HomeMy WebLinkAbout1958 "G~°~"T "o. NOTE AND CHATTEL MORTGAGE EAC.~LE FINANCE Co~ •
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bOitROWER9 n~MC~a~ wtin ~ ~ ~ ~ ~ ~ ~ AODREH6- u
ADDRFffI[!1 r .
~ n r t 18 *`L~~.---~.lit. -
~'"~'.A~~~ I r + ~ DA7E OF LOAH ~-1"'~~6']
~!ILTON S. F.ivl) G.IArNI~ A. COOKE ~y~~
~ p AMOl.I N7 OF LO~?N~1 Ll ~ L V -
0 2908 Sylvan Terrace
a ~ rpT't rierce, rlorida , scHEOU~e oF PAYMEN7'8-~X_~~. I
« r ~ _J -
" pIRpT PAYMENT DUE .~n -
~ ~ FINAL PAYMENT DUE ~~VZ/~{4~~
a.si i711U ~ ~
~ - 6ECURITY -
~ • ~.vz:? ACREEU R/?TE OP INTEREST:
' PER MSONTH ON THAT PART OF THE ~
~ UNPAiD PRINCIPAL BALANGE NOT EXCEED-
' ING i900.OQ.
~~~.,rs~ ~ 27. PER MOkTH ON ANY PART THEf2EOF
~Mp _ EXCEEbING ~300.Od AND NOT EXCEEDING
ssoo.oo.
I7ISBURSEMEN!' V4CTCHES
The sbore smoant ot tosn, toRet6er w~lth iutrrest it the a~reed »te is pay~ble
Amount oE Inan _ . _ _ _ . 27~•~~
in monthly Installmrnte according to the •ba~e rchedule; eueh installment Dting
DEDUCTIONS 2'~i 1 21 ~ Z dne oo the rd dr~' o[ ea~h munth bcxlonlnK witb first p~y-
$alance Due on Loan f7o._-~
ment due dste •nd eosUnninR antil the entire smount, plas [ntenei, ie psld in
Inte: est 2or - 3i-__ days . _ _ S -
tall.
Documentary Stamps . $__~__e~ N O T E
Record±ng Fees - hlortgage . _ $_,~i~~_ . For ~alne re~ceiced, the aoderei~ned, Joi~tly snd ~eierall~•, t~rumlee to pay
Auto Lier. _ to the ibove lender, rt ite ~bu~e utfiee the princlpal smonnt ot thi~ notr toRetLer
; ~ wit(n Intereet ~t the ag~erd r~te !n muathly inetallments, all s~ abore etated,
Releasing Fee~ - 2.!o.*tgage ;..___._2s_J~ _ ssid psyment~ to be appllyd ilrat to wid lutereet t6en dae and the remslnder
to qld priatipal.
Credit Life Ins. Frem. $_1! The anpsid b~lanee ot thts note, or ~ny psn thereot, pias secrned interert
m~y, at the option of t6e nndarsl~ned, be peld at sny time.
Less Retund S~-~ Eietsnlt in the payment of sny instsilment of the prinripsl or interert
Net Ciedit LiIA Deduction ~ •~R hareo[, ur of ?nq part ot eit6er, ehatl, st tho optioa ot the holder hereot, ~ad
H~d A Ir.s. Prem. 310• wlthout natiee or demand, render the then nnp~ld bslsn~e ot the prlnclpsl herenf
snd scernel Intereet Gtrnon, at onee dre and pay'able, iocladlnK sU coste o[
Lesa Retund S~ eouecttun aed rttorney's fec~, bnt only ta the extent thsC snch attorney's tees
Net A& H Deduction • 8~ ~claded !n a Jnd~necnt enterod harcan.
Eztenelon oi t6e time o! psqment o! ~11 or any psrt ot the smoaot owin~
Ijjs$jjgg~jQ'j$ hereon st ~ny ttme, or timee, ¦hall ao! sffect the llabillty of any party hereto.
CheCt9 t0 Undersigned ~d T6e anderetaned sckaowledRes zecript of s etstemeeat Iu EnRUsh as roquired
; b~ Scctioa 14 01 Ch~pter 10177 ot iswe o[ Floztds and Sectlon 15 ot Chspter b16,
AcE~ ot 1841, aa rmended.
