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HomeMy WebLinkAbout1673 Ghattel Mort~a~e 13~8~j1 KNOW ALL Irl6N BY THE'SF PRBSBNT8. re,t. E~__Zachow-------------- of tbe City o~0~'t__P~81'~!Z__ , C,onntp ot _s~ti.__.~1~~~~1.. aad Sute oi Flotida, barttnafter called tlre morcgs~, far securiag ~he p~rmeat of ~be moner hersin~ftcr a~en~ioaed, aad la t~stber eonldcratioa ot che ~wa of-------°------------- _Ei~~t Hundred 5event~r_Five e?rid 00 10a~*~**~~*****~*~**** - =-----------------•------------~u.n_------ dulr psld by _~.''~Zd~_Hg~~QII81_..BRII~G_p.~-F~r~-~-~~~G4--- . i~paation ot cbe Cisy o( Forc Pterce CountY oi St.Lucie, and State of Florida, hereinafter callod masi6agee, at or before cl~e enesling and dellrery ot chae prae~s, the recetpt wbereof i~ berebr ackn~wlEdgod. Iw ~raacad, bargslaed and ~oW. and by cl~e proseaa daos graat, baraaln. eell aad ca~vey uaco cbe saW mortgagee, ic's :ucce~on and autgm, ~he folbwiaa dwcribpd rhatceu oE rWch be b che lawful o.rner a,aQ i~ uppwlified paaeaba, ta the above Couacy u~d Siate : ~ tiry T~ u~prt~t o~or ~m r r~ Nuelxr ~U+ed hf ~If Eav~ Fqwpat~t t ~ ~ , ~ / ~ Cllf1 .S~II1Rg PfICC f 7rade AUowance on (laaoe M~:ck 7'a?es in '1'rade) Payment i~ Cash Net to Finance....-° _ f-............................... Inaurancc ~ - . . . Intrrcst for...__ .................Monthi, at Z-....... . Amouot of Contraet _ . . _ j.......... . TO HAY@ AND TO HULD, all uid sfngular che :aid perwnal proper[y above bugauxd ~nd sold, or intended fo io be, unto tlte said mor[gagee, iti succetscxs and aseigns (ore~er. AND cke satd mortgsg« covenan~: rich said mortgagee, its sutceswrs ard as+ign, thac uid chattel is free from ali incumbranca; chu he 6ai good ~ight to se11 the tame u afurcsaid; and thu 6e shall and ~ill rurent and de(cnd the ieme unto t6e siid moctgagee, iu succefwn and migess. ~ga[m[ [he la.vful ctaims ot ail and cvery penon « persom rhomaoevu; chic he ~ill plsce, pay (or, and coirtinuously Meep che s~id chutel aforeiatd, insured~ against loss by (ire ~~d thefe, in rhe uwal sundard policy forms in a sum of not lets t6an chc amount o( the indebtedneo hertin seeured, in such tompany a com• panies u may be approved b}• said mottgagee, and such poliey or poticies sha11 conuin che uswi uand~d morcgagee clause, maktng bss under said pol- icy w policiet payable to said mortgagee, t+ its imerest ma~• appear and sAall promptly dellver eaid polfcy or policits coget6er wich receipted hil! for premium to said mortg~R?~, PROYIDED ALWAYS, and ~hese presents ue uponthe e prea ec~ndi~ion, th~t if the ~aid mongsgor ~sll relt and « uly pa}• unto the said mongagee, its succeuars ud asaigns, [he aggreg~te sum of = 87 S DO~~~' ~b secured by one ceruin promissory note of even date herewi[h acknurledged, pay~blt /I -~w~wthrwfter date , made payabk to said mortgagee by said mortgagor, and ako all txpeenes chac may ar s6all ac¢rue ln ~he ev of d~e fotecbuue uf this mortgagt, rearonable attwney't [ees and costs ot court included, then tbac presenu ~ha11 be void; ahetrise, w rtqfain fn full face and rirtue. And c6e said mongagor, fa himcelf and hu Ae'vs, executon ud admtpisaacas, does coven~nt and agree to snd ~ith che uid morsgagee, iu succeswrs ar,d asstgrts, t6at in rue default shall be made in che payment ut tke s:id sum above meottoned a aay imtailment thereof, a in ~he payment of the vholc ~x any part of thc incerest thereon a[ [he t(mes and in ~6e manner provided In satd promiuory note; ot ln cau the safd puty of the firn put thall remove t6e said goads, thictels and perional property ur any ut them ~ritlam rritcen perenissitw d sald mortgagtt; ar permie ~x suffer any aaach- meut or