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Home My WebLink About0400 CHATT~E~ M(IRTGAGE , , 9~ _1.,~3 ~ E,~.~. ~~'I~?is chattel mort~age, Facecuted tbe ~4~-~y of Julv , A. D., 19_~~, b~? ~ h~ereinafter cAUai the Mortgngor, t~ CTTiZENS NATIONAL BANg OF ORLANI)O, hereinaEter called the Mort~gee~ WITNESSETH, Th~t for cMven gooci and v~luable consid~rxtloas, aad aLo in ooasideration of tbe te sum namad in the proa~isso~y note ef evea date her~ewlth, hereinafter deacxibed, tbe said Mo~tgagar doe~ t, ' ~ell. alien. resnise. rel~e. convey and coc~&m unto the said Mortgage0. ib suooeasora a.ud assigns d~e goods, chattels and pe~nal prapezty. ha~ru~r described all thereo~ being wholly ownad by aad in tbe e:clusive 6, r ina . P~ i-e~e ession of said Mortgagor, and located A~~BG~i; . ~ ~~iYg~ County~ State of F'lo~ida, to-~~it: Nv~+bn Se*eet Cuv St. I~uc ie 1960 Thunderbird 24 foot inboard, FL6304L two Greymarxne lU9 H. P. engine~, serial numbers M3858-1 a~nd M43867-6 t~ogethcr wi~ ~ll added and subatituced parts, equtpment aad r~epairs plaeed npon said propercy durln~ t5e life af this mortgaga whethar bacause of nec~ssary repai~ra or at~mwi:e ( all baing Leareinafter referred to as the proparty". } TO HAVE AND TO HOLD tbe wm0. e~ and ~'er1. ~{e~e~ with the a~ts aad appa~rtawaoes. anta !bs uid I~doctpses. PROVIDED~ ALWAYS. tbat ff raid M sbaD y_u~~o the nid Maat~,a~ee the oe~rtatn noCe h~a~fber wbala~otia~ copied or ide~ti6ed and a oa tbe reverse side~; ~~rm. coa~p1y with aad al~de ~y e~ch aad evary t~s a~eements, ca~di ~ vovenenb of s~id pca~mlao~ not~ard af this dee~ $ren this deed and d~e ertate Lveby c:eaosd~ll e~ and be anD aad v~d. Said Mort~a~ covemaats ~nd ~srea wit6 aid Mozt~p~ee: 1. That said Mat~a~. wbo111Y and mlelp o~rw ~aid p~vpmiy~ ~11 and singnlar. ~bsolntely tbat tt~e aaid Mort~aQor ~u fn1l pow~r and lawfni dght to aell and oonvay the ame, a11 and dn~ilar. as aforesaid; dut sajd ~oods. chattefi aad per~onal ProP~~Y. all xnd sin~uhr are free ar~d clear a~ ~ay aad aII adve~oe cLims. lten~ aad encumb~wcee; and that ~aid Mortga~or sioea bereby fally w~urant tbe tit#e an~ ownership of said ~oods, ~hattel~ aad persoaal propertY. all and ait~gular, aod wtll defend the ~ame aSatast tbe cLtms of all peaaons whom- soever. 2 Top~ y aII and dn~ala: the and intesest ~nd ather nims o~ nxoey payable bY vi~tne e~ ~id nao~ and tLf~ der,d. ac either. p~o~nDVY oa tbe da» ~e~.~ive~tame ~evenll~ oame dna time and amount ua t~e day~ teversllY wr6en dns b~m~ af th~ ~ asancs. ~ 3. To pay all and sin~ular the tue+. ~aemnents~ levie~, }iaMlitles, obligatfaos and ancumb~aaces of every natnra ad ~tid de.s~ribed paoperty each and evary, atut if the aama be nat prcrn~ptly pa~ tha said Mo?t~ee map a~~t any tirne psy ti~a same withwt waiving or ~ a~ecting t5e optton to foreclose o~ sny ri~ht hereunda. and ev~Y PsYmeut so made :hall bear ioterat fran the date hereof st the rate ~ of eight per eant. per annum. 4. That unti! such paYment, the M ar ~6~1i keep the uid pro _perty innued aga~nat lo~ or damage tsY &e in a sna? not le~s tha~n the amount of Mortgagoi s note aetured~by tbis mortga~e fa: the beneHt af tl~o Mort~agee, and in mc3~ fns~uanae eompanks as the Mortgagee ~all appsove; a~nd if Mort~ or faiL or neglects so ta do, said Mortgagoe may ins~ue the wme at the racpense oE tbe said Mortgagor, the cost of such insurance to bs ~ecured bY t~ m~r~~a 5. That this mortgage shall eatwd to cover and secure any and all ezteadons and renevwals of said note ausi anr and ~ll othcr indebtedness and liabilities, wbether w principal, surety or guarantor. or othenrise, to mortgagee, w6tther wch atber mdebtednas be evidence~ by note, orien account, overdmft, or any other maKer whatsoever, now tadsting, or hereafter arisin~ due or to become due be~foro the f~seclo:nre of this mortgage. 