HomeMy WebLinkAbout2187 r~ ~
299 ~~'7
Not To on T p~o ,
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KAMI 1~ T4at the UndeniRned, hereinafter called the "Borrowen". for snd in
cauideratioa of the sum of TEN DOLLAItS (310.00) and other ~tood and valuable coasiderations unto them !n hand
paid~ the receipt whereof 4 6ereby acknowledg~d. and fa t6e purpose of inducing First NatiOtisl BaAk
FORT PIERCE. a Flodds bsnking oorporatioa. herej~~er~lled the "Sank". to gJrant credi u ~t t1~ undeni~ua3
under a promissory aote in the p:ineipal :um of i • dated L~- I~
' the undenigaed here-
by fo yand severally oovenant. promise aad ag~ree u folbvrs, oo-witt
l. So bng u the aote hereinsbave referted to. a saypo~ion thereof. a any exteaslon ar renewal thereof. and
al~o any and aLother indeDtedneuofthe Bonoweci. or either of them. to :ald Bank Mhether ioint or several. here-
tofae or hereafter incurred. of sn ~ nstun whatscever. ihall remain unpaid. eit~er before or after the maturtty
chereof. the said Borrowen ~rlll do ~e folbwinng things. to-wit:
(a) Pay promptly whea due all flre aad ~rindtorm insurancep~emiums. taxes. sueumenn. dues and charges of
every kind imposed a levied upou thetr real and personalrroperty p~lo~ to the time whea any such surtu shall
beoome delinquent a ia default; and
(b) Promptly pay whea due any and aU sums d~e aad owing on any mortgage or other encumbrance o~ the prop-
erty hereinafter described aad will never suffer or permit any mortgage liep a encumbrance thereon to be-
come delinqueat or go i~rco default.
2. The BorroNen ag~ree that they will not. without fint procuring the oonsent in writing of the said Bank here-
after create oc permit say llen a other encumbrance to exist on theirproperty. real orpe nonal. aoM owned or here-
after acquired by them including. but aot llmited to. thep~operty Tiereinafter described.
3. The Boreowen ag~ree that the s6a11 not have the privi eI ge, no: will they sel1. uansfer, assign, hypot6ecate. ot
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in any mat~ner whatever. dispcKe o the property. or aay interest t6erein. owned by them. iacluding specifically. but
na limited to. the following real estate sltuate. to-wit: (Descrlption of Property)
W?5 Ft. of the S. 113 Ft, af Lot 25 , Revised Plat of Home Acres Unit No. 2
so long as any indebtedaest or obllgadon shall remain unpaid as hereinabove teferred to in Pazag~aph 1.
4. If the Bort+owen shalldefault in anyof the eovenanu. prQmises. and agreemenu herein oo~ained to be made.
doae. and performed by them. or if they shall actempt to transfer. sell. hypothecate. dispo~e of ot eacumber any of
the property of the Borrowen without fitst procucing the coasent in writing of the Bank therefoc. then in either or any
of such events. the Bank may. in addidon to any and all other Mghu w~ieh the Baak may have. deelare the eatire
remaining unpaid Qr[ncipal and interest of aay sucl~ obligatioos ~ indebtednesses then remaining unpaid oo the Bank~ -
due and pa able forthwith and shall, as seciuity forpa yment thereof. have a llen on all of the pcoperty of the Bor-
rowen, bot~ real and penonal~ including, but not limhed to, the real estate hereinabove described~ which liea may
be enforced by foreclosure in the same manner as a mongage may be enforced for default.
IN WTTNESS WHEREOF, the undersigned have hereunto set thetr hartds and seals at Fort Pi~e rce ~ ~
County of S t. Lucie ~ state of Florida. this 2 Oth day of January ~ 19 75
Signed. sealed and dellvered in the presence of:
~~1
~ ~ ug ras ure
? • (SEAL)
T H elen (Borrowen) Fra shure
i STATE OF FLORIDA St. Lucie
~ COUNTY OF
i
f BEFORE ME~ a Notary Public in and for the State of Florida at Luge. penonally appeued Hugh E_
~ Fra shure and Helen Frashure, his wife known co me co be chepe rson(s) ahose
~ names(s) is/are subscribed co the aithin ie~swment and aclmowledged to me that he executed the same for the
~ purposes therein expreued.
~ Fort Pier u ' ~
~ WITNESS my hand and of~cial seal at ~C , County of t. L Cle .
~ scat y~~lpk~~~ chis 20th aay of Januarv . 19 75 , ~
~ , ' f' /
` ••~i•/
~~jM (Notary Pub . S e of Fb da at Large)
~ ` ;~ee - '
~ • _ My Commission Exptres Netarv R~Nir~ St~+p ~f Fsors:.:.a; ~ars~
~ ' i j~ r~ `t r'_g;
v'" My Commission Expires Aug. 30, 1976
• , : ~ ~ ir- _ -
~ ~`i-; ~ j p~?NO IlE~ -
~ =~i'R 7 i~t~UCIE CO{111T~
~ aoc~a ~o~t~ ~
This instrument was prepued by: Shirley J. A/IeSwain ~~LERk CiFCUtT COUIIT
3_., vE~''~~f0
~ First National Bank of Fort Pierce `
Address: ~ ~j f
~ Post Office Box 970 !t z~ #H ~5
~ Fort Pierce, Florida 33450
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~ ~ R 235 2~.86
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