HomeMy WebLinkAbout0135 . a ~ z5sz~o
; ~nen~ Not To ~iu~ur~f~ en T p~o
~19 ~ouu~
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~ ~~~^J That the Undeni~ned. hereinafter called the "Borrowen". for and in
considerationof the aum of TEN DOLLARS (=10.00) and other~ and valuabie consideratioas unto chem In hand
id. the receipt wheteof is hereby acknowledged. and for e purpose of inducing First NationaL Bank
~ ~ORT PIERCE a Flodda banking oorporation heteWaker lle ~e "Bank" to g~ant credit unto the gr~ ed ~
" i under a promiiso aote in the rlncipal sum of E 2, 1~~- ~ dated Ttute y~ ~
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y~ ~ the un enign ere- ,
- s~e~i~fr en nt. m e g~ee as o ws. o-~
' 1. So ng as the note hereinabove refetred to, ot any portioa theceof. a any extension or renewal thereof~ and
_ t also any and allothet indebtedneuof the Borrowen. or elther of them. to said Bank, whether Joint or sevetal~ here- '
~ tofae c~r hereafter incurred~ of any nature whatscever~ shall remain unpatd. either before or after the maturi i
~ thereof. the said 8orrowen wlll do the folbwi~g thin , to-wit: ~
1. (a) Pay promptly when due all fire and windstorm~ituurancepremiums. taxes~ aaeuments, dues and charges o~ ;
every kind lmposed or levied upon theit real and personal pcoperty prfor to tbe tIine when any such sums shall
beoome delinquent or in default; and
N (b) Promptly pay when due any and all sums due and oaing on any mortgage or other encumbrance on t6e prop-
ertyhereiaafter described and wtll never suffer or permit any mottgage lten or encumbrance thereon to be-
come delinquent or go into default,
2. The Borrowen agree that they will not. without firat procuring the consent in writing of the said Bank here• ~
~ o aker create or permit any lien a othet encumbrance to exist on theirptoperty. real orpe nonal, now owned or here-
c; ~ after acquired by ihem including, but not limited to. theproperty 6ereinafter described.
~ d~ 3. TheBoceowenagreethattheyshallnot have the privilege. nor will they sell. transfer~ assign. hypothecaie~ or
M in any maaner whatever~ dfspose of the property~ or any interest therein. owned by them. including specifically~ but
na Hmited to,.the following real estate situate, to-wit: (Description of Pcoperty) '
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~ Lot 9, Bloci~ 4, INDIAN HILLS ESTATES, as recorded in P1aE Book
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°,0 10, page 32 of the Public Records of St. Lucie County, Florida
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so long as any indebtedness or obligation shall remain unpaid as hereinabove referted to in Pazagcaph 1.
4, If the Borrowets shaIIdefaultfnanyofthe covenants. promises. and agreemenu herein contained to be made.
a, done. and performed by them, or ff they shall attempt to uansfer. sell, hypothecate, ditpose of or encumber any of
thepropertyoftheBotrowenwithoutfintprocuringthe consent in writin of the Bank therefor. then in either or any
D of ruch evenu. the Bank may. in addition to any and aII other dghu w~ich t6e Ban[c may have~ declare the entire
r Z remaining unpaid pzincipal and interestof anysuch obligatioos or indebtednesses then remaining unpaid m the Bank;
d~n due and payable forthwith and shall, as security for payment thereof. 6ave a llen on all of the property of the eor-
o rowen. both real and personal~ including. but not limited to. the real estate hereinabove described. which lien may
~ be enforced by foreclosure tn the same manner as a mortgage may be enforced for default,
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IN WTTNESS WHEREOF. the undenigned have hereunto set their handa and seals at Fort Fierc~ ~
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~ ~ o County of St. Lucie , state of Fiorida. this 1 day of June 19 73
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~ ~ Si . sealed and d vered fn the presence of:
_ O I ~l~il~t_. t„t4~'
s ~ (SEAL)
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L 4`t': RE (SEAL)
~i . ST.IUCii: ~~~'JNtY FU. ~gorrowers)
R~G:R f'O TRAS ~ ~ ~
STATE OF FLORIDA CLERK C1~•_i:il:j CdURt ~
COUNTY OF ST, LUCIE RFC?R~ Y~ `~„r?S~~QO 8
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BEFORE I~iE~ a Notary Publlc in and for the'S~ate of Florida at Large, personally appeare~ o-
Ila Mae LeCato, a single Adult
known to me to be thepe rson(s) whose Q~ :
names(s) Is/are'subscribed to the within insuument and acknowledged to me that he executed the same for the C° a~°3r ;
purpc~ee ~~ein expreued, ~d-'` ~ ~
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:'~{ii'~NE$S myband and officiai seal at- Eprt ~'ierce , Councy of _ St. Lucie ~
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i., Stit~ df E~dda, this 1 day of_ .TLne , 19 _ ~ ~ ES
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` (~EAL) ~~R~ 21~ Ya~t 135 ~hocary Public ac Fbri a at Large)
ta^tar~ f ' ~a•a,~
~ My Commisston Expires , ~
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