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HomeMy WebLinkAbout1599 ~ . ~~.o~.~~ at To on T p~o ~ N . I~ ~ . n~ow That the Underst~ned. hereinafter called the "BoROwzts"~ for and in ~ conalderatton of the sum of TEN DOLLARS (510.00) and other good and valuable considerations unto them in hand ~ paid, the receipt aheteof 1s hereby acknuwledged~ and for t6e purpose of Inducing First National Bank FORT PIERCE~ a Flortda banking corporat;ons here ~a,~t~ r,,called the "Bank", to grant credlt unto the undersi~gned under a romis~or note in the principal sum of QO dated ~._13ILB 11~ 1975 the undetsigned here- by Jofnty aRd severally covenar,t, p:omise and agree as follaws~ to-witt 1, So long as the note hereinabove referred to, or anypa rt10~ theceof~ c~r any extension or renewal thereof~ and alsoanyan~iallother indebtednessofthe Borrowers, or eithet of them, to said Bank, whether joint or several. hete= tofore or hereafter incurced~ of an nature whatsc~ever. shall remain unpa[d~ either before or after the maturity thereaf~ the said Borrowers will do the following things~ to-wit; (a) Pay promptly when due aU itre and wlndstorm iosurance premlums. taxes. auessmenu, dues and chatges of ev~ry kind impused or levied upon their real and personalpropetty prtor to the tirne when any such sums shall . . beeome delinquent or in defauTt; and (b) Promptly gay when du~ any and all sums de~e and owing on any m.ortgage or other encumbrance on the piop• erty herein3fter described and wiil never suffer or permit any mortgage lien or encumbrance th~reon to be- come del[nquent or go into defruit. ~ 2. The Borcowen agtee that they ~+ill not~ without first procuting the consent in wTiting of the satd Hank here- after create or permit any lten or other sncumbrance to exist on their property~ real or penonal~ now owned or hece- after acqutred by them including, but not llmited to, the property hereinaiter described. . 3. TheBorrowersagreethatthey shallnot have the ptivilege~ nor will they sell, transfer~ assign, hypothecate~ ot in any manner whatever, dispose of the property, or any interest therein, owned by them~ including specificaliy, but not limited to, the following real estate situate~ to-wit: (Descriptton of Property) . _ . Lot 11 and the North 33, 3 feet of Lot 12, Block 45, SAN LUCIE PLAZA UNIT ONE per plat re'carded 'ui Plat }3ook 5, page 5? of the public records of St. Lucie, caunty, Florida. "Subject to that certain first mortgage from the Grantees hereof to First ~ Federal"Savings and Loan Assoication of Fort Pierce, dated April 23, 1974, recorded in O, R, ook ~2~i t~. e, 2268 of t,h,~ li ' r'~ ords of St. Lucie-County, Florida, secur n ~~n y~~~yQ~~~~~s~~~,~~~`~ ~~teYY1'a~~pa ~~s'h~~inabove refetred to !n Patag~aph 1. 4. ~ the SorroWers shalldefault nanyofthe covenants, promises~ and agreements hetein contained to be made~ done, and performed by them. or if they shall attempt to transfer, sell, hypothecate. dispose~of or encumber any of the propettyof the Bonow ers without first procuring the consent in writing of the Bank thetefor. then in either or a?ty of such evenu, the Bank may~ in addition to any and all other rights w-hich the Bank may have~ declare the entire - iemaining unpaid principai and interest of any such obligatioiu or indebtednesses then rerr_diaiag unpald to the Bank~ due and payable forthwith and shall, as security for payment thereof, have a lien on alt of the pcoperty of the Boi- rowers, both real and personal~ including, but not limited to~ the real estate hereinabove d~scribed~ which llen may be enfotced by f~reclosure in the same manner as a mortgage may be enforced for default. _ IN WITNESS WHEREOF, the undersigned have hereunto set their hands and seals at Fort Pierce ~ Counry of St. Lucie , Scate of Florida, this 1 lth day of Tu*~Q , 19ZS~.. Stgned. sealed and dellaered in th presence of: - ~ n / - ~v~- ~ ~ EAL) - _ ha e s D. Mc ~e l~n - , EAL) - o Ann McCl~ti~i~ers) - STATE OF FLORIDA St. L,uCle I`f ~D ~ 76°? G~U ~`~~V COUNTY OF ~ BEFORE ME, a Notary Publlc in and for the State of Florida at Large, persanally appeared C11~.rles D. . McClellan and Jo Ann MeClellan, his wife known to me to be the rson(s) whose . names(s) is/are subscribed to the wichin ins+trument and acknow2edged co me that he executed t~e same for the purposes therein expcessed, - ~VITNESS my hand and official seal at Fort Pi~ce , County of. ~S~ T.uci _ . , - ~ ~ f Scace of Florida, this l lth day of June lg ?5 ~ _ • ~ t ~ .~lt ; -.r _ (Notary Public t lorida Large) ~f'~`-r`-` Notary Public. ate o Flortda at large : ~ ~ ' ' ; My Commission Expires , ~.1 1~ _ - JfAx Commission Expires Aug, 30, 197¢ . j~r~_{ ~d j t - . - - . - ~ - . ( -°~'•''~'r-: " f LEO AM~ FtEC R Ep ; a~,: p ~ r~.. ; _ • ? -;z= = U ~ t.! ~ . C : LU~fE ~O~iI~Y LA. ; s~- . . ~ ~r ROGk~ P(} TR~S ~.l - ~~is.i,pscru c,s"~vas'prepare~ by: Shirley J. MeSwain CI.ERK ~~:,6UIT COURT -2-~? ti~~v RECORD VER?FIEO f `'`.;nt~;,' : First National Bank of Fort Pierce ~~`~iESs:.°,..-...,- Post Office Box 970 ~ {1 ~i ~Q ~ ~f~ - ' - ' Fort Pierce, Florida 33450 - ; - - _ - - 3a~o1~~ ~ _ , - RECEIYED ' ~ IN PAYMEfYT UF TN(E~ _ ` - f~ _ DiIE OM Ct.IISS'C' tNTMt~181E rERS9W~l PROPERiY, - ~ PURSUANT Tp CHAPTfR 71•134; ACTS OF 1971. m~ - ROGER PORRAS t~R!( CiRCUiT COURT, St. LIJCIE CO., FlA BOOit 2~O PACf ~~~0 3 4 '