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HomeMy WebLinkAbout2697 ,4 ..st Nol to b'~o~d.~ o~ ~1 A,~ey~~ 228523 ~ 9~" ~e'~td`''', ? As an inducement to First Peoples Bank of Fort Pierce. Fort Fierce. Florida (hereinafter called "Bank"), to grant credit to the uaderaign~d under a p~omiseorn note ior tha sum o! ~ 5 7 8. 6 4 dated 4-28'72 X~ ~$JiXXX r.,,, and in oonaideratioa thereo~ the undersigned (here- inaitez called '~orrowers") ~ointlY ~nd sevetaltY agree that until said note and any e~ctension or renewal thereo! aod also W and all othes ~ndebt~edness ~ the Borrowers. or either o! them, to Banlr, whe*.~er ioint or several. here- tofore ar hereelter incnrred and without re~anl to the nature thereo~ ahall have been paid in tull or unW Zi years iollowln6 the death ad tL~ Lst sttrvivoz~ oi the und ed. wh~chever shall cccur ~rst. (a) Bon~owers wiII pay all ta~oes. weameab. duea a~ charHes oi every or levied. or which mas? be im~~ or levted upa tbeir real and pezwnal~~oro~ty P~or to the time when aqy oi such taxes. ass~sments, duea or w~-~-,=es shaII° become deunquenk aad ) Horrowers will nok without the oonaent in writin~ of Bank tirst had and obtaincd. tl) enate or permit aar ~+ea or other encumbsances (other than PresenW? ezisting Hena and liens aecurin8 the . ps4y:nent oi loans and advances made to them by Bank) ~st on their property, real or personal. now owned os hereattes acquired, or (Z) tranafer. sell. 2~ypothecate. ass~8n or in any manner whatever dispose of the said prop~tty~ o~. eny iaterest therein, including specitically, but without limitation, the tollowing described real pro- perb?. situated ia the Count~ St. Lucie State ot F1orlda: (Description oi Property) • Lot 2, Block 2 0~ M. K. MOORE~S SUBDIq~~ON, as per plat thereof ; as recorded in Plat Book3, paqe 11 of the Public Reco=ds of St. ~ , . ~ Lucie County, Floirda. y _ It is further agreed and understood that i! default be made in the pedoimence oi any o! the terma hereoi. ~ or oi aay inatrument ezecuted by Borrowers in connection herewith~ or in the p~rment oi any indebtedness or- obligation oi Borrowers now or heresiter owing to Banlc. Bank maY. at its electioa~ in addition to all other rem- edies and righta which it maY have bq law. declare the entire remaining unpaid principal and interest oi an3? such obligations or indebtedness then remainin8 unpaid ~~e Bank due and payable forthwith. Borrower herebq aasigna to Bank alt raoneys dne or to become due to Borrower as rental or otherwiee for os on ac- count oi such real pmperty. resem?ing unto Borrower tha right to collect and retain any such moneys prior to Borrower's _ ~ default under the terms of the loan described above. ~ It is further agreed and understood that Bank may. in its discretion, and is herebq suthorized and permitted by Borrowen to cause this instrument to be recorded at .such time and in such places as Bank may. in its discre- ~ tion. d " ~ ~ / _ ' . ~ ~ _ ~ _ i ess - ` f~ 0 ~tN~ RECp Dated at- Fort Pier . Florida '~~dF~~ s~•R~E POUNTr~ ~ ~ ~ P~~ CLERK CfRCUiT CO:IIRT A ril 2H 2 ~ ~ p~~~~' IlECORO YERIF~EO~.~ , ~ . . : a`'~ a~`' e~ a~• ~ ~ ; n s~~~ oF ~.o~ro,, ~~0 s~. uw'~ MAr 1 12 39 PM Tt i S t. Luc i e -~~ty a* r~ ~ " ~ 2~28523 ch, Aoril 28} 1y72 ~e Deanna F. Cooley ~ a Notary Public in and ior said. Saint ~Ll~Cie County and State. ~ . .rs:y. ~~~y 8pcea~ Sammy C. Conley and Susa . . Imown to me to be the peraon(s) whose name(s) is/are su ~ L~ ~~iQStrument and acknowledged to me .b _;.i~f~~~~y'.~'s _ ~ ~ ,.O that r_hPx executed the same- ~ i : ~ . , WITNESS my habd and otiicial sesl. ec = ~ ; ¦c =O ` ~ v~! NOTM'r /!lrL1C ~TATE af FLORI[t! ~ ~,,.r'~~ .``'N4tary Public y e:wr~~e r_ i{Wll ~ ~ ~~y s co SmmissionD vexp,ic~.co M~~l~RA~ IN:URMICE. UNDERYIfR1 ~ yjM?~1tMM??~+a~ PAC~ /~-I-7.1~ ~ Y-~ 6; ro^ , - . . ~~;6~ - ~ _ v?~..~` 'r . _ s _ _ -