HomeMy WebLinkAbout2193 259649 ~ ~
~Ig Not To on T p~o
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That the Und$niRned. hxreinafter called the "Borrowen". for and in
consideration of the sum of TEN DOLLARS (=10~00) and other good and valuable c:onsideratio~- them1a h
psid. th~ receipt whereof is hereby ackaowledged. and fa tfie purpose of inducingFirst N3tional Ban~Of
EORT PIERCE, a Florida banking earporatioa. here~nafter ca lled che "Bank"~ co grant cseai~ [c cae ~u
under a promissory note in the ci 1 sum of =..,f.141_ QO dated ~ul 2~
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the undeni~ned here-
by Joincy and severaIIy oovenaat. promise and agFee as folbws. to-wit:
1. So long as the note hereireabove refeaed to. or anypo
rtion thereof, or any exteasion or renewal thereof~ and
also any aad allother indebtedneuof the Borrowen. or either of them. to said Bank, whether ~oint or several. here-
tofore or. hereafter incurced. of any nature whauoever. shall remain unpaid~ either before or after the maturity
thereof. the said 8orroaen will do the folbwing things, to-wit:
(a) Pay promptly when due all fire and windstorm inswance premiums. taxes~ aaessmenu, dues and charges of
every Idnd imposed or levied upon their real and personalpropercy prior to the time when any such sums shall
beoome deliaquent or in default; and
(b) Promptly pay when due any and aII sums due and owing on any mortgage or other encumbrance on t6e prop-
erty hereinafter desctlbed a~ wtll never suffer or permit any mortgage Iten or eacumbrance thereon to be-
eome delinquent ot go into default.
2, The Borrowen agtee that they will not. without first procuring the consent in writing of the said Batilc here-
after create or permit any lien a other eacumbrance to exist ~ theirproperty. real orpe
nonal, now owned or 6ere-
after acquired by them including, but not limited to. the property 6eteinafter desaibed. ~ Q~
3, The Borrowers agree thst theyshall not have the privilege. nor will they sell~ uansfer~ assign. hypot6ecate. or ~ ~
in any manner whatever. dispose ofthe propetty~ or any interest therein, owned by them~ including specifically, but ~
na limited to~ the following real estate situate. to-wit: (Description of Property) ~ ~
~ ~ ~
PINEWOOD SUBDIYISION, Blo~k 22, Lot Z5, E, N 40 feet ~
of lot 16 ~ ~ •
~
~ ~
y ~ V
~a
~a~~
so long as any indebtednesi or obligation shall remain unpaid as hereinabove referted to in Pazagraph 1, r- ,r,'' ~
4, If the Borrowen shalldefault[nanyofthe oovenanu. promises, and agreements herein eontained to be made~ c~i
done~ and performed by them. or if they steall attempi m vansfer. sell~ hypothecate~ dispose of or encumber any of :
the property of the Borrowers without fint procuring the consent in writin of the Bank therefor, then in either or any $
~ ~ of such events, the Bank may. in addition to any snd all other rights w~ich the Bank may have. deeiate the ent~re ~
c~ ~ remaining unpaid pr[ncipal and interest of any such obligations or indebtednesses then remaining unpaid m the Bank,~
~ t~ due and pa able fo~thwith and shall. as security forpa
yment thereof. have a llen on a11 of the property of the Bor-
y, r, o rowen. bot~ real and persanal, includidg. but not limited to. the real estate hereinabove described. which lien may
; ' be enforced by foreclosure in the same manner as a mongage may be enforced for default,
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~ ~ J IN WITNESS WHEREOF. the unde ni g
ned ha ve bereun t o se t t
h e fr h a n d s a n
d s e a l s a
t Fort Pierce ~
~ ~ z ~ County of St. Lucie , State of Florida. this 20 day of T~~,`_ . 19 .,Z3-
E °7 ~ Signe tealed add de ered in the ~sresence of:..
~~a -
j r [y y
` ~ ' AL)
' O ~
` 3~ W ' FILED ~MD ~~CO ~ U. B e hZrn
; ; ~l ~`~l UNI F . . (SFAL)
` ROCE~ i~0lTR . i en n
! CLERK C•" CUIT COURT rrowen~
~ - U O~ PFf.O~~ 'i:~. ~:E7~..r~`~
f COUNTY OF ~RIDA St L 32 259649
f ~ ~
` i. O BEFORE ME~ a Notary Publie in and fa the State of Florida ac Large, personally appeared John U. .
„
~ a =$i&denhard and Jane A. Biedenharn, his wife k~~ to me to be thepe rson(s) whose
~i e~(s~ is/are subscribed to the within imuument and acknowledged to me that he executed the same for the
put[~OSas therein expressed.
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£ ~~.••1417NF.S9~r~}?.bsnd:and.official seal st Fort Pierce ~ Councy of ~t_ Lucie ~
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f j r~~~Y~f,~iQ ~t ':°r~da o 19 l.`~ ~ . ~
: ' " ~ oc ' . ` _ _ C C l . ~~il~
S ~ ' ~ ~ ' ~ / ~ f '
~'~'a •~d;~. p ~ ~ ~ ~
' r: Q( ~~,,~v (Notary Public Scace of Florida ac Large)
n•' S~~ ~ U~K ~A~~ Notary Public. State oi Ftorida at Large
••••~~~y~~•{•E,,~~c My Commtssion Exptres -~~Eernr~suor~FY.n~?ec SCAt. 5, 1976
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