HomeMy WebLinkAbout0991 Chaitel Mortga~,e ,
Earnest Rowe
KNOW ALL MEN BY THES@ PR~SENTS. That------_----
of tht City of ---~~-i--~2~.@~~@ , Cou~ry of -St..--LLLC.].E and Staee of Florida, herelnsf~tr calltd the mortgagor,
for ~ecuttng the payment of the toouey heteinafter menclaned, :nd ta furchu conilderatlun of the ium ot_
ONE_ THOUSAND_ ONE__HUNI}RED _EIGHTE~N _r1i\ID 70 I00------------____ D~,l~,~,_~~_lxg•70
-------1----------------------- -
au~y P.ia br __F IRST_ NATIONAL_ BANK_ OP__FORT__PZERCE,___ , a corporation ot ~he City ot Forc wierce
Cowny of 5c,Lucie, st~d Stste of Florida, Dereinstcer called mortgsgee, at or befare che erncesling and delivery of che~e prexenu,
the rtceipt x5erwf is hereby ~clurorledged, has gtantGd, bugaincd and wld, snd by these presenu does grant, bugain, sell snd
convey unto ~he :aid mortgagee, tt's succe:~or~ snd asitgfu, che follaring descri6pd chattels of rhich he v tht lawful owner and
in unQualified poue~lon,ln the above County and State :
-Quuat7---- ' ~ o c~~iprrvent r oecx , ynm r Seria 1umLrr Vrw or -~fa4rl E.era-Equiproenc ~
7?ade rw~c ; l'x! ~ tiwntxr
One Cummins Diesel Mo~`tor 5~881~ NHB
- - . -
_~I1~_.~fi_ ~ai rbank~ and Morl~p ,m~~
_ _ -
I i
' ' _
('.ash Srlling Price...._ . . . _ -
Trade :111owanie on . ............5...._..............
.........lXa~ne Art~:k fa~en in ~C~adc)
Pay~ncnt in Cash.__ . . . . . _ _ ......._......j......_....._......._...
\et a Finance . . _ _ . . _ S. . _ _
Inaurancc _ _ _ S
_ _ _ _
Intcrost for._ _ ..._.....Mont~s, at ''1 _ _ . _ _ j . . _ _ . .
Amount o( Convact__..._.__ . _ _ _ _ _ _ _
TO HAVE A\D TD HOLU, all snd :ingulaz [he said pe~;on~t pri,rxrcy above bug~;ned and soid, ot intt^ded so to be, unto che said mortgagcc, ice
succeesocs and assigns forover,
AvD ehe said mort¢agor cocrnants wlth sqid mor.gagee, ~r, ;ucceawrc and aasigro, iha~ s:id chaitrl is (ree trum aU incumbrancet; thac he hu goud
cight to scll thr same as afurr.saiti; a~d cha[ he shall and wiit warrent xnd defend the same unto the s~~d nwrtgagce, its xucceesort and ass~gns, ag~in5t thc
law;ulctaims of ail and ecery per5on or persans whomioe~er; that he wilt pt~c~, pay (or, and cont~nu~usi}' keep che said ~hstcel tfuresaed, insured agai,ut
i.~ss by fuc and eheft, in the usual standard cx~lic; forms in a sum of not iess than the amo~mc of the i:tdebtrdnets here~n secu~rd, in such companp et com•
panies u may be ~pproved by s~id mcngagee, and auch poliel or policief shal: cuntain the usuat srendud moregagee clause, making foss under taid poi-
icy o: palicies pa~sble to said mwigagee, as its interes[ ma~' ippejr and sha:l prumpel}' deliver ssrd policy or ?oticles togec6cr wlth receipced bilt foe
) ptemi;;ni to said mort¢ag+~,
, FROV[DED ALWAYS, andthese presen[s are upc~n;he exprets conditinn, chat if [he taid mongagor shall wel~ and vuly pap anto ehe s~~d mercgagce.
