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~ Aa That the UndersirneJ. herelnaft~r calkd th~ "Borrowets", fot and tn '
~ considerationof the sum ~f TEN DOLl.r1RS ($10.00) and o:her ,ood aitd vzl;~able conslderations unto th~m in hand `
pald~ che r~ceipt whereof is hereby acknowledged, and iot t~c puipose of inducing First National Bank
fiOR'f PIERCF, a Florida bankin cor ratton her~~tn~fCe ca d the "Bank" to ~tant credi unto sh ndets d
under a promissory note tn tha pilncipal sum of ~ a 1~•~ ~ ~~fated ~
Ar i 1~~, 1~~ -
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21~~l~C~~~ "~dA~ tt3tx~, the unders[~ned h~re-
by Jointy and severally covenant~ promise and agtee as tollows, to-wit:
1, So long as the note hercinabovc refcrred to, or anypo rtion thereof, ar any extenslon or retiewal thereof, and
. atso any anJ allother indebtedn$ssof the Borrow~rs, or etther of therr:, to sald Bank, whether fotnt or sevcral~ fiere-
tofore or hereaft4r incurred~ of an}~ nature whatsoe~~~r~ shall remaln un~,aid~ cither bzfore or aftc~ the maturity
chereof, the said Borrowers w'll do the foliowing things, to•~it: .
(a) Pay prom~tly when due all fire and windstorm insurance premiums~ taxes~ auessments, due~ and chargea of
every kind imposed or levied upon their real and personal prop~rty p?tor t4 the tiine when any such sums shall
become dclinquent or in default; and
(b) Promptlypaynhenduz anyaii;l ~Ll sums due and owing on any mongage or ocher eneumbrance on the pro~-
~ ertyhereinafter descrlbed and will never suffer o: permit any mortgage iten or encumbranc~ ch2reon to be-
come dellnquent or go into defaul[. _
`l, The Borrowers agree that they will not~ without flrst ptecuting the consent in N~riting of the satd Bank h~re- i
after creace or permit any lten or oth~r enc~ambrance tu exist on their property~ real or personal~ now owned or here- ~
after acquired by them incl~idin~, b~t not llmited [o, ihe property hereir;after ~escribed. '
3. The E3orrowErs agree that they~ shall not ha~e the privilege, nor a•ill chey sell, r.ar.sfer, assign, hypothecate, or " ;
in any manner whatever~ dispos~ ~f the property, or any interest therein~ owned by them~ lncluding specificall~~~ buc
not Ilmitzd to, th4 follow~ing real estate situate~ to•wit: (Description of Property) '
_ East 16 feet of Lot 2, all of Lot 3 and ~Vest 24 feet of Lot 4, Ruhlman
Subdiv-i~ion, as per plat t{iereof on file in Plat Ilook 9, Page 55 of tlie
public records of St, Lucie County, Florida,
_ - _ . - - .3Yo 3 ooSG -~~3 -
so long as any indebtedness or obligation shall remain unpaid es hereinabove referred to in Paragraph 1. .
4~ if the BorroKers shalldefault in anyof the covenants, pramises~ and agreements herein coc~tained to be made~
~ donc~ and petformed by them, or if they shall attempt to transfet~ sell~ hypothecate~ dispose of or encumber any of
the propeny of the BorroW ers withaut ffrst procuringthe consent in aTiti~ ~g of the Bank therefor~ then in eicher or any ~
of such evenu~ the Bank may, in addition to any and alt other rights q~hich the Ban:c may have~ de~:Zare the e~tire
_ remaining anpaid Frin: ipai and interest of any sach obligations or indebtednesses then remaining enpaid to chz Bank.
due and paya+~le forthwith and shall~ as security for payment ther~of, have a_lien on 2?1. of the ~+roperty of the 3or-
rowers. both teal and peasonal, including~ hut not 2imited to. the real esta:e hereinabove described~ which lien may
be enforced b} fo?~~losure in the same manner as a mortgage may be enforced for default, :
` _ II3 ~l'IThESS 1VHEREOF~ the undersigned have heceunto set thetr hands and seals at Fo2't. Pierce >
.
County of St. Lucie ~ State of Flo~ida, this 29th day oi April ~ 19 7~
S[gned~ sealed anc+ deliverea in th~ pres~nce of: ~j ;
_ ~ ~ ~ J !~'~J f"?/ ~1~'y~`~ ~i ~L'-'
~ ~ ~ • Tho as E, iSElo ~~~~tSEAL)
- ~ r , ..u- t~ - SEALj -
~ . Frankie A. ~ Bisho
_ . (E3ortowers) p
r
t
ST~TE OF FLORIDA ST, LUCIE iSeal) ~
COUNTY OF - -
;
BEFORE ME~ a:~'o*_ary Public in and ior the State of Florida at Large. personally appeared Thomas E. ~
' Bisho and ~'ran~::e A. Bisho his ~vife ~ ~
P P•~ known to me co be chepe rson(s) whose ;
names(s) is/are subscribed to the within instrument and acknowledged to me that he executed the same fo: the
purposes theiein expressed. - .
_ ,
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~YITticSS my hand and official seal at Fort PierCe ~ Countp of - St. Lucie ~ '
State of Florida, this~th
da} of__ April y 19 ?5
~~V`~ ' • • + ~ I~•~ ~ ` G~ ~ ' -
••~~s• • '
•
: SEALf.r - - - (Notary Public ate o orida at rge) ~ _ ;
- ~c E
, ~ ~ ' Naia PuElic, 5taf~ of Flt~rtda aE Car ~ ;
- - ~ - ~-^'-'-'-i-^---- - My Commission Expirz3 ~ ~ '
c~ • :-~':J ~ ~a : .
_ _ y o ummiss~on ;:r n f
•;~U~~`v 1 ~ , ~ - - . ~
_ . • . ~
- F~ ,i' ~ ~~t= ~'.'-z:1RuED ~
ur.~ ~ F.lfu
S1. LUC~'; '.:;'..~H ~ Y FLA- ~
~'t~i~.in5~cum~tit: was prepared by: Shirley -J. McSwa in aG t:~:~"?~S
`:.'F'irst Natior_al Bank of Fort Pierce ~ GtE~< t;`:? C~uR7 ^y ~
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Address: Post Office Box 97~ - f': ;
Fort F'ierce, Florida 33450 . ~ ~~Y ~ ~ ~~J
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BJOK~~~ ~',1G: ~74 ~ ~
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