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~ Not To En~un~i~ o~ T~auus~i, pnop~by
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KM~ T~ That the Undet~iRned. hereinafter called the "Borrowen". fa and in
consideracto~of t6e sum of TEN DOLLARS (=10,00) and ahery~d and valuable conslderaiio~ unto them !n hand ~
paid, the receipt whereof 4 hereby acluwMledged. snd fas t6e purpose of inducing First National Bank ~
FORT PIERC6~ a Flodda bankin ation. her ca the "Bank", to ant cedit un o t ucM i t
under a mistor note in the 8 n~:um of i~~~~- ~ ~ dated Ju~~~3, ,
i
the undersigned here- i
by iointy and severaUy oovenaat. promise and aglree ss folbv~, to•wit: :
1. So long u the note heceinabave refeired to. a aay'portion thueof. a any exteasioa or reneMal thereof, and
alsosayaadallother indebtednessofthe Borrowen. a eithet of them. to said Bsnk whether joint or several. here-
tofae a hereaRer tacuired. of an ~ aature Mhaucever. stull remain unpaid. eit~er befae or after the mat~uity
thereof, the said Borrowecs will do ~e folb~ring things. to•~vits
(a) Pay promptly when due all fire and wiadstorm insuraacep~emiumi, tsxes~ aaeuments, dues and charges of .
every kind imposed or levied upon thetr teal and personalrroperty prior to the ttme whea any such sumt shall ~
become delinque~t a in defauk; and
(b) Promptlypay Mhendue aaysnd all sums d~e and owing on any matgage or aher encumbrance on t6e prop-
erty bereinafter described aad aill aevet suffer or p~rmit aay mortgage lien a encumbrance thereoa to be-
come dellnquent a go into default. ~
2. The eorcowen agree that they will not. withOUt first proeuring the oonsent U writing of the said Banic here-
after crea[e or permit sny lien a other encumbraace to exist on theirpropertp. real orpe nonal. noa owned or here-
aher aoqutred by them iaciuding, but not llmited to. theproperty 6erelnafter descxibed, .
3. The Borrowers ag~ee t6at they shaIInot 6ave the ptivitege~ twt will they sell~ ~ansfer~ assign~ hypothecate. ot
in aay manner whatever. dispose of the properry, or sny interest therein, own~d by them. including specifically. but
na llmited to. tha following real estate situate~ to-wit: (Descrlption of Property)
Lot 23, Block I Marvilla Estates, Subdivision in. the city of Fort Pierce, '
Florida, according to a plat thereof, recorded in Plat Book 8, Page 7? of ~
the Public Records of St. Lucie County, Florida.
a~ra/ - S'a6 - o00 ~
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so long as any indebtedness or obllgadoa shall remain unpaid as hereinabove referred to in PacagRap6 1.
4. If the Boreowen shalldefault in anyof the covenanu. promises. aad agreements hecein ooatained to be made.
doae, and performed by them, or if they shall attempt to aansfer~ sell~ hypochecate~ dispose of ~ encumber any of
the property of the Borrowen without flrst procuring the coasent in writin of t6e eank therefor.~hen ia either or any
of such evenu, the Hank may, in addidon to any and all other righu w~ich the Baak may have. declare the eatire
remaining unpaid pdncipal and interest of any such obllgations ~ indebtednesses then remaiaing unpaid to the Baak.
due and papable fathwith and shall, as security forpa yment thereof. have a lten on all of the p[opertq of t6e eor-
rowen. both teal and penonal. including, but not limited to. the real estate hereinabave described. which llen may
be enforced by foreclosure in the same manner as a morcgage may be enfaced for default.
IN WtTNESS WHEREOF~ the undersigned have hereunto set their hands and seals at Fo.rt Pierce ~
Councy of St. Lucie ~ scace of Florida. chis 23 rd day of Jul ~ lg ?5
Signed. sealed and dellvered in the presen of: ~
~j~ ~ ~t •
~~Y _ (SEAL)
_ ~ ~ . O II .
/ . J' 7~' J ~
- j ~ Peg )
STATE OF FLORIDA ST. LUCIE
COUNTY OF -
;
~
j BEFORE N.E~ a Notary Publlc in and fa the State of Florida at Large~ personally appeued John B_ Hallam
~ and Peggy J. Hallam, his wife
~ known to me to be thepe tso~s) whase
names(s) is/are subscribed to the within iruuument and acknowledged to me that he executed the same fa the
~ purpeses therein expressed, _
E
~
~ WI1'NESS my hand and official seal ac Fort Pierce , Couacy of St_ Lucie . ~
i
~ Sute of Florida. chis 23 rd ~tay of = July ~ lg ?5 ,
. . ~ ~ ` ` ~ '
~ . t
b ' ~ (IVotary Publl tat F1orida ~Large)
~ a-- ) ~ ~ ~ - My Commission Expires "'^ia~R~~=ir•-j'~4~==-~-=-1 ~;~-~--t~p,~
~ - , „ r... t:^ma,,:~~i;n E.<pues
~ • - _ ; , - Aug. 30, 1970
:
~ ~1 ~ 4_` % - =~EQ ~h,~ KE~ R 31.34~~
- . C!E
~CEF F~UTR'~s tA,
~ This in3csumoac wu propued by: Sl~irley J. McSwain ~FCCqp y e1~~~WT Cp~r
~ ' F=~;ft fp ~
~ First National Bank of Fort Pierce ~
3 Addr~ss: post Office Box 970 ~ 1~ ~ ;
~ • Fort Pierce, Florida '33450 ~ i4 ~ TS =
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k ~c~n i~ ~N w?rMErrr o~ uxEs
~ DUE ON qA9i'C' INTAt18181E rERSONAL PROPER(Y, _ ~ ~ :
~ ru~.wiwr m cwwrq~ n.is~? ~crs oF i9~i. s~cK ~4~ P11~E J~t~7 `
~ ~OGER P01[~ j
a A.ERK CIRGIIT OOUICf. ST. WC~E 00, fUl `
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