HomeMy WebLinkAbout2101 255554
`~t~+~t Nat To E~ on T pa~o
~9 ~
;
That the UndenIRned. hereinafter called the "Borrowers"~ for and in
coasiderationaf the ~um of TEN DOI.I.ARS (=10,00) snd ot6er good aad valuable conslderatioas unm them in hand ~
paid, the receipt whereof is hereby aclmowledged. and for t[te purpose of inducing~'irst National Bank ~
~ FORT PIERCE~ a Flodda banking eorporation. heretasfter d~}, e ank". to g~ant ezedit t the ~derf~ j
W~ ~ under a promissory note fn t6e prinMpal sum of = ~•~46• 4~ dated ~aY ~
~W ~ ~
.~~igned ere-
o a~ « y y severa y oovenant, pcomise and ag~re~ as folbws. to-wit:
` J~ 1. So bng as the note heteiasbave teferred m. oc anyporcion thereof. a aay extension or renewal thereof, and
o $ alsoanysndallother iadebtednessofthe Bomuwen, or either of them, to said Bank. whether Joint or several, here-
~ N ~ tofoce or hereafter inciured. of any nature whatscever, shsll remain unpaid~ either before or after the maturity
o,-; 4 thereof. the said Borrowen will do the folbwL things. to-~vit:
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(a) Pay promptly ahen due all fire and windstorm insurance premiums~ taxes. assessments, dues and charges of
every kiad imposed or levied upon their real and personalpcoperty prior to the tiine when aay such sums shall ~
beoome delinquent a in default; and ~
-~°~5 ~ (b) Prompciypa
ywhendue aayand all sutiis due and owing on. any mortgage or other encumbrance on the prop- #
C,' y~~ e rt
y h e re i n a f
t er des c
r i
be d a n
d w i ll never su f
fer or.~erm it any_mortgage l
ien or encum
brance t
hereon to be- ;
~ i come deliaquent or go iato default. ;
~ ~ 2, The Borrowers agree that they will not. without fint pmcuring the oonsent in writing of the said Bank here- ;
~ o a after create or petmit aaq lien ot other encumbrance to exist oa theitproperty. real orpersotul. now owned or here• -
o after acquired by them including. but not limited to~ t6egroperty fiereina~ter descri6ed.
7 0~ ~ 3. The Borrowers agree that theyshall not have the privi eI
ge, na~ will they sell, uansfer, auign, hypothecate. or
in aay manner whatever, dispose of the pioperty. or any interest therein, owned by them. includiag specifically. but
~ o~ na limited to, the following real estste situate~ to-wit: (Description of Property)
Commence SE corner of West 1/2 of NE 1/4 of the SW 1/4 of Section
34 Township 35 S. Range 40 E and run thence N. 275 ft to Point of
beginning then continue N. 50 ft thence West 215 feet thence S 50 ft
~ thence E. 215 fet to the point of beginning as recorded in plat bo ok of
public records of St, Lude County
~ so long as any indebtednest or obligatioa shall remain unpaid as hereinabove referted to in Pazag~aph 1.
M ~ If the Bonowers shslldefaultinanyofthe ooveaanta. ptomises~ and agreements herein eoatained to be made~
y M done. and performed by them. or if they shall attempt to transfer. sell. hypothecate, dispoae of or encumber any of
f~+ the pcoperty of the Boreowen without ftnt proeutingthe consent in wtiting of the Bank therefor. then in either or aay
o~ of such events, the Baak may, ia additioa to any snd all aber righu wLich the Bank may have~ declare the entire
remaining unpaid p~indpal and interest of any ruch obllgations or indebtednesses then remaining unpaia to the Bank.
~~~o due and pa able forthwith and shall, as security forpa
yment thereof. have a llea on all of the property of the Bor-
~ mMers. ~ real and personal~ includitig. but na llmlted to, tbe real estate hereinabove described. which lien may
: be enforced by forecloaure in the same raanner as a mortgage may be enforced for default.
~ IN WTI'NESS WHEREOE, the undenigned hsve hereunto set their hands=and seals at Fnrt p+Prre ~
~ Couaty of St. Lucie , State of Florida, this 25 day of May ~~9 ?3
' o, z W Si ed~ sealed and de red ia e presence of:
~
y /
~ ~ ~ ~ . v ,
' ~ ~ i e (SEAL)
i - ~ ~ ' ~
! ~ o `r (SEAL)
F ~ ~ ~ ~~0 ItM~ rc~~GR arline
~t~clt cOpNTY ~~~b~ren)
~ ~ ROuEn PGIiRAS ~
~ o STATE OF FLORIDA~t, Lucie Gi.ERR C;' ~~l1f COUR~ ~CC~C~
~ pq COUNTY OF ~*'?E D ~ v~~ J
u:
~ ~ a~ M ay 30 ~ ~
; ;n ~ a BEFORE ME. a Notuy Publlc in and f~Ath~il~tatA~f+~1~iGh at~i~e, ~rsa~aZly ap~ares3 Tim E. VYebb
~ H
; ~ __and Charline Webb. his wife known co me co be chepenon(s) whose
E names(s) is/are subscribed to the within tnstrument and aclmowledged to me that he execvted the same f~ the
i purposes thereta ex~gssed. -
,
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3 W!'C#1ESS ~Iy hand•and official seal at Fort Pie rce ~ Co~iy ~ St. LUcie ~
t
s " ~ t
~ Stat~ pf.F~. tbls - day of May 19 73
t ~ c~'~~ _ ' - • ~ e IJ~LG.~ t~
? (S'Ei~L) • (Notary Pub . State,irf Fbrid at Large)
~ ~ My CommWion Expires Notary Pub~+c. St:.i~ of F^~r,da at large
3Qi:r.: .ir~ ?=Cf~~~~ r~?y c~;,-,:;:~_:, . sF„-~v: ~~S
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