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Home My WebLink About0316 ~ ;.~~s~ss ~ ~ _ `f Ag Not To o~ Ti~uu~ p~o ~ That the Under~iAned. hereinafter caUed the "Borrowen". for and in constderation of the sum of TEN DOI.LARS (i10.00) a~d other~ and vatuable cortsideratlons unto them in haad psid~ the receipt whereof u hereby ackaowledged. and for e purpo:e of tnducing First National Bank FORT PIERCE, a Plorida banking oorporation. her~~~called the '~ank", to g~rant aedit J~nco tpe Yadersi~e~ under a promissory note !n the ct 1 sum of i~• G ~ 1 b dated A pr i 1, the undertigaed hece- by )ointy and ~everally oovensat, pcomise and ag~ree as foUopn~ to•wits So long as the note hereinabare reterced to, or anypor~on thereof. a any entension ' or renewal thereof~ and also any and aU other indebtednessof the eore~owen, or e~ther of them. to ssid esnlc~ Mhether foint or seversl. here- tofore or hereafter incurred, af aa 3• aature Mhatsoever. :hall remain unpaid, either before ot after [he maturity ~hereof. the ssid eorrowers will do the folbMing things. to-wits (a) Pay ptomptiy w6en due aU fite :nd wlndtorm insurancepremlums. taxes. aaessments~ dues and chatges of every kind impoaed ot levted upon their real and persoc~alproperty prior to tbe time when aay such sums shall beoome dellnquent a in default; and (b) Promptly pay when due any and all sums due and owing on any matgage or a6er encumbrance oa che prop- ~ ertyhereinafter described snd wlll nevet suffer or permit any mortgage liea a encumbrance t6ereon to be• come delinquenc or go into default. 2. The Borrowen agree that they will not~ without first procuring the c;onsent in writing of the :ald 8ank here- after creace or permit any lten aother eacvmbranc~ to exist on cheir per[y. real orpe nonal. now owned or here- aftet acquired by them including. but aot limited to. thepcoperty ereinafter described~ 3, The Borrowen agree that theyshall not have the ptivtlege, nor witi they sell. transfer. ass[gn. hypothecate. or !n any maaner whatever. dispose of the property. or any interest thereiq, owned by them~ including specifically~ but na limiced to. the following real estate sicuate, to-wit: (Description of Pcoperty) Lot 121 of SHERATON PLAZA, UNIT TWO REPLAT, according to the Plat thereof as recorded in Plat Book 16, at page 2 of the ~ Public Records of St. Lucie County, Florida. Subject to restrictions, reservations and easements of record, zoning and other regulatory ordinances. so long as any indebtednest or obllgation shaU remain unpaid ss hereinabove referred to in Pazagtaph 1. 4, If the Borrowen shalldefauitinsnyofthe rnvenanu. Qromises~ and a~eements herein contained to be made, done, and perfoimed by them. or if they shall attempt to transfer~ sell. hypothecate. dispose of or encumber any of the property of the Botrowen without Hrst procuringthe consent in aritlng of the Bank ttierefor. then in either or aay of suc6 events. the Bank may. in addition to anp and all other righu ahich the Bank may have~ deelare the entlre remaining unPaid principal and interest of any such obligadons or. indebtednesses then remaining unpaid m the Bank~ due and payable forthwith and shall. as secvrity focpa ymeat thereof. 6ave s lien on all ~f t6e properry of the Bor- rowen. both real and penonal. including, but not limited to. the real escate herelnabove described. which lien msy be ereforced by fotecloswe in the same manner as a mortgag~ may be enforced for default, IIV WTfNESS WHEREOF~ the undenigned have hereunto set thetr hands and seals at _ Fort Pier ce ~ County of St. Lucie ~ State of Florida~ chis 1 1th day of '~Aril ~ 19 78 + Signed~ sealed aed delivered in esence of: ~ , - ~ (SEAL) . Nat nie ent . , Q-~''~L' _~c~~l~Z2_st.t~_ - (SEAL) ~nower~is wife " Minnie M. Ghent , STATE OF FLORIDAst_ Lucie - COLNTY OF ~ ' BEFORE ME, a hotary Publlc tn and for the Stue of Florida at 4rge. personsUy appeared Nathaniel Ghent and Minnie M. Ghent, his wife known co me co be chepenon(s) whose names(sj is/are subscribed to the with[n insuument and acknowledged to me that he executed the same for che purposes theretn expressed. WiTNES, my hand and official seal at Fort Pie rce ~ Co~iy pf St. Lucie ~ Stace of Florida. this Z 1th day of April 19 ~g • ~ . -r (SEAL) (Notary Pub . S of F a ac Large) : ~ ~ l f ' My Commission Explres - N~T~ ~K ~T~~ ~R~A A~~~ ~ ~ ~ Mr COAMNSS~ON EXFtRB ~'-{~Cr- 31T!v»c c_ ' bONDfD TMRU Gt1~RA1 WS . lJbt7~~t RS . ~ . , ^/r -p t?~` ~ ~i , t: This instrument was prepued by: First Na.tiOt181 Bank of Fort Pierce ` Shirley J. McSwair~", Post Office Box 970 ~ Add~ess: Fort Pierce, Florida 33450 ~ 7 ` ~ i lE0 ANO RECORDEU ~c ' ' ~oNwd ~ ~K Of Tap~ ~IIC~E COUMTr ft~. - aq ~l4CE~ POITR~S Ow On CNis "C" M1~p~l~py~,~1 C'_EPt. ~•k`~E? COUa h+rwant TO C n.aas ~t, ts~. ~?~cu a t~t. . t' j ~ APP I 3 I I 3s AN'~~ ~ c~~ r.~. s~. i.~.,, c~,. i . , ~;~~955 ~ T . $a~2~35 PA~E 312 _ _ _ ~ s_~ _