HomeMy WebLinkAbout0420 .
4;~99'79
~ ~ reentent ,~ot ~o ~ncuiri~er or ~ran~f er ~ro~ertp
g
~tnob~ lall ARcn ~p ~htg[ ~Ctg[Il~g: Tha? U~~ t'nd~•r,i~;nc~d, hcn•inafter caUed the "Sorrowers," [or and
in conside~•atiun o[ ui~ ,u~n „f '!'F:N IX)!.L,VtS ~SIO.tN?? und ~ah~•r t;u~~cf .+~~d valuahle cunsiderations unto them in hand
paid, the reCeipt w~her~i is h~•n•by arknu~v!~~~t~;rd, and [ur ti~e pur~~se uf ~nduc~ng SCu8Tt NATIONAL BANK OF
Stuart, FIA. l'ritecl Statr; h:~nku~~• c~u-E~uratii~n h~•~~•~n.~!ter ceilicd thr "liank," to grant credit unto the
unde~igned under a prurniswry nute ~n thr princ~p:~l suiu t 8073.60 .~at~ 11/17/78
or to purchase from S~~t NStional Bank herein referred to as "Dealer;' the promissory note oi the
undersigned [or the sum of = 8073~0 ~~a~d 11 1~78 _ aad payable to Dealer. We
unders~ned hereby jointly and severaUy cuvenant, promise and agree as follows. to-wit: ,
1. So long as the notc hereinabove reterred to. or any ~x~rtiun thereot, ur ~ny extec~ioa or renewal thereot. and
also any and a11 other indebtedness o[ th~ Nurrowers, ur eitlier ot them, to said Bank, whether joint or sevenl. hen- `
totore or hereafter incurrcd, ot any natum whatscever, shatl remain unpaid, either before or after the maturity thereof.
the said Borrowers will du the tollowing things, to-wit:
la1 1'ny ~rmnptly wh~•n ~lue sll tir~ an~l wind~turm ineurnn~•~~ pr~vniumc, taxr., ati.~~.smrntr, duea ~nd charge~ ot every
kin~l iu~~~.~.~~d m Irriwl u~~~~o Ih~•n ~.•a) nml ~H~u~~nul p~.~p~~~ly priu~ Ih~~ thu~~ wh~+n NnY •urh Rnnu •h~ll bP
ru~nr. ~Irll~~~~u~•~it u~ lu ~In pUll, uu~l
Ib) I~rmnptly ~~.,y Nl~i•u dun ruy au~l ull aur~~a dur uhd ua~n~; uu .utY u~~~rtba~;r ur ulher cncu~ubrance un the pl'op
rrty hereina(ter d~•scribrd anJ w~ll uc~•cr sulter ur ~nn~~ any mun6agc I~ru ur cucumGrance t6ereon to become
detinyucnt ur gu u~lu defuult. -
2_ The Borrowers agree that they will not, without first procuring the consent in writ~ng of the said Bank here-
atter create or permit any~ lien or other encumDrance tu exist un their property, real or personal, nuw owned oc here-
a[ter acyuired by them including, but not limitKd tu, the proprrty hrreinatter described. ~
3. The Borrowers agrce that they shall not have the privilege, nor will they sell, transfer, assign, hypothecate. or In
any manner whatrver, disposc of the property, or any intere,t thrrein, owned by them, including specilically. but aot
limited to, the toCuwing rcal eslate situalr, to-veit: ~Descriptwn ut Yroperly_)
FHA Title 1 Lot 14, Block 159, South Port St. Lucie, Subdivision
~ j~c~ ~`:D ~:~CORDED'
' . ~^~,}?lTY. FL~.
~
f ' ~ . . +i~r~~~
~ . . ~ ~Qg`~9 ~
; -
' '79 ~l~~' 8 AM i i: 2 I
~ , so long as any indebtedness or obligation shall remain unpaid as heteinabove retetred to in Paragraph 1. g J~
4. If the Borrowers shall detault in any of the covenants. promises, and agreements herein contaiaed to be made. dau. T
~ and per[ormed by them, or if they ~hall attempt to transfer, setl, hyputhecate, dispc~.se of or encumber any o~ ~e~mpE~f.T-
~ o[ the BorroNen without first procucing the consent in writing o[ the Bank therefor, then in either or p~y~ i~vW¢~.,~ ~ J R
~ the 13ank may, in addition to any and all other rights which the Ba~ilc may have, declare fhe eatire'H~ ~ip~id~
~ principa! and interest of any such ubligations or indebEednesses tAen remaining unpaid to lhe Bank, due and paYable
iorlhw•itF? and shall, a; securily tor the payment thereof, havc a lien on al! of the property of the Boirowers. both real and
~ persunal, including, but not limiled to, the real estate hereinabove descnbed, which lien may be enforced by foreclosurt
g in the same manner as a mortgage may be enforced for default.
~ IN WITNESS WfiEREOF, the undersigned have hereunto set their hands and seals at _ Stl~rt .
~ County ut __.I''k?~11? , State of Florida, th~s 17 _ day of Nov. 19_~$
; ned, sealed and deli~•e in the presenrc uf: ? /
~ - - - - - - 1C~'`''~ ~l (SEAL)
~ / -
~ - - - - ~~L-
~ - - - ~ ~ ( Borrowers)
3 ~
~ STATE OF FLORIDA % '
y COUNTI' OF --.~~3.xi--- - _
~
~ EFORE ME, a Notary Pub(ic in -an~i fur the State o[ P'lonc'.a at Large, personally appeared
- ~ 1L ~ _ known to me to be the person(s) whose
name( ) is/are subscribed to the ethin instrument and acknowledged to me that he executed the same for the
purpuses therein exprrssed.
~ tVlTlt'ESS rr~Y h~nd and o[ticial scal al .Stuart__ County of Narti n ,
3
~ . .
~ St;~~t ni H'lorida. Ihis . _ _~17 _ _ _ day of _ ~ov. , 19.7~
a . _ . - _ _ /%l/j~ ns _ ~`i~'_ _ "C-l/c'Q~/
r - . ~ " - JC~(/GC~_ _ ?u~
: , =SS~} = . ~ (!~otary Yublic, State of Florida at I.arge)
~ - J - - - ~ - ~ DUU~ t~f L ~ ~ ~
; .'~p',~,~.~,.,= - !Ky Commission Expire , .
~ _ . . Illiy Commission Er~res kay fb, 1981
~ y A~tnus Frn i la~_e~. . -._..r
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