HomeMy WebLinkAbout0712 2E~~923 k ~
nee~n~~ Not To E~ on T~a~ne p~o
~9 b~ p~
That the U~dersiRned. hereinaftet called the "Borrower:". for and in
considetation of the sum of TEN DOLLARS (=10~00) and other~ and valuable consideratio[u unto them !n hand
pa1d~ the teceipt whereof 1s hereby ackno~rledged, and fa e purpo:e of inductng First National Bank
FORT PIERCE~ a Flortda banking oorporaNon. herelnaf~er ~l~d~ "Hank", to grant credi untq the pnder ~
under s pcomissory note in the principsl sum of i ? dated ~eptember 19?3
or to purchase from - none herein referred to as "Dealer". the promLsory nae of the
undersigned fot the sum of i . dated ~ and psyable to Dealer, the undenigned here-
by ~ointly and severaIIy eoveaant. Qromise and ag,~ee as folbwt~ to-wlt: .
1, So bng u the nate hereiaabave referred to. a aaypo
rtion thereof. ac any extension or renewal thereof, and
also any and allother indebtednessof the 8orrowen. ot etther of them, to :aid Bank. whether ~oiat or several. here-
tofoce a hereafter tacucred~ of an}~ aature whaucevei, stull remain unpaid. either before or after the maturtty
chereof, t6e saW Borrowers erill do the folbwing things. to•wit:
(a) Pay promptly when due aII fire and windstorm insurancepremtums. taxes. a~se{smena, dues and charge~ of
every kind impoaed or levied upon their real and penonslproperry prior to the time when any such sums shall '
beoome delinquent a in defauk, and ;
(b) Prompcly pay when due any and all sums d~e~ and owing on any riiortgage ar other encumbrance oa che prop- -
ertyhereiaaftet described and wl11 never suffer or permit any mortgage lien or encumbrance thereon to be- ~
come delinqueat orgo into default. r
2. The Borrowen agree ihat they will not, without ftnt procuring the oonsent in wrlting of the said eank here-
after create ar permit any llen or other encumbrance to exist on thetr~property. real orpe noaal. now oaned or here- ~
aher acquired by them inclading, but twt llmlted to. thep~operty fiereinafter des~ibed.
9. TheBocrowenagreethattheyshailaot have the prlvilege. nor will they sell. transfer. asstgn. hypothecate~ or
in aay manner whstever. dispose of the property, or any interest therein. ovmed by them. Ineluding specifically. but
not llmited to, the following real estace situate~ to•wit: (Description of Property)
Lot 5, block 4, REPLAT OF PALM GARDENS, according to the plat thereof
on file in plat book 12, page 42~ public records of St. Lucie County, Florida
SAID PROPERTY FORMERLY DESCRIBED AS:
Lot 8 and th e Esst 30 feet of Lot 9(Less the NorEh 5feet of Lots 8 and 9), all
Block 4 of CO PA RK a er 1 thg eof on fil~ in Plat book 5, page
~ blic recor ~s~~t. L~c~ ~o~int~ ~`l~ri~a -
w~o as any indebtedness or o gation s a rema n u I as ere sbove referred to in Parag~aph 1, ;
4~ the Botrowers shalldefault in anyof the oovenants. promises, and agreements herein contained to be made,
done~ and performed by them. or if they shall attempt to transfer. sell. hypothecate. dispose of or encumber any of
the property of the Boirowen without flnt procuring the consent in vrritin of the Bank theref~. then in either or any
of such evena~ the Bank may. in addidon to any and all other rlghu w~ich the 8ank may have~ deelare the entire
remaining unpaid principal and interest of any such obligadons ar indebtedneues then remainiug unpaid oo the Bank.
due and pa able fathwith and shall~ as seciuity forpa
yment thereof. have s llea on all of the property of the 8or-
rowen. bot~ reaI a[xi penonal. including. but aot llmited to, the real estate hereinabove described~ which lien may
be enfotced by foreclosure in the same manner as a mortgage may be enforced for default.
W WITNESS WHEREOF. the undenigned have hereurtto set their hands and seals at Fort Fierce '
County of St. Lucie , State of Florida~ this 28 day of September ~ 1e 73 • t
Signed. sealed and ~elivered in the presence of: x
_ . . ~ ~ :
~ ~ t~.~a-.-ba-A~L. (sE~?~)
(SEAL)
an a • rrnro°wers) _ _
STATE OF FLORIDA St_ T
ucie
COUNTY OF
BEFORE ME~ a Nocary Pabllc in and for the State of Florids at Large. personally appeared Ted H.
A rnold and Wanda L. A rnold, his wife
known to me co be thepe rson(s) ahose
names(s) is/are subscribed to the within instrument and scknowledged to me that he executed the same for the
purposes thereln expressed.
WJ?'~tESS mq hand and official seal ac Fort Pierce ~ Co~~y ~ St. Lucie ~ -
. y=~ `'•'t~d _
. ' ''~"'''•J'~ ' 28 Se tember ?3 •
__~t~te of ~lar'ida~.,this day of p X9
~Ta,,._ - ~ 1
` ~
~ . _ ~ L.
" ,l ~ ~EAL) (Notary Pubiic~ at ~Flortda. c I.arge) .
~ ' My Commission Expires
_ oa ~ :
My Commission ~Expires Aug. 30, 1976 ~
t ~ ;
,
R~~ 0. b ~ ~N ~orMENi ~
This instre~ment wu prepued by: Irene Sewell p~ pN CU1SS'C M f
~t-i3~. ~crs of ivn. `
First National Bank of Fort Pierce jp d~~ c`~f~
Address: p, O. Box 970, Fort Pierce, Florida 33450 ~~T ptt~ ~
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