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~(Q,~Id T~ T6st the UndeniRned, hereinafter called the "Barowen'. fa and in •
coasideratioaof tha sum of TEN DOLI.ARS (f10.00) aad oc6er~ s~d valuable consideratioiu unto them ia hsad
patd, the receipt Nhereof 4 hueby acWw~ledged, and fa e'urpose of taducing First Nat onal Bank
FORT PIERCE~ a Fbrida bsnking aaporstioa, heretnaRer cal~d the "Bank". to gtant credtt unto t~unde~~gaed 9~~
i 2q q- dued Novem~er ~v, 1
uuder a pcomissory cwte in the cipal ium of i 1.. . ~
or to purduse from . NnN~ hereia refeired to u"Dealer", the promi~ory naa of the
undersigned for tbe sum of = ; dat~a snd p+ysble to Desler, tha undentgned hece- ;
by ~oint7y aad ~verally oovenaat. Pcomise aad sgree as tolbws. w-wit: .
1. So long u the note hereinabove refeered to, a aay patioa theceof. ac any exteasio~ or reneMal theceof. and
also aay and sll othu indebtedneuof t6e Horrowen. or either of them, to ssld Baak~ ahether Joint or :eversl. here-
_tofae a hereaker lacurred. of say nature ~rhauoever. sh+11 remaln unpaid. eitber befae or after the maturity ~
thereoi, the sald Borrower~ will do the folbMing thiags. to-wit: ;
(a) Pay promptly ~?hen due all fire aad Mladstorm-Wsurance premtums. tsxes. use~smena. ¢~ue: and charges of :
every ldnd impcned ac le~?ied upon thefr ieal snd peaonal~operty pciar to the dme when any such sunn s6a11 ~
beoome delinqueat a in default; iad
(b) promptiypay ~headue aayand all sutns d~e and owing oa any matgage az other eacumbrance oa the prop• ~
ertyhereinafter descttbed and will aever:uffer or permit aay mortgage lien a encumbraace thereoa to be-
come deliaqueat ac go iato default. ~
2. The Bamwen agxee that they will aat. wittwut firn proc~uing the coaseat in aitlting of the iaid Bank here- }
aftet create a permit anq llen or other eacumbrance to exist on ttteirpropercy. real orpeno
nsl. pop o~vned or here•
sher scquired by them including. but not limited to. the pco~erty 6ereinafter descibed. ~
3. The Horrowers ag~ee that they shall not have the privilege, aa aill they sell, truufec. assign. 6ypothecate, or ~
in any manner whatever. disp~se of the property. or any tatereat thereia, oMned by them. including specifically. but
not llmited m. the following real esate situate. to-wit: (Description of Property)
WYLDWOOD PK, S/D BLK 2 N 63 FT OF LOTS 1 and 2 ~ ~
so long u any indebtedaest or obligaHon shaU remai~i~npaid as hereinabove referred m!n Puag~rsph 1. ~
4. U the Borrowers shalldefaultinanyofthe coveasnu, promises. and agreemenu herein,Foatained to be made.
doae~ and performedby them. or if they shaII sttempt ~o vaasfer. sell. bypothecate. dispose of or encumber any of
the property of the BaroMers aithout fint procuringthe ooaseat in ~vriting of the Bank therefoc. then in either ~ sny
of such events. the Baak may. in addidoa to any and sll other righu w~ich tl~e Bank may have~ deeLre the entire
remaining unpsid prtnclpal and interest of any such obiigadoas ac indebtednesses then remsiaing anpaid ~o the Baak. ;
due and payable focthwith and shsll, as securit~i forpa
~nent thereof. have s liea on sll of the pcoperty of the Bor- ^
rowen. botL real andpersoaal. including. but not llmited to. the real esute hereinabove described.-w~hlch llen may ~
be enforced by foreclosure ip the ume manner as a mortgage msy be eaforced for def~ult. _ y
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- IN WTfNESS WHEREOF. the undeni~ed have heteunto set thetr haads and seah st Fort Pierce ~ ~
Councy of St. Lucie , State of Flocida. chis ~~*h day of November ~ ly 74
Signed. sealed and dellvered in the pcesence of: G ~
~ ~ (~EAL)
. . F e erick . F rara
~ (sEnL~
j Cynthia J. wen) Ferrara
~ STATE OF FLORIDA ~ .
~ COUNTY OF ST _ LUCI~ ;
~
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BEFt3RE ME~ a Iwtuy Public in aad for the State of Florida at Large, persoaally appeued Frederick N. ~
. }
~ z`~---a--- a--a ~'ynthia T Ferra~, his wife - tmown to me to be thepe rson(s) whose ~ `
names(s) is/are suSscribed to tiie ~v[thin iastrumem aad aclmowledged to me that he executed the same for the ~
~ purposes therein expressed, ~
WITNESS my hand and official seal ac Fort Pierc~ ~~~~y ~ St Lucie
State of„E,iol~~tr~bls, 20t =y of November ~ 19 ~ , ~
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' '''...•wslj = _ .
• 4' ~ r~. (Notary Pubiic ta Fbrid at Large)
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Notary Public, State of Florida at l.ar6e
: L'-~t-,:` My Commission Eaptres y om ~ -
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- ~~'A 's >r $ . ` '
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~ TKb:i~ ~u~e~t was prepued by: Shirley J. McSwain
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Addr~ss: First National Bank of Fort Pierce
Post Office Box 970, Fort Pierce, Florida 33450
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goox 233 PAGE 2980 ~
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