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HomeMy WebLinkAbout1548 . ~ ~ 259i98 ~4gneun.en,t No~ To E~ o~, Ti~~ne~, p~op~6y That the UndeniAned. hereinafter called the "Borrowers". for and in consideratioa of the sum of TEN DOLLARS (i10.00) and ocher~ and valuable rnosiderations unto them ia hand paid. the receipt whereof is hereby acknowledged. and for e purpose of inductng First Natl Bank of FORT PIERCE~ a Flodda banking eorporatioa. hereinafte~ c~ "Bank". to gfant creditu~ cQ th ~ndgr~ ed under a missor note in the ci 1 sum of S 1• V~•~~ dated July ~ U. 1 Y~ ~~~~~I~~#~ . e un eniga ere- by Jointy and severally oovenant, promise and ag~ree as folbws~ m-wit: 1. So long as the note hereinabove refe~red to. a~ aaypo rtion thereof~ a sny extensioa or renewal thereof. and also any and allother indebtednessof the Borrowers. or e~ther of them. to said Bank, whether joint or several. here- tofoce or hereafter incutred, of any nature whauoever, shsll remain unpaid~ either before or after the maturity thereof. the said Borrowen will do t6e following things, to-wit: (a) Pay promptly when due all flre and wlnd-storm insurancepremiums. taxes, a~seumenu. dues and chargea of every kind imposed a tevied upon their real and personalproperty prior to the time when auy sach surru shall become delinquent or in default; and (b) Promptly pay when due any and aII sums due and owing on any mortgage or other encumbrance on the prop- ertyherelnsfter described and will never suffer or permit any moctgage liea or encumbrance thereon to be- come de2[nqueut or go into defaulc, 2, The Borrowen agree that they will not, without fint procuring the consent in writing of the said Bank here- after create or permit any lien a other encumbrance to exist on their perty~ real orpe nonal. rww owned or here- after acquired by them iQCluding, but not llmited to, theproperty eretnafter described~ 3, Theeorrowetsagreethatthey shallnot have the privilege. aor will they sell, transfer. assign, hypothecate~ or in any manner whatever. dispose of t6e property. or any interest t6erein. owned by them. including specifically. but na ltmited to. che following resl estate situate, to-wit: (Descr[pcion of Property) f1Lf0 AM: 4ECORDEO ST.lUC1E COUNTY FLA. FORT PIERCE HEIGHTS, Block 1Q. Lots 5 and 6, St. Lucie RaGcY ?0!TRAS ~ County, Florida pF~~~ a yE ~~,E~ COURT ~ 259198 ~ g s4 AM'~3 M so long as any indebtedness or obligation shall remain unpaid as heteinabove referced to in Pazag~aph 1. 4. If the Borrowers shalldefaultinanyofthe oovenanu. promises. and agreemenu herein coatained~to be made~ ~ d~e, and perfotmed by them. or if they shall attempt to uansfer~ sell. hypothecate. dispcue of or encumber any of the propertyof the Sotrowen withont first procuring the consent in writing of the Bank therefor. then in either or any of such eveau. the Bank may~ in addition to any and all other rights which the Bank may have~ declare che entire r x~ remaining unpaid principal and interest of any sucb obligations or indebtednesses then remaining unpaid to the Bank. due and papable forthwith and shall. as security forpa yment thereof, have a lien on all of the property of the Bor- rowers. both real and penonal~ includit~g, but not limited to~ the real estate hereinabove described. which lien may ` ~ be enforeed by foceclosure in the same manner as a moctgage may be enforcea for default, ! IN WTfNESS WHEREOF. the undersigned have hereunto set their hands and seals at Fort Fierce ! ^y ~ ~ • ~ ; County of St. Lucie ~ State of Florida, this 1 ~ day of July ~ ly 73 e ~ c~ ~ t ~ z o Sign sealed and de ered in the presence of: ~J ~ ! ~ w ` ' (SEAL) ' o j ( ~ ~ Geor e . B1 ck ~ ~ ~ ~ ~,,,,%r C~C IC L` , ,-t.l f -t-~ ~ g EAL) y 3 0 ~ Ma ry . ~ES~en) ~ g~ - ` j ~ STATE OF FLORIDA ~ ~ ; ~ r 0 COUNTY OF S* . I-~~'' P i ~ " o ~ ; s ~ a ~ ~ 1~ BEFORE ME~ a Notary Public in snd fa the State of Florida at Large, personally appeared Geo rQe A. Q~~~ ~ ~ Z~~ : B la=k an d Mary P. B lac k. his wi fe known to me to be thepe non(s) whos~ ~ names(s) is/are subscribed to the within instrument and acknowled ged to me that he executed che ssme for th e~„ _ F', Y purpose;.th~ ~in ex reued, ~~p s - J r `>r . ~ ~ ~ A 3[ ~,lrr~~~ ~ ~ ~ ~ : ~VIT2i~SS~y•tiarid and official seal ac Fort Fierce ~ Councy of St. Lucie ~ g o ~ S~ate t`F ' d^~;t~ 10 ~a of July - - ~ $ g_ ~ ~ _ y , i9 Z~._ ~ ` ~ ~ ~ - ;`1,, • ° A ,i - ~ ~ r ~ ~ ~-~---f `~-~3 ~ ; ' - ,~SSEAI,)~ ~ " ~ "~-Z~ ' ~v~~ (Hotat Public~ State of Florida ~t l~~e) - ` i~~' ~ Nbta~Y Public. State oi Florida a'976 _ ~ My Commtssion Expires t. 5, ~ . My om _ _ _ - . . . . _ ~ .:f