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217 .
~g ot To on Tna~ne~r, pnop~6y
That the UndatsiR~ed. her~ inafter callc:d the "Borrower:"~ fot and in
consideratio~of the ~um of TEN DOLLARS (510,00) and other good and valuable considerations unco them in hsnd
paid, the receipt wttereof ts hereby acknowledged~ and for the purpose of inducing First National Bank
FORT PIERCE, a Flotida banking oorpocation. hereinaf~,~a~11~~he "Bank"~ to grant credit unto the undenigned ;
~ e a~„„„ g note c f ~ ~ }
d'~dt~ ~t
~~~11~~t~~~~~ ~~~~~f~~~~~~1~~~~ the undenistned here- i
t
niy a severa oovenant, m e an a ee as o ws, to-wit: ~
1, So 1ong u the note hereinabove referred to. a anypo
ction thereof~ or any extensio~ or renewal thereof. and ~
also any and allothet indebtednessof the Borrowen, or e~ther of them. to said Bank. whether ~oint or several~ here-
cofore ot hereafter incurred~ of any nature whaucever~ shtll remain unpaid~ either befae o: aftet the maturity -
chereof. the said Boaowen will do the following things. to-wit: ~
(a) Pay gs~+t~ptly when due all fire and windstorm insurance premiums~ taxes~ acsessmentx~ dues and charges of
every kind impcued or levied upon thetr real and personalproperty prior to the time when any such sums shall
beoome delinquent or in default; and
(b) Promptlypay whendue anyand all sums due and oaing on any mortgage or othet encumbrance on the prop-
erty ~erelnafter described and wi12 never suffer or permit any mortgage lien or encumbrance theteon to be-
come delin~uent or go into default,
2, The Borrowen agree that they will not. without firat procuring the consent in writing of the said Bank here-
after create a permit any llen orother encurr:brance to exist ~ the~rpropeny. ceal orpe nonal~ now owned or here-
after acquired by them including. but not llmited to. thepropetty Fiereinafter desaibed.
3, The Borrowen agree that they shallnot have the privilege. nor will they se11, aansfer. assign. hypothecate, or
in any manner w6atev?r~ dtspose of the ~roperty. or any interest therein. owned by them. ineluding specifically~ but
not limited to, the following real estate situate~ to-wlt: (Description of Property) ~
' Lot 16, Block 48. RIVERPARK UNIT #5, St. Lucie County,
~ Florida
s
x
~ so long as any indebtedness or obligation shall remain unpaid as hereinabove referred to in Pazagrap6 i.
- 4, If the Bortnwen shall default in aoy of the covenants, promtses. and agreements herein contained to be made,
done~ and performed by them. or If they shaU attempt to transfer. sell. hypothecate~ dispose of ot encumber any of
_ the propetty of the Borrowers without fitst procuring the consent in writin of the Bank therefor, then in either ot any
of suc6 evenu~ the Bank may. in addition to anp and aU other righu a~ich the Bank may have~ declare the entire
remaining unpaid principal and interest of any such obligations or indebtednesses then remaining unpaid to the Bank,
due and payable forthwith and shall~ as security for payment chereof. have a lien on all of the property of the Bor-
~ rowers. both reai and penonal, including, but not llmited to. the real estate heretnabove described. which lien may
be enforced by forectosure in the same rnanner as a mortgage may be enforced for default,
_ ~
_ IN WTfNESS WHEREOF~ the undersigned have hereunto set their hands and seals at Fort Pierce ,
- St. Lucie 13th October ?1
o County of , Scate of Florida~ ch[s day of , 19
?n
`x d' Signed, seated and de ered ia tFte presence o!: ~
~ ~ O M ~ ~ ~-yL~~~
- - ~ ` (SEAL)
_ ~ _ (j ~ '
~ c_ (SEAL)
' ~ v
y ~ ~ u ' (8oaow~ers)
_ _ ~ ~
~ STATE OF FiARIDA
ST I.tiCIE
c~y A. COUNTY OF
- ~ ~ ~
~
5~~ BEFORE ME, a hotuy Publlc in and fa the State of Florida at Large, personally appeared
~ G~
~ - Burton T. $~h•s~d ~iladys B. Smi,th. his wife known to me to be che non(s) ~hese
- o
~ ti names(s) is/are wl~ct~ib~l:to t~~arfthin instrument and acknowledged to me that he executed t e san:e for the
= ~ purposes therein exptessed,
_ ` 3 0
- ~ ~
~ ='n W IT iIESS my hsnd and offi+C1~I seal at F~rt erc,P , Coan~y of . St,. T.•~ ~ i e .
. _ a~~
' J: ~ >zare of Florbda, thb l~ay of ~ctobe r 19 71
(SEAL) Public. State of Fbrida at Large)
.
~nI rr ,ti.~.»~
" My Commiuion Expires ~'r~ t •j ~ i~`;'~
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~ECl~D i-_~.~~~~ IN tAYlNDR Of 1AXES
~ C~VE Oq CLIISS 'C' tNtANG~eIF PfRS(iNAI Nip~fRTY~
~ F~tSl1NMr Tt? CHAPTLR 20714, ACTS Of Iq41. ~Ilf 0 AMO c p~
_ H~GER PoIIRAS. C1er1~ Grtart CouR ST. LUCIE COUN~j?RR~.
' R~Gff Fp~TRAS
= aS A~t fot DA1MfEt N. K1YOWlES, 1R CIEeK Ct;tCWt ~p11RT ~
~t. lutk Courrh Taac Cotltctor RECOR~ vERlrfEp~
Ocr 18 9 as AM ~ :
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~ 22'~~ 9~ ;
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