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Home My WebLink About0377 ~ „ / S , CIE COUNTY FIA. ~ ~ t~~ ROCEa PO??RAS ~ ~ ~ \NPA`M~P~pfR~~~ ~ PECOaO YfRRF1E~ COU~T ~~~'~„E~.S ~ ~y~l. ~ ~i oa AI~'~3 ~54 - ~,E.~ p~~ t~r ~5 4~0 ~25g~~~ , ~ i~ ? ~~~~t ~R~' s AGREEMEN'r NOT TO ENCUMBER OR TRANSFER PROPERTY Sun Fiank of St. Lucie County As an iaducement to Ft. Pierce, Florida (hereinafter called "Bank"j, to grant credit to the undersigned under a Promissory note for the sum of ~ 6877.20 daied 5-8-73 or to purchaee ~ from (hereinafter called "Dealer"), Lha promissory nate of the euidereigned for the aum of ~ , dated , and payable to Dealer. and ia consideration thereof, the undersigned (hereinafter called "Borrowers", 3oiatly aad sevexally agree that watil said note and any extensiort or renewal thereof and alao any and all other ~ indebtedness of the Borrowers, or either of the~, to_ Banlc, whether joint ar sev- eral, heretofore or hereafter incurred and witbout :egard to the,nature thereof, shall have been paid in full or until Z1 years folloa+iu~ the death of the laet survivor of the undersigaed, whichever shall occur firat, ~a) Borrower.s will pay aII taxes, assessmeats, dues arid charges of every kinc~, iriipoaed or levied, or ~ which :nay be imposed or levied upon their real and personal property prior to the time whea aay af such taxes, aseesemente, duee or charges ahall become delinquent, and (b) Borrowers will aot, without the coasent ia writing of Bank first had and obtained, .(1) Create or permii any lien or other encumbrances (other than presently existiog lfens and liens securing the payment of loans and ~ z Y $dvances made to them by Baak) to exiet on their property, real or perscnal, now a~ - ed or hereafter acquired, or (2) tranefer, sell, bypothecate, assign ar in any S' es whatever dispose of the said psoperty, or any interest thereia. including v ecifically, but without limitation, the following described real property. ~ W ~ i t u a t e d i n t h e C o u n t y o f St. Lucie , ~tate of Florida: H~o ~ " (Description of Property) W N All of Lot 5, and the South 25 feet of Lot 4, Block 2, H. R. Moore'a _ ~ r~- c N Subdivision, as per plat thereof on file in Plat &?ok 3, Page ll,. public ~ 2 records of St. Lucie County, Florida. It is further agreed and understood that if defauit be made in the performance ~of any of the teYma hereof, or of any instrument executed by Borrowers in conn- ection herewith, or in the paymeut of any indebtedness ar obligation of Borrowers now or hereafter ovving to Bank. Bank may, at its election, ia addition to all other remediea and righta which it may have by law. declare the enHre remaining ua- paid principal and interest of any such obligations or indebtedness then remaining unpaid to the Baak due aad payable forthwith. Borrower hereby assigns to Bank all moneys due or to become due to Borrower as rental or otherwiae for or on accouat of such real property, reserving uato Borrower the right to collect and retaia any such rrioneys prior to Borrower's default under the ternZS of the loaa described above. It is further agreed and understood that Bank inay, ia its discretion, and ia ~ere- ~ by authorized and permitted by Borrowers to cauae this instrument to be record- ed at s h Hme and in auch places as Baak may, in ite discretion, elect. j . nes - r ti 1tAC 8 S ~ Dated at-Fort PierCe, Florida ' ~':`aY I,S'(,~ - ae ; STATE OF FLORIDA County of ~t. Lucie On N,ay tS, 1973 before me Shirle Delaune - , a Notary Public ia and for said ~ounty and State, reonally appeared Richard C. & Jean B. Stabile known to me t~~F~~~~oa(s) whose name(~ is/are subscribed to the within instrument a~,~cltngy~dge to me that th~__ executed th~~a~trie. # _ ~ . ao'; = =y, ~;~-i.~ t WITNESS my hand and official seaL : .~M uv R= ~ " :~R~C~ C ' ; Doc. stamps affixed tc original note, (Sealj ; . . 1 ~ ~ C L!! ~14 ° c.' ~!V ota ry P PUBnC~ ~ATE M FLORtDII st U1RGE ~ A~E MY COb!'blISSlON G;:~:cS ~:i 19!6 ~j~~y,.~ „ i:a ~ ` : ~ - - - - - - BOn0~0 ibfY 6M»fil Ini~r)r:~e ur._.; n' . s.a,as ~ v I ~ m ~'~.~y`, t- t+ ' r ~~,.r._^F" ~ ~'fia-=24"~~~~~. ~w~~~.~, Y ~:'4~ ~ .~~`w.~~~ c T~aa~-R:.~"a_s.~~`.