HomeMy WebLinkAbout0350 . `~l~?<~~
Not To o~, T~a~u~ p~i~op~by s
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K~ 7~ Thst the Understppied. hereinafter called the "Borrowen". for and in
cocuideratioaof the ium of TEN DOLLARS (310.00) and other ftood and valuable coasideratioru unto them ia hand
p~id. the receipt whereof L hereby aclmowlodged~ aad far tbe purpose of inducing First National Bank
FORT PIERCE, a Florida baaldng oocporsdoa. hereyu~t~r~a~gd the "Hank". to g~snc c~edit unto t~ 191gn5
under a promLssory t~ote !n the principil tum of i e s87 UU dated Tul~ ~ 7
the uadenigaed here-
by iointy aad ~verally ooveaaat. pcomise ud a~tee as folbwi, to-~vit: .
1. So bng a: the twte hereinabave refemd to. a~ aay thereof, a any exte~ulon or ranewal thereof, and
alsoanyandallother indebtedaessofthe eoreowen, oc e ther of them. to safd Baak whether Joint ot seversl, here-
tofore a heceafter incutred, of anY natuca ~hatsoever, slull remain unpaid. eit'her before or after the matudty
t6ereof. the :aid Sorrowen will do t6e folbwing thiags. to-~rits
(a) Pay prompt ly whea due all flte and Nindstorm iasuranceptemiums. tsxes, aae~sments. dues and chsrges of
every kind lmposed et levied upon thetr real and personalproperry prior to the time whea any such sums s6all
beoome delinquent a ia defiuit; and
(b) Promptly pay whea due any and all sums dye and owiag on any matgage or other eacumbrance on the prop-
erty 6ereinaher descHbed aad will never suffer or permit aay mortgage llen or eacumbrance thereon to be-
come delinquent or go into default. ,
2. The Borrowen agcee that they vrW not. without firn pcocuring the oonsent in wtiting of the said Baalc here•
afcer create a permit any Uen a o~her encumbrsnce to exist oa their y, real orpeno
nal. now owned or here-
. aher acqutred by them iacludiag. but noc llmited to. thepcoperty ereinafter descri6ed, _
3. The Borrowers agree that theyshall not have the privi eI ge. nor wiII they sell. transfer. usign. hypothecate. a
in any manner whatever. dispose of the property, or any interest theceia. owned by them. including :pecifically. but
not limited to, the following real euace situate. to-wit: (Description of Propecty)
Lot 25, Block 50, River Park Subdivision, Unit 5, as per plat thereof on
file in Plat Sook 11 at page 31 of the public records of St. Lucie County,
Florida.
Subject to reservations, restrictions, easements and rights-of-way of
record 3y~ y_ 5y~ _ do?!~~-Od/y
w lon as any indebtedness or obligadon shall remain unpaid as 6ereiaabove referred to !n Paragirsph 1.
r
4. the Borrowers shalldefault fn anyof the eoveaanu. promises. and agreemenu herein o~ataiaed to be made.
done~ and performedby them. or if they shall attempt to ttarafer, sell. hypothecate. d[sp~ose of or encumber aay of
che pcoperty of the Borcowen without first proeuring the o~nsent in writing of the Bank therefor. then in either or any
of such evenu~ the Bsnk m~y. in addition to aay and all other righu w~ich t6e Baak msy have. der.lare the eattre
remalning unpaid principal and interest of any such obligadons or indebtednesses then remaining nnpaid to the Baak.
due and payable focthwitb aad shall, as security forpayment thereof. have a liea on all of the property of the Bor-
rowers, both real andpenonal. including. but not limited to. the real estate hereinabave described~ arhich lien may
be enforeed by foceciaaure in the same manner aa a morcgage may be enforced for default.
IN WITNESS WHfiREOF. the undenigned have hereunto set their hands and seals at Fort Pierce ~
County of ~t~ L.LCie . State of Florida, t61s 23rd dayof Jul ~ 1g75
Signed. sealed and delivered in the pr~ience of: '
~ ~ : , f ~ ~ ~ ~se,~?t.~
' ~ ill' H: i •
C ? j~
' L~nda J. rrowen)
~ pson
STATE OF FLORmA ST. LUCIE
COUNTY OF -
-
f
E BEFORE ME~ a I3otary Publlc in and fa the State of Florida at 4rge. personally appeued ~lilliam H_ -
~ im~son and Linda J. Simpson. his wife knoa+n co me co be c6epe non(a) ahose .
~ names(s) is/are subscribed to the within insuumem aad ackaowledged to me that he executed the same for the
~ . purposes thereln expressed.
I
~ WITNESS my hand and of~cial seal at Fort Pierce ~ County of St_ Lucie .
B -
~ Sute of. ~ab~tda. chts 2..
3
ra day of July y 19 . ~ .
~ C~~ ~f.~
,
t. ~S~~~) (Notary Publl tace Fbrida. t Luge)
~ : My Commisslon Exptres Notapr Public. State of Florida at Large
My Commission Expires Aug. 3Q, 1976 ,
~ - , . , l.. ~a r?~c ~~N~Y~~~. 3~_3~~5
ua~~ c9u
~ ~o ~F po?YaAt
~ This instrument wu prepued by: Shirley J. MCS FK ~taCt1~~ CdU~t
~ First National Bank of Fort PiercetECCR'v~kiF1E. ;
i
~ Add~ess: post Office Box 970 ~yp , ~ `
~
~ Fort Pierce, Florida 33450 ~ '
~ ~
~
~
~ 77 .
~ RfCE1VFD S/~ ^ IN PAYMENT OF 71UCES - -
~ nue oN an9e ~c iNrN+s~ ~sa+K Pr~ov~~r, 0 R`)4~ 3~0
PUAS11ANf TO GW"TER 71-131~ ACTS Of I911. R,~JnX (r PAGF
~ ~O~EA F01i1111S
~ OtFRK CtitallT OOURT. ST. ?UC~E 00, ftA~
~ ~~l~~
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