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HomeMy WebLinkAbout0470 Chatiel Mort~age _i i~ ~ KNOW ALL MEN BY TNES~ PR~ENTS. rb.t---.~ox~._.~'.~~xc~.e~P_l.ying_~~ezvic.e,.--iasc..-_------ of tb~e City of _F~.__~.~~C~__ ,~~h, of _$t •__l.LIC~E... ~~uce of Pbrida, hareiaaher calied che mortgagar, (or ~ccurtng tbe payment of thwe aooaer lreretnattat m~encioaed, aud ta turtbcr caa~ideratlao of dwe ~um of________~____________ ~~i0 THOUSAND_ SEVEN _ HUNDRED _ S IXTY _ THREE_ AND 60 100- m~~,~, 2'~ f~ 3. 6 0 - - - - - - - ----1------ ' a~ly p„id by F IRST_ NAT IONAL_ _BANR_ OF__F ~~~__~~~E--- oorporuton or che cay ot F«c pterce Councy ot Se,Lucte, a~d 5ta~e of Plorida, hereinafter called mortgagee, ac or before the enealing and doifvetr ot thtae praena, the recetpt M6ereof b 6ereby acWwrled~eed, 6u ~anted, bugalped and wld, and by tbe~ue praenq daee ~ara, Sargain, tell aud convey unco the uid mortgagee, tt'i suc~es~on and autgra, eGe following dea~ibpd e6ate~L of ~hica be b che la~fol o~roer aad in ur.qusltfied poueuion, 1n the above Couaty and Sttte : ---~Qwati[y I e o 9uipmem wur um r r' N r Y~w ut ~1odt1 Eatr~ Eqripest~l 7'rsdt howe U+rd :Yuusber ..__Gne Supercub R Model PA 8-b290- Serial Numb r i Cash Selling Price s................................ Trade AUowantc on _ (\~me Arucle ~I1len in Tradei Payment in Cash ...........................................................................................................................s........................................ i~ct to Finance..._ . . Insursncc . ~ . . . . . . _ . . Z....... . . Intcrcst (or . ...Moaths, at... . . . . ~ _ _ . _ . . j...... . Amount a[ Cantratt _ . _ _ _ _ . . _ . j._...... . TO HAYE AND TO HOID, al] Lid aingulu che said personal propert~• abore birgained and w)d, or inctnde~i so to be, un[o [he s~id rnortgagre, i[s succasors and assigns (oreve:, A~D the said mortgagor covenants with said mortgagee, i~s successors and usigro, that said chattel ii free from ~It incumbranca, thae he hu good ngh~ to sell the tame as afuresaid; and that he sh~il and xilt wurene and defcnd ~he same unta ~de said morcgagee, its succerors and aaigns, agslns[ [he lawfulclainu of ~ll and e~•ery pep n or pertoro vhomwecer, ~6n he will place, pay loc, and coatiruuusly keep ~he said chaael atoresaid, trau:ed agains~ loss by (ire and ~heh, in the usuaf standud pulicy forms in a sum o( no~ leu chan the amounc of t6c indebcedneu hcrein secwed, in such company or com• ~ panies as may be approved by~ said mor~gagee, artd such policy ur policin shall conuin c6e usual s~andud mortgigee clause, making bn utsder ~ald pol- icy or palicies pa~vble co eaid mungagee, as ics insetest ma~~ appcu and ihali prompt!}' deliver said pnllcy or policie~ tcrgetter wi~h receipted bi1! for premium co said morcgaR•., PROViDED ALWAYS, and these presenu ue uponthe exprcu condicion, thu i( ~he said mong~gor sh~ll w~eL and ~ruty pay unto the said mortgagee, i~s succes:ors and as:igns, ehe aggregate sum of : 2763 ~j 0 Dotlus . securcd by one cereain promisscry ne~e of even dare herewith acknuvtedged, payable twenty-f our months after datt , made payable ~u said mortgigee by said mor~gagor, ana also ali expenses that may a sLall accrue in the event ot the forecbsure uf tuu mo:tgage, reaux~ablc anurne}''s fees and cos[> of court included, then these pcesents :dall be void; otherwi:e, to remain in full force and rirtue, And ~he said morrgsgor, fa himcelf and his hevs, executors and adminisvacor?, does covmant and ~gree to and rlth the said morcgagec, ics >ucceswrs and usigns, [F.a: fn case default shall be made in the payment uf the said eum above memioned or any insialimeni ~htreof, a in [he payment of ~he whole ur any pan of chc inceresc thereou u che times and in ~he manner provided in +aid promisaory note; or fn case the said party of tho (ust part >hall remove tLe said gouds, chactels and penonaS propeny or any of ehem pithoue rriccen permi~sion o[ said mortg~gee; or