HomeMy WebLinkAbout0228 nee~n,e~~t No~ To E on T~,a~+e~ii, p~op~
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- 2165'75
~ Mo~v T~ That the t'ndersiQned, h~r~:inafter called the "Borrowers". for and in
E considerationof the sum of TEN DO1.LAftS (510,00) and othet good and val~~able considerations un[o them in hand
! paid. the receipt v?hereof is hereby acknowledged, and for the purpos~ of inducing Fi rst Nat~on81 Bank
FORT PIERCE a Florida banking corporation hereinafter calle k"~ co grant credit unto the unde s~i
ned
i unde~ missory note in the principa1 sum of S dated OCt• 4 1-Tl
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l ~~~.~~ya}~~~{o~ {~{t~~ {{~qd~a}~b}~tp{L~e.~1w.-fhe undeni~~ere-
s by jointy and severally oovenant, promise and agree as ollows, to-wit:
! l. So long as the note herzinabove referred to. a any pottion thereof. or any extension or renewal thereof~ and
1 atso any and allother indebtedneuof the Bocrowers. or either of th~m, to said Bank. whether joint ot several. here-
~ tofore or hereafter incurred. of any nature whauoever, shall cemain unpaid~ either before or aftet the mat~ity
~ theceof. the said Borrowers will do the following things. to-w~it;
~ (a) Pay promptly when due all fire and windstorm insurance premiums. taxes. aaessmenu. dues and char~s~ef
every kind imposed or levied upon their real and personal propetty prtor to the time when any such sums ~1.
n bernme dellnquent or in default; and ~
3 (b) Promptlypaywhendue anyand all sums due and owing on any mongage or other encambrance on [he psoA~ ~
erty6ereinafter described and will never suffer or permit any mortgage lien or encumbrance thereon t~~ s
~ come deltnquent or go into default, r-~ ~
~ 2, The Borrowers agree that they will not. without first procuring the consent in writing of the said Sank o
aftzr creace or permit any llen orother encumbrancc to exist on their property. real orpe nonal~ now ovvned or frg
~ after acquired by them including. but not limIted to. the property heteinafter described. ;
t 3, The Borrowers a ee that the shall not have the rivile e, nor will the se transfer assi h thecata t
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in anY manner whatever, dispose of the property. or any interest therein, owned by them. including speciftcally j o q
~ na limited to~ [he folloa•ing real estate situate. to-wic: (Description of Propeny a Y z~' ;
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~ Lot 2, B1oCk 1, FT PIERCE HIGHLANDS , Unit 1. Plat Book 10 H~~ _
Page 29, rublic records St. Lucie County, o"z g..... '
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so long as any indebtedneu or obligation shall remain unpaid as hereinabove referred to !n Patagraph 1.
4, If the Borrov~~en shalldefaultinanyofthe covenanu, gromises. and agreements herein contained to be made~
_ done~ and performedby them. or if they shall attempt to transfer, sell, hypotheeate, dispose of oc encumber any of
the ptoperty of the Borrowers without fint procuring the consent in wTitin of the Bank thetefor. then in either or any
of such evenu. the Bank may. in addition to any and all other rights w~Ich the Bank may have. declare the entire
o remaining unpaid principal and interesc of any such obligations or indebtednesses then remaining unpaid to the Bank,
~ v, due and payable forchwith and shall. as security for payment thereof. have a lien on all of the property of the Bor-
rowers, both real and personal~ including. but not limited to, the real estate hereinabove described. which llen may
~ be enforeed by foceclosute in the same manner as a mortgage may be enEoteed for default,
IN ~VTfhESS WHEREOF~ 'he undersigned have hereunto set their hands and s~aIs at Fort Pierce ~
County of St. Lucie ~ State of Florida~ this 4th day of October ~ lq 71
v~' signed, sealed and de red in the Presence of: _
w~ ` f ~EU ar: aEGOR0E0 n ,
C~E COUMIY F~.• ` ' _ AL)
~ r, a~ ~ ~ •,~~'A~S
ca a; ' CIE~K C'•CUiT C4U
v~ c,- 'r s ~tFCryan Y~R:FifO e' AL)
~t
- ~ I ` ~1( (Borrowets)
j`~ 1~11~,~~
_ z STATE OF FLORID~t. Lucie ~ ~
_ f ~ COC'ti7Y OF ~j1 6~~ `
. s. ~ h+-a- ' -
~ BEFORE ME~ a tioeary Public in and fof the Stace of Florida ac Large, personally apDeared Ins.~^~~ p- -
' t~
Mc-l~e*~*nntt an~ Ga?herine 1VicDernztt, his wifP known to me to be thepc rson(s) whcse
" X names(s) is/ue subscribed to the within i:utrument and acknowl~dged to me that he executed the same for *he
' ~ purposes thereia exp~essed.
. ~n
- w':TNESS m~ hand and official seal ac Fo rt Pie rce , Councy of St_ , 1ClP
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Sca~e of Fbrida. chis 4th ~~y of Octobe r lg ? 1 '
' ~ EOOK ~W P~1~i
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