HomeMy WebLinkAbout0460 i
. }
t
f
~
;R j
` !
~
~ and th name of the record o~aner is : Ls_Q ,~7"_ ~v y?s
, ~
~
~ ~
;
and that if the C~ll.ateral is ~titached to resl estate prior tothe {
~ perfection of the security interest granted hereby, Debtor will ;
on demand of Secured Party furnish the latter with a disclaYmer or
~ disclaimers, signed by all persons having an interest in the resl
, e~tate, of any interest in the Col.lateral which is prior to
Secured partyts interest.
, 5. MOBII.E EQUIP2~NT. That if Certificates of Title
are issued or outstanding with respecfi to any of the Collateral,
Debtor will cause the inte rest of the Secured party to be noted
` thereon.~
6. INSURANCE. That Debtor will havz and maintain
insurance at all times with respect ta all Collateral against
( risks af fire (including so--called extended coverage), theft, and
other risks as Secured party may require and, in the case of motor
I vehicles, collision, containing such terms, in such f orm, for
such peri~ds and written by such companies as may be satisfactory
to Secured Party, such insurance to be payable to Secur~d party
and Debtor as their interests may appear; that all policies af
i
~ insurance shall provide f or ten dayst written minimum cancellation
notice tc~ Secure~l party and at request of Secured Party st~all be
deliver~d to and held by it; and that Secured Party may act as
Attorney for Debtor in obtaining, adjusting, settling and can..
celling such insurance and endarsing any drafts.
7. PROTECTION OF COI~I.ATERAL. That Debtor will keep
the Collateral free from any adverse lien, security interest or
encumbrance and in good order and repair and wi11 n~~ waste or
destroy the Collateral or any part thereof; that Debtflr will not
~ use the Collateral in violation of any statute or crdinance• and
, th t
Secured Party may examine and ir~spect the Collateral at any time,
wherever located.
' 8. TA3~ES. T hat Debtar will pay pro~ptly when due all
°~~~E taxes and assessm;ents upon the Collateral or for its use or oper-
~ ATTORNEY AT LAW ;
~ iT. WGE COUNTY ati.on or upon this agreement or upon any note ar notes evidenc~ng ;
~ BANK BLDO.
FORT r1ERCE. FLORIDA
t
' ~o~ 127 4~0 '
~ _ _ _ ~
~ -