HomeMy WebLinkAbout1070 ~ ~o~~~.~~ ~
. , .
~~r~ i~~ To E~ur~lf~, o~, T p~op~by
~
~l603~ l~ MbL ~ T~ That the UndersiRned, herelnafter calted the "Borto~vers", for and in
coneiderationof the sum of TEN DOLLARS (~.0.00) and other good and valuable considerations unto them in hsnd
paid~ the receipt whereof is heteby acknowledged~ and for the purpose oP inductng First National Bank
FORT PIERCE, a Florida banking corpotation, hereina et ealled the ' Bank"~ to grant ccedit u~to t e undgt,~i ed
under a promissory note in tha principal sum of 5~..~1 r- QQ dated.~une iY~_
~efooe~ 2mtxat~iur
the undersigned here-
~ by iointy nnd sever~lly covenant, ptomise aed agree as f~llows, to-wits -
1. So long as the note hereinabove ref~ned to; or anypottio~~ theteof~ a any extension or renewal thereof, and
alto any ~nd allother indebtednes~olthe Borrowers. or either of them, to said sank whethet joint or severai, here-
tofors or hereaher incurred, of an nature whatsoever~ shaU remain unpaid, eit~er before oc after the msturity
chereof, the said 8orrowers will do the follt~wiag things. to-wits - ~
. (a) Pay pmmptly whcn due ali flce and windstorm insurance premiurrts~ taxes~ auessments, dues and eharges of
~very kind imposed or levied upon their real and personalproF•erty prior to the tlme when any such sums shsll
~ become delinquent or in default; and.
(b) Pcomptly pay when due any and all sums dHe and owi~g on any mcrtgage or other encumbrance on the prop-
I ertyhereinafter described and will never suffer or.permit any mortgage lten or encumbrance thereon to be-
~ come dellnquent or go into c~efault.
' 2. The Borroarers agrPe that they wUl not~ without first procuring the consent in writing of the said eank here-
( after create or permit any llen.a other encumbrance to exist on thelr propert•/ ~ real orpe n~nal~ cow owned or here-
~ after acquired by them inclading~ but not llmited to~ ttie property hereinafter described.
! ~ ~ 3, TheBorrowenagreethattheyahallnot have thz privilege~ nor will they sell. transfer, assign, hypothccate, or
~ ,~j in any manner whatever, disposc of the property~ or any interest ther~in, owned by them, including specificaliy~ but _
E na limiced to. the following real estate situate, to-wit: (Deseription of Property) _ -
~ ~~~S $ Lots 16f 17, 18, 19, 20 and 21, Block 3,_ Tucker Terrace, as per
~ ~ plat. thereof on file in Plat Book 4, Page 54, of the public records of
. zW~~~
w~ St. Lucie County, Florida, le ss and excepting that portion taken for .
g State Road ri ght-of-wa y. b'~ ~D9 ~~7~/- ~d 3~ ~_DQO~7
v ~ w ~ ~ .2y0`I' ~ ~/~-Q03~' D~a~~'
~ z so long as any indebtedness or obligation shall remain unpaid as hereinabove referrea to in Parag~raph 1. T -
3 ~ 4. If the Borrowen shalldefaultinanyofthe covenanu, ptomiaes, and agreements herein contained to be ...ade~
~ done; and petformed by them~ or if they shall attempt to ~ansfer, sell, hypothecate. dispose of or encumber attv of
; ~
- ~ ~ the property of the eonowers without first procuring the consent in writing of the Bank thecefor. then in either or any _
of such evenu, the Bank may, in additi~n to any and all other righu which the Bank may have~ deClare the entire .
~ o~ remainingunpaidprincipalandinterestofaay3uchob~.~gations or indebtednesses then remaining unpaid m the ~ank~ -
c, u, due and payable forthwith and shall~ as security for payment thereof, have a llen on all of the property of the Bor-
~ c c o~. rowers. bath real and penonal, including, but not ltmited to. the real esta~e hereinabave described~ which lien may _
~ be enforced by foreclosure in the same manner as a mortgage may be enforced for default.
i _ . -
~ IN 1YITNESS WHEREOF. the undersigned have hereunto set their hands and seals at Fc~rt Pier ~
= County of St. Lucie , State of Florida~ this 5t~ day of. Tune ~ 18.75 _
Signed~ sezled and delivered in the resence of: _
' ~ ~l , -
~ r
- ~ C rle . D r~~van, Jr. ~SEAL) -
- e ~ -
. ~sEA~.j
~ • ; ~ (Borrowers)
` Katherine O'Donovan -
~ STATE OF FLORIDA ST. LU.CIE _
; COUNTY OF _
~ ~ -
: -
BEFOFE N,E, a I.otary Puhllc in and for the State of Flarida at Large~ personally agpeared ~~~r z~
~ - _ - ' _ - -
~ Q'Do~ovan and Katherine O'Donovan, his wif~ _ known to me co be chepe rson(s) whose
~ names(s) is/are subscribed to the w[thin instrum~nt and acknowledged to me that he executed the same for the -
~ purposes ~hereln Expressed.- - . . -
~ ,
~ - _
_ ~YITI3ESS my hand and ofRcial seal at Fort Pierce ~ County of St, Lucie ~ -
7 ,
'~s ' . ' . 7
_ State o F~o d~: ~is ~~day of J,~ rie--, 19 75 ~ ~
` ' ~ 3.'#~c '~s~ / C ~1L
; .,1.'~ Y,. . , U : " . J ~ ~ ~ . -
_ : • .
" . ~fi
_ . .
; ~
t~ ~
~ . - r - , - - - - _ - (Notary Publi ~ St te f'Florid at Large) - -
- ~F~~~ . - - ;
~ ~ ~R.~~-. ~~x..~.r~-' N3ferv Pu6iTc_ 5~r~ Tr n.,.T
,a--- -~~:-a My Commission Exptres d~ a~-~,
- _ = Nfy Cornmission Expires Aug. 30s 197f; ~,~g~1~ -
' - , C';: ; -
„ `v
, ~ts ; ly. ~ . .
.
- -.-'J11•~-•.;..:.. . - - . - ~ ~ - -
; ~ "f~'~',~ ~ t _ - ~
m
~ % - This 'vtstrument was prepared by: Shirley J. McSwain _ - ~ _ „~',i~ -
First National Bank of Fort Pierce ~ r -
{ - _ f.~ ° ocn'
i Address: po~~-Office-Box 97~
~ ~ ~~~mi
~ _ Fort ~~erc:e,- Florida 33450 . _ - -
~ - ~ : - N - o~-~-ia~ch-
ra 7° -+o
.i ~ - ~ ~ ON~7 -
~ - _ ~ ~ ~f~
~ - . ~ . ~ r ~ ~0
_ -
- ' i.T1 -
f ~
j
~ . - eoo~ 240 ~~10~9 _
~ ~ ~
~ - - - ;