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HomeMy WebLinkAbout2962 25~1S~ ~lgnee~n.erct Not To en on T~u~e pn~o ~ ~ That the UndersiRned. hcreinafter called the "Boaowets". for and in consideratlonof the sum of T6N DOLLARS (=10.00) and other~ and valuable considerations unto them in hand id. the receipt whereof is hereby acknowledged~ and for e purpose of inducing First National Bank ~ORT PIERCE~ a Florida banking oorporatfoa. 6erein~ei ~a~led Ihe "Bank". to gFant credtt r~$ t~e3~de~~ under a romissory note in the nci 1 sum of S- U 14 t3U dated Y ~ ui r ~ , the undersigded hete- ~ by foiaty and severally oovenant. promise and agree as folbws. to-wit: ~ 1. So long as the note hereinabove referred to. or anypo rtion thereof. a any extension or renewal thereof~ and • alsoanyandallother indebtednessofthe Borrowers. or efther of them. to said Hank. whethet joiat or sevetal, hete- ~ Z~ ~ tofore ot hereafter inc~uted~ of any nature whatscever. ahall remain unpaid~ eithet before or after the maturity ~ o~ thereof. the said Borrowen will do the folbwing things. to-wit: a z ~ ~ (a) Pay promptly ahen due all ftre and win~storm insuranee premiums~ taxes. auessmenu. dues and eharge~ of z i a~ every kind impoaed or levied upon their real and penonal property prior to the time when any such sums shall - - n~'= ~ beoome delinquent a in defau l t; and ~ g.r (b) Promptlypa ywhendue anyand all sums due and oaing on any mortgage or other encumbrance on the prop- Y~ 2~,~ ~ e rt y 6 e r e i n a f c e r d e scr i be d s a d w i ll ne ver su f fer or perm it any mortgage l ien or encum brance t hereon to be- ~ 2 ~ come delinquent a go into defauit. ~ ti-?~?- 2. T6e Borrowen agree that they will not. without first procurfng the cansent in writing of the said Bank here- ~ i~ ~ ~ aher create or permit any lien or other encumbrance to e~cist on theirpro p erty~ real orpe nonal~ now owned or here- o aker acquired by them including; but not limited to. theproperty F i e reina fter descri b ed. " 3, The Borrowers agtee thattheys6altnot have the privi er ge~ not will they sell, transfer~ assign. hypothecate. or ~ Z~ ~ in any manner whatever, dispose of the property~ or any interest therein. owned by them. inciuaing specificaiiy~ but 4J na umited to. the following real estate situate~ to-wit: (Desertpnon of Property) w > > cr Q G. o Block 8, Lots 21 ar_d 22, DREAMLAND PARK, St. Lucie ~ Coun~y, Florida . _ M ' M so long as any indebtedness or obligation shall remain unpaid as hereinabove referred to in ParagFaph 1. - 4. If the Borrowen shalldefaultfnanyofthe oovenanu~ promises. and agreements herein contained to be made~ ~ done. and pedormed by them, or if they shall attempt to uansfer. sell. hypothecate~ dispose of or encumber any of ~ the property of the Borrowers wittwut flnt procuring the consent in writin of the Bank therefor~ then in either or any of such evenu. the Bank may, In addition to any and all other righu w~ich the Bank may have, declare the entire p remalning unpaid prineipal and interest of any such obllgations or indebtednesses then remaining unpaid to the Bank. due and payable fotthwith and shall, as securlty for payment theteof, have a Iten on all of the property of the Bor- y%,,,~ rowen, both teal and personal~ including. but not limited to. the real estate hereinabove described, which lien may ~~ro ~ be enforced by foreclosute in the same manner as a mortgage may be enforced ~or default, ' c~ I, v~~ IN WITNESS WHEREOF~ the undersigned have hereuato set thetr hands and seals at Fort PierCe ~ ST, Lu~ie 30 Ma ?3 T` b p,~ County of , State of Florida. this day of Y . 19 U'( ! : Si d, sealed and elivered in the presence of: V' ~ o • N ~ ~ ~~f~l~ E~ X ' n . cano (SEAL) ~ ~ ~ ~ ~ ~..r Q` ~ (SEA~ orn- -~ii~ ~ ~ ~ k r% (Borrowers) p-~ -rn~~~~++ ~ ~ ~ ~ x O O ~ r c. ~ STATE OF FLORIDA j; mz ~ ~ COUNTYOF •ST. LUCIE ~ o,,, f J O o C.., ~ ~~~d i(1, BEFORE hiE~ a l~otary Public in and for che State of Florida at Large. personally appeared ~ C~,~ ~ ~ ,-••n John A, Ficano, a single adult " known co me to be thepe rson(s) wh~, names(s) is/are subscribed to the xithin instrument and acknowledged to me that he executed the same for tFie purposes thereln expreued, f . . : _ : ~i W~TNESS rny hand and official aeal ac Fnrt P;Pr~P ~ Councy of St, Lucie _ . ~ Scatc of.Ftor[da, tLt: 30 ~+sy of May , 19 ?3 . _ f~~ ~ c~ ~ ; „ ~ ; ~ (A:otary Pub . State Fforid st Large) (SEAL) ~ . . ~ ~ J~ No1arY P-~~,•, Stat~ c1 F~,ida30 iq 6 t~ly Commlulon E:xpir~s ~ ,Tr.;_,~~. ~..eu~. - MY C~'rr~~ • ~ , _ 3 , _ p.~ . ~~~~'s" : ~ < ~ _ ~