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HomeMy WebLinkAbout1986 "CCO""T NOTE AND CHATTEL MORT~e~G~ EAGLE ~INANCE _~s~p._. ~.____2L2. "9'~Ll_.,.____ oF_. F nrt P3,e.~c;~---------- ~R" 60RROWERS NAME~91 Ar+U • „ ~ ~ : • ` ADORES$_ '~1 815 ~rar. e A enue ' ~~oRCSS~~s~ y Ft. pierce, rla! ~:r'!'~L A?~~ r-1''}:I~ SI"-.~7t;5 ~ or~ra oF wwH---.--1~_.(,~,~ nt. Bo~ ~9~~ -------T--_.._~_ ~ ~F'. wMOUNr oF ~onr~ ~'~~,.~~~T1,,.~ ~ `-,~•~y" 'r'ort P~e:CE;~ r~OT'1C~A. •GHEDULE OF PAYMENT9 Y ~~f1'_~X~ ~ r~~i~ t - J '--------L- ~ x. ~ FIRBY PAYMENT DUE _ 1~~~~-~~(,7 . ~ ~ FINAL PAYMEfVT DUE _12~L~.2.~__~_ / BECUhITY ~ f -~C-~Ilt.h _ ~ I. ~ ~GREEO RATE OF IN7EREST; ~ ' $7• PER MONTH ON THAT PAR7 OF 7ME UNPAID PRINCIPAL BALANCE NOT EXCEED- ING $300.00. _ ~ 2",4 PER MON7H ON ANY PAR'T THE:REOF EXCEEDING 5300.00 AND NOT EXCEE6ING - - - - ~ ~600.00. D15HURSEMENI" VOUCHEfl 'P~e aDo~e amoant of ioan, WFether wlth latereet •t the agreed nte !e piysble Amount of Lo~n . . _ $ ~0~_l~Ei lm m~nthl~- In~tallmente accurdenR to the •buve athedule; euh Instaflm~nt beinR DEDUCTIONS dne an thn day ot i»eL ewnth beginnin~ w•ith ti~at p~y- Balan: e Due on Lcan No ~ ment dae dxte and continaEn6 until the entlre amuunt, pla~ intrreet, ia p,id in Interest fo• - days _ _ _ f~. Documer,tcr:y 5tamps $_~_a~2~_ N O T E Rero*dir.y Fees - h".ortqage v~ 3..~_ For niae tereised, the anderelgned, Jointly and aeve+slly, bromlop to pry Auto Lien _ $__~~+i:.~ Yo the ebove lender, st lta •fio~e uttice the pri~~eipsl amonnL ut thie note togetbet K[th intereaf rt the aRrred rate In monthly instalimente, sli ~e aDu~e Etstesd, R~lea;ir.g P~es - Tf,ortga~e w Rsid psymen~e to De wpplied iirst to said interest t6ea doe •ad tse remainder to esld priACipsl. Credit lsie Ins. Prem. Tbe anpsid b~tsnce of this note, or anq part thercot, plae sccrned lntere~t u may, at the option of the nuderetgnrd, be paid ~t :ny tlme. Lssa Relund Deirnlt 1n the psyment oi any inetaldmnnt oi the princlpat or intrrnet N9t C[edlt I..ife Deduction $ ~_~~t herrot, or ot ~ny part o1 either, shall, st the option o( Yhe helder hereot, snd H cnd A Ins. Prem. ~ z~_ Q£j w•ithoat uotiee or demsad, render tLe then nnpsId b~lance ot thr priaeipsl heroof end ucrned interrst hereon, st once dne ~nd p~yable, incladin~ s(1 coets ot I.ess Refund S colleetiaa snd attorney'a tcee, but only kr E6e e:tent thst •uch rttotney'~ fees Ne! A& H Deduction inclnded ln s Jnd~ment entcred henwa. Lr:teuaton of the time ot psyment of a? or ~ny psrt of the amonnt owtn~ DLSBURSF~ENTS hezeon st any ttme, ur timee, ehsll not aftcct the ti~btlity ot sny p~rt~~ 6ereto. Chxks to Undersigned cald Tha~ anderal~ned teknowlydgee recPipt of ~ etatement in Ea~li6h s~ requlred :':al_1nr1s,1 ~ns»ra~,rP ~_?~~~1 by Sectioa !4 ot Chwpte+r 10177 of laws of Ftorids and 6ectiua lo ot C6spter 516, ~ ~ ~~),y~ Acte of 1941, Rs amcudad. ~ - The p~y~e Lereia nsmeal te Itceneed by the Ststr ot Florids tu make loane ender the 9ma(1 Loan Law ot Florids, Chspter I0177, ActR of 1923, ss smended by Chspter 20728, Acts of 19i1, and Chapter b16, wa ~mended. Total Deductions ~d Disbursements (Subtraci) ~ ~0 ~ ~)~(Z _ Cash Recaived by Underaigrl~d Disbursed b ~ ' r CHATTEI MORTGAC7E T6e andersigned, herelnalt~r referrrd to as mortRS~or, herebp wcknowlcdge recr~pt oi s losn lrum ~boce leader, mortRage~e~, sa e~-id~nced by the aboce nute of P{'PII dste herewith, exernted b?