Loading...
HomeMy WebLinkAbout0277 39'~934 ~ NMENT OF RENTS AND AGBEEMEI~T NOT TO SELL ~ _ ASSIG OR ENCUMBEft REAL PROPEItTY • In consideration and as security for a loan made or purchased by 1 n r i r~ a~~ ~ a t ~n rt P i e rce (hereinafter called "Lender"-) which loan was made for the improvement of real property described below and is evidenced by a promissory note in favor of "Y`r)Po+ ~ 'T'y'~ul~ ~.~:d i.~~~.~~ ~C111 ~ ~I..~i '~1`C`~ (j8~ `ti nI^~1. 1~' ~ 19 7~ in the amountaf `Ts~ t'~%~ou~anc s1V~ ~':ur.dre~ c`',.?":C~ f`: s~ l, ~ DOuBIS(~ CS(~ "3~. the un ersigned, and each of them, (hereinafter called "Borrower") hereby covenant ~ee with Lender as follows: 1. The real property referred to herein is located in "z ~t' , City/County of , State of ~~^ri`-~~ and is described as follows: .rt ;:~iln~r{ ~ r~ "it~. 5~-~ =t:-^'-`-"--~' ' ":tr~ 2.CCOY'C~'_.•. i~ ~r.,_ , ~ +t-~••Y•nnl' ~ r~~^r:Y•~?oC? . _ i a{ ~r^~',~ ~ ~ . ~ ~ - ~;b' _c '~~cor~: . ~1' ~~3C^`~":%ll. . =r±---1 ^'~'•-~~=+:i r ^~^1'?CIc:, _ . ' 2. Borrower hereby assigns to Lender all moneys due or to become due to Bonower as rental or afherwise for or on I acrnunt 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 wikl not create or permit any lien or any encumbrance (other than those presently eziating) to ezist # on said real property and will not transfer, seil~ assign or in any manner dispose of said real property or any interest therein ~ without the prior written conaent of Lender; ~ 4, Lender ia hereby authorized and permitted to cause this inatrument to be recorded at such time and in such places as I.ender at its option may elect. 5. This agreement is expressly intended for the beneGt and protection of I.ender and all subsequent holders of the note described above. Borrower warrants and represents that Borrowet owns the above-described real property. 6. This agreement shall remain in full force and ei[ect until the loan deacribed above shall have been paid in full or until twenty-one (21) years following the death of the last survivor of the undersigne hichever ~rst occurs. SIGNATUR6 C ~ t~~ ~ i~/~~~ Dated: a ^r~ ~ ~ i;?J ` ~ " - - _ SIGNATURE STATE OF ~ --:'p i~-~~ t' SS WITNESS City/County of ; ;,;i ~ ; T' " WITNESS ~ ~ 1' y a T; 3_ !I . On this da of , 19 , ~ , ~ before me, the undersigned, a Notary Public in and ~ for said City/County and State, personally appeared ~ r r~ Z Space below for recorder's use only ~ ~ ~d C: ,=~.i , his wife i lED AMO RECoRDEO ~ S~.IUCIE COUNIY FLA. known to me to be the persons whose names are suh- AOCER POITRAS ~ .scribed to the witfii~.-ini~sumeut and acknowledged to c~ E=r. C,RCU~T CCUR ~ , . 3' i= ;;tF1~0 - ~ me that they ~iave~. ~xee~ted ~the same, as their own ~ free act and de¢d: ~ " - - ~ ~ ~ APpl3 9s3AM18 ~ w Tr~ss nly~handana-of5cial seal. ~ ~ ~ . 3599~4 :9; ~ . . . _ _ . ;~y Notary Public in an~ for said~ County and Sta~e " ~ ep~,,,~.v, . R-fp. 3-~ a- 8l ~ F- .~~i.Rn c.c. a, b 2~5 ~L: z~ ~ St , ~ c.c~ C ` FORM 706 (10•771 • ,