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,r,etn,,e,~t Not To E~ue~~, o~, T~~ne~ii, p~op~y
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M~ That the UndersiAned. he.reinafter called the "BortoWers". for and in
consideradon of the sum of TEN DOLLARS (=10,00) and other good and valuabie considerations unto them in hand
id. the receipt whereof is hereby ackaowledge~~ and far tbe purpose of inducing First National Bank
~ORT PIERCE~ -a Florida banking oorporation. herein {fter he "Bank"~ to gFam credic unta ~th u~ nigaed
undet a ptomissory note in the ci 1 sum of i 1- 4~~~ dated 1 L-~' ` g _
~
~ e undenigned here-
by ioiaty and severally oovenant. peomise and agFee as follows. to-w~it: ~
1. So long as the note hereinsbove referred to. oc any portion thereof. a any extension or renewal thereof, and =
alsoanyandallother indebtednessofthe Borrowen. or eithet of them. to said Bank. whethet joint or several, here- _
tofore or hereafter incurted, of any nature whaucever. shall remain unpaid. either before or after the macurity ~
chereof. the said Borrowers will do the folbwing things. to-wit: '
' (a) Pay promptly when due aII flre and wlndstorm insurancepr emiums, taxes. aesessmena. dues and charges of ~
~ every kind imposed or levied upon their real and penonal propsrty prior to the time when any such sums shall ~
become delinquent ar in default; and '
s (b) Promptly pay when due any and all sums due and owing on any mortgage or other encumbrance on the prop-
" ertyhereinafter described and will never suffer or permit anq mortgage lien or encumbrance t,~eon to be-
' eome delinquent or go into default,
' 2, The Borrowers agree that they will not. without fim procuring the consent in writing Mt~ here-
s after create or permit any lien orother encumbrance to exist on their percy. real orpeno
naP~a~~i ~wa flr here-
after acquired by them including. but not limited to~ the property ereinafter described, s'A. l~ ;
~ 3, The Borrowen agree that they shall not 6ave the privilege. nor will they sell, ~ac~er~ {si~i¢, h~pt~i~. ot ~
in any manner whatever. dispose of the property. or any interest therein. owned by them. nclu5~n ~edbcs~le~,,,but
~ not llmited to. the following real estate situate, to-wit: (Descriprion of Property) ~-g.!yl ~ 3
9 ~ .
~ ~ P~~ e
~ West 168 Feet of Lot 27 MARAViLLA GARDENS df li•F ~ '
~ y
~ : o SUBDIVISION, Unit 1, (124) ^y ~i~~~f~G~c~~~,y
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L ~ ~ ~ 7 G~ ~ ~
A
F
^ M ~~~~C~.
'e so long as any indebtednest or obli ation shall remain unpaid as hereinabove referred to in Paragra -
' 4, If t6e Borrowers shall default ~n any of the covenanu. promises~ and agreemenu herein contain ~ be made.
~ done. and performed by them. or if they shall artempt to transfer. sell, hypothecate. dispose of or enc any of
a .ti the property of the Boaowen without first procuring the coasent in writin of the Bank therefot. then in ei r any
of such events. the Bank may, in addition to an~ and all othet righu w~:ch the Bank may have. declare~ ntire
~ remaining unpaid principal and interest of any suc obligations or indebtednesses t6en remaining unpaid to e ,
i G~ due and payable fortha~ith and shall, as security for payment thereof. have a lien on all of the properry of the -
row~rs. both real and penonal. including. but not limited to. the real estate nereinabove described, which lien may
i~ v be enforced by faeclosure in the same msnner as a mortgage may be enforced for default.
V
~ r- r~' IIJ WTTNESS WHEREOF, the undenigned have hereunto set their hands and seals at Fnr R ercP
~ ~ ~ ~
~ = ~ S~. Lucie brd December ?2
~ Counry of . State of Florida, this day of . 19
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p Sign~d. sealed and deHvered in the prese R~0 - ,
~ ~ -iL~',6' ~ ,'j T.LYC~~C~""~~' l _ ~\J~- a'-~"~-'~(SEAL)
~4 - ` ° ~ ' _ . CLR~~RL~ ~ ilda J. ga
~ - ~ ' . - -x 4 rE~~~~EO ~ AL~
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s ~ l~
;ti _ j ' ~ e Z~ (Borrowers)
_ ~ D
- STATE OF FLOR~A Lucie Fr~~~
= COL'NTY OF
~ J. ~ O
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~ Q, BEFORE ME~ a Notary Public in and for the State of Florida at Large, personally appeared
:':s Hilda J, Pagan known to me to be the person(s) whose
` names(s) is!are subscrlbed tO the within instrument and acknowledged co me thac he executed the same for the
_ - purposes therein ex~eested.
wIThESS my hand and afficial seal ac F~ r! u e,.,. e , Councy of e •
~
` State of Flotida, t6is 6th day of December 19 ?Ti
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- ~
~f' li
- (SEAL) ' (A:otary Public. State M Fbtida~at I.arge)
- NaTAR'r PUBUC. STATE d FtQRIDA et URGf
_ 0 R~~~ My Commission Expires ~~~ee~nN c~^~^~e rr7 in ~arf~a
- ~OQ~ /0lIOE~ fllRfl FilfD /1. OtESTELHORSI
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