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HomeMy WebLinkAbout1273 '2,~.'7~~ k~s ~ r~ RILEQ ~NO ~ ~ I ~.lUC1E ~Q~~"'~ ~ - ` ROCEa P~It1tl~~ GLEPK CIRCW~" ; }lE~ap VfR1P1~Q'~/~'~~ ~t tis 1~ 3t t~+'j AGREE6tENT NOT TO ACCEPT OR pur file 5-21, 588 RECEIVE FUtURE ADVAivC~S KNOW ALL MEN BY THESE PRESENTS, That the undersigned, heing the owners in fee simple of the following described property lying and being situate in St. Lucie County, Florida, - to-wit: Fron the intersection of the centerline of Orange Avenue ~:`tension and the East section line of Section 9, Township 35 South, Range 39 ::ast, run South along said section line a distance of 670 feet to a point; thence run West para~iel to centerline of Orange Avenue Extension a distance of 360 feet : to a point of beginning; thence continue West a distance of 299 feet to a point; ~ t~Ience run South parallel to said section line 140 feet to a point; thence run ; ~ast parallel to centerline of Orange Avenue Extension, a distance of 299 feet ~ co a point; thence run North parallel to said section line, a distance of 140 t-eet to the point of beginning. TOGETHER WITH an easement for road purposes over Che West 60 feet c~f the East 360 feet of the East ~ of the SE ~ of said ~ection 9, the sa~ne b~inp Lot ~~10 ~fb an unrecorded ~lat entitle~d "West - - - - , Hhic lan s a e enc~~mbere y a certain first ortgage owne and i held by~ FiY'St Federal Savings & Loan Association of ' ~ Fort Pierce - ' which mortgage contains provisions for future or additional advances thereunder, for and in consideration of the sum of $10 0 ; and other good and valuable considerations, receipt of which is ~ = hereby acknowledged, to the undersigned in hand paid by ,b E. MILTON SACHS F" the owner(s) and holder(s) of a second mortgaRe against said ~ pi-opertv dated April 24, 1971 and recorded under Clerkts n File ~I~o.208778 ~ i in the Public Records of said County~ and in order to induce said secor,d mortgagee(s) to give, close and disburse said second ' ~ mortgaAe, have and do herebv agree that during the term of said ~ > second ~nortgage and an}• renewals or extensions thereof, that ~ the undersigned shall not apply for. accept or receive any = ~ future or further additional advances under said first mortgage ~ and shall be Mithout capacity to so do. This agreement shall be ~p a covenant runnin~ ~ith the above described property and shall 'd be binding upon the vndersigned, their heirs, personal representa- ~ ti~•es and assiRnc ancl all persons or ~arties hereafter ha~~ing or ~y _ claiming any right, titley clair~ or intere~t in and to said property. y N I1 hITNESS K'HEREOF, the undersigned have hereunto set ~ his (her) (their) hand(s) and seal (s) this 24th dav of April ~ t ~kR~c 19 71. . - Si ed, sea d an livered j~ ~!Z%i~GGCZf~u~_sc.~ ~SEAL) ~ i the pre r _ ~ _ ~ ~~~~(SEAL) t~ii _ o~ _ ~ ~ ~=a ~ ~y~ ' ' ~ ' H . - ST:~Tf: 0 FLORI DA ) ]C - ) ss. ~ : Cot1`T~' oF ST. LUCIB ~ ~ ~ ~ Before me the undersi gned authority pe~rsonally appeared W S - RAYMOND A. GLAWSON and ESTELLE M. GLAWSON, his Wife ° e l l k n o a- n t o m e, w h o a c k nowled ged before me that he (shc) (thcyl r° ~ executed the aho~~e and foregoinR ARreement for the purgoses thcrcin r' exnrc~sed. _ . ~ ~ ` ~ Iti WIT\ESS w'}lEREOF~ I have hereunto set my han and fficial ~ tt = ~ ~ " sea l t his 2 4 t h day o f Ap Y' i l 9 ~ 6 1 9~ 1 ~ n ? = ~~~K 19fi ~~F 12?3 _ ~ ~ ~ ~!v cocz¢iis~ion expire~: y U ~ . • y June 30, 1971 `~`~x~'~ ~ ?repared by Moie J. L. Tendrich, ATTY. 2240 Biscayne Blvd., Miami, Fla. 33137 ;