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~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,
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