HomeMy WebLinkAbout1598 - . - 318491 . '
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~ee~n.e~+~ Not To En~un~n on T~~ne~,~r, p~p~by
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1~ Tbat the UnderstRneJ, hereinafter called the "Borrowea". fa~ and !n '
consideratlonof the sum oi TEN DOLLARS (=10.00) and ocher Aood and valuable consldzracioni unto them ia hand
pa!d, the recetpt ~+hereof b hueby acktwwledged. and ta tbe purpose of inducing First National Bank
FORT PIERCE~ a Fbrida banking c~orpocation. here~na~tf~ea~d the "Hank". to g~aat cxedi~t~~ember~~~
under a Exomissory rate in t6e principsl ~um of i~ • dated , 1975
the w~denlgaed here•
by Joiaty anct severalty oo~enant. promise and sgrea ~ folbNn. m-Mit: .
l. So bng u the note hereiaabave refetred to. ar say poition thereof, ac any extension a reneral thereof. and
alsoanyaadallot6er lndebtedneuofthe Borrowen. o~ either of them, to uid Bank. Mh~ther foint or:eversl. here-
tofore or hereafcer ineurred~ of an}• aature whauoever.:hsll remain unpaid. elthec befoce oc after the maturlty
thereof. the ssid Borrowen ~vlU do the folbwing things. to-~vitt
(a) Pay pcomptly when due all fUe and windstorm insurancepremiums~ taxes~ aaessments~ dues and charges of
every kind imposed a levied upon thetr real and penonalptoperty ptior to the time when aay such suttu shall
beoome dellnquent a la default; and
(b) Promptly pay when due any and all ~ums d~e and owing on any mortgage or aher encumbrance oa the prop• ~
ertyhereinafter described and will never suffer or permit aay mortgage ltea or encumbrance therean to be-
_ come deltnquent or go into defaulc.
2. The Borrowen agree t6at they will not. wittaut first procuring the oonsent in ivriting of the said eatilc here-
aher create or permit any lien orother encumbrance to exist oa t6eirpro
perty, resl orpersonal. aow owned or here-
after acquired by them including, but not Hmited to. theproperty Fiereinafter descri6ed,
3. TheBorrowenagreethstthey shallnot h$ve the.privi eI ge. na will they sell, transfet. usign~ hypothecate~ a
in any manner whacever. dispne of the property. or any interest therein. owned by them. lncluding specificaUy, but
na llmiced to. the follow[ng real estate sicuate. to-wit: (Description of Property) _
2421-608-0001-000/2 Pioneer Estates No. 2 Lot 1 ~
so long as any iadebtednes~ or obligation shall remain unpaid as hereinabove referted to !n Patagraph 1.
4, If the Borrowen shall default in any of the covenanu. promises. and agreemena herein oontalned to be made.
done, and performed by them. or if they shall attempt to transfer. sell. hypothec;te. dispose of or encumbet any of
the property of the 8orrowers without fint procuringthe consent in ~vriting of the Bank therefor. then ia either ot any
of suc6 evenu~ the Bank may. in addidon co anp and aII other righu w~ich the Bank may have. deClare the entire
remaining unpaid principal and interest of any suchobligadont or indeDtednesses thea remaining unpaid to the Bank.
due and pa able forthwith and shaU. as security forpa yment thereof. have a ltea on all of the property of the Bor-
towen, bot~ real and personal~ including, but not limlted to, the real estate hereinabove desctibed. which lien may
be enforced by faeclosure in the same manner as a mortgage may be enforced for default.
IN WITNESS WHEREOF~ the undecsigned have hereunto set their hands and seals at Fort Pierce .
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Coanty of Saint Lucie ~ Stace of Florida. chis 30th day of September ~ 19 ?5
Signed. sealed and delivered in the ptesence of:
. . ,1... ? ~sEN.>
~ Lee Gaban
? (SEAL)
~ ' Clor e G~~/e
STATE OF FLORIDA '
COUNTY OF St. Lucie
I~ BEFORE ME~ a hotary Public in and fa the State of Florida at Large, personally appeared Lee Gaban
i and Clorene Gaban, his wife known to me to be thepe non(:) whose
i names(s) is/are subscribed to the within instrument and acknowledged to me that he executed the same for che
f purposestheretn expressed.
~ ' i
~ Fort Pierce Counc of Saint Lucie ~
E WITNESS my hand and official seal at . y .
~ . ,
j \ Scate of Florida. thls 30th day of September ~ 1975 J ~ :
~ ~ ` ~ . ~ Qt~x- ~
~ ••~=~~~L~ (Nocary Public ate v rida ac rge)
~ Notary Pu ic, State of Florida at large
i \ - My Commission Exptres ~
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~ ~ • This. inscriitrtenc wu prepared by: Nancy G. Smith j
E ~ ~ ~ ~ Installment Loan Department
a , Address: First National Bank of Fort Pierce ~
€ f Post Office Box 970
; Fort Pierce, Florida 33450 ~~~EA ~ iN PAYMENi OF TA~
; C~ ~ oN a.w ~M ~Mnwc+a~ f. ~~D?ERir~ E
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~ ~~I TO GiI1riE~ ~l•13(, AC1S OF 19)l.
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