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HomeMy WebLinkAbout1633 ~339~5 ~tgnee~nre~ut Not To En~un~fi~ on T pno ~o~~ ~ That the U~deniRned. hereinafter called the "Botrov~en", for and in consideration of the sum of ?EN DOLl.ARS (=10.00j and other good and val~sable coasidPrarto~ unto them in hand paid. the receipt whereuf is hereby acknoa~ledged~ and for tFie purpose of inducing First National Ban3t at r~~ FORT PIERCE. a Florida banking ootporation. hereinaRer called t6e "Bank"~ to grant ctedit unto tne undeni~c?ed o&~" ~der a misso note in the princ! 1 sum of i dsted_ T~,~n_ 1972 a ~ d ~ ~ ~ O ~ by JOiaty aad severally ~ovenaAt. promise and agree as olbws, to-wit: ~ e~~~~ ~ ~ v 1. So long asthe note hereirtabove refecred to. ~ anypo rtion chereof, or anp extension or renewal thereof. and ~ ~ p~ o y oif~ep~a hereafter in~c~trbed, of an t6nature~ whatscever, shall remain unpaid ae ther~befae ornafter thermacurity = ~ thereof. the said Borrowen will do t~e following things. to-wit: ~ r. W~ (a) Pay promptly when due all flte and windstorm insurance premiums. taxes~ aaessments. dues anc~ charges of - ~ 54 every kind imposed ot levied upon their real and personalproperty prior tothe time when any such sums shall ~E beoome delinqueat or in defautt. aad 5~ ~5 ~ (b) Ptomptlypaq whendue anyand all sums due and owing on any mort$age or other encumbrance oa the prop- ~ ti~ 0 3 ertyhereiaaker described snd will never suffet or permit any cr~srtgage liea or encumbrance thereon to be- r: ~ come delinqueat or go into default. ~ 2, T 6 e B o t r o w e n agtee t ha t t hey i ll not. w it hout f i r s t proc a r t ng t he oonsent in writing of the said eaak here- after cteate or pertnit any lien or other encumbrance to eicist on theirproperty. real orpe rsonal~ now owned or here- ~ s~ aftet acquired by them iacluding. but not limited to, the pcoperty eh teinafter descri6ed. j ~ 2S 3. The Borrowen agree thst theyshall aot have the prtvilege~ not will tney selt~ uansfer~ assign. hypothecate. or ~ in any manner whatever, dispose of the property. or any interest therein, ow~ned by them~ including specifically. but ~ na llmited to. che following real estate situate, to-wit: (Deseription of Property) Start at the Northwest corner of Blo~k 2, FAIRLAWN HOMES SUBDIVISION, ~ according to a plat thereof recorded in Plat Book 9, at Page 10~ of the ~ Public records of St. Lucie Gounty, Florida, thence run SouEh 140 feet w along the East side of South 31st Street to the point of beginning, thence ; s ontinue South 82. 5 feet, thence East I40 feek, thence North 82, 5 feeE~ ' o thence We t 140 feet t { ° so long as any in~ebtednest or ob~aHB?~ s~~~em~ih ~~}~~{~~inabove refeaed to in PatagFaph 1. ~ 4, ff the Borrowen shalldefauttfnanyofthe eovenants. promfses~ and agreements herein contained to be made, o M done, and,performed by them, or if they shall attempt to transfer. se11, hypothecate. dispcne of or encumber any of -x the propetty of the Borrowers without first procusingthe consent in writin~ of the eank therefoc. then in eltE~er or any ~ of such eveats~ the Bank may. ia addition to any and all othet rfghts w~tich t~e 8ank atay have. deelare the entire remaining unpaid p~indpal and interest of atty sucL obllgations or indehtednesses thea remaining unpaid to the Bank, due aad papable forthwith and shall. as secutity forpa ytnent thereof. have a lien on all of the property of the Bor- rowets. boti~ real and penonaI. incIud~g~ but not limited to, the reat estatc hereinabove described, which lien may o~ be enforced by forecloaure in the same manner as a mortgage may be enforced for default, ; ~ _ IN WITNESS WHEREOF. the undenigned 6sve hereunto set their hands and seats at ~Fort PiercP , ^ z ~ ~~ty of St. Lucie , State of Florida. this 20 day of July , 19 72 - •r. y a Sign sealed and de ed in the presenee of: ~ w F lEQ Aflp RECORdE ~ ' - i f% " ~.ltfC1E COUM~Y f ~ ~ o OITIt~lS na i iam 1 a g SEAL) 3 "~~/f ' ~ C~ERK C~ :CUlT CQ T . ~ • 5 ~t ~-'t/e~'".~`~/~ RECORD Y Ft~lEO EAL) U` o / ani~,~ E. ~~~ls J~~ ~ J~.15 4 t3 PN'11 STATE OF FLORIDA ; o COUNTY OF - t- , ici~ J~~~ ~ 'f. ~ ~ f ~ 0 BEFORE ME~ a Notary Publtc fn ~nd for the State of Florfda at Large. personally appeared ~Onald William ~ ~ - f p{ ~ Richard~, ~~,~,jgnj,~~~ Ri c}?ardA hi s= j,f'p xnown to me to be chepe non(s) whose names(s) :${u~be~!_tp the ~rithin instrLment and acknowledged to me t6at he executcd the same for the P~P06es Th~~Iji eicj~rbesed. - . WITNESS rr~y ~and and offtoi~l seal at-ForE Pie rce ~ Co~~y ~ St 7.uc-i~_ ~ State of Flotids;!l~ts - ayr of July 19 ~ , • . ~.t~'~ ' fi~-J~ (SEA1) J.. • (IVotazy Pubiic, State of Ftorida at Large) ~[OTARI? Pf)QtIC. S7ATE of FIORtDA at r"^^~ ~ R 20,~ My Commission Expfres M Y W!~!~;IS +rnJ E"^ b001( ~v~.~ t~! FB~ W. DlFSTEt1~:-s~s, - Z~ _ , _ _ r . ` ' ~ ~ ~ ~:~„`~~~'~~k . : ~ ~~"-a.k.c