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Home My WebLink About1069 ~ ~ 3~~~~.~ ~ ~ ~ ~e~e~t No~ To o~, Tnana I~n,o ~ ~ ~ _ ~ ~ ~ ~ Th~t the [JnderslAned. hereinaftec called thc "Bor•owers". for and in ! consideratlonof the sum of TEN DOI:LARS (310.00) and other good and valuable considerations unto them in hand paid, the raceipt whereof b her~~by acknowledged~ and far tbe purposc of inducing Firsk National Bank ' ' FORT PIERCE, a Florida b~nking corporation~ herE a gr ca}~ d the "Bank"~ to grant credit unto th unde ~~i ed ` u~[ der a iu~~o~r,y~ ote in the rinci al sum of ~~.a..~y3• daxed June 1~75 ; ~d4~S~~~'~C6~~Q'°cx7UO~cxx~ ~l~tLe ± ~,pQ~ ~ the undenlgned here- ~ - by Jointy and severally covenant, ptomise and agree as follows, to-wit:. . 1, So long As the note hereinabove refetred to~ a anyportion thsreof~ ar any entension ~r renewal thereof, snd alsoanyandallother indebtednessofthe Borrowen~ or eithec of them~ to said Bank whether Jolnt or several~ here- cofore or heraafter incuned, of an nature whatscever~ shall remain unpaid, eit~er before or after the macuricy ~ thereof~ the said F3orrowers wlll do th? following things. to•Ritt (a) Pay promptly when due all fite and windstorm insurance premium~, taxes, aaeuments~ dues and charge~ of ~ ~ every kind imposed or levied up~n thetr real and personal property prior to the time when any such sums shall berame delinquent a in defautt; and (b) Promptly psy when due any and all sums due and owing on any mortgage or other encumbr~nce on the prop- zrtyhereinafter desctibed and will never suffer or permit any mortgage lien ur eacumbrance thereon to be- ' come delinquent or go into default. . ~ 2, The Bonoaers agree that they will not. without first procuring the oonsent in wciting of the said eank hete- ~ i after create or permf.t any lien or other encambrance to extst on theQ property~ teal or.penonal, now owned or hete- after acquircd by them ineluding, but not Limited to~ the property :~ereinafcer deseii6ed, 3. The Bonowers agree that theyshallnot have the privilege, nor will they sell, aansfer, assign, hypothecate~ or w ~ n any manner whatever, dispose of the property, or any interest thereln, owned by them, including spectfically~ but ~a limited to~ the following real estate sttuate~ to wit: (Description of Property) ' " . ~~~'~rom the intersection of the center line of Oleander Avenue and Sixth Street, - ~ y,a,VYhite City, run East 760 feet for point Qf beginning; thence cantinue East - ~~100 feet; thence North 120 feet; thence West 100 feet; thence South 120 ti ~yfeet,: to point of t~eguuiing; being in Section 3, Township 36 South, Range ~ 40 F.~ast. lat of Wh}te City, as recorded in Plat Book 1, page 200, public records of St.~ ~ Lucie Co t ~'lorid~ so long as any d~dte nesa or o$gation shall remain unpaid as hereinabove referred to in Pazagraph 1. ~ ~ 4, If the Borrowets shalldefaultinanyofthe covenanu~ promises~ and agreements herein contained to be made. - done, and performed by them~ or if they shall attempt,m transfer~ sell, hypothecate~ dispose of or encumber any of o the propeny of the Borrowers without first proc:uing the consent in writin of the Bank therefor. then in either or any " of such evenu~ the eank may. in addition to any ar,d all other rights w~tch the Bank may have~ deelare the ent[re . Q ~ remaining unpaid principal and interest of any such obllgations or indebtednesaes th~n remaining unpaid to the Bank~ ~ i~ due and payable forthwith and shall. ~ security for payment thereof. have a lien on all of che property af the Bot- rowers, both real and personal~ including, but not ltmited to. the real estate hereinabove described~ which lien may ~ be enforced by foreclosure !n the same manner as a mortgage may be enforced for default. -~y~ 3- 33/'~~~-~q~/ - IN WITNESS WHEREOF~ the undersigned have hereunto set their hands and sealo at ~.Lt Pierce ~ ~ - County of St. Lucie , State of Florida~ this 5th ~ dayof June ~ 19 75 ~ Slgned~ sealed ana delivered in th presence of: ~ - `L-s/ ~ ~ . ~ ~~~L (SEAL) - ~ , G P. ier ~ L - ' (SEAL) . v' J oan~ . Hie r~~nOwers) . . _ " STATE OF FLORIDA ST. LUCIE ~ ~ - COUNTY OF ~ ~ ~ BEFORE ME N Pub c i d for the S ate of Florida at I.ar e rso all a ared ~ . a otary ll n an t g. pe n y pge eor e _ Hier s and Joan M. Hiers, his wife known to me co be chepe rson(s) who~e ` ~ names(s) ia/are subscribed to the within insuument and acknowledged to me that he executed the same for xhe - purposes therein expressed, - WITNESS;my hand ~nd official seal at Fort Pierce ~ County of St Lucie ~ - ~ ~ sca~$ 0~•~~9rlda ~ i'h~,s t~ h.-day of June , 19 , ~ ' ~~_~1, y~),i s ~ - . V ) Gi ~ .c~a' . • ~ ' G D 1 ~l - y~-, - • , ,~t~ ' '~•,r•'~' - ,~~~'j 45EAL~ - - (Notary Publ , St te' f larid at Large) - - ,s,~_~;„,f~ Notery Publlc, Sta ot Flerida at l.arBe a. L~~~~•, My Commission Expires y ommis o - - ~,~'?~~j ' ;`r- - J` , c' 7`~ 3~;,• a. , . . ~ . --ys~'p j~l,~i;~ . . . ~ _ . - ~ . :.i ~ . . - - - rF.- n.. . ~ . ~ - . - - - ~ ~ . This instrument ~as prepared by: Shirley J. IvleSwain _~a„ ~ First National F3ank of Fort Pierce Add~ess: post Office Box 970 - ~ m~~° Fort Pierce, Florida 33450 ~ . '°~~'~'.-~,`•o~ ` ~ _ . - - ~ ~'~`a'aO~b - ~ ~ . - M - - _ ~ _ - - ~ ~V - - ~ - ~ _ ~aoK 2~~ f HC~ ~ - - - - 309~Z6 - - - - ,