permit ~x su(fer anp aeuch- meuc or o~her prcx as ro be levied upun said property or any parc thereu(; ~x permit or tuffcr any judgment t~ be en~eted up agaimt Aim, then the said aggrega!e sum o! muney herein mentioned s'~all l~ecome inscancly due and pa}'~le, ~t [he optian o( the said rrwrtgagte, and then it shatl and may be lawfut for thi: morcgage ~o be immediately forectosed for tht whole of said mone}•, inurest, cusu, fees, chuges ud expe»ea iforeuld, . Thu in [he evenc ae the beginning of or st any time pending an~• :uit upon this mortgage, or to (aeciae it, a to tetorm tt, and/a co enforce p~y men[ of anq claims heraunder, said mongagee shaU apply to the Court having jurisdiction ~herro( for tht rpp~otntment of ~ Reettver, such Coun shrll (orth~ith appulnt ~ Rcce[ver o( said matgsged property all and singulu. Fa ~he purp~e o( preserring uld propen~• during sbe pendcncy ofaaid forecloa- . ure proceedings, and such appoinemenc shall be made by such Coun ss an admitted equity and s matter of sbsotute rtght to ~aid mnrtgagee snd ritlx~u~ ~ reference to the s~id adequaey or inadeq~acy of the value of ~he property mongaged oe ~he solvency or I~usivency of safd rtwrtgagexs :rtd/a t6e deterd- an~:, it being ezpressly under:tood and ~greed thu said propert~ deteriorates thmugh usage and chat [be purpoit of the appointmenu u( such Rtcetver is co hold said propcrn inucc and sa~~e same from deterioration during the progress of foreclosure. The violacion of an}' the foregoing pro~isions hercin shalt, u the option o( the matgagee, cause the indebtedneu herein secured to become due and pa}a61e, The cnv~nants of the r.wngsgot herein nhall bind him, his heirs, execucon and a:xigns, If more than one joins in the execution hereof as rnortgagor, or tither be of ~he teminine sex, a a corporation, the pronount snd relative words here~n us~d shall be read'a~ it wneren fn plunl, femi~iine, or neutet, respectivet}•. ~2nd Iti WIT\FSS WHERfOF. the mongagor has hereuu~o set his hand and seal [hb da} of NOYCIR~~_ 19_~1S Signed, seoled ~nd detivered For~ Pieree 1 lIl .S ZI1C . i he presen f: • _ ~ ~7~. ) ( SEAL ) ` ~~~1 by ~~s..d._--- - r~o. ~ = 276~ bCJ Fort Pierce, Florida NnvQmh~r_ Z~_ lA As here[nafrer pro~ided ( lire ) join:l~ a~ se~•erall~ promise co ~a} ;o ~he order of Fi~ r~t National Bank L)f FO~t ~lEl"C~ TWO_TH~.7USAND SEVFN_HUNDRED SIXTY TF~EE AND 601100-~-~------- a,,,u, payable in ___~L~ consecutive monthly insuliments uf T__~. ~_S___1-s _ ~ _ esch ~ j ~ ~ commencing ~ 19~.~ad s itaal insullmenc of S - _ payable at F ar t Pi er ee Flmida, rith interest sftcr Mstusiq• at tbt ra[e of eight per cent, peT annum umil paid. Tuge~he~ r~ch a~i excnange chuges and alt cuss a expemes incurred in ~he collec~iue ot ~his :xxe ar any part eherent a in prmection or preurving ~he property described ic ~he foregoing chauei mor~gage, by suir or u~herw[se, inctuding a rea~onable Anorney's fes of no[ leu c6an 1.5 per cem o( [be full amu:m~ then due hereunder t~ giren after muuti[Y ro an sttarney (ot colkction or attention. To (urehee secure this nute the undenigned sl~o gi~•es specifictlly to said bank ~ Uen on all depwit aecuunts nor or 6ereaher in pcxseacion of said bank co ~pply same on [his note attec defaul~ withouc notice or formality o( any kind, This no[e is iden[ified vith snd secured by chsttal mwtgage of even d~te 6erewi;h covering cttt~ln pe~swsal propett)• utd equ[pmeat thtreon. Failura to pay thi~ note, ur any u( t6e insullmenu thereof rhen due t6a11, u tke option of the hoLder heceof, mauue all of i~td [nstallmcnu ~ha~ unpaid. The par~ies hercro, ~he~her maker, surety, or endorur, hueDy ~alve presenrmrnc, demand, praeu ~nd rwtice ot non-payment; ud all endorxrs tnd sureties hzreby agree ro any exteroions of thc time of payment hereof vi.hout noctce to [hem of wch extemiom, ~aa~e:. _P 40_ ~~4Q~~.~i~r.s~e~ Fla. F '~~+~>Inc. ~ B:.~sincas Address J, bY (i~ -~,r~ ( SEAL ) Phu~t - ReSideneC ~ Business - u e aooK ~