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HomeMy WebLinkAbout0864 ` s • ~ / ~a9p ASSIGNMENT OF ftENTS AND AGftEEMENT NOT TO SELL ~s ~ OR ENCUMBEft REAL PROPER'~Y - In consideration and as security for a loan made or purchased by ~ 1 ~ r i d a a r_k a t " n r t P~ P r c~ e (hereinafter called "Lender") ~vhich loan was made for the improvement of real property described below and is evidenced by a promissory note in favor of TCFi~~ 'ar}' - ~ ~i'":L:? T"• 7q '::O t!'lOU ;'~r 1"!d tti ; ~Vi `ti<?._*.~.-_ dated 3 • , 19 , in the amount of ~T ~,-d ~'1:~3C0--------------------------------------Dollars($ ~.r'7.'~ the undersigned, and each of them, (hereinafter called "Borrower") hereby covenant and agree with Lender as follows: 1. The real property referred Lo herein is located in e r t i~ i e r c e , City/County of - , State of o?' ? c? a and is described as follows: - + ~ - : ..a . i.~.r. • _ . . ~O ~ _ ~ ` 1 ~ 2. Borrower hereby assigns to Lender all moneys due or to become due to Borrower as rental or otherwise for or on ~ account of such real pmperty, reserving unto Borrower the right to collect and retain any such moneys prior to Boaower's _ ; default under the terms of the loan described above; ~ ~ 3. Borrower will not create or permit any lien or any encumbrance (other than those presentiy ezisting) to exiat'~ ~ on said real property and wil) aot transfer. sell, assign or in any manner dispoae of said real property or any interest therein Y without the prior written conaent of Lender; P 4. Lender~a hereby authorized and permitted to cause this instrument to be recorded at such time and in such places r as Lender at its option may elect. ~ 5. This agreement is ezpressly intended for the beneGt and protection of Lender and all subsequent holders of the ~ note deuribed above. Borrower wanants and represents that Borrower owns the above-described real property. 6. This agreement shall remain in tull force snd effect until the loan described above ahall have been paid in full or ~ until twenty-one (21) years following the death of the last survivor of the undersigned, whichever first occurs. s ; o JGl~ ' ~ s~cxwTURe ; ~ Dated: 4;a~=T~r~~ ~ i ~ . ~ ~ SIGNATURE ~ err iC? j ~ ~-~r/t~ ~ ~ STATEOF ='~`_'RT~,:_ ~ yy~/~!' ~"/?7d9'- /J7 WITNESS~q) - ~ SS ~ City/County of ~ . ~ wITNESS ~ On this ~ l" day of }"r , 19~~ , ~ before me, the undersigned, a Notary Public in and for said City/County and State, personally appeazed = ' ~ r'~ i"_ _ Space below for recorder's use only rr ~ c e ~ '-a r': ? Y~ , his wife ry and ~ known to me to be the person5 ,who~e i~mes are sut~- " scribed to the within instN~el~t ~8nti~ aekn6wlQdged to f LEO AMO RECORDED me that they have executed; ~ie_same; aa thejr own i~.lUC1E COUNtr Fl~. fIOCFR POITRAS _ free act and deed. : ~ ~ CLftiK CiRCUIT COURT ~ = W NESS my hand and of~cial seal. " ~Fa~F~ED..._~___ J ~AN I Z ~ ~ 10 _ I , 1. ~ ~ . ; ~ ~ U~W~ ~ . . ~ .,s...._::. ~ s;• Notary Public in and for said Couaty and 3tate yn4L ?y c~ ~.,0 _ Q.. U aD v v~ V~; ~:~,~,f, . ~ -aa-~ i ~f. LGt.GC $ ~ - ~ - B~~1!( ~ FORM 706I10-771 ~ti - _ - - - ~ . . : ' " ~ . . . _ - _ , ~