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Home My WebLink About2349 234504 " ~t ot To E~un~l~ on T p~o ~~m~ ~ ~ KII~OIp T~ T6at the UndersiRned. hereinafter called the "Borrowers", for and in consideratlonof t sum of TEN DOLLARS (510.00) and other good and valuable considerations unto them in haad id. the receipt whereof is hereby acknowledged. and for ti~e purpose of inducingFirst NationalBANK at ~ORT PIERCE~ a Flodda banking oorporation, here,~c~p~tf.r ~a~lled the "Bank". to gxant credit unto the undeni,g~ed under a pcomissory note in the pdncipal sum of i ~s3t b dat~eyd,~ Julv 31~ 19~Tt~G ~~~~~Y X X X Y X X X X X YX X X X Y Y X Y Y X Y Y~Q[~~p~x~R!{~Ai4I~A~F~~~RRIi~ y~~g ~~x~~~ . ~~~~txie~ the undenigned here- by joint7y and severally covenant. promise and agree as follows. to-wit: ' j 1. So long as the note hereinabove referred to. ~ aaypo rtion thereof. or any exteasion ot renewal thereof. and also any snd allother indebtednessof the Borrowen. or e~thet of them. to said Bank. whether joint or several, here- ~ ~ ~ tofore or hereafter incutred. of any nature whaucever, shall remaia unpaid. either before or after the maturity ' chereof. the said Borrowen wiU do the following things. to-wit: ~ (a) Pay promptly when due all fire and wind-storm insucanceptemiums. taxes. aaessments. d~ies and charges of _ - ever y kind im p o sed or levied upon their real and personalpropeny prior to the tiine when any such sums shall beoome delinquent or ia defau l t; and s (b) Promptlypaywhendueaayand all sums due and owing on any mortgage or other encumbrance on the prop- ertyhereinafter described and will never suffer or permit any mortgage lien or encumbrance thereon to be- come dellnquent or go into default. 2, The Borrowers agree that they will not, without first procuring ihe consent in writing of the said Bank here- ' ~ after create or permit any lien or other encumbrance to exist on theirpropert y, real orpe nonal, now owned or here- - after acqutred by them including. but not limited to~ theproperty Fiereinafter described. ~ ; ~ 3. The Bocrowen agree that they shall not have the privitege, nor will they sell. uansfer. assign. hypothecate. or C in any manner whatever, dispose of the property. or any interest therein. owned by them~ including specifically. but " " na llmited to. the following real estate situate. to-wit: (Descdption of Property) ° ~ Lot 31, Block 47, Unit 5, Piers Park, as recorded in the Plat Book 11, Page 31, of St. Lucie County, Florida ~ ~ I so long as any indebtednesi or obllgaKon shall remain unpaid as hereinabove referred to in Puag~raph 1. ~ ~ 4, ~f the Borrowen shall default in any of the covenanu. promises, and agreemenu herein contained to be made. ~ done~andperformedby them~ or if they shall attempt to transfer. sell, hypothecate~ dispose of or encumber any of ~ the property of the Borrowers without fint procuring the cocuent in writing of the Bank therefor. then in either or any ~,2, of such events. the Bank may. in addidon to any and all ot6er righu wliich the Bank may have~ declare the entIre remaining unpaid principal and intetest of any such obligations or indebtednesses then remaining anpaid to the Bank. due and payable forthwith and shall. as secvrity for payment thereof. have a lien on all of the property of the Bor- ~ C.L, rowen. both real and penonal~ including. but not limited to, the real estate hereinabove described, which lien may ~ be enforced by foreclosure in the same manner as a mortgage may be enforced for default. O M . IN WTI'NESS WHEREOF. the undersigned have hereunto set their hands and seals at Fort Pierc e ~ County of St. Lucie ~ State of Florida~ this 31 day of July ~ 19 ?2 - ~ . sealed and llvered in the presence of: ~ Si ~ ~y O . ~ ~ - ~ ~ ~ ~ "'t ' ~ALj~ T ~ ~ ~ i~ v ~ _ r aul na ~ ~ ~ ~ ~ C~ j~ '+c~.. ~ W ` ~ z u ~EAL +nto ~ ~ y n a an~~owers) w ~ ~ ~ ~ _ ~ - j, S T A T E O F F L O R I U A ~ ~ ~ ' J' N COUNTY OF St_ Lucie ~ ~ ~ O . N ~ ~ _ 9EFORE M£~ a Notary Public in and for the State of Florida ac Large. personally appeared ~~~Henry Paul ~ :J ~ ' ~ o~. ' ' ' known to me to be thepe non(s) whose z „ , O names(s) is/are subZ~db .~to •the withia instrument and acknowledged to me that he executed the same for the - ~ purposes therein~~te~ed; : J ~ :i~--N~i r'~ ~ WITHESS hly~aud3[W~offiMalsesl at Fort Pierce , councy of St. Lucie__ . . . ~ - ' - cr, t1. . - , . - Julv _ ls 7~ Scace of Florida,.sbis _.~..:~dap-ipf . ' ' ~ _ . x (SEAL) (Notary Publlc. State of Florida at Large) ' 2348 N~A~ ~BUC. S?~TE d FLORIDA at lA~f d P~ ~n~ M Commission Ex ires "~••"•"^S M'T t~_ 197a V ?';,l•t y P ~-w~ flIRU f~D N. DIESTEllIORSi ~ ` ~ . r ~ ~ - ~ _