~:s succeiwrs and assign~, che ap,Kreg~tr sum of 3 1~ 1~. 7Q p~,l~a ,
~ecwcd b: ar.e crrtain pro;t;;sson no[e of eier. ~ace hereaith ackn~oledged, pa~ablz eighteen momht af!er date , made
pa~abte r~~ said moregagee bp sa~d morzg~g:>,-, anG al;o all rxpensr; tha! may' or shalt accrue in the event o( !ha Eoreclosure ui chu mertgage, reawnab'r
att~:rne}'s fee> and cus!< o( coar[ included, ther. these presene, shtlt be emd; o[herv~•ise, [o remam in full foree aid virt~e. -
Ar,d cfe said mongagor, tot hunsetf a:d hu he:r, .zecucors a~d sdministucurs, does cavrnan~ and agrce :o and wich ~hc asid mortgsgee, ics
;u~cr3sc~; and ass:gn,, thac in ca=.e dcfauit >hall bc madc ir. ~he pacm~nt of cho said sum aCove mrnunred or anc irsullment thereof, or ~n the pa~mt;~t
ef the «h•.~2~ ~r am pa~t r.f che int~;~;t thr:roii a~ the nmei a.^.d in [he rr,annet pro~ided in ta~d promtssu~~ r.ote; or in ca>e che said paret e( che (ir:! parc
;ha11 ren::~s: ei:e ~aiG g~k~L~, c;:auek ard perwnal proper~y ur au~ of them wiihouc wri[teu permissiou uf aaid mnctgager, or prrm« ~~r suff:r an} ana~:h-
mei:c or other proczs: tu ee Izcitd up.~n s~id pn~ptrt} or ~m pan therr~f; ur permit or tuffee am judRmem eo be encerrd up against nim, then the said
a~;regat~~ ~um oi a:~~ney h_re:r. n:en~t~' :eu -ha13 be~omr ir.stcr.tlj due and pacahle, at the option o[ the said mor[ga~ee, ar.d ihen it shali and m~~ be
:a~+(ai (or tF.l~ ~:n:~~age be irnm~dia~cl.: fnreclosed the ahole uf said mone;, imetes[, wstt, ftes, charges aud eaperoec aforeia~d,
, That in the e~er.t ac the begii:ni~,g ~f or ac an} ume penda±g an~• suit upon th[s mongage, or ro(oreclose it, w to reform ft, ar,d;er ro cr.tn:ce pai'-
:*.;er! of a:;: claims ~ereu:tdt~, said ~:~:~aaaz~ ;n3u appiy w the Caurt F.svi~g jurisdie~ion ~hereof for she appo~nement of a Recel~er, ;;;ch Ceutt >hail
(or~nw~,6 app~~ir.t a Recerrer nf said rnerefiaged property ailand singulu, for ~he p~upo~e of preserving said ptoFerq dunng thep~ndency ufsaidforectose-
are p:oceedirg>, ar:d s~ch sp~nciatmem shal; Se made b~ such Ceurt is an admitezd equity and a m~tta of abselute nght to said m~rtg~gee ano wieh, nt
rzferznce to ~ho said adrquu} oc inadequac;: of ~he value u( the property mung~gt~ or che wlveney or iazol~.tncy ot srid mortgig~rs a:W jor ~he defertd•
a:~u.:c being expreuf}~ ur,dersca*d ~r,d agreeC :hat said prcpetct' deteriota[es thmugh ufige aad tnat rbe p;upose of the appoinements of +uch Receicer is co
hold said property ir.cact and sace same tr~m deteriuution curing the progress of forecloaure.
?he ~iolatior of an;: of ~he fu;egoir,g pro:i>inn• herein shall, ~t ,he opt~on of the morrgagee, causc che indcb[edncss herein tea:red t.~ btrome dur
a!id pa: able.
Thz cc~~enants of the mongaz~~r `crein shall bind him, his heErs, execurors a~d assigns,
(t mor~ ~han nr,c ?~~ns in ;he ~xe~oteo:i he:eof a> mort~agor, ur e~thet be o; :he (ern~nine stx, oc a cc:~.ratiun, tne pron~~_::> and rela:i~e +~~!ds
F~rzir, ,;ed ~rall br read~a; if wt~t~zn ~r pl.:*ai, femini;~z, o~ iiautrr, respecti~elti.
