Loading...
HomeMy WebLinkAbout2263 j' . ~ ~ ~r ' i II - . ~ 1 d ry, upell~e~ wi~h the alfachmenls and a u?tenances, ~ ~o ~aue and to ~iotd 1~e same, ear~i an eve f PP ~ unto tlie said Morlflagee jorever. ~n~ suitl Plorfc~n~~or co~~enants tvilh saitl 1~~ortgag~p !ha! snic~ ~lortgago~ wholly antr so~e~y own~ said f~ooel~, cl~atfels an~I persona~ properly, all oncl sinflulur, a6solutely; Ihat the said Morfgngor hw full power and lau~Jul ?i~~h! to s~ll and convey ihe same, all and singular, as a)oresaid: that sait~ goods, chullels ancr personal properly, all an~I singular, are f ree and c[ear o~ nny and all adt~erse c~ai~ns. ~iens a?id encumbr+nnces: arid fhal suid N1ort~a~or hereby ~ully u~arrnnts 1he tille and ownenhip o~ said goods. chaltals ond personal properly, all and singular, and wi~l defend Ihe same against fhe c~atms oJ aII persons u?homscever. ~ ~rou~ded tways~ l~ia! i~ sai~ ~~ortga~or s~~a~~ pay unfo the saic~ MoHgagee the cerlain promissory note ~~ereinujfer su~stanlia~~y copiec~ or ic~entifiec~, to-wil: That certain mortgage note dated April 5, 1966, in ~ the original prir~c,~~ ount of $440,100 secured by a mortgage on the abo~i~~escribed real property from Mortgagor hereir?'to the Mortgagee herein, recorded April (o , 1966, under Clerk's No. /~`~Z , Public Records of St. Lucie ~ounty, Florida. This Chattel Mortgage is given in connection with and as a part of the security for the payment of the sum represented by the promissory note above described and in addition to the giving of the real property mortgage described•~}~ove which likewise secures the payment of the promissory note herein described, which real property mortgags_ covers the ~ real estate hereinabove mentioned and set forth, and it is expressly herein agreed, anything to the contrary herein mentioned notwithstanding, that a default in or failure to carry out and perform according to the terms of said real property mortgage covering the said real estate, shall operate as and constitute a default in the j performance of the terms and conditions of this Chattel ~ 2~iortgage and with the same rights and privileges to the l Mortgagee with respect to its option to foreclose, or ~ other handling or disposition, as are set out in the real ~ property mortgage on the said real property. ~ ~ ~ ~ ~ ~ ~ ~ _ ~ w~ ~ € s ~ ~ ~ ~ ~ ~ and shall per(orm, comply wilh and a6ide 6y eac{~ nncl e~ery the stipulations, agreemenfs, conditions nnd ~ ~ co~~~nants oJ said promissory note and o~ Ihis mortgage, lhen this mortpage and tF~e eslate hereby creafed s{~all ~ ~ c~ase, delermine and Le null and void. ~ ~ ~nd Ihe said Mort agor here6y furllter covenants and agrees: ~ 9 ~r ~ BOOK ~ 1 ~ r: ~ ~s : ~ ~ ~ : ~ - .