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S?~lUC1E COUNTY 21'~338
IIOCER POITRAS ~
CLERK CIRCUIt COURT
RECORO YEitIF1ED~.
I~T I5 II 37 ~M'11 our file s-2i,sia
AGREEFtENT NOT TO ACCEPT OR ~
RECEIVE FUfURE ADVANCES
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K\Ow' ALL [NEN BY THESE PRESE'~TS, That the undersigned, being
the owners in fee simple of the following described property
lying and being situate in St. LuCie County, Florida,
to-Mit.
Lot 7, Block 3, of IRENE PLAZA, according to the
Plat thereof, as recorded in Plat Book 9, at
Page 33, of the Public Records of St. Lucie County, '
Florida.
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which lands are enc~imbere~ by a ceriain first mortgage owned and ~
~ held bv~ First Federal Savings & Loan Association of ~
Ft. Pierce ~
~ which mortgage contains provisions for future or additional
- ad~~ances thereunder, for and in consideration of the sum of S10
and other good and valuable considerations, receipt of which is
~ hereby acknowledged, to the undersigned in hand paid by
? MORRIS GERSHIN AND BELLA GERSHIN, HIS WIFE.
the owner(s) and holder(s) of a second mortgage against said -
~ property, dated May 27, 1971 and recorded
- in the Public Records of said County, and in order to induce said
secor,d mortgagee(s) to give, close and disburse said second
mortgaRe, have and do hereby agree that 3uring the term of said
second ~nortgage and any renewals or extensions thereof, that
- the undersigned shall not apply for~ accept or receive any
f~ture or further additional advances under said first mortgage ~
- and shall be without capacity to so do. This agreement shall be E
} a covenant running tiith the above described property and shall ~
be ~in~3ing upon the undersigned, their heirs, personal representa- ~
i`~ tives and assi~ns and all persons or parties hereafter having or i
_ claiming any right~ title, claim or interest in and to said property.
IN WITtiESS wNEREOF, the undersigned have hereunto set
his (her) (their) hand(s) and sealfs) this 27thday of May, ~
1971 • ;
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= Signed, sealed d de2ivered ~~9~~(SEAL)
in the rese e f:
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l~ ,~c~ ~(SEAL) ~
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STATE FLORIDA }
~ ) ss.
CoUtiT~' oF ST . LL`C I~3
Before me the undersigned authority pcrsonal_l}• ap peared ~
- CHRISTOPHER ANDERSON and MAGGIE ANDERSON, his Wife ~
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well know~n to me, who acknowledged before me that he (she) {tfiey) F
exect~ted the aho~~e and foreRoing Agreemenc for the purposes therein. ~
; ex~ressed.
IN WIT~ESS h~FlF-.REOF~ I have hereunto set m~ hand and offiCial
seal this 27thday of May , 197 -
- ~~R¦ 1JU f'.:i:~ ~~7~ • r~ : .
` !t~• .or~;r±iission expires: 'QTARY IC A
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~:z June 30, 1971 _
~'repared by Moie J. L. Tendrich, ATTY. 2240 Biscayne Blvd., Miami, Fla. 33137
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