HomeMy WebLinkAbout0641 AUTOMOBILE Mt~RTGAGE ' ~ ' ~ ~
K~~~W ALL h1EK dY TNESE PRESE;:TS. rn~~ --_F_~OYD LONu -
of the City uf fort Pierce, Count~ of St.Lucie, snd 5tate o( Florida, hereinatter calfcd the mor[gagor, for securing the pa~mem
of the mone~ h~reinnFter menuoned, and in furcher consideration of the sum of
- - -_Sexente~~.b!~nc~r~d_fifty_and_no1100~_-------------------------------------- u„ua~5
duly psid by~ FIRST NATTONAL $ANl~i corpuruion of the Cit~ of For[ Pierce, Couni~~ of S[,Lucie, aud ;ia« of Flurlda,
hereinafter called mortgaget; at or brfore the cnsealing and delivery of these present~, ihe receipt whereof is hereb~ acknowled-
ged, 6as grsnted, bsrgained and sold, and by these preunts does grant, bugain, sell and com•e~• unto the said moriga~te, n's suc-
ceuon snd ass:gns, ~he foUowI~n$ descrlbrd motor ~ehicle of which he is the lawful owner and ir unqualified possessiun. ~he
sbo~e coun~y and sc~~e : NEW WATERMELON GRADING MACHINE, Serial
1y62. ~CK TRUCK SERIRL #361T26970
Ytar ~iake _ _ . A4ode1 - - - - -
Eng~ne No.-- - - - ---------Serial No.----------'---------- -
TU HAY~ A~ll TU HOLU lhe same, toaether witA all replacements, acces~oriea, attachm~nts, repsirs, parts, bettermenta
nnd new eyuipment no.r on said musor +rhicle or hereinatter added thereto, unto the aaid mortgaeze, its suceessorr ~nd
assignti tore~'er.
A\t? the said mortgagor co~enanty with said mortRa`ee, ita succes~sors snd •ssi~ns, that said vehicle is tree from sll incua~-
brances; that he ha~ good right to eell the same as s(oresaid; and ehat he shsU and will warrant and defcnd the same unto the
said mortpagre, iu successors and •ssi¢ns, agsinst the la~tul clsims of rll and e~~err peraoa or peraona whomsoever; that he
will place, pay~ (or, and continuously keep the seid motor ~ehicle aforesaid, ineured aQainat loxa by tire, Lheft and win~le inter-
rst collibion, in the ususl atandard policy iorms in ¦ sum o( not Iess than the amount of the indebtedness herein seeured, in
such company or companies as ma7 be appro~ed by aaid mort;agre, and such policy or policies shall contain the usu~l stsndard
mortgagee clausr, makin los~ under said policy or poli~its ps~ able ta said morteaQee, as ite intereat may spptar ::nd ~hall
promptl~ deli~er esid po~iey or policiea t6~ether w~ith reeeipted bill fot prrmium to said mortga~ee.
PRO\'ll)EU ALK'l~YS, and these presents are upoa the ezpress condiuon, that if the said mortQa~or shall w•ell and trulJ pa7
unto the said mortgagee, its auccessors and assiQns, the aggregate sum ot i..••17.50• 0~ .........Uollara,
pne year _
secured by ode cert~in promissory note of e~'e~ date hereMith acknowledgcd, payable QII. O.r..b~~QI~..~ munths after date,
made payablc tu said mortaagee by said mortgagor, and slso all eipenaea lhat msy or shall anrue in the e~ent ot the foreelosure
ot thiy mortRage, ressonable attoraey's [ees and costs af eourt includrd, then these preaents shall be coid, otherNi;e, to remain in
full forct ~nd r-irtur.
And the said mortgagor, for himself and his heirs, eiecutore and administrators, does co~•e~ant and agree to snd Mith the aaid
mortgagee, its suceessors and assigns, that in case default shall be made in the payment of the said sum abo~e mrntioned or an7
installment thereof, or en the payment of the wt~ole ar any p:rt of thr interest thereon at the times and io the manner prorided
ir. aaid promissory note; or in csse the srid mort~agor sha11 remo~•e the iaid Roods, chattets and personal property or
sny of them N ithout written permission of said mortgagce; or permit ur sutfer an ~ sttachd~ent or other proceay to be leried upon
ssid propcrty or any part thereof • or permit or suffer any jud`ment to be entrr~ up againit him, then the said segreR~tc eum
of money herein menUOned ~hail become instantly due end p~yable, nt the option of the ssid ~nort~ta~te, snd then it shall and
may be lawful tor this mortgate to be emmediasely foreclosed for the whole of said mone~, interest, costs, frea, char~ee
and e:pc~nse~ sforesaid.
