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Amount Financed S2 , 692. SO ~ N' L
Class G. •Tax X5.39 D Stamp $4.0 -
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y ~ 4'756'74
ISIS ~ ~ ~ • TllaL thZ ~.'iww.i,`~. L'd. 2ierClaafter cSllt:d the 'Bartowers-, fOt and is
ooadderation of the sum of TBN DOLLARS (>1i0.00) and otther flood and .aluable oowideratiom u~o them la band
ppssid, the receipt whereof b hereby acknowlsdged, and fort the lurpae o! inducing First Ns oval Bank
FORT PIERCE, a Pkarida banking oocptxation, here "Beak'. to gram eredt~ ~ t~e t~~gnsd
by ~o aid sevet;ariy covenant. pranbe and agree as follows. to-pits
L So as the note henlnabarre nfetred to. or any ~,~n thereof. a any exteasioa ac n~wal thereof. and
aboaayaadallother indebtednasofthe Baerowed, a either of them. to raid Bank. whether )ol~ ac rereral. hen-
tofon a heresiter incurred. of as rotate whstsoevu, :ball amain unpaid. a befate of after the maturity
thereof, the raid Borrower: wiU do ~ folio tn~ thing, to•wia
(a) Pay peomptly when due au flee and wciadstactn3atmance ppenetniuan. tsxw, aoe{rments. due: a~ charges of
every kkiiandd imposed a levied thetr nal sad perroaslpcopecty pttac tothe time when a~ such sums :hall
become delinqueu ac is defeat: ind
(b) Promptly pay when due say sad a~ sump dae and owing on any mortgage of other encumbrance on the prop-
ertyheniaafter described and will never rafter ac permit nay mortgage lien a encumbrance tbereen to be-
come delinquent a go laic default.
The Borrowers agree that they will not, without fim procuring the oomeat in wrtdag of the aid Bank hen•
aRer create a permit asy lien a other encumbrance m exbt oa their . nal oc 1, now owned a hen•
after aoqutred by them Including. but not limited to, the pcope ~«°~ia"~ter deuxibed.
9. The Boaowers agree that they:baII not have the pdv;llege. ~ will they sell. transfer, auiga. hypothecate. a
is asrr maaaer whace~er. dispose of the ptroperty. or any interest therein, owned by them. iacludiag specificsUy. but
not Hmited to, the following real elute situate, to•wits (Description of Property)
Lot #5, Block Sl Riverpark Subdivision Unit #5, plat Book tl, page 31
~ 3 •M~1gt~
/ NE ill IX SS 'C MTAIIOtILE PEgSONAt
MIISOANi TO ~Il11PTER 71-i3'il„ ACTS 0! ~
~ PaT~AS
so longg ~ a
~o~ sTia7Ltemain unpaid ss hereinabmre nfemd to is Paragraph 1.
~ If the Bcccowes: dsalldefault anyofthe covenants, promise:. and agreements herein contained to be made.
done, and performed by them. ac if they dull attempt to tramfet, sell. hypothecate. dispose of a encumber any of
the p~opertyof the Baeruwen without ftrst procuring the consent is writingg of the Bank thuefar. then in either oc any
of such events. the Bank may. in addition to sa~ and all other rights which the Bank may have. decLtre the emire
remaWng unpaid prfndpaland interest of any such obligations a indebtednesses then remaining unpaid m the Bank.
due a~ ppssyyab3e forthwith and shall. as security fog psymeat thereof, have a lies on all of the pe~oppeer~tt~~ of the Bac-
towen,botltnaland al,including,but not limited to, the real elute hereinabove described.-which Hea may
be enfoteed by face in the same manner a: s mortgage may be eaforcxd far default.
1N WITNESS WHEREOF, the undersigped have hereumo set their hands and bat - Ft_ Pierce
~~ty ~ St. Lucie ~ State of Florida. this i day of Feb ~ 19 80
Signed, sealed and aenverea in the p;
/ - Donald S, fSju~tt n (sE~')
Gladys MI~oFao~i -
I STATE OF FLORIDA St. Lucie
~ COUNTY OF
I
BEFORE ME, a Notary Public in and for the Sute of F1orWa at Large. personaIIy appeued DOnald S.
E _
& Gladys M. Sutton known to me to be the person(:) whore
~ asmes(s) V/are subscxibed to the within instrument and acknowledged to me that he executed the same for the
! purposes therein expressed.
WITNESS my head and official seal ate .r t_ Pierce ~ County ~ St _ Lucie .
.
° State of Fkscld:. this l nay ~ Feb. 1 0
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• _ _ ,~tM01ss1)I >ivlllk. ~9f $i? +141 ~i~
` 'I ~ My Commission E ire MY CCM~MISS~AN fJVlrf3 MAY- 23 19AS
S ~a, f: ~ Ifis - t11WElWUT~S
±T ~ - ~ ~ 4'756'74 `
f~. ~
-Vent was prepared by: Jackie A, Talamine
: First National Bank of Fort Pierce -
. ~:3 - 1980 fEB I I A!1 3~ 56
P.O. Box 970, 300 S. 6th St., Ft, Pierce, Fla. 33450
FILEO 1tND PECOt:UEO
SL LUC E COU?lTY.iIA.
RAG POiTRA5
CLERK CIRCUIT T
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