: I`: '.~'1 i>:"cSS w'tiEREO~. tr:e ;na?~a ^as t:ireu,~t~, se~ his har,d and sea! [Fis __~~,],Ij~; 1. '
a~~~ _2n.d~---- aa~ or " ba
i~hned,iellyd and ~elite[ed ~ -
r c Fre>e::c • f: ~ -G_=_ G,/~
%==_l.<w"-~^ ~ - - ~ ~t' L )
.
. _ ~ _ ( SEAL )
- -
----'-`:o
.
= 111c~ . 70 F.~rc Pie(ce, Flerida .•j1Ir2_e _ 2__._- - 14
. ,
/y ~ . } , o
?:~re:na'ter { ( 1 'a. , a ,d .~•a/'i~, p~,~~ co F~, t~~ ~ rdze . t F1~~ National Bank Of F
~
~ ~ ~l ( ~t/ i: LJ i c b! !~i j~ ~ •tl ~ ~ ~i! y` 11 It~rCE'
~ - - - . . . _ . ' - - - - - - - - n.t
/ ~
~~a.:ablz _ nsec:,t~~z n::.'~~r :a3ime,~cs of E G^ ~
-
1 ac
_~r.er;cisr., ~~~_.!_y ' - --~g~~.andafinali::~ealimentof3 _ _ _
f
- - ~
?~:3''«' a~ ~Urt Pierce Fl:xida, w;!h tr,te:e;t aft?r Mat~:ity at ehe ra~z .~t ~ig!~! ptr cer.~, per annur„ ,;~;r.t paid.
I~>qr~~~r uie? a~' eYrhange charg._s and all cr~;r> or expcase~ inc.v;zd in the• cotierti;~n o( this notr or an}' part th?reo.' ot ~n pmtecurn nt pte,e;tiing the
:,_~pcrt,. ~ie.cr,bed i,=, [ht !ereqwr,~ chauzi m~~rtgage, b} or o;her~ece, ineiuding a reawnahie .~~eorne;;'s iee o( n~t le;; thsr 15 per cer! ~~t eh: !a'.t
then due hereunder i; gi~.en after m~cvriiy ~o an aaorney' foe ~e]lec:~x or a![en!ion,
To fa::rer ce<:,:r th~: ; u:e tGe u^OersigneG als:~ gices speclficalls te ;a;d bank a hzn nn all dzpcnie accuur.t, rtow ~r hereafter in pc~sses.i~~r of ~aid
..,'r to appl. sam= an ihis r,,~ce .'te~ defaui; wichou! eo*ice ur fnrma!it~ ~f a~j kirxi,
~ 7hi< ?~~e is idenciffed •ieh a~d >ea.r~d D; chaeerl mo:t~age of even dare herzwith ce+verL:^ certsin penunal pr~percy and equipment thereon,
f ~~i ::e !o ~a•: ~e~; r,~~tr, an: oi the initali~ricnr> ~hereot xher Gue s!~all, at the cption ot ~he hoWer hereof, mainre alt of said ~nstallmeru then u~paid
! T'r.e parcies t~•_reto, whe!her ;naker, ;itec~, ~~c end~~ntr, hereby vai~e p[tsenrmen[, derrand, prurest sad nvtice of nc~n-paqnent; and all cr.dnrrr, a~.d
reu<s hereb•: agr.e r~ air: etter.sior.> ~~f ~ke time of pscment hereof «ithont rotice ro themyiych extensirr.s.
s
: Jres: '
Rout~ 3_, Box S1S F~ Pi_~z'_ce l~-~_~=~~~~'t c s~.,~ ~
~ ~ ~ . , l )
~ . . _ . _ . . (
~ ~
~ , . . k , f ~ .,:;z:; - --~ao!! ~.1~ ,
~
~