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ASSIGNMENT OF RENTS AND AGREEMENT NOT TO SELL ~84Q4 ~
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OR ENCUMBEB ftEAL PKOPERTY
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In consideration and as security for a loan made or purchased by Florida Bank at Ft. Pierce
Ft. Pierce, Fla. ~he~~~~r called "Lender") which loan was made for the improvement of real
property described below and is evidenced by a promissary note in favor af
Hollis Vose Jr. and Nbnica Vose, his wife _
dated December 13th , 1~~ , in the amount of F~ve thousa nd f i ve hundred twenty
~ .,p~ and 2~/100 - - - - - - - • - - - - -DoUars (aj527.20 :
the undersigned, and each of them, (hereinafter called "Borrower") hereby covenant and a~ee with Lender ~
as follows: -
1. The real property referred to herein is located in 341 S t~!~r+'sp ~1vd. , ~
City/County of St. lucie~Ft. Pi er. ce , State of F~ ori da ~d is described as follows: ~
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see attached sheet for tegal description
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~ 2. Borroaer hereby assigns to Lender all moneys due or to become due to Borro~ver as rental or otherwise for or on ~
acoount of such real property, reserving unto Borrower the right to rnllect and retain any such moneys prior to Borrower's :
~ default under the terms of the loan described above; '
i 3. Borrower will not create or permit any lien or any encumbrance (other than thoae presently ezisting) to e:iat
€ on said red property and will not transfer, sell. assign or in any manner dispose of said resl property or any interest therein
~ without the prior written consent of Lender;
~ 4. Lender is hereby authorized and permitted to cause this inatrument to be recorded at such time and in suc6 places
~ as I.ender at its optioa may elect. .
~ 5. 'I1~is agreement is e:pressly intended for the benefit and protection ot Lender and dl :ubsequent holders of the ;
~ note described above. Borrower warrants and represents that Borrower owns the above-deacribed real property. i
6. This agreement ahall remain in tull force and effect until the loan described above shall have been paid in full or ;
until twenty-one (21) years following the death o[ the last survivor of the undersigned. whichever tust oocurs.
SIGNAT ~'e
Dated: ~ecember 13th~1977 ~
SIGPIATURE
n ca os
STATE OF F 1 or i da WI'TNESS ~ -
SS •
City/County of St.Lucie~Ft.Pierce wtTNESS g'
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~ On this 13thday of~ecember , 19_~, ;
before me, the undersigned, a Notary Public in and ;
for said City/County and State, personally appeared ~
~ - a
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~ - Hot l i s Uose Jr. Space below for recorder's use only '
~d Moni ca Vose , his wife
known to me to be the persons whose names are sub-
- scribed to the within instrument and acknowled~ed to
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me that they have egecuted the same, as their~ ow~
free act and deed. ~ ~ ~ ' ~
~ WITNESS my hand and official seal, , ^ `
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l.. d - _ ,
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cicy - . ~
Notary PuWic in and [or said County ind,-State • • ~ " ~ • ~
con~w~ , f ~c p. 3• Z~•B 1 ~c,o+c Z7~ r~t~E ~~d ~
FORM 708 (10-77) ~