HomeMy WebLinkAbout0016 _ ~2835 ~ ~
~e~~t !~t To ~ ~iu~,un~G~, en T ~
A9 . na'~ p~op~
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~'hat the UndersiRned, hereinafter caIIed the "Bortowen". for and in
considerationof the ~tm b~T~fl I~LI.AYiS (~.00) and other good and valuable considerations unto them in har?d
paid, the receipt whereof is hereby aclmowledged. and for tbe purpose of indacing First National Bank
EORT PIERCE~ s Florida banking oorporadon, here aker called the "Bank", to grant credit unto the undeni eu
~~r a e in e ci 1 sum of ~~~~da~te~d `
~~lj~~~ the undenigned here- ~
by jointy and severa y oovenaat. prom e ag~ee as ws, to-w t•
1. So bng as the note hereinabave referred m. or aaypo
rtion thereof. or any exteasioa or renewal thereof. and
also aay and all other indebtedness of the 8orrowets. or e~ther of them. to said Bank. whether joint or several~ here-
tofoce or hereaker incurred~ of any nature whauoever. shsll remain unpaid, either before or afcer the maturity
thereof. the said Bortowets will do t6e folbwing things, to-wtt:
(a) Pay promptly when due all fire and windstorm insutancepremiums~ caxes, aaessments~ dues and charges of
- every kind imposed a levied upoa thelr real sad personal property prior to the time when any such sums shall
become deIinquent or in defautt; and
(b) Promptlypay when due any and all sums due and owing on any matgage or other encumbrance on the prop-
ertyhereinafter described and will never suffer or permit any mortgage lien or encumbrance thereon co be-
come deItnqueat otgo into defautt~
2. The Bortowen a~rree thst they will not. without first procuring the oonsent in wtiting of the said Bank here-
after create or pera~it anq llea a other encumbtance to exist oa theirproperty~ real orpenonal. now owaed or here-
after aoquired by them iacluding. but cwt limited to, the property fierefnafter described.
3. TheBorrowenagreet6attheyshallnot have the privilege. nor will they sell. transfer. assign~ hypothecate, or
in any manner whatever. dispc~se of the property~ or any interest therein, owned by them, including specifically. but
na Hmited to. the following real estate sicuate. to-wit: (Description of PropertY2
Lots 2 thru 12 inclusive~ Block 4 revised Plat o#- P~lm Haven Subdivision
according to Plat thereof recorded in Plat Book 8 Page 44 of the Public
records of St, Lucie County, Florida.
so long as any indebtedness or obllgation shall remain unpaid as hereinabove teferred to in Parag~aph 1.
4, If the Borrowers:halldefaultinanyofthe oovenants. ~omises. and agreemenu herein contained to be made~
done. and performed by them~ or if they shall attempt to uansfer~ sell, hypothecate. dispose of or encumber any of
~ the property of the Borrowen withaut flrst procurlug the coatent in wriiing of the Bank therefor, then in eit~er or aay
s. of such evenu, the Bank may~ in addition to any and aII aher rights wl~ich the Bank may have~ declare the entire
remaiaing unpaid pclncipal a:id interest of any such obligado~ or indebtednesses then remaining unpaid to the Ban1c~
due and pa able forthwith and shall, u sec~utty forpa yment thereof. have a llen on all of the property of the Bor-
rawen. bot~ real and penonal, includ~g, but na lim~ted to~ the real estate hereinabove described, which llen may
; s. be enf~ced by faeclosure in the same manner as a mortgage may be eaforced for defauic,
; o 0
i ~ M IN WiTNESS WHEREOF, the undenigned have heceunto set their hands and seals at ~7 . ~ Ip ~ Ic ~
~ County of ~ * - c- • ~ 'F . State of Florida, this day of . 19
j
~ Si . sealed and delivered in the presence of: ~ ~
, ~ ~ ~
! ~ ~ ` ~i iam . ne r ~ (SEAL)
~ ~ , ~ ~ (SEAL)
; ~ ~ ~ _ Janice r
~ z
` ~ a~ STATE OF FLORIDA ~T L v C~~ E'
; ~ ~ COUNTY OF .
~ ~
~ ~
,
i ~~o BEFORE ME~ a Notuy Public in ~nd for the State of Florida at Large. personally appeare~~~s b~ I/E~ ~ L Q'
~ T'
' 3 3~~: L~-~~A M F'. [ LS~tINP~ ,~Nl~ ~ N,'C E ~Le SetiNPR~~to
me t~e th ~penon(s) whose ,
4 ~ ~ o names(:j is/are subseribed to the withia instrument and acknowledged to me that he executed the same for the
~ ~ ~ pwpoaes chereln expretsed,
~ ~ ~ ~ , ~
( ~ T~ WITNESS my hand and officiai seal ac R~F ~ County of S T, L u~. ~
€ ^ a~
' Scate of F1orW:, thb +.i2Y~I~5.day of ~ --s- 19 Z
' ~~iR~
~
: (SBAL) (Notary Publlc. State of Florida at Large)
t fl~ My Commission Expfres NOTARf Pt13tIC. STATf OF FLQRiDA AT Wt6E
a.~~K f~L`E . : : . .
BOH(?ED iHitU fRFD W. OIESTEtHORSL
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