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288355
GUARANTY
WHEREAS, MARY CATHERINB JONES, hereinafter called the "Borrower",
...,..~..eae ~i+-~, n.,.~ r~ A~1rA~Tl a loan for the vurchase of
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a condominium apartment unit, located and being in St. Lucie County, Florida,
from the BANK OF TAMARAC, a Florida banking corporation, hereinafter called
the"Mortgagee"; and
WHEREAS, the Mortgagee is unwilling to extend said credit or to
enter into a loan agreement and/or mortgage unless it receives a guaranty
of the undersigned partq covering the liabilities of the BorroWer to the
Mortgagee as hereinaiter deiined.
NOW, THEREFORE, in consideration of the premises and the sum of TEN
DOLLARS ($10.00) and other good and valuable consideration, the receipt and
sufficiency of vhich is hereby acknowledged, and in order to induce the _
Mortgagee to enter into the mortgage loan and other documents for the purchase
of the condominium apartment unit located in St. Lucie County, Florida, which
unit is more particularly described as:
Unit B-10 of LA ENTRADA DEL MAR, a Condominium, according
to the Declaration of Condominium thereof, dated December
30, 1972, and filed for record on November 6, 1973, in 0.
i R. Book 220, Page 1747, and re-recorded November 9, 1973, in
~ O. R. Book 220, Page 2192, of the Public Records of St. Lucie
! County, Florida,
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~ and, specifically without limitat~on thereto as an inducement to the M,ortgagee
to enter into a Promissory Note and l~ortgage for the purchase of said condo-
~ minium apartment unit, the undersigned does hereby agree as follows:
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1. The word "indebtedness" is used herein in its most comprehensive sense,
and includes any and all advances (including those made by Mortgagee
to protect, enlarge or preserve the prfority, propriety, or amount of
its lien[s] against Mechanic's Lien, equitable Lien, or Statutory claim-
ants, or otherwise), debts, obligations and liabilities of Borrowers, or
any one or more of them, heretofore, now or hereafter made, incurred or
created, whether voluntary or involuntary and hoWever arising, whether
due or not, absolute or contingent, liquidated or non-liquidated, deter-
~ mined or undetermined, and whether Borrower may be liable individually
~ or jointly with others, or whether recovery upon such indebtedness may
` be or hereafter become barred by any statute of limitations or whether
such indebtedness may be or hereafter become otherwise unenforceable.
~ This is a continuing guaranty relating to said indebtedness, including
that arising under subsequent or successive transactions which shal
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This instrument prepared
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by: John Hume
Law offices
Graham,Aodge ~ Swan P.A.
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~ 308 E. Co~ercial Blvd. ~001( ~~eJV PAG[ 115~
d~:~ Fort Lauderdale, Florida 33308
Uw OiFICES GRAN~M, HODGE i SYWM, iROrESS10N41 1SSOCI~TIOM, 3081 E~ST COMMENCI~L ELYD_ FORT IIUDERO~LE, FLOR{0~ 33308
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