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HomeMy WebLinkAbout2475 ~ 2'72591 ~ ~ neunent No~ To En~~~, o~ Tnau~e~i, p~ope~by ~9 M~o~ That the UndersiRned. hzreinafczr c~114d thc "Borrowers"~ fot and in consideration'of the sum of TEN DOLLARS (=10.00) and othet good and valuabl~: consideracions unto them in hand paid, the receipt whareof is hereby acknowledged, and for tFie purpose of inducing First National Bank FORT PIERCE~ a Florida banking corporation. herei~R~~c~l~$the "Bank". to grant credic~unco che yndelsi~~4 undnr a promissory note ln the princi 1 sum of $ • dated anua r ~ U or topurchsse from ~one herein referred to as "Dealer". the promissoty note of the undecsigned for the sum of i . dated , and payable to Dealer. the undersigned here- by )ointly and severally oovenant. promise a~ad agree as follows, to-wit: 1. So long as the note hereinabove referred to~ or a~ypo rtion thereof, ar any extenslon or renewal thereof~ and also any and allother indebtednessof the Borrawen. or elther of them~ to said Bank~ whether Joint or several, here- tofore or hereafter incuaed. of an ~ nature whaucever. shall remain unpaid~ either before or after che maturlty thereof. the said Borrower3 will do t~e folbwing things, to-wit: (a) Pay promptly when due all fire and wind~torm insurance premtums~ taxes. acsessmenu. dues and ~harges of every kind imposed or levled upon theit real and personal property prior to the time when any such sums shall become delinquent a in default; and (b) Romptly pay when due any and all sums dee and owing on any mortgage or other encumbrance on the prop- ertyhereinafter desctibed and avill never suffer or permit any mortgage lien or encumbrance thereon to be- come delinquent or go Into default. 2, The eorrowen agtee that they will not. without first procuring the consent in wrtting of the said Bank here- after create or permic any lien or other encumbrance to exlst on che~rproperty. real orpe nonal~ now ownzd or here- after acquired by them including. but not limited to~ the propeRy fieteinafter described. 3. The Borrowcrs agree that they shall not have the privilege, nor w ill they sell, transfer. assign, hypothecate. or in any manner whatever. dispose of the property, or any interest therein. owned by them, including speclhcally, but not limited to. the following real estate sicuate, to-wit: (Description of Roperty) Lot s 16, 1? block 48, BILTMORE PARK, St. Lucie County, Florida so long as any indebtedness or obligation shall remain unpaid as hereinabove referred to !n Paragraph l. 4, If the BorroMers shalldefaultinanyofthe covenants. promises. and agreemenu herein contained to be made. done. and performed by them. or if they shall attempt to uansfer. sell. hypochecate~ dispose of or encumber any of the property of the Borrowers without first pcocuring the consent in vrritin of the Bank therefor. then in either or any of such events. the Bank may, in addition to any and all other righu w~ich the Bank may have, declare the entire remainingunpaidprincipalandinterestofanysuchobligations or indebtednesses then remaining unpaid m the Bank. due and payable forthwich and shall. as security for payment thereof. have a lien on all of the properry of the Bor- mwers. both teal and personal. including~ but not limited to~ the real estate hereinabove described. which lien may be enforced by foreclosure in the same manner as a mortgage may be enforced for default, IN WITIvESS WHEREOF. the undersigned have hereunto set their hands and seals at FoTt Pierce ~ counry of St. Lucie ~ State of Florida~ chis 10 day of January ~ 19 ?4 ~ Signed. sealed and de vered in e presence of: - ~ ^ . 1 f / > : ~ ~ (SEAL) ~ , Robert Lyons € ~ ~~.-G4.C/ . ~ ~-c~ (SEAL) i ~ % a rY L ~&~e ~ i~~' _ ~ STATE OF FLORID ` COUNTY OF ~t. Lucie "s @ ~ ~ BEFORE ME~ a I~otary Public in and fa the State of Elorida at [.arge. personally appeared ~ Robert Lyons and Mary L. Lyons, his wife t-• known to me to be thepe rson(s)' ~trhose # names(s) Is/are subscribed to che within instrument and acknowledged to me that he executed the same for the ; parposes therein expressed. ~ ~ ~vITNES> my hand and official seal at Fort Pierce ~ County of St. Lucie ~ ~ ~ . • ~ sca~e o~-'Florid'a.,; th~s 1~ day of Janua ry 19 74 ~ ~ ~ ~ - ,<,t%~ i •Y - ~ ,j ~ - % , ~ - (S~~t)' (:~otary Publi ,~Sta~ ~lorida targe) . Notary Pubiic. Sfjt{e o1 Florida at targe v = _ - - =~X ~ . , , ~ , My Commission Expires ~"~y~nn:+:s~o~i ~~a~~rES l.b~~g~- ~a • . ~ . . . . - _ . _ ~ . . ~ : U ~ - 1!1 PA~1E1fT OF TAI~ This instrument was re azed b Irene Sewell DUE ON Cl~S3'~' ~NTAMGIBLE PEf;~iAl P20PER?Y~ - P P Y~ 10 ~y?P'TER 71•13~. ACTS OF 19I1. yy,~~ First National Bank of Fort Fierce pp~j~ Y''' Address: ~T. CiCIE 00~ illl / P. O. Box 970 lxEEwc ctrxuR oou~T. - Fort Pierce~ Florida 3345~ ~ = fILED AN'' "~G~RDEO ST. IUCIE G•)UtijY fLA. ROCE~. . }t"F^AS ~I CLEr~R cl .:J~~ ..OURT ~ ~ P~C"~^ ~ ~ ~ :D..~.,..._- - ~ Jrur i5 I`l 32PM'7~1 gG;ir ?~,tt,i ~4~~ 2'72591 ~ . s -