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K~ da That the Undersi~ned, hereinafter called the "Borrow~ers". fbr and in
cunsidetationof th~ sutn uf TEN POLLARS (i10~00) and other good and valuable constderattons unto them in hand
psid~ the te.eipt whereof 1~ hereby acknowledged, and for the p«rpose of inducing First National Bank
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ORT PIERCF.~ a Florida banking carporation, he:etr~t~e~c~d the "Bank"~ to granc uedit unro the underi[gned
uiidcr a ramissor notc in the prlncipal sum of 3 • dat~d _
xxx~};xxx.
~ , ~xt}~A~~{,~Y~~ ~v~~(~3C~YyQ,7~qy,7~,;YYYYYYYYX~~`~s~Lo[oc~tat, the un8ers~gned herE- .
, by~Jointy and severally coveiiant~ ptomise and agree as [ollows, to-wftt r s
1. So long as t;~e note herei~above referred ta, or anypo rtton thereof~ ot any e~ension or renewal thereof~ and
a;soanyandallother indebtednessofttie Borrowers, or etther of them~ to said Ban~c~ whether jolnt or several~ hzre- _ `
tof~re or her~afte.r incurred~ af an nature a~hauoever~ shall remain unpaid, etther before or alter the maturity ~
thereof. the sald Borrowers wll~ do the following things, to-witt
(a~ Pay promptly when dua all flre and wf,ndstotm insurance premiums~ taxes~ assess?nents, daes and charge~ of :
every kin~l lmp~sed or levled upon their real and personal proPerty prtor to the timc when any such sums sha11 - ~
ternme deltnquent or in default; and ~
_ (b) Promptly pay when due any and all sums duc and owing on any mortgage or other encumbrance on th~ prop-
ertyheteinaftsr described and will aever suffer or pe~mit any moctgage lien or encumGrance thereon to be-
coma ~elinquenc or go into default. - -
2, Thc Borrowers agree that they will ~ot, xtthout first procuring the cor_sent in wTlting of the said Bank here-
after create or permit any lien or other encumbraace to exist on theit property~ real or personal. now owned or here-
after a.quired by them including~ but not limited to, the property hereina[ter oescribecl. -
_ 3, 1'he Borrowers agree that they shall not t~ave the privilege, aor ~vill chey sell~ transfet~ assign~ hypothecate~ or
in an~+ manner ~vhatever~ dispose of the property, or any [nterest thPrei~, ~wned by then~~ including speclficaily~ but
~ not Iicnited to~ th~ fu~o~~•fng real cstate sttuate, to-wit; ~Description of Property) _
Lot 13 Block N, Maravilla Lstates ~ •
_ ~y ~ / -.~'o~ ~ 0 3~~ - opo~9~~ - - _
_ so long as any indebtedne~ or obligation shall remain unpa;.d as hereinabove referted to in Paragraph 1. ~
- ~f the Sorro~~e:s s~alldefault in anyof the cyvenar,ts, F:~mises~ and agreements herein contained [a be made~
' donc~ andperformedby them, or if they shalt attempt to transfer, sc1, hypothecate~ dispose of or encumber any of
the property of the Borrow~ers without first procuring the consent in RTltin of !he Bank therefor~ then iu either ot -any
of such events~ the Bank may~ in addition to ~ny and all other rtghts w~ich the Bank may have~ deelare the entlre
remaini~g unpaid principal and interest of any such oDligations or indebtednesses then remainin~{ unp~id to.the Dank,
- due and payable fonhwith and shall~ as security for payment thereof. have a lien on all of the property of the Bor- r
row~ers, both real an~ personal, including~ but not llmited to~ the real estate hereinabove descrlbed, which lien may
be enforced by foteci~sure in the same manner as a mottgage may be enforced for default,
IN :VTI'hGSS ~ti'HEREOF~ the undersignzd have hereunto set their hands and seals ac Fort Pierce
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- --St Lucie 18th - April 75 - -
Councy of- ' _ ~ S;ate ot Flor[da, chis -ady of . 19 -
5igned. sealed and delivered in [he p esence of:
(SEAL) -
_ ~ I ' ~ c ha d A. Hol ~e~~~/~
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. ~C~,'7~tQ~~ ~ ~.~~K/YY~Qn~ (SEAL)
, v ~ Pamela R~`imv~krrzes :
STATE O~ FLOR[D~ St. Lucie -
C:
~UNTY OF
BEFORE ~iE~ a\otary Publlc tn and for the Scate of Florida at Carge~ personally appeared Richard A. ;
_ Holtne s and Panzela R•abin Holmes known co me co be the perso::(s) whose -
- names(s) f$/are subscribed to the within instrumeRt and acknowledged to me that he execu.ed the same for the
_ purposes therein expressed. ~ - _ '
~VI'CNESS my hand and official seal at_ Fort Pierce , County of St. Lucie ~
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Sta~e,ofi;F~qKida, this 18th day~ of_- April 19 75
J /1
~ ' +4 C'i~,!~ /,V _
~ (SEAp)~~ (Notary Public~ Stace of Florida at Large) :
_ - - : ~ Notary Public, State ot. Flarida at Large - -
- . ~u" My Commis:ton Expires : ~p+ f976
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I_ ~ ' _ . iI~E~ c..~:;::~'3ED _ ;
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:t:`•.: _ ~T. ~U,_i~. '_^~.~iTlr Ft~. s
?'hu inscrument was prepared by: I~iancy G. Srnith :+jPAS 1~'
~1.~=~ ':I~ ^(~:~RT ~ i
Address: First I~Iational }3ank of Fort Pierce E
P. O. Eox 97Q . ~ ~3ar 1 12 ~ _ '
Fort ~'ierce, Florida 334~0 ~ - _ - ~
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