~ undereigned snd pa~~ble to mort~s~~e in the amoant •nd upon t6e trrevn •a sbuce stat~d. \oac, therelore, in cunsiderntion ot said losn and tu fnrther &MUtI the pa~meut ut ssid note, the morlRa~or 6rreb7 con~r~H ared mortRoReb to asid mortgsgre, its succeseors, snd s~aigns, the chettele herein~tter deecribed; pro~ided, howecer, it yaid mortRaRar ehsll pay an~ diachsrr~e r;aid note acrordinR Lo the trrms thereot, then th~s mo~t~a~e to be r~~id; other~rixc to remsin i¦ fnL force snd ef(ect. Ali psy~ments msde at sny t~me on said nute shail be •pplied first tu ssid interest then dne snd the remainder to ssid prinetpal aatLL p~id. 7'he unp~ld b~lsnre ot said note ur aay~ psrt thereuf, plue sccrued interest, msy-, st the optiun of fhe nnderei~ned, be psid st any~ Nme. ~lortRSROr representR, Narrrnta, co~enants, and aRmes: that MortRs~or is Irwfully setscd ot snd ha~s Rood riRht snd title, ir~se tiom encum- hrsnces, to mortKsge snd pledge said property-; to deti~er certiti~ste ot tltle !it ~n~•), sbowfn thie 11en, tu 'Kortaa;ee; W keep esid propert~~ trec ot all texes, liens and encumAnncee; that any psymeat or die;ehar~e ~by 3tortgagee) ot tsYes, I~eas, lnsurgnce and encumbrsnees ou eaid pronerty or any~ othrr amuunt oµed to SiorLgaXee b~- ~IortRagor shsll be secured by this murt~sgr; to kerp esid property to~cted by eUCh insursnce ae Aiortae,~or may~ irum time to time rrqneat, plrcinR such insursnee aith cumP•aiea ~cceptsbte Lo l4ort~~gee snd deli~er suth policies (µ'ILI1 IOSS paysble ct:ase in fsror ot >Sort,qnqee3 to ~Soztg~get; to appiy the proeeede ot sny~ insurence, reRardlean how realixed, tu the liqntdstion ot thr amoont dar; nut to remu~e the property frum th~ St.ate, nor use it ille~sll~~, improperl~ ot tor hir~, nur tnusfet any intsrest therein ssithoot ptidr Krittea consent ~tortReAee or without accunnting to lfort~agee tor the proeeeds uf xny transfer; to psy all recording snd other char6~s in connection therewith; tu hold nnd eate hsrmtesa the JlurtgsRee trom any- snd •!1 tiability~ •risinR irum the uve of the prapert~~. It ls nnderRtood snd egreed thrt: time ta the cs9enee o[ this mort~~Re; the Nsi~er and indol~ence ot •ny dets~lt in sny of esid terma, conditionq, coccnsnts, representations •nd •qreemcnte Rhstl not opetste ss s µ'alti'er o! any~ subseqdent defsult; rarh and every remed~- hetein cvr~tained shsll be cumuls4i~e ~nd in ~ddition tu e~ery other remedy ai~en hereander, ur now or hereafter eYistiag ~t 1sN ur i~ eyuit y'; it the 1SurtKaRor is in drtsnlR on ar.y- ot the terms, eunditionx, eutienantR, representations ;nd sqreements of this murtgs~e, or should • petitinn in Gartkruptcy~ be tiled by or a~sinFt the 31urtRsRor, or sn}' application made, or sny proceedin~ commeneed tor tbe appuintmeat of s reeeiser, trustee or liqoidstar