And lhe ssid mortQ~gor, [or himselt and his hrira, e:ecubrt and administrstors, doti further co~enant and a~ree to
and w•ith the ssid mortRagee, ita succcKSOrs and assi~na, th~t in ease detault ehall be made in the pa~ment of the snid sum
abo~'e mentioned or •ny in~tallment thereuf, or in the payment ot the p'hole or an~ part of the interest thereon at the times
and in thr manner procided in said promissory notc; or in tsse the said mortRagor should ~'iol~te •ny o( the ulher term~
hrrein expreesed, the ssid mortRaRor will ~oluntarily surrender possrssion to said mortRagee of such ~toods, chattels xnd
personnl property sa arr covered by thi~t mortga~e so that the title of such goods, chattels and penonal property shall ~e+t
ab~;olu~ely in said mortgagee b~~ operalion of law.
That in the e~~tnt at the beRinning o( or at any time pendin~ any~ suit upon this mortgsge, or to (oreclose it, or to referm it.
~ndior to enforce payment of an~ claims hereunder, aaid mertgrree ehall rDp1Y to the l'ourt h~cinR jurisdiction thereo( for the
appointment of a Iteeeiver, sueh Court shall forthwith ~ppoiat a Reeeiver ot ssid mortga~ed propettq all and sinRular, for the
purpose of presen-inR ssid property, durinR the pendeney ot esid foreclosure procecdings, and such sppoialment shsll be made by
such Court as an idmitted tquitp and a matter of abisolute ri~tht to aaid mortga6ee and without reference to the ssid adequacp or
inadequsey of tht ~'~~ue of the propert~ mottRaged or the sol~ency or insol~~en~~- ot said mort~Cagors and ot the defendants, it be-
ing e:presslp understood and agreed that Kaid praprrt~ deterio~atea through usa~e and that the purpose of the appoir.tment of
such Reeeiver is to hold said properl7 inlaet and save same (rom deterioration durin~ the proRress at loreclosure.
It ie e:pressly sgreed by the morlga~or th~t ihis ~ehielr ehsll at no time durinR the life of lhis mortqscr be enga~ed in
publie or fer hire service. The ~iolation of chis elause or any ot the foreROing pro~'isions herein shall, at lhe uption ot the
mort«tgee, csusr lhe indebtedness herein setuzed to become due snd payable.
The corenants of the mort~ragor herein shsll bind him, his heirs, e:eeutors and assigns.
If more lhan one joins in the ezeeution hereof as a mortgaROr, or eiiher be of the feminine sec, or a corperation, the
pronouns and relatice words Aerein used shali be read ns if p'ritten in plural, ~eminine, or neuter, re,pecti~rl~.
I~i \i'IT\ES3 ~i'HER F, the morttiagor has hereunto set his hand and seal this 1.Qthia,. or June , 19. ..65
Signed, seal and de ' et . . _ . _ _ _ (~E:.11.)
in the preatpf ,
' % C~ _ (SE:~1.)
. FL YD LONG
17 50 . 00 xa..........
; .
Forc Pierce. Fla.,..........._ .............IUNE_1.Q ...............ts65....
AS HBIiLINhFTER 5!Y FORTH FOR VALUE REGEIVED ( I/~e ) bintly •nd ~everally promiu ta pay to the order of >
FIRST NATIONAL BANK , Forc Pterce, Plorids.
---~~V~N~'~~~I_HUN_DREJ? F~FTY. AND_NO/104------------------------ Doi~~RS.----------
~ to be paid at tt:e rate of = on ,he_ day of each cunsecuti~•e munth afeer dacc for_. _~N.~_____installments
4 $17 50. 00 PLUS INTEREST AT 6%
and ---~n the last installmen~ at ,For[ Pierce, Florida, with inters:t
after maturitti~ at the rate of oight per ctnt, per annum until paid. Together with all exchan~e chatgte and all coats or ezpenses
incurred in the collect[on of this nate 9i any~ puc thercof or in pracecsing or preaerving ~he property described in the foregoing
chattel ~norcgage, by suit or other~ise, including a reasonable atcorney's lee of not less thsn l5 per cent of the full amount then
due hertunder if gicen ~ftu matuttty to an attorney for collection or attention,
Tofurthersccurethis notetheundersign~d also givesspecifically to said bank a lienon all deposit accounts now,un c~reafte~,
in possession o( said bank snd authotizes said bank to apply same on this nostatcerdafxult,Nithoutnoticeor fot~nality of:,nykind,
This note is idenu[ied with and s~cured by chaetel mortgage of even date huewit~ coveriug certain persena! property and
eyu~pmcnt thereon, Pailure to pay thts note, ar sny o( che inscallments .hereof when due shalt, at the opuonoftheholderhereof,
mature ~tl of said instatlments then unpaid. The Qarties hereto, rhecfier maker, susety, or endorser, hereb; waive presencment,
demand, pro~est and notice of non payment; snd all endorser~ and surettes hereby agrce to any ~extensionsof ths ~irne~: paymenc
hercof wi~houe no-ice to chem of such extcn:ions. ~
Addrese.... P.....Q.a_..~.Q~. ~.~:_Z.$......~.........._ SiRnl~'~~ ...........(3tal)
[iusinees Address._......F'.4~..P.?~TS'.~a...~.~.QS:J.G~!~ ._....._..............._.._......_......_........................................._(Seal)
. R ~1 •
Phon~Reridenee.........._......_. Budaer~......_...._......_.._...... BQ~K ~~V •
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