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~ Nat To on - Ti~a~ne~i, p~op~y
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~w That the UndersiRned. hereinafter called the "Borroweri"~ for and in
considerationof the sum of TEN DOLWRS (Z10.00) and other good and valuable considerations unto them in hand
paid, the receipt whereof u hereby acknowledged, and fa tl~e purpose of inducing First National Bank
FORT PIERCE, a Flortda baaking corporation, here a~tgr }1~d the "Bank". to g,rant cxedit unto the undgr~ ed
under a promissory note in the principal sum of i~4j -~O dated ~nril 3. 1~J~
the undenlgned here-
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by iointy and severally oovenaat. promise and ag~ree as folbws~ to-wit:
1. So bng as the note hereinabove referred m. og anypo
rtion theteof. a any extenslon ot renewal thereof, and
altoanysndsilother indebtednessofthe Borrowers~ ot eithet of them. to sald Bar,k. whether ioint or several, here-
tofae a hereafter iacurred~ of an nature whaucever. :hall remain unpaid, either before or after the maturlty
thereof, the said Borrowers will do the followiag things. to•wit:
(a) Pay promptly when due all fice and arlndstorm insurancepremiums, taxes. aatessmenu. dues and charges of ,
every kind imposed or levied upon thelr real and personal propetty prior to the time whert any sucb sums shall !
beoome delinquent or in default; and
(b) Promptlypay whendueanyand all sums due and owing on any mortgage or other encu~nbrance on the ptop-
ertyhereinafter described and will never suffer or permit any mortgage llen or encumbrance thereon to be-
come delinquent or go into default.
2, The Borrowen agree that they will rtot. without fUst procuring the consent in writing of the said eank here-
afcer create or permit any lien a otl~er encumbrance to exist on their property. real or penonal~ aow owned or here-
after acquired by them inciuding. but not limited to. the pcoperty fiereinafter desaibed. r
3, TheBorrowenagreethatthey shaUnot have the privilege~ nor will they sell, transfer. assign. hypothecate. or
in any manner whatever. dispose of the property, or any interest t6erein. owned by them. including specifically, but
not Hmited to. the following real estate situate, to-wit; (Description of Property)
LILEM S/D BLK 2 LOT 1 "
_~5~a~?-7o7-poi,s
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so long as any indebcednesa or obllgaHon shall remain unpaid as hereinabove referred to !n Pazagraph 1.
4, If the Borrowers shalldefaultinanyofthe covenanu. pcomises~ and agreemenu herein contained to be made.
done. and performed by them. or if they shall attempt to transfer. sell. hypothecate. dispose of ot encumber any of
the property of the Borrowers without first procuring the consent in writin of the Bank therefor. then in either or any
of such evenu. the Bank may. in addidon to any and all other rights w~ich the Bank may have. deelare the entire -
remaining unpaid principal and interest of any such obligations or indebtednesses then remaining unpaid to the Bank.
due and payable forthwith and shall, as security forpa yment thereof~ have a lien on all of the property of the Bor-
rowen. both real and personal~ including. but not limited to~ the real estate hereinabove described. which llen may
be enforced by foreclosuie in the same manner as a mongage may be enforced for default.
IN WITNESS WHEREOE. the undersigned have hereunto set their hands and seaLt at F~rt Pierce ~
County of St_ T.ucie ~ State of Flortda~ this 3rd day of April ~ lg 75
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Stgned. sealed and delivered in t e ptesence of:
/ .1~.-~.- G ~ ~ ~ ~ ~ ~ ~ ~ , ~E
AL~~~ ~
~ , ? e A . o~ent ~
c.- EAL)
Mild r ec~g~~gjment
STATE OF FLORIDA ST _ LUCIE
~ COUNTY OF
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; BEFORE ME~ a Notary Public in and fa the State of Florida at Large, personally appeared Henry A.
f
" Coment and Ivlildred C. Coment, his wife known co me co be cheperson(s) whose
~ names(s) is/are subscribed to the within insuument and acknowledged to me that he _executed the same for the
~ purposes therein expressed,
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WITNESS my hand and offiMal seal at Fort PierCe ~ County of St. LuCie ~
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S~ate f-~loYtda, chis 3rd day of April ~ lg 75 '
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~ ,~SF~AL)." (Notary Pub . Stat f F1orid , at Large) ~
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~ _ : Q . ; , _ My Commission Expires ,
My Commisslon 6x ~rds Au ~ ~S~
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r~ ~ 'I`f?is inscrumenc was prepared by: Shirley J. McSwain - First National Bank of Fort Pierce ~
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Post Office Box 970 Fort Pierce, Florida 33450
~ Address:
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;,c ~~~~iCED
~ FILza ~n. TY FtA .
1 S7.lU~~!~-_~O~HRAS l s
~ FO~~.; iGiSIT COURt _
~ ril~~ h '..i~.r_ t
~ REC~'F~ '.E•• r
9 36 AM'75
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305283
BOOK ~~S ~AGE ~OV
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