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HomeMy WebLinkAbout2723 24'7630 ' No~ To E~u~un~i~ on Tnane pno ~ ~ ~9 ~ m z~ ~ l~O~v f'lw 1~1l~ That the Un~ersiAned, hereinafter called the "Bortowen". for and 1~ o~ consideration of the sum of TEN DOLLARS (=10.00) and other Aood and valuable considerations unto them in haa~' c~(~ id~ the receipt whereof is hereby acknowledged, and for tfie purpose of inducingFirst Natl Bank of • ~ORT PIERCE~ a Flodda banking eorporation. heteina er~a ~1e j~e"Bank". co g~ant credit unto the undeuigned~ y under a romisso note in the ci al sum of i gLy-~a dated 2-Q-73 ~ ~ ~ ' c~i ~ ~~~C~ ~ th~e unden~~a:ev $ ~ by jointy and severally oovenaat. promise and ag~ree as fo11ows. to-wit: r 1. So long as the note hereinabove refeaed to. oc anypo rtion thereof. a any extension or renewal thereof~ and' > ao ; ` ako any and allother indebtednessof the Borrowen. or e~ther of them. to said Bank. whether joint or several. here m 4 tofore or hereafter incurred~ of aay nature whaucever. shall remain unpaid~ either before or after the maturity~, o i chereof. the said Borrowen will do t6e following things. to-wit: ° (a) Pay promptly when due all fire and windstorm insurance premiums, taxes~ aaessments. dues and charges of~ ~ ~ - every kind imposed or levied upon their real and per~nalpropeny prior to the time when any such surrs shallo ~J" ~ beoome delinquent or in default; and (b) Promptlypay whendue anyand all sums due and ov~ring 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 delinquent a go into default. 2. The Borrowen agree that they will not. without first procuring the oonsent in writing of the said Baalc here- after create or permit any lien or other encumbrance to exLct on their pmperty. real orpe nonal, now owned or here- after acquired by them including. but not llmited to. the propc:ty hereinafter described, " 3. The Borrowen agree that they shall not have the privilege, nor will they sell, uansfer~ assign. hypothecate. or in an~r manner whatevet. dispose of the property. or any interest therein. owned bq them~ including specifically. bm~ na hmited to. the following real estate situate, co-wit: (Descdption of Property) ~y o-~ N v N < ' .c~ To Beg, of Curve Concave to NW, then SLY and WLY on a-~ ARC of Curve 48. 77 Ft. Then N. 87 Deg, 54 Min 34 Sec. W ~ T• ~ 254. 54 Ft to POB (45) 24'7s30 ~ ~ r ! ~ o •=L'- ~ ~ sa long as any indebtedr.ess or obligation shall remain unpaid as heteinabove referred to in ParagFaph 1, n ~ : cn 4. If the Borrowen shall default in any of the covenanu. promises. and agreements herein contained to be maiwf ~ ' ~ done~ and performedby them. or if they shall attempt to transfer. sell. hypothecate. dispose of or encumber any4lP~ t `i' the propeny of the Botrowers without fint procwing the consent in writin of the Bank t6erefor. then in either or any ~ ~ of such evenu. the Bank may. in addition to any and all o[her righu w~ich the Bank may have, declare the entire ~ v~ remaining unpaid prlncipal and interest of any such obligations or indebtednesses then remaining unpaid ro the Bank. due and pa able forthwith and shall. as security forpa yment thereof. have a lien on all of the property of the Bor- ~ rowen. bot~ real and penonal~ including. but not limtted to, the real estate hereinabove described. which lien may ~ be enforced by faeclosure in the same manner as a mortgage may be enforced for default, ~ j~ J IN WTTNESS WHEREOF. the undersigned have hereunco set their hands and sealc at Fort Pierce ~ ~ y y County of St. Lucie ~ State of Florida, this 9th day of Feb_ . 29 2~ ~ ` j a' Signed. sealed and delivered in the presence of: /n, ~ ~ ~ J ~ ) • / ' ~ ~ ~ ~ (SEAL) _ W P rl ill r ~ ~ w ~ _ ~ ~ {S E:1 L) ~ ~ o ~ - t~ lyde . K~d~t+do,ers) ~ ~ ~ k STATE OF FLORIDA St, Lucie r ;i; ~ COUNTY Oi- ~ o ~~F p Clyde C. ~ y ~ ~ a BEFORE ME~ a Notary Public in and for the State of Florida at Large. personally appeared ~ Killer, and Pe~ r: Killer, his wife known to me tobe thcpe rson(s) whose ~ - names(s) is/are subscribed to the within instrument and acknowledged to me that he executed the same for the ~ purposes therein expressed. 'W; _ ~ ~ ~ ' ~ For t Pierce Councy of St. Lucie , ~ ~ wlTivESi my h~f~d and official seal ac . - _ - - 9 Feb 73 ; Stac~~of Flot~da~, thf~ day of 19 , ~ ~ ~ : . ' ` . ~ K , C >~w,~ ~ ~ ~ ~ (SEAL) :~tK~~~ r4'~~~~0 (hotaryPubl . Sta of Flori a at Large) ~ : f- : r . ~ ?rs ~ My Commission Expires f3•~''`--' St,•e ^f F~o~ida at Large ~ tdy Comr~~ss~~n Expires Aug. 30, 19i6 - ~ ~ _ ~ .t