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HomeMy WebLinkAbout1725 ~ G ;~~F~,~~, 2~f;s2'~ s~E~r~ ::u~T ~oU . aE~'~cA'~ v~. .i. G II ' T TO ENCUMBER OA TRANSFER ~ AGREEMEN T lr0 PROPERTY SUN BANK OF As au? iaducement to~•ST.Luc ~ E County ~~k~gatunderra Prozriiesory note f=er called "Bank"), to grant c~redit to the underaig _ or to urchase the suxn of $ 3366~00 _ dated July S, 1974 _ P ; from N/A (here~nafter called "Dealer"), ; , dated : promissory note of the undereigned for the sum of ~ N/A ~ N/p and payable to Dealer, and in copsideration thereof, the ; dintl and severally agroe that until = undersigned (hereinafter called Borrowess", j Y said note and any extension or renewal tYlereof and also any and all other iadebtednesa of the Borrowera, or either of theo t re ard t thetnate~r ther °f,~^ eral, heretofore or hereafter incurred and with g ahali have beea paid in fnll or uatil 21 yeara following the death of the laet survivor of the undersigned, whichever Bh of ever r kindt~ itmposed or le~?iedll ~p~y all taxes, aseeasments, duea and charges Y rior to - which may ~e imposed or levied u~on their real and personal property p the time when any af such taxes. assessmc~nts, dues or charges ehall become delinquent, and (bj Borrowers will not, without the consent in writing of Sank first had and obtaiaed, .(1) Create or permit aay lien or othea e eu f lo~s ~d (other thaa presently existing lieas and liens aecuring the p ym advancea made to them by Bank) to exist on their property, reai or personal, now owned or hereafter acquired, or (2) transfer, sell, hypothecate, assign or in any manner whatever dispose of the said propert~yW,~or described real proper ycluding specificaliy, but without limitation, the foll g ~tate of Florida: ~ situated in the County of St. Lucie • z~ ~ (Description of Property) o s, Lot 19 aad the $ s s t 2 5 F e e t o f L o t 2 1, O eean Bl~d. Park as per plat _ Q j; on lile in Plat BoQY 7s p~ 18 of the Publie Becorda oi St.I.ncie : v; ~ ~ • , Connty, Florids. ~ = ~ It'~is further agreed and understood that if defauit be made in the performanceE~, ~ r, ~ of any of the terms hereof, or of any instrument executed by Borrowers in conn- N o~~; N , „ v 7 4 ection herewith, or in the payrneat of any indebtes election~bin addition o~all othe~~ _ N ~ now or hereafter owing to Bank. Bank :na?Y. at it • ~ declare the entire remaining un- N ; remedies and rights which it may have by law. paid principal and interest of any such obligations or indebtedness then remaining ~ ' unpaid to the Bank due and payable forthwith- Borrower hereby assigns to Ba~ ~O~L of suchereal propertye reserving ua or as reatal or otherwise for or on ac m Borrower the right to collect and retain abed abo eoneys prior to Borrower's ~ default under the terms of the loan descri ~ It is further agreed and under~tood that Bank may, in its discretion, and is here- by authorized and permitted by Borrowers to cause this instrument to be record- in its discretio elect. ed a s h time a d i~ suc places as Ban~s~~a c, . ( / ~ ~ ~-rt _c- ( ~ ,t ~ t ti ~ ~ 1 s ~ tA 88 ~ Dated at: ~ t e - STATE OF FLORIDA ` ` f ~ ! ~ County of St. Lu e , ~ a Notary Public ~a;ti,, „ ~ ~ before me ~ ~ ` County and State, personally appeared A~t • ~ known to me to be the person(~ whose ment and acknow ledged to me t~1 _ su ba c r i b e d t o t h e w i t h i n i n s t r u . - , __f . w~_ _ exec~:ted the same. ,n - - - . ~ - /!r~ ~ r ~ L ~ ~4 ~I .J 4 ~ ~ ~ ~ ~~~~~~y. ~+and and official seal. + • . ~ ~ F ~ ~ ' r ~ i f LO~~ ,ar no.m~ ~T u~ar Seal ~ ~ ' ' ~r eo~ s~f~TN ~~Q~s i?r+e. 77 ( 1 YONDE~THRU GENERAL INSURANCE UNDER~idRl Notary Public 60RK 22t7 PA~~~~~5 ~ - - _ rY j . ' _ . _ ~ ~'u~`i..T . s+. y _ ~I ~ ~~.i ~ ~~3 ~ - . . ' ~r . _ - _