HomeMy WebLinkAbout0498 i
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~t Not To En~aun.l~, on T p~o Y~
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T6at the UndeniRned. hereinaher called the "Borrowett". fot and in :
considerstionof the tum of TEN DOLI.ARS (i10~00) aad other ttood and valuable conslderatioas unto them in hand
paid. the receipt Nhereof i~ heteby ackaoNledged. snd fa t~ie pucpose of inducing ~rst Nat~nal Bank
FO[tT PI6RCE~ a Flodda baaking oapocadoa. herelqajt~ca,Ll~d the "Bsnk". to gRant cred uoto uc~deu~ed
under a miss aote in the ci 1 sum of i 1 1 ts 1 ts ts dsced d• , 1 y
t6e undettigaed here- ~
by ~oiaty aad aeverally oovenant. p~omise aad ag~ee aa folbws, m-~vit: '
1. So bag as the aote hereinabo~ve referred to, a anyp~tioa thereof. er apy extentioa or rene~al thereof. aad ~
al~o any snd allother i~debtednestof the BotroNen. or elthet of them. to said Bank. whether iolnt or several, here-
tofore a heresfter incutred~ of aa nature M6atscever. shall remain unpaid. eitber before or after the maturity
thereof. the said Bottowen wiU do t6e folbwi~?g things, to•~vits ~
(a) Pay protnptly ahen due all fire and ~vindstcxm-insurancepremiums. taxes. aaessmean. due: aad charges of
every kind imposed a levied upon thetr reai sad petsonalrtoperty pcior to the time whea aay such :u~ru shall !
beoome delinquent or in defauTt; ind _ ~
(b) Promptly pay Nhen due aay and sll sums due and owing on aay matgage a othet encumbrance oa the ~op-
ertyhereinafter described aad wlll aever suffer or permit aay mortgage lien a encumbrance t6ereoa to be- f
• oome delinqueat a go into default. t
2. The BorroMen agree that they will not. without fitst procuriag the oonsent in wtitiag of the said Bank here•
aRer ereate a per~it aay llea ac other encumbrance m exist oa theirproperty. real orpe
nonal. now owaed or here-
after acquired by t6em including. but not limited to. the rty 6ereinafta desetibed~
3, The Hotrowen ag~ee that they shall not 6ave the priv! ege, twr will they sell, transfer. assign~ hypothecate. a
in any manner whatever. dispose of the property, or any iaterat therein, owned by them. including specifically. but
aa flmited to. the following real estate situate~ to-wit: (Descriptio~ of Property)
2301-601-0003-OOOJ6
Martin's S/D E 1/2 of N 1/2 of Lot 3 ~
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w long as any indebtednest or obligation shall remain unpaid as hereinabove referred to in Pazag~raph 1. ~
4~ If the Borrowers shalldefaultfnanyofthe covenants, promises. aad agreemenu herein coatsined to be made.
doae, and performed by them. or if they s6all attempt to uansfer, sell. hypothecate. dispae of or encumber aay of
the propeay of the Bormwen without fint procuring the consent in writin of the Bank therefor. thea in either oc aay
of such evenu~ the Bank may. ia addidon to any and aII aher righu w~ich the Bank may have. deelue the entire
remaining unpaid prlncipal and incerest of any sucl~ obllgadom or indebtednesses then remaining uapaid to the Bank~ ;
due sad papable forthaith and shall, as secvrity forpa yment thereof. have a llea on all of the peoperty of the Bor• ;
rowen. both real and personal. includiag. but not lim~ted to~ the real estate hereiaabove described. which llen may ;
be enforced by faeclosure in the same manner as a mortgage may be enfaced for default.
IN WTfNESS WHEREOF~ the undenigned have hereunto set their hands snd seah at Fort Pierce ~
County of St. Lucie ~ State of Florida~ chis 4th day of February ~ 19 ?5
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Signed.sealed and delivered in presence of:
L~: ~ ' ~r/ ~ nL~
, , eri W. r
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j ; (Borro )
~ STATE OF FLORIDA v Helen J. FerrBra
~ COUNTY OF St. Lucie
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~ BEFORE ME~ a Nocuy Public in and fa the State of Florida ac Large, personally appeared Frederick
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3 W Ferrara and Helen J. Ferra ra, his wife known co me co be chepersoa(s) whose
~ names(s) is/are subscribed to the within instrument and acknowledged to me that he executed the same for the
! purposestherein expressed. '
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WITNESS my hand and of~cial seal at Fort Pierce , County of St. Lucie .
Stace,a~ Fjlor}da. this ~~~day of FebruarV ~ ig75 .
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~ ~~g,~~ (Notuy Publl tat Fbri at Large) > ~
~ . _ - : , . ~ R3{~yr Fublt~. ~'fa~e ofi Fl~~~~3 a{ -
My Commission Expires mm:ssion Ex ues k,,
¢ ~ pU~3~t ` P g.301197~
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_ , : f~lFO Ah:~ RECORpEO
= ~ 1~'•~.......-~`~ ST.tUCfE CUUNTr
~ ~ ROCEF Pp•rqAS ~A.
i . CLEP,K C,,;
~ This instrument wu prepued by: Shirley J. MeSwain p`~ARD y~R~F,E~ COUR ~6'
First National Bank of Fort Pierce LZQ ~i
~ Address: post Office Box 9?0 « ~ ~2 ZS
~ Fort Pierce, Florida 33450 3 ~
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