HomeMy WebLinkAbout1371 242516
~ietn~e~~t Not ~ To E~~~ on T~u~+~ p~op~ty
~9
1~ That the UndersiRned. hereinafter called the "Borrowen", for and in
considerat[on of the sum of TEN DOLLARS (=10.00) and other ood and valuable considerations unto them in hand
paid. the receipt whereof Is hereby acknowledged. and for c~ie purpose of tnducingFirst N~tional Bank
FORT PIERCE, a Flotida banking oorporatioa. hereinak c~1}e "Bank" to ant c=edit to the~ e
under a omisso note in the ci 1 sum of i i~•~~ ~ ~ dated ~ov. 1-l
~ ~ ~ #
~1~~~~~~a undenlgn ~d~~her ~
~y~o ty severa y ooveaant. prom e ag~ree as o ws. to-w t:
1. So bng as the note hereinabave refeired m. or aaypo
rtion thereof. or any e~ctension or renewal thereof. and
ako any and allother indebtedaessof the Borrowen. or e~ther of them~ to said Bank. ahether Joint or several~ here-
tofore or hereaker inciured. of any natiire whatscever. shall remain unpaid. either before or after the maturity
thereof, the said Botrowen will do the folbwing things. to-wit:
(a) Pay promptly when due all fire aad wln3storm insurancepremiums. taxes~ aaessmenu. dues and charges of
every kind imposed oc levied upon their real and penonal propeny prior to the tiine when any such sums shall
beoome delinquent or in defauh; and
(b) Ptomptly pay when due aay and all sums due and owing on any mortgage or othet encumbrance on the prop-
erty hereinafter described aad will never suffer or permit any mortgage lien or encumbrance thereon to be-
come delinquent or go imo defauli;
2, T6e Borrowen agree thst they will not~ without first procur[ng the oonsent in writing of the said Bank here-
after creste oc permit anq llen a other encumbrance to exist on theirproperty. real orpe nonal. now owned or here-
after acquired by them including. but not limited to. theproperty fiereinaker descri6ed.
3. TheBorrowenagreethatthey shallnot have the privilege~ nor will they sell. uansfet~ assign. hypothecate. or
in any maaner whatever. dispose of the property, or any interest therein. owned by them, including specifically. but
na Hmited to. che following real estace situate. to-wit: (Description of Property)
The East 60 feet of Lot 3, of Replat of Block 14
LAWNWOOD ADDITION, as per plat thereof on
file in Plat Book 9, Page 53, Public Records of St, y~ n
j Lucie County~ Florida ~ ~i ~
i n w
! so long as an indebtedness or obllgation shall remain unpaid as hereinabove refened to in Pazag~aph 1, o-;, ~
s~. 4, If the Borrowers shalldefaultinanyofthe covenanu. promises~ and agreemenu herein contained to be made. o~;
~ ~ d o
n e. a n
d pe r f
o
r
m e d b y t
h
e m, o
r i
f t
h e y s
hall a ttem pt to ttansfer. se ll. h y p othecate. dis p o
se of or encumber an y of
t~ ~°n the property of the Borrowen without fint procuring the consent in writing of the Bank therefor, then in either or aay 1~
g d' o f s u c
h e
v e n
u. t
h e B a n k m a y, i n a d d i
t
i
o n t
o a ny a n
d a ll o
t h e r r i g
h u w-hich the Bank ma y 6ave, declare the entire ~ ~1 ~
L~ remainin un id cipal and interest of any such obllgadons ~ indebtednesses then remaining unpaid to the Bank. ~ m'
due aad pa~able fo~rtihwi
t
h and s
ha ll, as se c
u
r ity for payment t
hereo f~ h
ave a lle n o n a ll o f t h
e p
r
o p e
r t
y o f t
h e B o
t-
o~y rowen. bot real and penonal, including. but not llmited to. the real estate hereinabove described. which lien may R, ~
,x 'd be enforced by forecloaure in the same manner as a martgage may be enforced for default, ;
~ ~ ~ :
Fort Pierce i
~.O IN WTTNESS WHEREOF. the undenigned have hereunto set thetr hands and seals at . Q $
~ ST. LUCIE 17th Novembe r 72 ~
Coun
t y of ~ State of Florida~ this day of . 19 ~ r 4^
m ~
u Si d. sealed and delivered in the presencP of: ~ ~~}a
~ ~~ln.~~ ~ \ ? ~.v~ ~e 1 ~ AL ,
z t~ R a B rian e'`I
e ~ ~
~J / ~ j ~ .
o ~ . ~ ' ' - ,:'rc_..~ (SEAL)
~ FILED dy ~ F'~ CQROE~nstance~ 1
~ ~ G`' ST IUCiE •:~~UNTY FLA.
~ RGGt i ~ •'I"RAS a~
~ o STATE OF FLORIDA St. Lucie CLEA!~ c::~~t t CfuRT v
R ~ 3~ COUNTY OF ~y~ r~~, l-! 1- ~ µ p~`^ -~9 ~ 1' 242516
~ ~ tn ~ BEFORE ME~ a Nocuy Public in and for t~tl~~~ of ~oQ~aNi~ ~~e. personally appeared Ronald
~ ~ ~ Brian Teel, and constance ~'eel, his wife known to me co be chepenon(s) whose
~ ~ s~. a names(s) is/are subscribed to the nithin instrument and acknowledged to me that he executed the same for the
p~uposes therein expreued.
~ •
HET,K&SSi~iyh~nd and officiai seal at F~rt Pierce . Councy of St. Lucie ~
~ y~ L~ `
~ $t~te d~lqrfd~. tfiit``. ~=17 ~ay of November 19 72 .
_ - , O R ~ ' ~
f ~~~K ~Ov ~~~E 13~1 (Notary PulslicrS[ate of F ida at Large)
SSEpL) ~
' • Notary Public. State of Florida at Large
~ • • - ~ ' ~ My Commission Expires --~~-~~~,;a- A"Q_ 30~ 1976 _ _
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