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HomeMy WebLinkAbout1189 223294 ~lgnee~e~+~ Not To E - on T p~o ~0~ ~ KIIM~ T~ T6at the Undarst~nzd. hereinaiter called the "Borrowen". for and in consideracionof the :um of TEN DOLI.ARS (=10.00) snd other good and valuable consideracioas unto them in hsnd paid~ the receipt whereof !s hereby acknowledged. and for tC~e purpose of inducing First Na 1 Bank of FORT PIERCE~ a Flodda banking oorpontion. hereinafter esUec~ d~3 gan~6. to g~ant credit u~an~,~ndelrsi~ed uader a omissor note in the nci 1 sum of = ~ dated y. yYL ~ t e un ecsigne ere- by iolnty and severaIIy oovenaat, ptomise and agree as lbws, to-w ts 1. So bng u the note hereinabove reteaed m~ a anypo rtlon thereof~ a any exteasion or renewal thereof. and alsoanyandallother indebtednessofthe Botrowen. or either of them, to said Bsnk. whether ioint or several. here- tofae a hereafter incurred. of a~y nature ~hauoever, shall remain unpaid. either before or after the maturity chereof. the said Borrowers w!U do the folbwing things. to-wit: (a) Pay promptly when due all fire and windstorm iasurancepremiums. taxes, auessmenu~ dues and charge: of every kind imposed or levied upon thefr real and personalproperty priot to the time when any such sums shall beoome delinquent or in default; and (b) Promptly Fay when due any tnd aU sums due and awing on any mortgage or other encumbrance on the prop- ertyhereinafter described and will never suffer or permi~ any mortgage 1[en or encumbrance thereon to be- come delinquent or go into default. 2, The Borroaen agree that they will not. without fim Frocuring the oonsent in writing of the said Bank here- after create or permit any llen orother eneumbrance to exist on theirproperty. real orpe nonal. now owned or here- aRer acquired by them ineluding. but not limited to. the property hereinsfter described, 3. The Borrowen agree that they shall not have the privilege. nor w~ill they sell. ~ansfer~ assign. hypothecate. or in snq manner whatever. dispose of the propetty~ or any interest therein. owned by them, including specifically~ but not Hmited to. che following real estate situate~ to-wit: (Description of Property) ~ Q~ i~ Begin SW Corner outlot 1, Run N Along W line and projection thereof ~O 696. 05 ft to POB, then run E 255 Ft, then N 75 Ft, then W 255 Ft, then S 75 Ft to POB, less Road R/ W (5) St. .Lucie Count y. a ~ ~ ~ so long as any indebtedness or obligadon shall remain unpaid as hereinabove referred to in Pazagraph 1, - 4, If the Borrowen shalldefaultinanyofthe covenanu. promises. and agreemenu herein contained to be made. done~ and performed by them~ or if they shall attempt to varufer, sell. hypothecate. dispose of or encumber any of 3~ ~ 2 3 the property of the Borrowen without fint pcocuring the consent in w~riting of the Bank therefor. then in either or any r° e~ o of such events~ the Bank may~ in addition to an and all other ri ghts w~ich the Bank ma y have~ declare the entire ~ S ~ d, remaining unpaid pcincipal and interest of anysuc~ obligations or indebtednesses then remaining unpaid to the Bank. ~ p~ s cn due and payable fo~thwith and shall, as security forpa yment thereof. have a llen on all of the property of the Bor ~ rowen. b o t h rea l a n d penona l, i nc lu ding. but not llm l ted to, t he real estate hereinabove described, w*hich lien may ~ o be enfocced by foreclosore in the same manner as a mortgage may be enforced for default, ~ t' " ' ~ IN WITNESS WHEREOF. the undersigned have hereunto set their hands and seals at Fort Fierce i i o.~ County of St. Lucie ~ Stace of Florida~ chis 19th day of January ~ 19 ~ I ~ ~ Signed. sealed and d ered in t6e presence of: s ~ ~ ~ Ji~ ~ • f ~ SE ~ . . ( AL) ~ U / ~ - G - ~ a~ C' scc~. ~Gta-C.~) (SEAL) ~ A vi s Ke e~~wers) ? ~ ~7~. ' STATE OF FLORIDA ~ e ~ 0 ~ ~ COUNTY OF St Lti~~~° f ; BEFORE ME~ a NotaryyPubllc in and for the State of Florida at Large, personally appeared ~ ~ ~ Q` ~ k P. L. Keen ~pfld i~ris Keen, his wife known co me co be chepe rson(s) whose ~ 3~ names(a) is/ue fe~b~tbed to the ~ttt6ia imuument and acknowledged to me that he executed the same for the ^ :J , ~"Y~~ 'll ~ ~ ~ P~P~es ther~ : ~ 'I _ SvS I' M O ~ \ . • _ ? ~ ~ ' ~ Fort Pierce a . n~~, Councy of St. Lucie ~ WITNESS ~aed atid oFfic[al seal at , . ~ - ~ ~ ~ State of tbr~da, ~ ` ~~y of 19 ~ . ~ . ' ~ 5 (S6~L) • . ~N~Ii+Y ~B[~C. ST~~ o~fF~~~~~~ t~ti~f8e) YY OOMMtSSt••,~ Fvot~-S C'~T. l0 ' 77~ - My Commitsion Expires . , R 'v~Y ~ ~j fi~Ea e.~•: ~~~coaeEo ST.LUC~_ :~~~MtY flA. / :,;,i Rd.ri:' t ~)1 RAS ( CIEkK r:'-~:~`; COURT g~ qFCGR'? YF.: :<<D .~r ~ : FE8 ~I 9 57 AM ~ Z _ ~ORIt P''!~~ ~ . - _