HomeMy WebLinkAbout2834 222435 y - ~
~(g~e~n,e~~t No~ To E,u~ur~G~r, on T pne
~auus~, ~
That the UndersiAned. herei:tafter called the "Botrowets". fot and in
cansideradon of the sum of TEN DOLLARS (=10.00) and other~ and valuable considerations unto them in hand
paid. the recetpt whereof b hereby acknow2~Cged. and for e purpose of tnducing FirsE National Bank
FORe a I~RCE, a Flodda banking eorporation, here~r ~ed~,e "Bank"~ to gant czedit tu~o ~he.~dersigned
7~v e
~ ~ ~ ~i~ ~ che unae~~f1E1~~f
by joint~yand severally oovenant. promise and agxee as folbwn~ oo-wit;
1, So long ss the note tteretaabove refeaed to. a aaypo
rtion thereof, a any extension or renewal thereof, and
~ alsoanyandaliother indebtedneuofthe Borrowen, or etther of them. to said Bank~ whether ioint or several~ here-
tofote or hereafter incurted~ of any nature w6aucever~ shall remain unpaid. either before or after the maturity
,3 thereof. the safd Borreaert will do the following things. to-wit:
: o~ (a) Pay pr~omptly when due sll fire and wittdstorm insurancepr emiums. taxes, acseuments. dues and char es of
J}~ every kind impoaed or letried upon their real snd personalproperty prior to the tiine when aay such surruSshall
Q beoome deliuquent or in default~ and
' n (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 any mortgage tfen or encumbrance thereor~ to be-
oome delinquent or go into default.
2, The Borrowers agree that they will not~ without first proc~uing the oonsent in writing of the said Bank here-
after create or p~rr,:it an y liea or other encumbrance to extst on theirpro
p erty~ real orpe no
nal, n
ow o w n e d o
r h e r
e-
W after acquired by them including, but not limtted to, t6ep~operty fiereinafter descxibed.
~ ~ 3. The eorrowen agree that they shaU not have the priviTege~ nor will they sell. tratufer. assign, hypothecate. or
~ 3 in any manner whatever. dispose of che property~ or any interest therein. oaned by them. including :pecifically~ but
: o~~ na limited to. the following real eatate situate. to-wit: (Descri ption of Pro
p ert y)
i , ~
l _ T 4 ~
y~_~ East 1!L of Lot 8, less North 50 feet, and East s
1/L of Lots 10 and 12, MARAVILLA TERRACE,
' y~ S'r. Lucie, County, Florida
~
o so long as any indebtedneu or obllgation shall remain unpaid as hereinabove referred to in Paragraph 1.
~ 4, ff the Borrowers shall default fn any of the covenanu. promises. and agreemenu herein contained to be made.
~ M done. and performed by ttiem. or [f they shall attempt to uansfer. sell~ hypothecate~ dispaae of or encumber any of -
' a,, the property of the Borrowen witbout fint procuring the consent in writin of the Bank therefor. chen in either or any
~ ~ of such events~ the Banic may~ in addition to any and all other righu w~ich the Bank may 6ave~ declare the entire
remaining unpaid principal and interest of any such obligations or indebtednestes then remaining unpald oo the Bank.
' ~,ij due andps able forthwith and shsll, as security for payment thereof. have a lien on all of t6e property of the Bor-
~ rowen. bot~ real and personal. includit?g~ but not limited to~ the real estate hereinabove described. which llen may
E y o be enforced by faecloaure Ln the same mac?ner as a mortgage may be enforced for default, ~
~ N
~
U`+ IN R'1TNESS WHEREOF~ the undenigned have hereunto set thelr hands and seals at Fort FiaxCO . ~
~ v Counry of St. Lucie ~ State of Florida, chis 7th day of D~~=embe r , 19 ?I ~
~ ~
; ~.o y Si ed~ sealed an ~delivered in the presence of: ~
~ ~ ~
` - ~
~ ~ z -
~ ; (SEAL) ~
; i o , ~ James C. Hes*
~ ;
; ~ ~ ~ ~ a e A. H (SEAL) o r~p~~'
~ p ~~tgrvd~ers) ~ o eo -
n A
- ~ DA~~2
a~ STATE OF FWRID~t. Lucie ` -^c v°o
~ C+ y~ COUNTY OF - m c o~~
t, 3 O ~ p -i _~=t<h'
M~ nA-~0
J' 'v ~ > <
BEPORE ME~ a Notary Publlc in and for the State of Florida at [.arge. personally appeared = ;
2~ O sv ~
James C. Hester and Ma`ael A. Hester , his wife -
known to me ro be thepe non(s) whose
L1~ names(s) is/are subscribed to the ~rtthin instrument and acknowledged co me that he executed the same for the ~
purposes thereia expraued; ; .
wITTvESS my hand snA offiotal real ac Fort Pie rce , Councy of St. Lucie ~
State of Florida, chis 7th ~+ay of- December ~ lg 71
' (SEAL) (Notary Public. State of Fbrida at Large)
~ R ~~V~~, ~ii;Tk:.y+~,_',r! v:~' ~fnnf,.~;I at (;eRf
~ M Comm(ssion Ex fres G~, ,,.~-.."""S nr? I n, 1974
ECJK 198 PAC~ Y P .