HomeMy WebLinkAbout2091 . ~ ~o~os~ ~ '
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K~ T~ That the UndersiRned. hereinafter called the "Bo~trowen". fot and tn
consideratioaof the ~um of TEN DOLI.ARS (i10.00) snd other good and vsluaDle oonslderatioiu uato t6em !n haad
id, the receipt M6ereof ie hueby acknowledged~ and fa cTie purpose of tnductng ~rsk Nationsl Bank
ORT PIERCE~ a Fbdda baaking aorporatioa, her ca d the "Bank". to ant cred o
ander a prominory aote in the priacipal sum of ~ ~ dsted
t undenigaed ere-
by iointy and uveraUy oovenaat. promise ud sgRee ai tolb~n, to-witt
1. So bng u the aote hereiaabove refeired to, a any portioa theroof, a any extcnuon or rene~al thereof, and :
also any and allother iadebtedaeuof the Borrowen. a either of them. m said eank~ Mhether ~oint or :e~reral. here- ;
tofoce a heresfter tncused. of aay nature ~+6stioevet. s6a11 remaia unpaid. either befae or after che maturity ~
thereof. the said Borrowen ~viU do the folbMiaA things. to•~rit: ;
(a) Pay promptly ahea due all flre aad wiudtorm-insuraace premiums, taxes. aae~smeaa. dues attd charge~ of ~
every kind imposed a levied upoa their real and personsl~roperry priot to the time whea any such sums ihall
beoome delinquent a ia defsult; and
(b) Promptly pay whea due any and all sums dwe and owing oa any matgage or ahu encumbrance on the pcop-
ertphereinaftet described aad wl11 never suffer or permit any mortgage lien or encumbraace thereoa to be- ~
come deliaquent or go iato defaul~
2, The BortoMen agree that they will aot. wlthout first procuring the ooaseat in ~vriting of the said Bank here-
after create or permit anq llen oc other eacumbrance to exlst on theirproperty. real orpe l. aoN owned or here-
after acquired by them lacluding. but not limited to. thepcoperty Fiereinafter descsi6ed~~
3. ?he Bomowen agree that they shaU aot have the pr[vilege. n~ wiU they sell. trsasfer. usign~ hypothecste. a
ia any msnner Mhatever, dispcKe of the pcoperty. or sny interest therein, owaed by them. lncluding :pecifically. but
na llmlted to. the following real estate situate. to-wit: (Desctlption of Property) ,
R.ange 9 Township 35 Sec. 40 Beginning 1023 Ft. E and 40 Ft. N of SW Corner
of NW 1/4 of the SE 1/4 running 194 8/ 10 Ft. then E 291. 93 Ft. to the W
~ Right of way 13th Street th S on Right of Way 163. 10 Ft, to beginning of
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curve concave to NW th sly and wly on arch of curve 48. 7? Ft. th N diagonly }
54 Min. and 34 Sec. W 254. 54 Ft, to point of beginning
so long as aay indebtedness or obllgation shaU remain uapaid u hereinsbove referred to in Pazag~aph 1. ~
4. If the Borrowers shall default in any of t6e covensnu. promL~es~ and agreements kerein oontaine~ to be made.
done~ and performed by them. or if they shall attemQt m uansfer, sell, hypoth~cste. dispose of or encumber any of
the propercy of the Borrowen without fint procuring the oomeat in ~rriting of the Bank therefor. then in either or anq ~
of such evenu. the Bank may. in addition to aay sad all other righu wLich the Bank may hsve. deelue the eatire `
remaWng unpaid pr[nclpal and interest of any such obligadons ~ indebtednesses then remaining unpaid o~ the eaak.
due and pa able forthwith and shall, as seciuity forpa yment thereof. have a llen on all of the property of the Bor-
rowen. ~ real andpenonal. iacluding. but twt limited to. the real estate hereinabove described. which llen may
be enforced by forec74sure in the same manner as a mortgage may be enforced for default.
IN WiTNESS WHEREOF. the undersigaed have hereunto set thetr hands and seals at Fort PierCe ~
County of St. Lucie ~ State of Plorida. this 20th dayof Februarv ~ 1975
Signed. sealed and deHvered in~the presence of: ~ {
• , ~
, ~ ;
; " . ' Cly e C. Kil er ;
; • (SEAL)
f
I ~
~ (Borrowen)
~
~ STATE OF FIARIDA St. Lucie
~ COUNTY OF
i
~ BEFORE ME~ a Notary Pablic in and fa che State of Florida at Luge. penonally appeued '
E • `
~ Clyde C. Killer ~
g lawwa to me co be thepe non(s) whose ~
~ names(s) is/are subscribed to the arithta instrument and acknowledged to me that he executed the same foc t6e ~
~ purposes therein expreued. ~
i
~ WITNESS ~y haad and official seal at Fort Pierce ~ Counry of St_ Lucie .
~
a
Scate qf ~lar~da, this 20th aay of February ~ 1975 .
, 1
,
~ ~ ' , 1 ~6A~) . (Notary Publlc tat 1orida Luge) ;
~ . Notary Public, State of Fiorida at Lar e ~
- ~ : - ! - ~ My Commission Expires g
~ 1. , y ommiss~on pires ~g. , 976
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,i. fIIED x~iP ~tfCOitpE
x ~ ~ ~ . . _ . ; , sT urc~~ ~aux~r Ft~i.
na ~ - ~ ~ . - ~tocF~ ~amus ~
< ' Cl£RK ~iRCUiT CpiJRT
' This instrument was re ued b• Shirle J. McSwain
~ P P Y• Y RECO~iD vERtryED~.~L7
First National Bank of Fort Pierce l°
Address: post Office Box 970 ~ 1~ ~ 03 P~1 ~~S
~ Fort Pierce, Florida 33450 ~Q~~
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