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HomeMy WebLinkAbout0645 ~1485'7 ~ ~ ~ ~eun~t Not To ou~ T~u~e~, ~op~y ~9 That the Undenip,ned. hereinafter called the "Bacroweis". for and in consideration of the :um of TEN DOLLARS (i10.00) and othergood and valuable conside~i r8t NBt~QI S~ ~~nk paid, the receipt whereof is hereby acknowledged. and fa tl~e putpose of inducing FORT PIERCE~ a Flodda banking oorpaation. hereina~~le~,~he "Bank". to g~raat credit u~ucneBUl~deni~,~1 ~:~~~~l~~~~~~~ ~g u ~ o uadenigned here- ~ ~ by ~oiat y and ~verally ooveaant. promise and ag~ree ~ Eolban. to-wits 1. So bng u the aote hereiaabo~ve refeaed m. oc any thereof. or ,sa~? extetuion or renepal thereof. aod o alvoanyandallother indebtedaeuofthe Horrowets, a e ther of them. to said Bank. Mhethet /oint or several, 6ere- pa tofore a hereafter incurred~ of any aature whatsoe~er. =haII.remain uapaid. either before or after the matvrity chereof. the said eorrowers will do tbe folbw~ tLings. to-wits ~ ~ (a) Pay promptly when due all fire and ~rlndstam insurarnxpremiums. tsxes. use{~cnenb. dues snd charges of ~ every kind imposed a levied upon thetr real and personsl~opetty pciar to t6e Nme when any such :ums shall i p,, o beoome delinquent a in defiu8; aad ' ~ (b) Promptly pay when due any snd all sums due and owing on any mertgage ot otha encumbrance oa the pcop- x v~ ertyhereinaket described aad will never:uffer or permit any mortgage lien or eacumbrance thereon to be- come delinquent a go into defaulc. E ~ 2, The eorrowers agtee that they Nill not. without firu-procuring the oonuut in wricing of th~ said Bank here• t after create oc permit any lien a other eacumbraace to exbt on thelrpcoperty. real or 1. ao~r owned or here- ~ ~ after acquired by them inelading, but aot llmtted to. tbe rty Fiereinsfter daai~d ~ ~ 9. The Botrowen sgtee that they shaII rat have the pri~i ege ~ aa will they sell. transfer. auiga. hypot6ecate. or o~' in sny manner whatever. dispose of the property, or aay interest therein. owned by them. including specificauq. but ~ not llmited to. the follow[ng resi estate situate. to-wit: (Descxiption of Pcoperty) ~ z ~ Westerly ?0 feet of the Easterly 350 feet of Lot 45 Maravilla I ~ ~ Gardens Subdivision Unit 1, St. Lucie County. Florida I ~ _ ; ! _a ~ y ~ ~ ~ p so loag as any indebtednest or obllgatioa shaU remain unpaid ss hereinabove referred to in Puag~aph 1. € ~~.z, 4, If t6e Bact~owen shalldefaultinanyofthe vovenants~ promises. and ag~eements herein contained to be made~ y doae~ at~d ptrfars.~3 by tt,ecn. or if they s hall attempt to trans fer~ se l l. hypo t hecate. d i spose o f or encu m b e r any o f w the property of the Borrowers without first pcocuring the cocuent in wtitiug of the Bank thetefa. then in either or say ~ of such e~ena~ the Bank may. in addition to an and all a6er righu ~~ich the Bank may have~ deelue the entire ~ remslning unpaid princlpal and intere,st of any suc~ obllgsdom a indebtednes~es then remaining unpaid ~o the Hank, F due andpa able fathwitb and s6a11, u seciuity forpa yment tAereof. 6a~e a llea on aII of the properqr of the Boc- rowen.6ot~ reai and persoasl. including. but not llmited to. the resl esute hereinabove described. ~rhich llen may ~ be enforced by faeclosute in the same maanet as a mortgage may be edfaced foc dtfault, s ; Fort Pierce IN WtI'NESS WHEREOF~ the undenigned have hereumo set thefr han~ and seaL st . ; ~ ~ St. Lucie ~ Stste of Florids, this dsy of August , 19 ' t ti Signed, se and deliver d!n the presence of: - ~ - l~z ~ ~ Q'z- ~ ~SEAL) - ~ W~liam WareJr. , X .~--.tz~---e~ ~ ~'-(SEAL) ~ r raine ~~~e ~ ~ v. ~ STATE OF FLORID~ ~ ~ COUNTY OF t 1.uci - f ~ , BEFORE ME a Noca Public in and fa che Sace of Fbrida at Large. pertonaUy appeared . ry? Wi11i1?tQ` 1~i~xe, Jr. and Lorraine S. Wa rq~an to me co be thepe non(s) rhae ~ name:(s) lt/are tu :Lo t~e 1~ithla intuument and acknoNiedged to me that he executed the same for the purpose: t6erefn etj~~" wt'rt~ES, m~ ~ad of ~qal ~t ~ort Fie rce , Councy of St L.LCie . . ~tti:~: t 71 state of Flotlda, thl! 0~ AuQUS , 19 _ ~ filLf_ ~ (Nocsry Publlc. Stace of Fbrlda ac Large) (SEAL) ~ 11~~11~? MIHI IC. S1ATE d iLORIDA N 1~4RF O R My Commtuton Expiret -~-1:QYI~AICR1^~ AR~---~1-iw~ IOOK rACE ~oEO r+~~ ~co N O~F~•~• . _ I~ / ~