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HomeMy WebLinkAbout0292 . ~ . . • ' r . . • ~ i - - ~ - ~ ~ww~:~-- - - = ~ + ~ . . . ~3 8y3~7~ . - AS3IGNMBNT UF BCNTS AND AGREE,'1fE.y'T NOT TO 3ELL ~ OA SNCUI`iBER RBAL PROPERTY ~ In consideration and as security for a loan made or purchased by Florida Bank at Ft. Pie~ce (hereinafter caUed "Lender") ~which loan ~vas made for the improvcment oi real property described bebv? and is evidenced by a promissory note in favor ot Ro~er W. Davis. Jr. and Janice H. Davis` his wife dated October 2A~ ,19~, in the amount ot Ten thousand two hundred and sixteen and 3~00--------------------------------Bollars 10 ~21~'i2 tbe undersigned. and each of them. (e~zc~~inafter called "Borrower") hereby covenant and a~ree with Lender ~ rouows: ~ 1. The_real property refecred to herein is loc:ated in ~ Ft. Pierce ~ GSty/County of St_ Lucie , State of Florida and isdesctibed a` iollow~: The East 136.5 feet of the NW~ of the NE~ of the SE~ and AISO the South 30 feet of the ~ North 330 feet of the West 5~3•5 feet of the said NW~ of NE4 of SE4i said 30 feet being a Right of Way for ingress and egre~s to the . Said East 136.5 feeti all of said lands lying and 2~w,bK~in~ ~ S~c~~ shi~~b,oSo~th Ran~e 40~as~t. y tns yi~u~ or me w td Boreo as nn or ~rwirt for or oa aeeount o[ sud~ nal p~p~rtp. c~rin~ unto Boerower the ri~ht to coUect and retain any anch moneps prior to Ho~~r's d~tault under the t~rets oi the loan described above; ~ _ ' 3. BorroMer will not ereat~ or permit auy lieR or any encumbrance (other thin thow presentiy ssistiaa~ to rsiat ~ oa said real p~opert~ and will twt transfer~ sel1. assisn or in tny manner dispose o[ said real prop~~ty or any interert th~in ` wnthout the prior written conxnt ot Lend~r. ~ 4. Lender is bueby authoris~d ~nd pern~itted to cause this instrument to be reeordcd at such tiaae snd in suc4 plaps I as Lnd~r ai itt option eaay decc. ~ S. 11iis aRsem~nt is e:p~ea~iy ieetend~d [or the benefit and protection o[ Lader aad all auba~queat hoWas ot ttu oot~ drscribed sbow. Hocrower warrants and represeau ehat Borro.n~r owns the abore-describ~d ~1 pe~ope~t~. 6. T6is ~tw~n~nt ahall reraaia iA fnll toec~ and effect unW th~ loan described abo~r~ shdl hsw bNn p~id ia te1! o~ ~wwt~ t~rentyoae (21) ye~es [dlo~ria= th~ death oE the last wrvis~ o[ the undeesi~n~d. whidN~ar Cust 1977 SICNA?URS J "v' ~ Dated: October 28. siaxwzvae ' l~r~.~~ STATE OF FLORIDA J i e H. Dapis - ~ wn~rr8ss City~Countyoi Ft. Pierce,St.Luci W~~ ~ On this 28th day of October ;~9~, befon me, the undent~ed. a Notary Puhlic in and ~ foz said City/CountY and Sta#e, PersonallY aPPesr'ed Roger ~ W. Davis. ~r. - g~e ~1ow ~or ncorder's u~e ardy - . ~ Janice H. Lavfa~ ~ • ~ bis wife ~ - kno~ru to me to be tbe ~Re~#°~pF aS~~O, nsmes sioe sub- ::~o ~Na RECO~oEo s~zibed to the within ud~rt•a~i%~iowledged to =f.~uc~E cou~ir F~~. ~ ROCER P011RAS - mt that they have e~be~_ ~z7aa~,~~~tbeir owtt _ ClEF.K C!~CUlT COUR~ ~ , _ ~EO~~ tree srct and deed. = ` ' ;s• ` - - ~ _ _ wrrrrESS mq h=:.: o~ N~: 10 39 PN'7~ r ` . : ~ •.:i ~ . , :z- " : r Q. : ~C i~ • • ~j / , ` ~ ~ ~C . HN~~ /„v "C.~ ~ • r ~~~a7 - Notuy ~Publie ie aud ioriad~t~• ~tl? aad 8tate C~o~?•,~... ~K~. 3-22- 8 / - S~ • ~ ~ ~f ~ . iOpM 708 (t0-77)