HomeMy WebLinkAbout0274 _
~ No~ To E~u~un,G~, on T p~o
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~9 ~ou~e~ p~y j
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~ 23~9'7~
That the UndersiRned. hereinaher called the "Bottowen"~ for and in
~ a considerationof the sum of TEN DOLLARS (i10.00) snd othery~od an~ valuable considerations unto them in 6and
paid, the receipt whereof is hecehy aclmoMledged. and fa t~e rurpose of iaducing ~'irst Natt'onal Bank
~ FORT PIERCE, a Flodda bsnking eorporation~ heseiaa er ca the "Bank". to g~ranc credit unto the undenigaed
r a ~ e e i 1 dat~ed L
~ tya~se~ve~ra~-oovensnt m e~ ee ~~enigned here-
~ ~ ~ ~Y~°~ q • P1O ~ as ws. =w+~t:
x i. So ~ong as the note hereinabone referred to. ar aaypo~
oB thereof. a any extensioa or renewal thereof, and
also any and allother indebtedaessof the Bonowers. ~ e{ther of tbem, to said Baak, whether joint or sevetal~ here-
~ tofore ar hereafter inciured~ of aay aature whatscever. ihall remain iu~paid, either before or after the maturity
~ chereof. the satd Borrowers w!ll do the folbwiug things. to•~vit:
~ (a) Pay ptomptly when due all fllre and windstorm insurancepremiums. taxes, aaeumenu~ dues and charges of
~ • every kind impoaed or levied upon thelr real and personaTpropertypriortothetimewhenaay such sums shall
~s beoome delinquent or in default; and ~
.l ~ 12 ~ (b) Promptlypaq when due any and all sums due and owing on any martgage or other encumbrance on the prop- :
q ~ ertybereidafter described and will never suffer ot permit any morcgage lien ot encumbraace thereon to be- i
r$ come delinqueat or g~o imo defaul~
~ 2, The Borrowers sgree that they will not. withont fint procuring the oonsent in wricing of the said Bank here-
after create ar permit any lien acother eacumbrance to exist oa thetrp~operty. real orperaonal. now owned or here•
after acqaired by them including. but not limited to, theptoperty fiereinafter described.
3. The Botrowen agree that they shaII not have the privi eI ge ~ aor will they sell. tiransfet. assign. hypothecate. or
ia any msnner whatevet. dispose of the property~ ot any interest therein. owned by them, iacluding specifically. but
not Hmlted to, the following real estate situate. to-wic: (Description of Property)
Block 1, lot 14. Hibiscus Park S/D , St. Lucie County
Flo rida
so long as any indebtedness or obllgadon shall remain unpaid as hereinabove referred to in Pazagraph I. ~
4, If the Borrowen shalldefaultinanyofthe oovenanu. promises. snd agreemenu herein contained to be made. ~
done~ and performed bq them. or if they shall attempt m uansfer. sell. hypothecate. di~pose of or encumber any of '
the propetty of the Sormwers withont fint procuring the consent in writing of the Bank therefot. then in either or any
of such events. the Bank may. in addition to any and all other righu wbich the Bank may have~ declace the entire
remaiaing unpaid prlnMpal aad interest of aay ruch obligadoas a indebtedneases then remaining unpaid to the Bank.
due and pa able fathaith and shall, as seeurity forpa yment thereof, have a llen on all of the propetty of the Bor-
~ rowen. bot~ teal andpenonal~ includit~g, but not limfted to. the real estate hereinabove described. which llen may
be eaforced by faecloaure ia the same manner as a mortgage may be enforced for default,
IN WTTNESS WHEREOF. the undenigned have heteunto set their hands and seals at FOrt PierCe
o '
w~ af St, Lucie , 5tace of Plorida. chis 5 day of June ~ 197~_
M
~ r^ Signed~sealed and de ered in e Qresence ofa
~ ~ ~ , =
: ~ i ~ ~ ~~L 2ctE ( )
~ ir i , rl sEAL
0
~ ~ 0 A!~Q ~ ~~~ftQ,~ " / L%~ ~ ~ ~ ~ (SEAL)
v`' ~ OGi~ FJITR/~Sk ary . cr ~G~rs)
ai ~~ERK Ct:tGU1T eOURf i
Z u STATE OF FLORIDA REL~RL~ Yf"`•F{CD M
~ ~ COUNTY OF ~ St. Lucie ~ir+?7ii~~'3
_ m v
~ a ,lya l 8 4k ~M!'7Z
y BEFORE ME~ a Notuy Publlc in and fa the State of Florida at l.arge. personally appeared Virgil H_
c~
~ ~ O Prir }?iQ avifp
G.j, Price and Mary A. e knowo to me to be the~e non(s) w+hose
= 3 namra(rj-!#/~+e' i._ d to the within instrument and acknowledged to me that he executed the same for the
- r o PurPoses the~~~en~~d•
~ ~ ~ ~~•s ~
"''~•:/l
o WITNF,SS my ~aod ~Wd otficlal ~eal at Fort Fierce ~ Councy of _ St i i~cip
f , ~ , .
T
~ f ~ ~ Scate of Fbdds, tflitr ~ 5_ ~ay of J~e 19 ~2
_ ~ a . _ . . ~ f~~~~ _
(SEAL) ,U?,=
'~^~[~JY Pup,~i S ate of Fbrida Larpe)
~i;:I:~AY f''.n' .€~4r~ FI 1 ~~t q
~ ~ • My CommWion Expires ~ Cn~`: : T. 1974
f (1^* ~CE .