8. To pay sIl nad dngular the costs, charges andexp ~ including lttwyai s fees, reasonab}y incurred ot paId at any time br said Mortgagee becc~nse of the failare on the part of the aaid M~'ortgagor to perfarm. comP1Y wit5 and abide by ach aad ev~y the stipa- lations, agretments, condiHons and covenants of ~id note aad this deed, or either, and every such paymant :baI] bear intuesi fro~s date rt the rate of eight ~ercgn~ per aunum. 7. To 1ce~P seid ~oods, chatteLs nnd pecsonal property. all and singulu, in said County, mbkrt to the inspection of said Mort- ga~e~e and ia the evept any ite~na be removed or kvied on ar sub}ect to levy in any litigation, t6en in either event, the said indebtednms ahall immediately beaorce due and collectabk and the Msrtgagee may tako possession of the property and foreclose t6e mort~age althou~ said debt is nat dae. 8. Said Mortgagor facther coveflants tbat if default be made in tbe payment af said aote, or of any installment ofp~n cipal oc interest thereon, according to the ten~ and e$ect thezeof, or if the Mortgagor shall fail promptly to pay all othas debb and obligationi which may be owing by said Mortgagas, aither alone or with ott?en, to the Mortgagee, or if the Mortgagor shall eammit any waste or mis- use and not keep said property m first clasa condition or shall Attempt to sell. aecrete, or convert saidpr~p~rty without Mortgagee ~ writ- ten consent, or if the Mortgagee :haII ai any tiuw deem it necersasy for tbe perfeM and complete secun'ty of its claim, thtn f» s~y such event, and in addition to any other remediea it may have, the Mortgagee is hereby authorized Uo enter any premLsa of the Mort~a~or or other place whera the property may be aad tske posscss?ou thereof and thereafter sell the aame at blic or private anle f~ the highest e price Mortgagee can obtain therefor ( Martgagee havu'~g the rig,ht to purchase at an}~ such public e) aad apply tha pzoceeds of stid aalc to the paymcnt of Mortgagor'a note, with interest thereon, and to the payment of all ot6er debts aad obligation~, with intaYSt thaeon owing by Mortgagoa either alone or with othess. to the Martgagx, a~nd W the payment of all masonable oosri aad ~pes~sna, and shal~ appiy d~e residue, if any. to Mortgmgor. In u~y anch event, thc ag~regate aums mentioned in said note and thi~ deed and eac6 tberoof, shall become due and payable fortbwith as fully ~nd complete}y as if the said ag~egate au:ns payable by virtue af trid note and this deod, each and every, weie originally stipulated to be paid o~ mch day. anything in said note ar herein to the contrary notwithstanding. The word "Mort~agor" wherever wed herein, ahaIl be canstrued to mean and inclnde the necessarygr ammatieal cbsnges reqnfred to make the provisions hereo~ apply to corporation~ or indiWduals, men or womca, singular or plural, as tiwugh in eac'h caae fully espressed. The provisions hereof shall, aa tbe csso may aequire, bind, or iaure to the benefit of the respective heirs, successors, kgal represenmtives and assigns of MortgagoT and Mortgagee. IN WITNESS WHEREOF, The said Mortgagar has hr,rennto :et hLi hand ana scal the day and year firat ebove written. Signed, Seal~d and Delivered in Presence of: ~ • L. S. ) ~ - ( L. S. ) n_ n ( L. S. ) eacK ~3 Fcrm cNE-4a-n.o~iw? ,~.r,cs • ' ~ ~e