HomeMy WebLinkAbout0959 , - y : v t{
ne~ne~t Not To En~~~ on T p~o
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K1101~4 That the UndetstRned, hereinafter calle~i the "Bonowen", fot and in
considerstlonof the sum of TEN DOLLARS (=l0.00) aad ocher good snd valuable considerations unto them in hand :
paid~ the receipt whereof L hereby acknowledged. snd far tbe purpo:e of inducing First National Bank t
FORT PIERCE. a Fbdda banking ootporatioa. het~~~.c~]~ed the "Ba~k". to giant credit unto the under i
under a promiss note in t6e nM 1 sum of i u dated 3 _
tht undersigned here-
by iointy ~nd severaIIy ooveaant. ~omise aad agFee u folb~n. to-~vit:
1. So long u the note hereinabove refecred m. a anypo~
on thereof. a sny extension or re~ewal thereof. and
alsoanysndallother indebtednessofthe Borrowen. or either of them. to said Bank ahether Joint or seversl. here-
tofore or hereafter incurred~ of an nsture ~rhaucever, ihall remaia unpaid, either before or afcer the msturity
thereof. the said Borrowen will do the folbwing things, to-~rits
(a) Pay promptly when due aII fire aad Nindstorm insurancepr emiums~ taxes. saeuments~ dues and charges of
every kind imposed or levied upon thetr real and personal propercy prior to the time whea any such sums shall
beoome delinquent oc in default; and
(b) Promptlypay whendue anyand aU suma dye snd owi~g on any matgage or other eacumbrance oa the prop-
erty hereinafter described and will never suffer or permit any mortgage liea or encumbrance thereon to be-
oome dellnquent or go inta default, t
2. Tbe,Borrowen agres that they wiU not. without fim procuring the cansent !n writing of the said eanlc here-
after creace or permit any llen a other encumbrance to exist on theitproperty. real orpe nonal. now owned or here-
after acquired bp them tacluding~ but not llmited to, theptoperty ~iereinsfter desctl6ed.
3. The i3orrowen agaee that they shall not have the priviTege, nor will they sell. uansfet. assign. hypothecate, ~
in any manner whstevgr, dispose of the property. or any interest therein, owned by them. including specifically. but
na limited to~ the following real estate situate~ to-wit; (Descripdon of Property)
343540 West 112 Ft, of North 79.66 Ft, of South 398.30 Ft, of East 132 Ft, of
West 198 Ft. of East 1/2 of NE 1/4 of SW 1/4 of SW 1/4 (63)
Section 34, Township 35 and Range 40
~,~3 ~ _ 33 / - 00/'S~- DOO~~
so long as any indebtednest or obllgadon shall remain unpaid as hereinabove referred to !n Pazagraph 1,
4, If the Borrowers shalldefault in anyof the covenanu~ promises. and agreements heretn oontained to be made.
done~ and performed by them~ ot if they shall attempt to transfer. sell~ hypothecate. dispose of or eacumber anq of
the property of the Borrowen without fint procuring the coaseat in writing of the Bank therefor. then in either or any ;
of such evenu. the Bank may. in addidon to anp and aII other righu wLich the Bank may have~ declare the entire
remaining unpaid princlpal and interest of any such obligations or indebtednesses then remaining unpaid m the BanK.
due and papable forthwith and shall, as security for payment thereof. have a liea on aII of the ~operty of the Bor-
rowers, both reai and penonal. including, but not limited to. t6e real estate hereinabave described. which Hen may
be enforced by faecloaure 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 ~
County of ~t_ Luc ie ~ State of Florida. thh 3 rd day of April ~ 19 75
Signed. sealed and dellvered i j
ptesence of: ~
~ IT ~ '
~ SEAL)
, ~ ~ ha rle s . ge
/ . (SEAL)
~ LaRue Hed~~wen)
' STATE OF FLORIDA ST. LUCIE
j COUNTY OF
~
~ BEFORE ME~ a Alotary Publlc in and for the State of Florida at I,arge~ personally appeared Charles H.
~ Hed e and LaRue Hed e his wife know co e to be che rso s whose
~ ~ m m pe )
names(s) is/are subscribed to the within insvument and acknowledged to me that he executed the same fa the
t purposes theretn expressed.
~ c of St_ Lucie .
~ WITt3ESS my 6and and official seal at ~r _ ierce , Coun y ,
stace of Florida,.this ~ 3rd ~ay of Anril ~ lg 75 . _
~ ;,\.~i d. • _ ~
~ ~ . _ (~EAL) " (Notary Publi . Stat f F1ori at large)
I~ty Commiuion Exptres Ne ~ P ir RtA~P ~f F~.,.wa at Larga
' " ~ ~ ~ - My Commission Expires Aug. 30, 1976
' c~ _
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q; Thu instrument was prepared by: Shirley J. MeSwain (mrs. First National Bank of Ft. Pia c
Post Office Box 970 Fort Pierce, Florida 33450 3~S~O ,
~ Address:
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