for the }tortRaRor, or any or s!I of the ~IortgaRnr's pwpert~, or it sn}' eYerution, attachment, acqueetrrtiun, or ~ny ~{'rit rhsll be issucd or Irtied on the ptoperty, or tny part ~ thereuf, or it the Slort~a~ee shsll st ~n~- t~me, in it~ sole judRment, feel itselt insecore or ansate or fear the dimtnatiou, remocal or ws~cte ot the prolrerty, o~ sn~~ part thereot, then snd 1n sny- ~uch event, tht JfortKaRee+ msy declare the vchole Rum temsining anpaid and secured hereby~, to be due and pspable forth«ith, snythinR ta t6e cuntrary thereuf, herein •nd in s~id note notwithstanding• and the Jiort~sgee msy takr immedi- ste possession ot ssid proprrt~~ Kheret'er eituated, Hithuut nutice or proceedinR at lativ or in equit~', and cell the ssme at public c~r pticate sate, with or Kithoat harinR caid ptopert~• st thr place of sale, npon such terms sad in surh maaner sA thr liurt~a~ae msy- determine, onless the ~tate I.YN'R prescribe~ a proredure on such RAIr, snd in sneh case, the Rale shrU be held sccotdinR W Fnch rnquiremrnts. The ~[ortgsgee +chsl! h~~e the riRht at any such safe, to purchase said propert3': but in the ecent ~l rurh Fale, out o1 the pruceeds thereuf shall be paid iirat sll !statuton~ rosts sod other rxpenses ut takinq ~ussesston and sellinR xaid proprrty~; snd rsecund, there ahs11 br paid $il sums due and unpaid on ssid note; •nd third, sny bsisnee remaininq sfter deduetinx sny other smount or amuunta dae to ~IortRSKre; or it: assiRns, trnm the ~Iort~aRor, ahai! b? puid G~ the Mur4~agor; and it is aRrerd that in the e~ent the aums reali:ed upon thP Pale be ineutii~ient to pay said indPbtedne~re snd expenses, and any other amonnta Fe~ured by this mortX~Re, the NortRaRor ehsll pay- any such deficiency with intereat. 5sid JturtR:qor does IIP~PDj' Pxp~PA81}' N'al\l• aay •ctiun or right ot ution or any ciaima Nhatcuecer thRt JiortFSgoi may- havr aRainst the ~tortRrgce, its sgeats or empioyee~ resultinR trom the repoasesslon, removal or r~tentiun ot eaiA property , vr ~ny Prop~ rty- therein contained, or otherKiae. ThiK mortqsRe sha11 tx~ b(ndinR oq the hetrs, ~xacutors, administrsto~s, eucce.core, and aRSe~ne, of the HortRsAor, snd as to stl ot its rlxhta and priailege3 it sh~? i~ure tu the benetit oi the suece~sors, snd assiRns of the MurtKSRre, and it cnntsins the entir~ s~rerment brtween the p:rtira hereto, eithrr cerbnl or writtea. Th[s mortgs~n ehall curer sr.~ snd sll futura~ ~dssnreg made b~~ thr ~IurtRaR~ tn the ~1ortRS;;~r, v~hrther 6peri(ic- ally listed hereunder or not. The ~fortgsFee ie snthorised to corrrct errore ln tl~ix murt~sge snd the note executed i~ connection herewith. Deectiptioa of proptrty mnrtK~Kfd: YOTOR k~ ~ p~l M~. Bei7 St71t I Oelu~c ~r I Nes K User i SeNa! N~. T-~- M~tK Ns. I C)t. ~ V~r.ar t VEMICLE nnnt28C i ~j1~p c~.F7 I St~~ j ~ j; ~ i I l Q il `iH ~b fl Compiete n~ith n!t equfpmeni, pares enrl necessoriea now LherYOn or hereafter attaci~ed or piaced thereon by tt~e mortgagor. w.*rv;ox ;iHG M•. oescrl~c~.. I N•. orsc.tvct•n ~ N•. ! oescr~pti.e ~ li•. 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