HomeMy WebLinkAbout1142 ~ ~~~so
~t Not To En~u+~lfi~, on T p~o
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Thst the UndersiRned. hereinafter called the "Botrowen". for aad in
considerationof the s~un of TEN DOLLARS (=10~00) snd other good aad valuable coatideratioas unto them ia hsnd
paid, the receipt whereof is hereby aclmowledged. aad fa tFie purpose of inducing First National $ank
FORT PIERCE~ a Florida banking earporatioa. hereiua d e'Bank"~ to g~aat aedityn
tot~y.qdec~
under a miss note ia the cipal sum of i ~ dated Aprij lo~ 1~~
~ the enigaed ere-
~
b ioin qand severally oovenant. promise and agxee aa folbws~ to-wi~
y 1. So bng aa the note hereinabave refeaed to. oc anypotcion thereof. or any extension or renewal thereof, and
alwanyandallother indebtedaessofthe Borcowen. or either of them. to said Baak. whether ~oint or several, here-
tofae or hetea#ter inc~ured~ of sny nature whaucever. shaII remain unpaid~ either before or after the maturtty
chereof. the said Borrowen wlll do tfie folbwing things. to-wit:
(a) Pay promptly when due all flre aad aind-storm iasuraacepremiums. taxes. aaessmenu. dues and charges of
every kiud imposed or levied upon their real and penon~l p~operty prior to the time when aay such su~ns shall
beoome delinquent a in default; and
(b) Pcom p
tl
y p ay ~rhendue aa yand aU sums due and owing on ~y matgage or other encumbrance oa the prop-
r W-: ~ ertyhereina fter described and w! ll never su
f
fer or perm it any mortgage llen or encum
brance t
here o
n t
o be-
o ~ a '
y~ come delinquent or go iato default. ~
s
$ 2, The Borrowen agcee that they wtll not. without ficst procuring the oonsent in writing of the said Bank here-
g>° after create ~ permit any lien or other encumbrance to exist on theirproperty. real orpe
nonal. now owaed or here- ~
after a c
quired b y them includin
g. but not limited to, theproperty fiereiaa~ter described. ~
O
LL; 3. TheBorrowersagReethatthey shallnot 6ave the privi l
e ge~ ~wr will t
hey sell. uans fer~ assign. hypo
t
hecace. or
z W~,. ~ in any maaner whatever. dispcue o
f the property. or any interest therein. owned by t
hem~ in c lu
ding spec i fica lly. but
: m~ g na llmited to. the following real estate situate~ to-wit: (Descr[ptioa of Property) oo
r-
r~ ~ ~ .C oaar,~"•~ ;
I z~~~~ Lot 6, GARDEN VILLA, St. Lucie County, Florida s
; j U ~ ~ roAV ~
I o ` r ~SyO 1
w C ~ V ` ~ ~-/~1in i
~ ~ o ~ ~ = C tA.~~
I ~ ~ so long as any indebtedaest or obligation shall remain unpaid as hereinabove referred to ln Pazagraph 1. ~ sv
~ ~ o a 4, If the Borrowen shall default in any of the ooveaanu. promises. and ag~eements herein co~nained to be mad~t
~ done~ and p erformed b y them. or if the y shall attempt to tranofer~ sell. hypothecate, dispose of or encumber anq dN
' ~~°n the property of the Borrowen without fint pcocudng the consent in writing of the Bank therefor. then in either o~ any
~ ~ d' of such eveau. the Bank may, in addition to anp and all other righu which the Bank may have~ declare che entire
~ M remaining unpaid principal and interest of any such obligations or indebtednesses then remaining unpaid to the Bank.
due and pa able forthwith and shsll. as seciuity for payment thereof~ have a llen on all of the property of the Bor-
r
o w e r
s. ~ r e a l a a
dpe n
o n a l, i n
c l
u
d i
n g. b u t n
o
t l i m i
t
e d t o. t
h e r e a l e s
t a t e h e r
e i n a
b o
v
e d e s c r i
b e
d. w
h i c
h l
i
e n m a y
~ be enforced bq foreclosure in the same manner as a mortgage may be enforced for default,
o'v IN WITNESS WHEREOF. the undenigned have hereunto set their hands and seals at FoYt Pie iCe ~
County of St. Lucie ~ stace of Flodda. chis 16 day of April . 19 ?3
c~ W
Signe sealed and deliv d in the Qresence of:
ai
Q, ~ U
c, o ~ , , u eran
•
y' s AL)
~ Z „ e ba . -
s. v
fi 5 sN. f~ STAT6 OF FLORID
~ COUNTY OF ~t_ Lucie .
~ ~
r O
~ ~ N
BEFORE ME. a Notarq Publlc in and fa the State of Elorida at Large. per~nally appeared DOnald C.
~ and Rebba R. Suthe rland, his wife k~,own co me co be cheperson(s) whose
~ ~'s names(s) is/are subscribed to the withia iastrument and acknowledged to me that he executed the same for the
f ~ Q Purposes tl~eit~e~~rossed. .
~ ~ ~ ~ • ,ti~t`,t' 3 8 r~`
s
~ - a' ` Fort Pierce St. Lucie
WITNF~63.tn~~,~nd ~ydbff~faF~ei~ at , Councy of .
state of,Elor[da}th~..~~~ey of April lg 73 ~
. :
oa ~ ~
~_~Q • :
g~• ~ - (Nocary Pu . ta of F1ori s ac Large)
~ • . . . ; ~
y a~ ~ ~ ~ Notary Pubh tat~ of F!c::da at Large
,
~ ~OOK~r~mPA~~~p~~ ' ~
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