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HomeMy WebLinkAbout1121 4:341gi t L ~ `T ~ Not To E,~u~~lf,~, o~ T~ou+e~, p~op~y ~9 E • ~ ~ v_~~ ltiw ~ ~ ~ 1~ ~ That the UndetsiRned. hereinaher called the "Borrower". for and in considerationof the sum of TEN DOLLARS (110.00) and other stood and valuable considerations wtm them in hand paid, the receipt whereof V hereby acknowledged. and fa the purpose of inducing First Npatjonsl B~an~k FORT PIERCE, a Fbrida banking oorpotation, here~ta~~~anesl the "Bank'. to g<a daed t ~eDtruRear~Y 13', 1979 under a promLsory torte in the principal sum of i 1 US the underigned e- by Jolat y and severally covenant. prombe and ag~tee u folbws, m-suit: ~ 1. So bag as the note herelnaboa?e referred m, a way p~tiq~ thereof. a any extetuion or renewal thereof, and also any and another indebtedneaof the Borrower, oe either of them, m said Ban{c~ whether )Dint or several. here- tofore whereafter incurred. of anY nature whataever, Shan remain unpaid, either before or after the maturity thereof. the said Borrowers win do the folbwing things. to•wltt . (a) Pay prom ly when due all fire wad wludsto~rm-ituuraace pprremiums. taxes, asse~smeaa. dues and charges of every kind imposed a levied upon then real and persatalptoperryprlatothetime when any such sums Shan become delinquent ac in default- and (b) Promptly pay when due way and ail sutns dtte and owing on any mortgage or other encumbrance on the prop- erty hereinafter described and wiU nevei suffer or permit any mortgage lien or encumbrance thereon to be- come delinquent a go into default. 2. The Borrower agree that they wtn not, without first procuring the consent in writing of the :aid Bank here- ahercreate apermit way lien ac other encumbrance m exist on their ppccooppeeeettyy, real of personal. now owned or~ here- - whet acquired by them including. but not limited to. the rty 6ereinaftu desatibed. 9. TheBarroweragreethattheyShantort have the privi ege, nor will they sell. transfer, assign. hypothecate, ar in any manner whatever. dispose of the property, of any interest therein, owned by them, including specifically. but not llmiced to. the following real estate situate, to-wits (Description of Property) . Lot 3, Block A, Harmony Heights Addition, Number 5, as recorded in Public Records in Plat Book 10, Page 34 of St. Lucie County, Florida. so longg as any indebtedness or obligation span remain unpaid as 6ereinabove referred m in Psragraph 1. 4. If the Borrowers shalldefault nwayofthe covenants. promises, and agreements herein contained m be made, done, and performed by them, or if they shall attempt m transfer, sen. hypothecate. dispose of at encumber any of the property of the Borrower without first procuring the consent in writingg of the Bank therefor; then in either or any of such events. the Bank ttuy. in addition to anp and an other rights which the Bank may have. deeLre the entire ~ remaining unpaid principal and interest of any such obligations or indebtednesses then remaining unpaid m the Bank. due and pa able forthwith and shall. as security for ppaayment thereof, have a lien on all of the property of the Bor- rowers, both real and personal, including. but not nmited to, the real elute hereinabove described, which lien may be enforced by foreclosure in the same manner u a mortgage may be enforced for default. 1N WITNESS WHEREOF. the ut~derig<ted have hereunto set their hands and seah at Fort Pierce County of St. Lucie ,State of Florida, this lath day of FPhrttary , 19 1~ t Signed. sealed and delivered in the pre nce of: • t . / _ ~ ohn C 3~n I field EAL) _ .C ~ -!tom i~/'C h (SEAL) (Borrower) Joyce M. Crankfiel ,his wife STATE OF FLORA Lucie COUNTY OF John C . BEFORE ME, a Notary Public in and for the State of Florida at Large, personally appeared Crankfield and Joyce M. Crankfield, his wife (mown to me to be the ppeerson(s) whose nsmes(s) b/are subscribed to the within instrument and acknowledged to me that he executed the ume for the , purposes therein expressed. - WITNESS my hand and official seal at Fnrt PiPrr_P ,County of ~,1' T-~~C1p ~ State of Florida. this 13th ~+ay of February , 19 .1~. ~ (SEAL) ~ (Notuy Publl t of Fbri af~Ly~?/r~~ge)y My Commission Expires , _s. y . ' t . - This instrument vras prepared by: Shirley j. MCSwain ~ ' - ~ ~ First National Bank of Fort Pierce , 0~~ s Address: Post Office Box 970, Fort Pierce, Florida 33450 ~ 3 t~EQ r`JD RECORDED ~GU"iTY. F~~. i _434141 79 FE3 15 AM 9.34 l.~J 0 3t~ 1120 ~ _ - g00!(