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HomeMy WebLinkAbout2331~. ~. 4 3b0 Boox Chattel Mortgage ST, IUCIE COUNt1'„ ~'~~, xNOw AU.IdEN eY rllIISe PttlSIINTa, That. w~1~~~ _~___ Proctor,__Jr.__ & _JeeY311e__Ott__ Prootor of the City ot--Fti•--~~QL0.8_ , County of _S~r_a__Ti11C~~. _, and State of Florida, hereinafter called the mortgagor to securing tbs paymeru of the money~herelltatter mantlotted, std in furc-er rnniderattoo of the sum of_ __ ___ ______________. duly pa{d by Commeroial Bank _at Fort Pieroe___________ , a corporation of the Ctty of Fat Pierce -------------- - ------------------ County of St.Lucle, and State of Florida, hereinafter called ttartgagee, at a before the ettsealing and deUvuy of these preserta, the receipt thereof b hereby acknorledged, hu granted, buga)ntd and sold, and by three pcaenu does grant, buaaatn, sell and convey unto the old mortgagee, it's snccetson and uslgtu, the tolbring daalbt:d chattel of rhtdt he L the larful orner and In tstpualltled possession, In the above County and State atf Trade ~ at aw • r r. 'u~r Vr.r w Deed ode! N•ra6er E-tra Egriparrat 1 Philoo TV " 681 8 2R Cash SeUirsa Price...• .............................. Trade Allowance oa .............................. Payment in Carh.........._ ................. _ ......._......_............_..__..................... __............... - ........ i............................... ..................................... 1\eme Muck Ta-ea .n lladrl Nct to Finance ..................... __. .._ _ _.. 1...__ ..._............ lasurancc ................................... ... _ Ietercu for .......................klonths, at n„ .. .. _ Amount w t.ontract ............._ .._........... _. ._ ..... _........... .__... ..__.. _.. _ _. _ __.. __ TO HAVE AND TO HOLD, all ud singulu the uid personal property about bugained std roll, « intended w [o be, unto [he raid mortgagee, lu succeu«s and assigro («ever, AND the raid mortgagor covenants rith uid trwxtgagee, its successan sad usigro, that u{d chute! is free from ail ixumbrma; thu he hu good right to xll the ume as a(«euid; and thu be rhall ud tilt wurem and defend the same unro the saW m«tgag~e, its wccerr«r and auigro, agairot the larful claitro of all and every person « perroro rhomsoever; that be rill place, pay ter, and condrwtourly keep the said chauel at«esaid, tenured agafrot Ioss Dy fire and theft, (n the usual uudud policy tams in a wm of rwt Icn than the amount of the fndebtedeess herein xcured, [n such company « com- panies umay be approved by said mortgagee, sad rush policy « polfcie+ rhall conulo the urual atardard mortgagee claux, making kxs under raid pol- icy « policies payable to said m«tgagee, u its intetert may appeu and shall promptly deliver said policy « policies together rich receipted bill for premium to raid trsottgag•., PROVIDED ALWAYS, andthex prexnts re upoothe eapreu cartditlon, that 1( the said mongag« shall relt std truly pay un[o the uid mortgagee, its ruccess«s and aulgm, the aggregate sum of = 263.7.3 Q pollen xcured by one certain promirsory rwte of even date hererfth ackrturledged, payable 18 months after date ,made payable to said mortgagee by raid m«tgag«, and also all erpeaxr that may « shall acuue is the event of the («ecbuae of this mortgage, reasmabk at[«aeyY Leer and coot of court ins:luded, then [here prcxntr rhall be void; «berrix, to remain {n full face and vinuc, AttQ the raid rrartgag«, (« Himself and h4 hetrs, ereecuton and admlaistratan, does corenaat and agree to and r-lh the uid mongagee, iu succesr«s and assigro, that fn cue default shall be made in the paytneot of the saW sum above meroioned « any iroullment thereof, « in the payment of the thole ur any part of the Interest thereon at the times and in the manner provided