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HomeMy WebLinkAbout0344 ~~..~e ,E~~ 2~9'76 sT. cowmr RocE; Pa?ne~s CtERK C+~c~WT COtIRT RECOR;~ VE4~FIE0.~..,...,_ pur file 5-23, 577 Miur e . i ~6 PM'~Z 2289'76 AGREEMENT NOT TO ACCEPT OR , RECEIVE FU1'URE ADVANCES KNON1 ALL 1?~N BY THESE PRESENTS. That the undersigned, being the owners in fee sia~ple of the following described property lying and being situate in St . Lucie County~ Florida. to-wit: Lot 20, Block 3, FRANKLIN PARK ADDITION, according to the plat thereof, as recorded in Plat Book 6, at Page 56, in the Public Records of St. Lucie County, Florida which lands are encumbered by a certain first mortgage owned and held by•First Federal Savings ~ Loan Association of Fort Pierce which ieortgage contains provisions for future or additional advances thereunder, for and in cansidrration of the sue~ of s10 and other good and valuable considerations, receipt of ahich is hereby acknowledged, to the undersigned in hand paid by MIRIAM KIRSCH the owner(s) and holder(s) of a second mortgage against said property; dated January 29 , 19~! recorded under Clerk's File No. 223535 in the Public Records of said County, and in order to induce said secor~d arortgagee(s) to give, close and disburse said second mortgage, have and do hereby agree that during the tera~ of said second ~aortgage and any renewals or extensions thereof. that the.undersigned shall not apply for, accept or receive any future or further additional advances under said first ~ortgage and shall be without capacity to so do. This agree~eent shall be a covenant running with the above described property and shall be binding upon the undersigned. their heirs, personal representa- tives and assigns and all persons or parties hereafter having or claiming any right, title, claim or interest in and to said property. IN WITNESS I~MEREOF, the undersigned have hereunto set his (her) (their) hand(s) and seal (s) this 29thday of January, 1972 • Signed, sealed and delivered -~t~T~ ~~~~~p~,,,,,~~ (SEAL) ~ in the presence of• ~ EAL) ~ STATE OF FLORIDA ) ) ss. COIA~ITY OF ST. LUCIE) Before me the unders~i~n e~d~ authori~t~Y personally appeared LUTHER L. MULLINS and MINNIE A. MULLINS, his wife, well known to aie. who acknowledged before me that he (she) (they) .executed the above and foregoing Agreea~ent for the purposes therein expressed. IN WITNESS WHE1tE0F, I have hereunto set ~ay hand offi~~1~ seal this 29thday of Janusry , 1912 . ' ' . ~ (~1y commission expires: ~ . . June 30, 1975 600K PACE Prepared by Moie J.L. Tendrich, ATTY., 2240 Biscayne vd., Miami, Ffd de 33137 ~ ~ _ - -=.:-Y