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HomeMy WebLinkAbout1068 , ' ~ 1t~0~ft'!~ ~6~ ~0 ~1t~ ~i~ ~1rd ~ ~ ~ . ~ n~vw la~C Thtt the UndsrslRnEd, hereinafter called the "Borrowers"~ for and in ~ con~ideration of ths ~um of TEN DOI.I.ARS (a10.00) and other good and valuable considerations unto them in hand xid, the receipt whereof b hereby acknowledged~ and for the pur~sc of tnductng Fir3t National Bank ~ s ORT PIERCEf a F1~ridA banking cotporation~ hero s ea d thc ' Bank". tu ant credit unto the under i~ned under a pmmissoiy note in the pcinci al sum of i~~~~• ~ daced June 3, 19~5 ~ , , tha undersigned here- j . by ~ointy and severally covenant, pcamtse and agree at folbws, [o-witc : 1. So long as the note hereinebove referted to, .n anyportion thereof~ or any extenston or renewal thereof. and ~ ~ also any snd allother inw~btednesaofthe Borrower~, or either of them. to sald Bank. whether ~oint or several~ here- tofore or hereafter incu~ted~ of an nature whatscever, sh~ll remain unpaid~ eithsr befote or after the m~t?utty thereof. the said Borrow~n wiil do the following thing:, to-wit: (a) Pay promptly when due a1l fire and wind-storm insurance premiurns~ taxes~ auessmenu. dues and charges of - evety kind imposed or levied upon thetr real and penonal property prior to the tiine when any such ~ums shall become delinquent oc in defauLt; and ~ (b) Pramptlypay whendue anyand all sums due and owing on any mortgage or other encvmbrance oa the prop- aftyhereinaf:er descdhed and will never suffer or permit any mortgage lien or encumbrance thereon to be- ~ come dellnquent or go into default. ' 2. T~e Borrower~ agtee that they will not, aithout ftrst procui[ng the oonsent in wrtting of,the ssid Ban}c here• ~ after cie~te or perinit any lien orothei encurnbrance to exist on their perty~ teal orpenonal. now owned ar here~ - after acquired by them including, but not limited to. the_ property ereinafter described. 9, Thz Borrowen agree that they ~hall not have the privilege, nor will they sell, qansfer~ asaign~ hypothecate, ot ~ in any maaner whatever~ dispose of the property, ot any interest~ therein~ owned by them. ineluding specifically~ but not limited to~ the following eeel estate sltuate~ to~wi4 (Description of Property) ~ 3403 805 0085 000 6 Ruhlinan Sub Diviaion Block 5, Lot 1 and ~ - ~ y~j ~a ~ ~ . . ~ p. ~ 34 Ft. of Lot ~ ~ ~ ~ - ~ ~ ~ 3 ~a 3 - ~d~~-- oa ~~s =~o - : ~ ~ ~ $ . ~ 3Q98~5 ~ . ~ _ , - . _ . z~ ~ so long ~s any indebtedness o~ obligation shall remain unpaid as hereinabove refened to in Paragraph l. C'~ 4. ff the Borrbwers shalldefaulcinanyofthe covenanu, promises~ and agreements herein contained to be made. ~ ~ f ~ done, and performed by them, or if they shall atten:pt to uan:fer, sellT hypothecate. dispose of ot encumber any of ~ ~ the propetty of the Etorrowers without fint procuring the consent in writin~of the Bank thetefor; then in eicher or sny ra'e ~ of suc6 evenu, the Bank may~ in addition to any and all other righu w ich t6e Bank may have, declare the entire remaining unpaid prtncipsl and interest of any such obligatlons or indebtednesse3 thea remaining unpaid to the eank~ ~ due and payable forthwith and shall, as security fot payment thereof~ have aZien on all of the property of the Bor- : p ~ mwets~ bothreal and personal~ including, but not limlted to, the r2a1 estate hereinabove desccibed~ which llen may ~ be enforced by foreclosure i~ the same manner as a mortga~e may be enforced for default. - o~ ~ IN ~YI'~NESS WHEREOF~ the undersigned haye hereunto set their hands and seals at Fo7Ct Pierce ~ County of St. Lucie ~ State of Flort~a~ chis 3rd . day of ~ June - ~ 19 ~ ~ ~ . Slgned, sealed and delivered in t presence of: ~ , !I . L• AL) s ~ - ~ ~ L; , . - ck D Boz a _ ~ / ' • (SEAL) ~ _ - _~f' , ristine C. (aorrowe Bozema.n _ STATE OF ELORIDA ST. LUCIE COUNTY OF 6EFORE ME~ a Notarjr Public in an~ for the State of Florida at Large, peraonslly appe:red Mack D. - _ $ozeman and Christin~ C Bozema.n,: is ~tife - known to me co be theperson(s) whos~ _ r.ames(s) is/are subscribed to che within insuument and acknowledged to me that he executed the same for the - purpoies theretn expressed, _ - - - . i: ~ WITNESS my hand and official seal at Fort Pierce ~ County of St T,ucie ~ . ~ ~ , ` ~ ~ Staie of loiid~i, this 3rd day of Jttne 19 ?5 ` c~E~ , _ ~ ~t s ff~i _ ~ ~ ~ ~i J L ~ ~ _ J • d - (Notarq Public, S e of rida at rge) . -'~,:~~'~T ~ Nofary Pub!ic, Stata of Florlda ~t CAr'ga - ' - . _ + , _ u F C-._ _ ; My Commission Expires - - _ es u~ - - ~ I97~ - ` p ~ ' ~ ~ . ~ - ; - . ' . y, ; . D _ ~ . • ~ , _ . O~ ~ t _ . ,:~i j,~l~~:' _ ~ . Thi~'insttuinent wu prepared by: Shirley J.. McSwain RfCE1VEb l L ~ First National Bank of Fart Pierce PU~~S ~ ~pr,~ IM. p,~TM _ \e~~ddr~ss: iQ ~ ~ ~F' ~7 ~ Post Office Box 970 ~R _ ~ - Fort Pierce, _Florida 33450 Ct~~T~~~A ~lr~.~'~ lyjl~ o~ ~ ~ - - ~ST, ~~E t~p ~1lc - ~ ' ~~.n o , , ~ ~ - v v~r~o rd? - E~iG p o caj w _ . . ~ 0. 4 ~r . =Wwc.aw - <vv,4> ~ - W J«[Lp ' ~N V ~ ~ U~~ • ~ ~ t - '