HomeMy WebLinkAbout0709 Z(~~89 ~f ~
Not To En~~un~i~, o~, T~a~ p~op~by
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I~v That the UndeniRned. hereinafte~ called the "Borrowen". for and iir
considerstlonof the sum of TEN DOLLARS (i10.00) and other~ and valuable considerattons unto them !a hsnd
paid, the recetpt whereof u hereby ackaowledged, and fa e purpose of inducing First National Bank
FORT PIERCE, a Flodda banking corpocadoa. here fter ealled the "8ank"~ to g~tant credit unto the3undetr ~yd
under a m o e of a~~~~ ~ 1 75
pl~ ~ the undenigned here-
by Jolnty and sevetaUy oovenant, promise u~d ag,~ee as folbws. m-wit:
1. So bng u the note herelnabove refeaed to. a anypo
rtion thereof, a any extenslon or rene Wal thereof. and
aLo any snd allother indebtednessof t6e Borrowen, or either of them, to :aid eank. whether ~oint or several. here-
tofore or hereafter incucred. of an ~ aature Nhaucever, shall remain u~paid. either before or after the maturity '
thereof. the said 8orrowen aill do t~e folbwing things. to-wit: i
(a) Pay promptly when due all fire a~d Mindstorm insurance premiums. taxes. aaessmenu. dues and charges of ;
every kind imposed or levied upon thefr reai sad penonalEuopeny pr[a to the time whea aay such sums :haU +
beeome delinquent a in default; and
(b) Promptlypsyahendue anyand all sums due and owing on any matgage or other encumbrance on t6e prop•
ertyheteinafter described and will never suffer or permit any mortgage llen or encumbrance thereon to be-
come delinquent or go into default.
2, The eorrowen agree that they will not. without fint procuring the consent in writing of the said Bank here-
after create or permit any 1[en aocher encumbrance to exist on theirp[operty. real orpe nonal. aow owned or here- :
after acquired by them including, but not llmited to. the property tiereinafter desccibed. F
3. TheBorrowersagreethattheyshallnot have the privilege~ nor will they sell. transfer~ usign. hypothecate. a ,
in anp manner whatever. dispose of the property~ or any interest therein~ owned by them~ lacluding specifically, but
na limited to. che following real estate situate. to-wit: (Description of Property) ~
Book 223, Page 1762, Deed No. 274135, Lot 8, Block 1 .
Unrecorded Plat of McNeil Road Subdivision Line and being a part of the
NE 1/4 of the SE 1/4 of the SW 1/4 of Section 19 Township 35 S, Range
40 E, St. Lucie County, Florida.
so long as any indebtedneu or obllgation shall remain unpaid as hereinabove referred to in Pazagraph 1.
4, If the Borrowers shalldefaultfnanyofthe covenanu. promises. and agreements herein contained to be made~
done~ and performed by them, or if they shall attempt to transfer. sell. hypothecate. dispose of or encumber any of
the property of the Botrowers without fint procucing tha coasent in writin of the Baak therefa, the~ in either or any
of such evenu. the Bank may, in addidon to anq ar.d all ot6er righu w~ich the Bank may have. declare the entire
remaining unpaid ~incipal and interest of any such oDligadons a indebtednesses thea remaiNng unpaid to the Bank~
due and pa able forthwith and shall. as security for payment thereof. have a liea on all of the property of the Bor-
rowers. bot~ real and penonal. including~ but not limited to. the real estate herelnabove described. which lien may r
be enforced by foreclosure in the same manner as a mortgage may be enforced for default, ;
IN WITNESS WHEREOF~ the undersigned have hereunto set their hands and seals at Fort PierCe
coun of St_ Lucie ~ State of Florida. chis 3rd day of February ~ 19 ?5 ,
rY
Signed. sealed and delivered the presence of: '
~ t~~'~~~5~-~J ~ e
t~~_~~~~S
AL
k _ . C ar es F. Lo g o~t
~ ~ n ~'G" L)
~
~ Marga t (Borcowen) Lo worth
;
~ STATE OF FLORIDA
! COUNTY OF ST. LUCIE ;
;
t
~ Charles F.
q BEFORE ME~ a Notary Public in and for the State of Florida at Large. personally appeared
~ T.ongworth and Margaret LonQworth, his wife
~ known to me to be thepe non(s) whoae
names(s) is/are subscribed to the within instrument and acknowledged to me that he executed the same for the
~ purposes therein expressed,
~ -
wITNES~,my 6and and of~cial seal at Fort Pierce , County of St. Lucie ~
~ ;y ~ ~~1.'~•. ~ .
~ Sbt~ of•Flor#c~ar~~H`~s, 3rd aay of February , ig75 '
~ ~ , ~ ~ f - b L,
~ • . ~pL~ - ` ~s : NoE~~~Yb~~. A~ ~T~1~et eLb rge~
~
~ ~ A~ My Commissbn Expirec Au~. 3p, 1976 _
~ ; O' `1 ~s.. My Commission Expires
~ ~ , . ' `t~
- " •q`,^y~
r This instrument was prepared by: Shirley J. McSwain
First National Bank of Fort Pierce f p
~ L A~MG aEC R ED
~ Address: Post Office Box 970 i~~~UCic cOaM~Y it,A. '
~ Fort Pierce, Florida 33450 a~r' 'R~1s ~
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