oc6er prc+cess to be levicd upun said propen~• or ~ny put [hereut; ur permic or ~uf(er any jnd~pneat tu De encered up againu him, chen the said aggregate sum at money hcrein mentioned ~hall Decome instantiy due and payable, u the opt'son of iht nid matgagee, and then it shall and may be larful for chis mortgnge ro be immcdiately forecloxd for ~he rhoic uf said muruy, imerest, c~cs, fees, chuges a~d expemei aforeuid, That in [he event u~he beginning of ar at any time penQing an~~ suit upon [his morta~ge, a to (areclou it, a to retarm i~, and/er to enforct pay• menc ot sny clalm: hcrcunder, ssid morsgagee sh~ll apply ro che Coun having;urisdictlon thereof for t6e appotntmrnt o! a Itcceiver, wch Court ~hsll (onhkith appaint a Receivtr af said mortgsgt4 ptoperty aliand :ingulu, fa the purpose of psexrving uid propert~• during ehe pendency uf said faeclou- urc Qroceedings, ~nd such ippoinimene shall be made try such Coun u an admiued equity ud ~ msttu of rMolu~e righc ~o said mcutgagee and ritl~ouc retetence eo the said adequacy or insdeqoscy of the va1~c uf che property matgsged or ~he solvency or iruolvency o! s~id matgagcxs and/or the defend- ~nxs.lt being expres~ly uudentood and agraed sha[ aaid propercy deteriorstes ehreugh usage urd that ~be purpa:e of ~he ~ppuinsmenu u( :ucl~ Recedver is co hold sa;d ptopeny intact and sate same frum dc[eriur~tion during the progess ot (oteclosure. The vioLtion of aay ot ~he foregotrtg provisions herein shall, u rde op[ion of che matg~gee, cawe ede i~ebiedness herein sccured to become due and pa}vble. 7he cuvenana of che mong~gur herein shall bind him, hls htirs, txecucun wrd usigna, If moro ~han one joins in the execuHon 6ereof u mo:tgagor, or either be of rhe feminine xx, a a corporatian, [he pronouns ar~ rela[tve vords herein used shsll be read~as if written in plural, feminine, or neater, rcspectivefy. tN W[TNESS WHEREOF, the mor~gagor ha: hereunto xt h[s hand and ual thi: 26th da}~ o( . 19~ Signed, seal~d :nd delirezed ~ in ~he pruence oh s ( SEAL ) ( SEAL ) iI~O~ , No. O ~ 7 =~Q 7S ~ Fwc Pierce, F~orida Q ~ . 19 p~L ~ As hereinafter ptovided ( 1-.~ ) juinily and sever~lly~ prom(sc to pay to [he ordet o( The First Nstional Bank ~f Fort Pierce Eight Hundred 8eventy Five 811d 00~100******~'*~~'~*'*****~#**~'* ~ilu: payabk in ~~~L74~P,~9C ~ x~~~ _ payable at Fo rt Pieree F~ta~, ~it6 iaterest shtr Muurtey at tbe ?ate ot eight per cent, pu srn~um umil pald. rogrenr; w~cd a11 excDange charga and s?l con: « expernes tncurrtd in the colkc~iun of this rwts or any part thereof or tn prcxeaion or preserving [he property described in ehe foregoing chu[e! mortgage, by wit a utherrise, intludfna a rea~onible Attomey's (ee of mt less than lb per ccot of tbe (ull amuun~ t6en dus bereuoder if given sfter muur[cy w an ucorney tor collection a attencion, To further secure ~his nme ~t~e undenigr,ed sl~o gices speciflcaily to uW bank a Ifen on al! depait accounu aor a 6ue~f[er tn pocss~ton of said bank [o appl~• same on th:s nace ~ftcr defaulc .iitwuc nocice a formslity ai any kiad, T6is note i~ iden[ified wECh and ;ecured by chactel mnreaage of even due 6ere~rft6 eovuing cenain penonst propen)' and equtpment thcreon, Fsilure ~o pay ~his rate, os sny of cAe insultmcnx~ thereot ~ben due ~hall, st ~he optioa o( che boider 6ereof. rr~wre ~ll ot u[d tastallmenu ihen unpald. 7he putia hereto, ehether maicer, surety, w e~oner. hercby wal~'t praeocment, demtad, protest sad notice of non• ent; and + + and rurctie~ lstrtby ~gree ro any cxcemions of [he time o( payment hercoi witbout nocice [o them Addres~ _ ~ ( SEAL ) Basinen Address ( SEAL ) phone - Residence Bu:iness _ 60Q~ 4~4 • -_.irr~