in said promtss«y tsote; « In tax the Bald patty of the lira put rhall remove the said goods, chattels sad puronal progeny ur say of them rithow rrrineu permiaton of said mongagee; « permit .x suffer say attach- ment « «her proceu to be tevfed upon saW property « any put thereof; « permf[ « wtkr any judgmem to be emered up agairot Aim, then the said aggregate wm of money herein mentioned shall become {mtantty due std payable, at the opt{aa of the said mortgagee, and then it shall and may be lawful f« this mortgage ro be immed{uely foreckned (« the rbok of old rrtuncy, !merest, coos, tees, a~uges std a:genres of«esaid, Thar Io the event at the begtaalag of « at say time pending soy Buie upon flits mongage, a to t«eekase i[, a to reform tt, and/« to enforce pay- ment of say claims hcreurder, raid mortgagee shall apply to [he Court having jurladletloo thereof fa the appolntmcnt of • Receiver, suc4 Coon dull forthrlth appoltx a Receiver of'ssid rts«tgaged progeny all sad slegular, f« the papox of prexrvfng said property dtuiag the pendency of uid (aeebre• ore procecdlagr, and such appolntmea shall be made by such Coup u as admRted equity sad a matter of abalute right to raid m«tgagee and rttbout reference [o rbe raid adequacy a iaadegnacy of the value ut the progeny mortgaged a the rolveney « Imolveacy of old raatgagas and/« the defetd- ants, it belag aapreuly ttoderuood and agreed thu said progeny detertauts through triage sad thu the purpoie of the appointmenu of such Reecho is ro hold old property imact and ore same Gom de[eriorat{on during the pogrtpra of forcelosute, The vblatlon of any of the torcgotng provlslons hereto shall, at the option of the mortgagee, cattx the ladebtedaea herein xcttred to become due +~ PaYabk. The covetsaets of the mongag« herein shall bind him, his 6e4s, exeeutan and surges, If mare than nee kles In flit exccutiat hereof ae m«tgag«, « either be of the feminine x:, a a c«paation, the proaowts and relative rods herein ured shall be read'as It mitten fa plural, femia4re, a neuttr, rapectirely, W WITNESS Mttt.R60f, the er«tgag« has 6ercuuto xt his hood and xal this 14 d. f Februar lY 61 signed. xaled and delirsted In preuece oG (SEAL ) • ~ SEAL ) No, - Pon Pitrae, Florida Feb . 14 )9 61 s bereioaher prorWed (Ure) jointly std xvetally premix to pay to the ceder of TAO $II~~ ~~~ THREE ,~ 73l~00 . . . . . . ~. ~ Dollars payable to 1 oooreeettve moatkly itptaUmeau of i A. I; cool eommeeeieg MalCh 31, i6L-jam ? ~--Davmt>,nt9 of =15.C0 payable tx CiOIDllisr0 ial Bank ?t • Piste. tw i.ta!at otter Matttrity .t t-a•raw a etglit Per teat, per strum uetil paid. Together t.-tk all ettcaaegc ettatga std au eosu a atpener laetntd yt t-a oollsetion d this rate a ary P+n thereof a V Pcaeetba a preacrrlag the Property described 1{t the taepieg cbatul mortgage, h' wit a ot`srdw, fecbsdiag a rsaaatrab4 AttaatyY fes of ea Isar tba le per teat d the taU amotot flea dace Mreeadet U gtw abet saatrity a d orrery tot eollaaloe a arteatioe, io tttrtbsr asetre tWr Dote the radenlpa0 a1w give speeiAuUy so said beak a Ilea oe all /epoa@ aeootseta nor a Nnaha V possewloe of eW back to apply rams oo thlr tsaa aRet detwk rtthot sot/ct a tormaMq of say kfad, ThL sax b NeatltiN .itr and reerW by eYausl moreg~~e of eves data henrRh cowrLg cataLt /arsooal P'aPaty aed eVrtPmetrt dersoe, Fatbtr• to f» thlr tsota, a arty d the lopallotab thtraot trhea he malt, at ds eptkae of t\e bWt Yerso(. s11 of saY rullmeen then oepald. The partia 6ersms t+leflar make. wrety. of edanar. -ereby tabs Pnwtstmeet. demaM. grocer and d edaserr ad wrstia hereby agree a soy sttewlow of the brae of Paymat Yataof rpbet ratios to tlem web sx ,~~ 1516 Cortex 81vd. Ft. Pisro• (ggAL) wieets Addrea (SEAL ) Phoes • RseWeaee /esigsa - ,, ~ _ _ ,, , ~. ~ ~ i a