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HomeMy WebLinkAbout0840 25U492 ~ ~ nee~n~e~~t Not To F.,~aun~ on 7 p~o ~ f ~ ~ i . ( K~ ~~~^J That the Undersi~ed. hereinafter called the "Borrowers". for aad in constderationof the sum of TEN DOLI.ARS (=10.00) and other~ and valuable considerations unto them in hand paid. the receipt whereof is hereby aclmowledged~ aad for e turpose of inducing First National Baak FOftT PIERCE. a Florida banking oorporadoa, hereir~ ftg~ l1gc],the "Bank". to gcant credit~u~ to~ i under a misso note in the ci 1 sum of = 1•_`4~• S G dated. Ma rch ~ y r 1 . che~~unde~ g~ned here- ~ by Jointy and severally ooveaant, pcomise and agree aa follows~ to-wit= 1. S o bng as t he note here i na b o ve re fe a e d to, a anyportion t hereo f. a any exteaston or renewal thereof. and o g~ ~ alsoanyaudallother indebtednessofthe Borrowen, or e i t h e r of them. to said Bank. whether joint or several. here- ~ tofoce a hereatter incuzred. of aay nature whatscever. s h a l l re ma i n u n p a i d. e i t h e r b e f o r e o r a f t e r t h e m a t u r i ty w d~~i chereof. the said Borrowecs will do t[ ie folbwing things. to•wit: ~ Y o~ ~ (aj Pay promptly when due all Hre and wiudstorm insurancepremiums, taxes. aaessments. dnes aad charges of v~~ ~ everq kind imposed or levied u p o n their real and personalpropectv pri~ to the tiine when any such sums shall ~ r J~~~ b eoome de l i nqaent or in de fau l t, and - m~ g ' (b) Promptlypaq when due any and all sums due and owing on any mortgage or other encumbrance on the pmp• V''\ e r t yhereinsfter desc r ib ed a a d w i l l a e v e r s u f f e r o r p e r m i t a n y m o r t g a g e l i e n o r e n c u m b r a n c e t h e r e o n t o be- ~ a, w~ o0me delinquent or go lnto default. ~ '~5~ 2. The Sotmwers agree that t6ey will not, without first procuring the ooasent in writing of the said Bank here- ~ i a ft e r c c e a t e a p e r m i t a n y l i e n o r o t h e r e a c u t n b r a n c e t o e x i s t o n t h e i r p r o p e n y. r e a l o r p e n o n a l. n o w o w ne d or 6 ere- ~ after acquired by them including. but not limited to. thepropeRy 6ereina f ter destx i b ed. y„ o ~ 3. TheBotrowen agreethatthey shallaot have the privi e1 ge, nor will they sell. uansfer. assign. hypothecate,~ ~ a~~, in sn q maaner whatever. dispcue of the p r o p e~ t J?, or an y interest therein. owaed b y them. includin g s p ecificall y. ~'a ~ ~ o~ ~na l ~ m(t e d to. t he fo l lowing real estate situate. to-wit: (Description of P r o p e r t y) s, r~ w d SUNSET PARK, Block 3, Lot 17, St. Lucie County Florida ~ ~~L G ~ 't~ ~ ~ • ~ so long as any iadebcedaess or obligatfon shall rernain unpaid as hereinabove referred to in Pazagraph 1, s.~ ~C ~ 4, If the Barowen shalldefault in anyof the covenants. promises~ and agreemenu herein contained to be made. s, o done ~ and performed by them. or if they shall attempt to tratufer. sell, hypothecate, dispcxe of or encumber any of the property of the Borrowers without fint prac~uing the consent in writiag of the Bank therefor. then in either or any ' w M of such evenu~ the Bank may, in addition to aay and all other righu w~ich the Bank may have~ declare the entire , remaining uapaid principal and interest of aay sucb obligations or indebtedneues then remaining unpaid m the Ba~ic. ; due aad pa~able fort6with and shsll, as security for payment thereof~ have a lien on all of the property of the Bor- ~ rowen. bot real and penonal, includU?g, but not limited to. the real estate hereinabove described~ which lien may ~ ~ ro be enforced by foreclosure in the same manner as a mortgage may be enforced for default, f x p IN WTTNESS WHE[tEOF, the undenigned have hereunto set their hands and seals at Fort FierCe ' S t, Lucie 2 3 Marc h 73 ~ I County of ~ State of Fiorida. this ay of , 19 { ~ Si d. sealed and vered in e presence of: f w ~ w -N L/ ~ ~ ~ (SEAL) i Z a ~ • Lgo Stone J - ~ EAL) ~ ~ ~ ~ A nna . ` ers) ~ `'i' STATE OF FLORIDA ST. LUCIE ~ = + o COUNTY OF ~ 'T ~ ' ~ 3 o BEFORE ME, a Notuy PubLc in and fa the State of Florida at Large, personally appeared Leo Stone ' and Anna M, Stone, his wife E - known to me to be thepe non(s) whose ! r: [ Q names(t) tsaai~' J ed to the within ir~suument and acknowledged to me that he executed the same for the ; p~rpoie~,there~?, p~esse~, ' ~ ~ x ; , ~ a v _ ~ . w ' ~ :~il~'~'NL~SS`mKhand andofficial seal ac Fort Pierce ~ County of St. Lucie ~ . j ~ ' ' ' ' ` sr'~e,of E~prWR~.r~t~ y of March 19 ?3 ; . I ~ ' ~ ; ~ ~ G~ ~ ~ (SE~?`~.)` (lVotar Pu e, St e f F ~~st l,arge) . N~tary ~bl1 , tate F~on a arge ~ 0 R~~~ ~~O My Commission Expites -~Y~omm~sston Cxp~res Aug. 30, 19/6 ~ 6~rK Q~~~f ~ - ~ ~ .~w - ~ _ ~ - ~