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HomeMy WebLinkAbout1402 / 223451 ~ne~,t No~ To E~n,a~un~, on T p~o ~9 ~ ~~^J T6at the UndersiRned. hereinaher called the "Borrowen". foc and in considerationof the sum of TEN DOLI.ARS (310.00) and other good and valuable consideracions unto chem in hagd paid, the receipt whereof is hereby aeknowledged. and for the purpose of inducing First Natl Baxik oi FORT PIERCE, a Florida banking eocporatioa, hereinaftet e the " ank"~ to grant ctedit~u tQ tag u~ ~n ed ~under a ~ ory note ia the ci 1 sum of ~ ted r~e b 4 t~L ~~M~~~ ~ e undenigned here- by jointy and severally covenant. promise and agree as fol3ows. to-wit; 1. So bng as the note hereiaabove referred to. or any portion thereof~ ot any extension or renewal thereof, and alsoanyandallother indebtednessofthe Borrowen. or either of them~ to said Bank. whether ioint or several, here- tofae ot hereafter incurred. of any aature w6atscever~ shall remain unpaid~ either before or after the matur[ty thereot~ the said Borrowen will do the fol~owing things. to-wit: • (a) Pay promptly when due all fire and windstorm insurancepremtums. taxes~ aaessmenu. dues and charges of " every kind imposed or levied upon their real and personalproperty prior to the time when aay such sums shall beoome delinquent or in default. aad (b) Promptlypaywhendue aayand all sums due and owing on any mortgage or other eacumbrance on the prop- ertyhereinafter desctibed aad will never suffer or permit any mortgage lien or encumbrance thereon to be- come dellnquent or go into default, 2, The Borrowen agtee that they will not. without first procuring the oonsent in wricing of the said Bank here- after create or permit sny lien or other encumbrance to exist on cheirpro petty. real orpe nonal. now owned or here- i' after acquited by them tncluding, but not limited to. theptopetty hereinafter described. ` 3. TheBotrowenagreethattheyshallnot have the privilege. nor will they sell~ tzansfer~ auiga. hypothecate~ or ~ in any manner whatever~ dispose ofthe property~ or any interest therein~ owned by them. including speciflcally. but ~ na limlted to~ the following real estate situate, to-w1t: (Description of Property) ~ i N 110 Ft of The South 290 of the East 144, ?6 Ft, of the W 1/2 of the i W 1 ~L of the SW I/4 of the NW 1/4 of Section 2I, Township 35 South , Range 4~ E, St. Lucie County, Florida ` so long as any indebtednes= or obligation shall remain unpaid as hereinabove referred to in Patagraph 1. ~ 4, If the Borrowen shall default in any of the covenants. promises. and agreemenu herein contained to be made. ~ done, and performed by them. or if they shall attempt to uansfer~ sell, hypotttecate~ dispose of or enc~mber any of the property of the Borrowers wittwut Mt procuring the consent in writin of the Bank therefor, then in either or any of such evenu, the Bank may. in addidan to any and all other tights w~ich the Bank may have, declare the entire _ remaining unpaid principsl and interest of any such obligations or tndebtednesses thea remainiag unpatd to the 8ank. - due and ps able fortbwith and s6all, as seeurity for payment thereof, have a llen on all of the property of the Bor- ~ rowen. bot~ real and personal, includitig. but not llmited to~ the real estate hereinabove described. which lien may ;f, be enforced by faeclosure in the same mannet as a mottgage may be enforced tor default, - ~ M IN WTI'NESS WHEREOF. the undetsigrted have hereunto set thetr hands and seals at FOrt Pierce ~ J County of~- Lucie ~ State of Florida, chis 4th day of February , 19 72 ~ Signed.sealed and d vered in the presence ofr , ' ~ 223451 " ~ ~ ~ , , (SEAL) ~ ~i r FIIED AyQ RECORDEO ~~rthur F, Woo " " ~ ~ • - ~~`~~G_ % ST llfC,_ ..o;~HTr FLA. ' " . . (SEAL) ~ $ ~ u , C! caF. ; ; -i;~J~' COURT ~V , anita • ~rrowets) ~ g - f+ Acr^c• ;r~ c,E;~~~ ~ ~ o~ J~ STATE OF FLORIDA~t. LuCi ~ ~s~ - J~. COUNTY OF AN ~TZ ~ Y~i . ~ ~ BEFORE ME~ a rotary Public in and fa [he State of Florida at Large. perwnally appeared A rthur ~ ~ _ ~ F, Wood and Juanita J. Wood, his wife known to me to be thepe rson(:) whose v name~(s) is/ut subseribed to the within instrument and acknowledged to me that he executed the same for the ~ Pu.-poses.~b~er~L~~ expsessed, a . ~ .I ~ , ~ ~ ~ - ~ WIr~IESS myh,~ad and oftictal seal ac- Ft Pierce , Councy ~f St. Lucie m ~ ~ ~ ~ ~ ~ 3rd Februar ?2 ' ~ State of•Ebrf,d~, t~ ~ day of y 19 _T ? ~ ~ . ~ ~ _ ~ . . . . (Ivota~ Publlc,_ St~e ,~yqF~d t~ rge) N ~[•~'F _ . . ~i~ ,~i~~ My Commiuion Expires t"~•' . . . 1974