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~lgnee~e~+~ Not To E - on T p~o
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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) ?
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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 ~
.
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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 . ,
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CIEkK r:'-~:~`; COURT
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: FE8 ~I 9 57 AM ~ Z
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