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HomeMy WebLinkAbout0331 23'7511 ~ ~ nee~n~+~ .~lot To Fn,~w~ll~ on T~au~i, p~op~6y ~9 1~ Th;t the UndersiAned. hereinafter called the "Borrowen". for and in considezationof the sum of TEN DOLLARS (=10.00) and other good and valuable considerations unto them in hand id. the receipt whereof is hereby aclmowledged~ and for tiie purpose of inducingFirst National Bar1}t ~ORT PIERCE~ a Flodda baaking oorporatioa. here~~ er lled the "Bank". to g}aat credit unt~ ~ue undenigned under s promissory aote in the principal sum of ~ dated s - S. 1972 ~~~~YXXXXXYXXY Y]CXXX :XXXXXY~a ~~~~~~~~YVVYVYYY~~YYYYYYYYYYY the undenigned here~ by iointy and severally oovenant. promise and ag~ree as follows. to-wit: 1. So long ~ the note hereinabove refeaed to~ a any portion thereof. or any extension or renewal thereof, and altoanyandallother indebtednessofthe Borrowers~ or either of them~ to said Bank. whether Joint ot several. here- tofore or hereafter incucred, of any nature whatscever. shall remain unpaid, either before or after the maturity thereof. the said Borrowen will do the following things. to-wit: (a) Pay promptly when due all fire and wiudstorm insurancepremiums, taxes, aaessmenu~ dues and charges of = every kind imposed or levied upon thefr teal and personalproperty prior to the ttme whea any such sums shall = become delinquent or in defauh; and 3 (b) Promptly pay when due any and all sums due and owiag on any mortgage or other encumbrance on the prop- ertyhereinafter described aad will never suffer or permit any mortgage lien or encumbrance thereon to be- come delinqueat or go into default. 2. The Borrowets agree that they will not. without first procuring the oonsent in writing of the said Bank here- aker create oc permit aay llea aother encumbrance to exist on their perty. real orpe nonal. now owned or here- after acqutred by them including. but not limited to. thepro perty ereinafter described. 3. TheBotrowenag~eethatthey shallaot have the priviTege, nor will they sell, uansfer, assign~ hypothecate. or in any manner w6atever, dispose of t6e property. or any interest therein. owned by them~ including specifically~ but na llmited to, the following real estate situate. to-wit: (Description of Property) Lot 5 Bl~ck 46 of River Park Unit 5,aSub Division, recorded in Plat ' ~ Book 11, Page 31 of the public records of St. Iucie County, Florida, ~ ~ . ~ i " ~ : ~ , so long as any indebtedness or obllgation shall remain unpaid as hereinabove refeaed to in Pazag~aph 1. : 4. If the Borrowers shalldefaultinanyofthe covenanu~ promises. and agreemenu herein contained to be made~ ' ~ 'i' ° done.andperformedby them. or if the~ shall attempt m transfer~ sell. hypothecate~ dispose of or encumber any of ! ~ a' the property of the Borrowen without ffm procw~ing the ooatent in writing of the Bank therefor. then in either or any p of suc6 evenn. the Bsnk ma , in addition to aay and all other rights w-hich the Baak may have, declaze the entire g remaining unpaid pcincipal and interest of any such obllgations or indebtednesses then remaining unpaid o~ the Bank~ q~ due and payable forthwith and shall. as security forpa yment thereof, have a llea on all of the property of the Bor- j ,.d rowen. botL real and penonal, including. but not limlied to~ the real estate hereiaabove described, which lien may be enforced by foreclosure in the same mannet as a mortgage may be enforced for default, ca o~ IN WTTNESS R?HEREOF~ the undersigned have 6ereunto set their hands and seals at Fort Pierce ~ ~ a County of ST. Lucie ~ State of Flodda~ this day of ~7 . 19 ~ z ~ ~ y~. Sign~d. sealed and delivered in t~e presence of: ~ . y / -r ~ , ~ / ~ i ~ ; Q, c• E,c.~-~{ " / .E.~-G:~'LGL (SEAL) o L. Ho tt r: ~ ~ i ; ~ p (SEAL) ~ ~ C=., ary H. H ~ ~en) _ 3 ; ~ _ ~ ~ ~ ~ STATE OF FLORIDA ~ a~ COUNTY OF ' St. Lucie ~ ~ k ~ o 1 f T W BEFORE ME~ a Notary Publlc in and for the State of Florida at Large. personally appeared Roger L. ~ p u~ltPtt and Marx H`-~Iollett his wife known to me to be thepe non(s) whose n a m e s( s) i s/ a r e s u b s c r i b e d t o t h e w i t h i n i m t r u ment and acknowled ged to me that he executed the same for the -.~i~, Q. purRoae ~theteit! expreued, . f.~ . ~'J . I - . ~ . c,-. " Fnrf Pierce C St -1 - . ~ - 1pTt'NE y`hand and official seal at - - . ounty of i SCate~ Of Fl . t}lis 25 day of Auo ist , 19 1~ / SEAL) ~ R~s PACE J~ ~L}~•~~ ~ F~Orida at Large) ~ dUGi~ Y OMMISSION EXPIRES MOY A s~ u~~ - . My CommWion Explres u'~O1°" w•o ~ ~NOR.~ _ - - ~''~s - z;~~- ; - , -