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HomeMy WebLinkAbout0513 . . . , . I ? ~ / ASSIGNbiEYT OF RENTS ANll ~(;REE~IE:V'T NOT TU SELL C.,~ OB E~ICLJ11iBER REAL PKUPERTY ~~s In considecation and as security for a loan made o~ purchased by ?~'lorj,da Eank at ~~,PiPr~P (hereinafter called "Lender") which loan ~vas made for the improvement of seal property deeccfb~d below and is evidenced by a pmmissory note in favor of Dabnev G . ~'uC onne 11 dated~ecember 14 ,19.~, in the amount of ~ne thousaiid nir.e hundred thirt~ f_ our and 88/100--------------------------------~otiars(S ~,934.88 ~ the undetsi~ned, aud e~ch of them, (her~einafter called "Borrower") hereby covenant and agr¢e with Lender aa follows: ` 1. The r~l property referred to herein is located in F t. P i e r c e , ; CityjCouaty oi St. Luc ie , State of ~'lorida ~d is describad ss follows• Lot 23 of Eloc~c 17 of i=ine~voac?.. Subdivision ~ . as per plat recorded in Plat Eook 5~ page ?4~ in the office of the Clerk .^.f the ~ircuit Court, St. Zucie County~ ~lorida. _ Y. Sorro~nr I~+eby mi~ns W Gnde~ all moneys due or to become due to Bortower as renW or otherwise for or on I ~~i uouf ~~~p~rty ~n wer the right to collect and retain any such mcrneys prior to BorroNrer i E 8. Boeeow~ wiY not ereat~ or permit any li~n or any encumbrance (other than thos~ presenUy ezistinQ) b ea~ai ~ on aaid real prop~et~ and will aot transter, sdl, assign or in any roanner disposc of said real property or any intereat therein ~ writbput th~ prior wefttNl eoca~et o[ Lender; 4. Iwwd~r b bwby authorised ar~d p~rnnitt~d to cause this instrument to lx rccorded at wch time and in such p{aoea ~ ~a I.a~d~r at i4 optios m~y dect. - 6. TNs a~ewmest b acpredy intended for th~ 1?eneCt and protection o[ Lender and all wb~equent holden ot t6e • ~wt~ d~acrib~d abo~. Borw~nr ~varrants and represents that Borro.ver owns the abovrdescribed r~al progertp. 6. TDh ~rwa~nt siull r~main in [ull fo~ce and effect until the loan described aba?~ shall haw been paid in full or unti! iw*utyos~ (Zl) peats fdbwin~ the death of the Int survi~or of the undersigned. which~ver 6rst oteurs. S[GNA?URE ~ ~ G Dated: December ~.4~, ? 977 . J. L.. ~ • S1GNA?URE • STATE OF ?~LORIDA ~ ~ ~ WITNESS . - TT City/County oi 5T . ..1. wrr;vESs - On thia l.4th day of December ,19~.2, ~ befors me, -the unde~i~ed. a Notary Public in and fot said Gtitq/County and State, personsUy appeared Dabnev G. rtC:onnell Space below for recorder's use oniy . - ~ ~ ~ , his wife • knowm to me to b~ the persona whose narnes are, sub- ~ sctibed to the witl~ia ~st~ment and ackno~rledp~ed~xo fi~EO a~~ Ptc~~ ' ms that they hav~e executed the same,- aa their ~own ST.LUCtE COJhT. F`^" ~ ~ ; ?3~TRa5 ~l'8! ACt atld C~~. ' ~ s~. r. ::Ii i i.~ v~. ` _ - , - . f ~ NE3S my hand ar~d official seal; " ~ ~ . o . . - ~ ` n=~ ~Z ! ~o PN'~~ ~ • t. i-.,~r .~i r-'t~a.= c~cy - ~ , Notary Prblic ia awd for said County ~ ~nd Stat+'' ~ ~Dw~~.s.Kp. 3• a~-~I u-~ ~n ~~5 ~ / : ~