- S The p~qce Yertin n?mcui ta liceaeed by the Stsie ot Florid• to msice loxn~
; nader th~ Smatl Loaa I,~w~ u! Florida, Ch~ptcr 1O177, Acta of 19:b, as smeaded
by Chsp3er 20728, 6cta ef 1941, snd Chaptcr 516, aa smended.
Total Deductions ~d Disbursements (Subtract) $ ~3 ~ • ~t
Cash Received by Undersigne,d -
Disbursed by
CNATfEL MORT6AC7E
The naderelgned, herein~fter reter~ed to aa mortRs~or, hereby scknowledRe reer~p6 of ~ losa trom aboce lender, mort~asee, •e evidenced by~ the
sboce ootc of e~en dste herew[th, eseeuted by nnderelRned and payahle 4o mort~sRce ln t~e amoant snd npun the terma as aboce etstcd.
row~, thenlore, in cuns3der~tion o[ ssid loan snd to farther eeearo the paymeot ot wld aok, the mvrtRsgor hereby cunreg!+ ~nd mortgsxes to
ssld mortgiqee, its succeseors, and tesi~ns, the ch~ttele hereinsttrr descrltxd; pro~lded, hawerer, it said mortRRgor 9hs11 pay and dischrrge said note
~ccordinR to the terotie thrreot, the~ thte mottK~ge to De void; otAerwise to remain ia faL forru ~nd rtfe+ct. A~11 psy'menie made st •uy time on srid
notr sh~ll be •pplied tirst to eaid lnterest then dae ~nd the remainder to s~id princ.p~i tit? p~1d. The nnpa[d bslance ot ssid note or •ay psrt
thereot, plua sccrued interest, msy, st the oPtion ot the nnderrixned, be p~id st auy time.
~IortR~6or representa, w7[ifh~6, coceusntA, •nd sAreee: thst JIor4Rsxor !s l~wtnily seized of and hse ood ri~dt snd title, iree [rom enr¢av
brsaces, to mortFage and pledge said propert~•; to delicer certiticste of title (it ~ay!, showlu this li~n, to ~ortRaRce; trz keep esld proptrty free ot
s11 taxts, liens and eneumbnnets; that ~ny ps~-ment or distbst~e lby 3(ortRagee/ of bxe~, l~ed~, fneursnce and enenmbnnees un said property or
•ny other wmoun4 oNed to ~tortRa~ee by MortRaRoi ehall Ae !lCdfPtl b)' LhlS mortX~aRe• to keep ~sld prope rty fuiCfPa b)' 66CI1 IpB~faUCP ~s MortRrRor
inay trum time to time reqaeet, ptuioR EncL insnnace N ith eomp •nier ~ecepts6le Lo ~orERaRn+ sad deltcer ench pulfeice f w~ith lose pa~-sble etaube in
facor ot ~iortRaRee) to JlortRagee; to spply thr Procecde ot ~ny inrursnce, reK~rdless how reslised, to the IiqaidRtion ot the amount due; not to
remuce the property Irum the Stste, nor ¢se !t illesally, impropeNy or for hire, nor tnn~[ar ,ny interest therein withuai prior written cunsent ot
MortgaRce or N~ithout accouotinR to flortR~~ee fot the proeeede ot •ny tnnsfer; to psy ~il nc~rding aod oth~r tharRe~ in connection thenwith; Zo
hold rnd ea~e humlees the Jiurt rR~e+ irom •ay snd ~ll Ilsbility sri~in~ }ruro the ase of the property.
