HomeMy WebLinkAbout0979 4s~9os
~ ~
~ ~ ~ Not To o~ T ~Op~y ~
~ ~9
y ~ ~ ~ ~ ~ That the UndeniRtted. hereinafter called the "Borrowers". for and 1n
consideration of the sum of TEN DOLLARS (=10.00) and other Rood and valuable considerations unto them in hand
paid, the receipt whereof it hereby acknowledged. and for a purpose of inducing First National Bank
FORT PIERCE, a Florida banking corporation, hereinaft~Be~libi~the "Bank", to grant crediI wtto tl~,ptM~~ed
under a miss note in the ci 1 sum of i 3s dated NOV. yy iy
by )Dint y and severally covenant. promise and agree u follows. to-wit:
1. So long u the dote hereinabove referred to, a any portion thereof. ac any extension or renewal thereof, and
alto any and another indebtednessof the Borrower. or either of them, to said Bank, whether Point or several, here-
tofore or hereafter incurred, of an • nature whatsoever, shall remain unpaid, either before or after the maturity
w' ereof, the said eortowen w!ll do ~e follbwing things, to-wilt
(a) Pay promptly when due all fire and windstorm insurance premiums. taxes, asse{sments, dues and charges of
every kind imposed or levied upon thetr real and persona property prior to the time when any such sums shall
become delinquent or in default; and
(b) Promptly pay when due any and an sums due and owing on any mortgage or other encumbrance on the prop~
ertyhereinafter described and will never suffer or permit any mortgage lien or encumbrance thereon to be-
come 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-
aftercreate orpermit any lien a other encumbrance to exist on their property. real or personal. now owned or here-
after acqutred by them including. but not limited to, the property hereinafter described.
3. The eortowen agree that they span not have the prtvi el ge. nor will they sell. tratufer, assign. hypothecate, or
in any manner whatever. dispose of the property, or any interest therein. owned by them, including specifically, but
not limited to, the following real estate situate, to-wit: (Description of Property)
West 21 ft. of lot 8 and all of lots 9 & 10 less and except the west 40 ft, of
lot 10, Totten's Sub.
so long as any indebtedness or obngation shall remain unpaid as hereinabove referred to in Paragraph i.
4, If the Borrower shandefaultfnanyofthe covenants. promises, and agreements herein contained to be made.
done. and performed by them, or if they shall attempt to transfer- sell. hypothecate, dispose of or encumber any of
the property of the Borrower without first procuring the consent in writin of the Bank therefor. then in either or any
of such events. the Bank tray. in addition to any and all other rights w~ich the Bank may have, declare the entire
remaining unpaid prlttcipal and interest of any such obligations or indebtednesses then remaining unpaid to the Bank.
due and payable forthwldt and shall. as security for paytnent thereof, have a nen on an of the property of the Bor-
rowen.both real and personal. including, but not limited to. the real estate hereinabove described. which lien may
be enforced by foreclosure in the same manner as a mortgage may be enforced for default,
IN WITNESS WHEREOF, the undersigned have hereunto set their hands and seah at Ft. Pierce •
County of St . Lucie ,State of Florida. this 29 day of NOV . 19 79
d. sealed and delivered in tie presence of:
r Lon F. Parsons
(SEAL)
e
(Borrowers)
~ STATE OF FLORIDA
COUNTY OF St LLCie
I
~ BEFORE ME• a Notary Public in and for the State of Florida at Large. personally appeared
Lon F. Parsons known to me to be the person(s) whose
names(s) is/are subscribed to the w[th[n instrument and acknowledged to me that he executed the same for the
purposes therein expressed.
WITNESS my hand and official seal at Ft, Pierce • County of St. Lucie •
a State of Fbrida• this 29 day of NOV. 19 ~ ~
, ~ci CL~?-tCsuJ
"(SAL) Notuyy Public. State of Fbrida at Large)
1~1~T~1t1~ il?IIIC STATE Cif i(~p~ ~ LA~~ _
My Commission Expire
BO~fD t1?R4) C#Nf~l1l INi . ~RWy~
~ _ .l:
1
ackie Talamine
This instrument was prepazed by: J ~ Z
t = in Payment Of Taxes
Address: First National Bank of Fort Pierce F-.,.. veo • 1 P~h~
P.O. Box 970, Fort Pierce, Fla. 33450 ~i~e On Class "C•• in~rq' iP~1.
t Purwt.M To C ~
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