con8ent in writing of Sssac first had and obtained, .(1) Create or permit say lien or other encumbraaces (other than preseatly axisting liens aad liena aecuring the payment of lows and advaacea made to them by Bank) to exi~t on their property, resl or peraonal, now owned or hereafter acquired. or (2) traasfer. sell, hypothecste, ssaign or ia any manner whatever dispose of the said property; or any interest therein, including specificsliy. but without lixnitation, the foZlowing described real property, situated in the Cotu~ty of St. Lucie , 3tate of FZorida: (Deacription o# Propsrty) That part of Tract A of Revis~d Plat of Na~e Aarea S~bdi~iaion, IInit Ro. 2 lying 11eat of the West Corporate Li~its of the City of Ft. Pierce~ Florida; i eaid Plat being fil~d in Plat Book 7, Psge 42, Public Reaorda of St. I,ucie County,Fla. It ia further agreed and underatood that if defautt be made in the performance ot any of the terms hereof, or of any iustrument executed by Borrowers ia conn- ection herewith, or in the payment of any indebtedness ar obligation of Borrowers - , now or here~fter owing to Bank, Bank :nay, at its electioa, in addition to all other remedies and righte which it may have by law, declare the entire remaining un- paid principal aad interest of aay such obligationa or indebtedneas then remaini.ng- ; ; unpaid to ihe Bank due and payable forthwith. Borrower hereby assigns to Bank a21 moneys due or to become due to Borrower ae rental or othetwiae for or on account of such real pzoperty, re~erviag unto Borrower the right to collect and retain any such moneye prior !o Borrower'e default under the terrris of the loan deacribed above. ; It is further agreed aad understood that Bank may, in its discretion, and is here- by authorized and pertnitted by Borrowers to cause this iastrurrieAt to be record- ed at such time and in euch places a~ Bsnk ma , in its discre 'o ~ elect. ~ ess - ~ . . itaees r Fi~EO ~Ne aECO~0E4 Dated at: ~t. pierce, F1.orida 3T-~UC1E GOUNtI?f11~• ~ June 15 197z c~Eax c acui c~~~ : a e RECORD yEa1F1EC ~ 1 STATE OF FLORIDA Z~ 8 28 pH ~1 ~ 211~2E ~ _ County of St. I,ucie ~+.;.+;,r ~ On June 15, 1971 before me 1..1 w» R A~,C~. . a Notary ~v4,~ ~ in aad for said ~-t. L.v E County and State, peraonally ~~3;E.d : John P. t~ patricia caaner known to me to be the person(a~ ~i~a~::~~~ = name(s) ia/are subacribed to the within instrument and acknowledged ~o:~~ that Tohn F. Rc Patrieia A. Casner executed the sa~me. ~`ls ' ' ; _~_r. ~:-~I~~ ' _ - WITNESS rny haad aad official seal. - ;-~~T:~~yj t~ . ~(tIH~~~. - ($6~?1 • • BUOK 1y3 1~27 a Publiq~otNtr Puetrc ATE ~f fLpRIDA N URGE ~ MY COMiVtIS510~~ EXPIRES JULY 23, 1974 BOtiDED TMRUUGI3 FRED Y.. DitSi'tln~^,FijT