[t is aaderstood snd sgreed t~st: timc is the essenee ot thiy mort sKe; the W~i~er aed indalRenee ot say def~alt 1n •ny ot said terma, eoaditione,
eo~ensnte, representation9 ~nd s~reements shsll nat operate ae a wa~rer of ~ny- eubseqoeat deta~lt; euh snd e~~ery remedy herein eontained shall be
cumulatice snd in add(tion to every oLher remed 3- R~~en herenoder, oe aow or hereatter eziatinR st law or in equit y•; it the ~tortR~Ror i6 in default on any
of the ttrma, cunditions, co~e~nsnts, rtpreBentatlons snd ?Rretments ot this murtFaRe, or Bhould s petitien in bsnkruptcy be f~led by or sqsinst the
?IlortRaRur, or sny spplicstion msde, or sny proceedinR earttmenced ior the sppointment ot • receicer, truFtee or liqaidstor tor tht ~lortgaRor, or ~ny
~~11 of the Jlort~aRor's property~, or if sn;~ c:ecntiun, attarhmrnt, seqne~trstion, ot any Nr'rit ehall be iasaed or le~itd on the praperR~, or any part
thereot, or i! the NortRaRee Rhall ~t sny time, tn its sole Jnd~mrnt, teel itAelt Inseeare or nasste or fesr the diminution, rcmocsi or wsste of the
propert~•, or sn~- psrt therPOt, then and in aay saeh event, the JlortRaR~ ~~Y decl~ro t6e w'hole sum remaiain unpaid snd secured hereb3 , to be
due snd psy'able forthwith, anythin~ to the contr~ry thereot, heroi~ sod in said natA+ notvrith~twndinR; sn~ the NortRsgee m:y takr immedi-
sto posnession ot said property~ a~hetecer situsted, N'ithout notice or ptoteedinX at Isw or in eqaity, and ~ell the Aame st public nr prisate nsle, with
or wlthoat hr~inR stid pruperty at the plsce u[ efle, npon su~h trrms snd in PIICI/ msnnet ss the .llort~sRee msy determine, unless tAe State I.aNa
yreseribe e procedure on such srie, snd tn sueh case, the sale aha? be heid sc~ordin~ to euch reqair~ments. The iHort~s ee ehall h~ve thc riRht at
•ny ~uch eale, to purchwse said property; but in the ecent oY Ruch aale, ont ot the proceeds thertut shs? be p~id tirst sl~ 6LitYLo~y fOetA •nd other
~:penses ot tskinK pusses~i~n and selUnR erid property; and eeeond, there sdaU bc paid sll Foms due and anpaid oo eaid nott; •nd third, any bilanre
remsinin~ atter dedaetinx any other ~muunt or rmounts dae to J1ortR~R~e; or its assigns, trom the ~[ortgrF~*. ghall be psid to the NortASRor, snd
iL is •Rreed thRt in the e~ent the sumA resli:ed upon the eale be insufti~tent to psy said indebtedneea and expenus, and any other amonnts sc~ured
by thie mortg~~e, the NortRrgor ehsll pay any such detieiency wit6 intereet. S~id 3lortRa[~o~ doea herrby expreesly wst~e sny scteoa or riRht ot
ution or sny ~I~ims rvhstsoe~er th~t :1IortR~Rot msy hare ~Kifnst the MortRsRee, Ita s~5cnte or employcra nsaltinK irom the repo*seeefon, rrmovsl
or retnnt[on uf aaid proyt rt or •ny ptop~ rty~ therein contained, or otherw~is~.
Thie mortqsAe yhall br b~ndinR on the helre, ezecutors, sdmini5tritors, eaecessora, and •saiRne, of the 3SortR~Ror, ~nd Ms to sll ot ite riRhts and
~ pricileR~s it shall inure W thF benetit at the sacceesors, tnd assiqns ot the J[ortRSAee, snd it conts[nc the entire rRreement between tMe p~rties
hereSo, cither cerbsf or wrftten. 'fhfe morLKrRe dhalt co~er any and sll tutar~ ~drsnces made by~ the ]iortRsRre to the ~IortR~ROr, Nhether apeeifie-
~II~ IiRted herrurtder or not. The MortgsRee is wathorisrd to correct errora Ln this mortgage •nd the note executrd in coonectfon herewith.
6eRCriptlnn ot property mnrt~~Red:
YOTOR MaYi I YNeI Ms. B~dr Sh'le Deiuu sr New K Uud Saial N~. K~4ar N~. C71. ' Yw
YENICLE 5~~ `
i ~ 1
Complete with all eVuipment, parta and sc~essoriea ncw 'thereon or hereafter attachad or placed thereon by the murtgagor.
wrzn~ox HHG
M~. DescrlVtlM ~ Ns. I Descriotlee N~. ! DescNOtles ~ N~. ~ Deurl~t{Ne
1~r-ushed ~ronze Cre e R~ _~an Table F, chairs _ 2 Sinple 3eds _ o~bl~ _
_ r-.$. d " G;
,'I'V _..~I~l~r.. rm S e t C h a i~ s
_~'~~r~a +•1~,yta~ :~uLo ':'asher Ta':_le lam~,~- 1 F,~
~ N~~~.:~i~~. ~ ; ~n Bedre~;m se _
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