HomeMy WebLinkAbout1216 • 903 ~
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~greernerit ,dot ~o ~ncum~er or ~ran~cfer ~ro~ rtp
~tn01n ~l[ ~[en ~p IILt1t~t ~eeg~ntg: That the t,'ndersignea, hereinafter called the "Borrowers," for and
in rnnsideration of the sum of 1'EN l~t_L.11tS ts10.Ubt and other ~,wd and valuable considerations unto them in hand
paid, the rece,pt w•her?~,1' i. h.vrby arknuw•Ir~i,vd, anA G,r the WirtNUr of indurinl; Stuart NATIONAL BANK OF
Stt181t, Fla. United States b.u,ku,K c,?rpuratiun h.v~•u,.dter called -the .°Itank," to grant Credit unto the
undersigned under u promi+sury nut.• u, the principal sum-uf ~ 6155.40 ,dated 2/5/79
or to purchase from SLUdrt na~totl~l Bank herein referred to as "Dealer;' the promissory note of the
undersigned for the sum of =~1$~0--. - ,dated and payable to Deaki. the
undersigned hereby jointly and severally covenant, promise and agree as follows, towit:
1. So long as the note hereinabove referred to, or any portion thereof, or any extension or renewal thereof. and
also any and all other indebtedness of the Borrowers, or either of them, to said Bank. whether joint or several. here-
to[ore or hereafter incurred, of any nature whatsoever. shall remain unpaid. either before or after the maturity thereof.
the said Borrowers will do the following things, to-wit:
(a) Pay promptly when due all fire and windstorm insurance premiums, taxes, assessments, dues and charges of every
kind imposed or levied upon their reel and personal properly prior to the time when any such auras shall be-
come delinquent t?r in default; and
Ib? 1'rnmptly pay wh?•n due any and „11 wn,s due and uwn,K un any n,urlXage ur other encumbrance on We prop-
erty hecelusflrr drx•rlbrd and writ u,•ver suffer or ta•nu,l uny murtgnge Ilea ur cncun,hrrnce lhernon to becunte
delinquent or go into default.
2. The Borrowers agree that they will not, without first procuring the consent in writing of the said Bank here-
after create or permit any lien or other cncun,Drance to extat on their properly. real or personal. now owned or here-
after acquired by them including, but not limited to, We property hereinatler described.
3. The Borrowers agree that they shall not have the privilege, nor will they sell, Transfer, assign, hypoWecate, or in
any manner whatever, dispose of the property. or any iaterr.t therein, ownctl by them, including specifically, but not -
litnited to, the following real estate situatt, to-wit: (Description of Property.)
Lot 13, Block 106, Section 27, St. lucie County, Port St. Lucie, Fla. As recorded
in Plat Book 14, Page 5, 5A-51, of the public records of St. Lucie, County, Fla.
~ -
so long as any indebtedness or obligation shall remain unpaid as hereinabove referred to in Paragraph 1.
4. If the Borrowers shall default in any of the covenants. promises, and agreements herein contained to be made, dolae.
and performed by them, or if Wey shall attempt to transfer, sell, hypothecate, dispose of or encumber any of t~ properly
o[ ti?n Borrowers without first proctiting the consent in writing o[ the Bank therefor, then in either or any of ch events,
the Bank tray, in addition to any and all other rights which the Bank may have. declare the entire remaining unpaid
principal and interest of any such obligatiotu or indebtednesses then remaining unpaid to the Batilt, due and psyable
forthwith and shall, as security for the payment thereof, hsve a lien on all of the property of the Borrowers. both real and
personal, including, but not limited to, We real estate hereinabove described, which lien may be enforced by foreclosure
in the same manner as a mortgage may be enforced for default. $tUdrt
IN WITNESS ~VHEREOF, the undersigned have hereunto set Weir hands and seals al
county of _ Martin State of Florida, this day of Fph 19~.
Signed, Baled and delivered i he presence of:
AND RECORD ~ - )
A ~O~ (Borrowers
• STATE OF FLORIDA X19 CCD'3' S ' - 32
COUNTY OF Martin fl_D~
BEFORE ME, a Notary Public in and for We State of Florida at Large, personally appeared ~ ampe and
~ !}t T _ _ known to me to be We rson(s) whose
El i zabeth V ~ ` f ~ • - ce
name(s) is/are subscribed to We ~?'1 ~ rit an a~owledged to me Wat he executed We same for the
purpaises,~h4cein expressed.
~+i rtin
,••~~;~~~,Pl~;,~!d and official seal at ---Stuart County of Ma.
- ~~r~~
~
• --r~fate~ Flor~a'rtA~' + -day of - --FP.b 19~
= ,
~ - Ie
of Florida at Large)
~ -i (SI~I. ; 7 (Notary ublic,
-"~!-~T •~j ~ ~~5 My Commission Expilets it, Statx of Na+da at :a,~~ .
; . My Cota.~niss'tott Expires Y
a..a.~ k /~..;cas l.~ S cu+rla Gvn~
~n_ .